Guide price

£142,000

Retail premises for sale
Hylton Road, Sunderland SR4

    Freehold
    Added on 20/06/2024

    About this property

    • Current gross yield of 16.4% at guide price of £142,000

    • Total current income £1,945 per calendar month (£23,340 per annum)

    • Mixed-use freehold investment - retail unit plus 3-bed HMO maisonette

    • For sale by secure online auction - terms and conditions apply

    • Full Double Glazing

    • Gas Central Heating Combi Boiler

    Investors seeking high-yield property for sale in Sunderland will find an exceptional opportunity at 36 Hylton Road, SR4 7AA. This fully tenanted mixed-use freehold investment delivers a current gross yield of 16.4% at the guide price of £142,000, generating £23,340 per annum across four separate tenancies - income producing from day one.

    The property comprises a ground floor retail unit currently let to an established cake shop at £550 pcm (tenancy commenced May 2024), plus a self-contained three-bedroom HMO maisonette above accessed via a separate entrance.

    The first floor features a fully-equipped kitchen and two en-suite bedrooms let at £500 pcm each. The second floor houses a further spacious en-suite bedroom at £495 pcm, with an immediate uplift opportunity to £550 pcm available - increasing annual income to £24,000 and gross yield to 16.9% with no capital works required.

    This North East investment property offers the kind of yield that is simply unavailable in southern markets, backed by strong and consistent rental demand in the SR4 corridor. Ideal for portfolio landlords, first-time investors, and buyers seeking diversified income across commercial and residential tenancies.

    For sale by secure online auction. Full legal pack available on request.

    Mobile signal/coverage: Good.

    Building Safety: None of the above.

    Water source: Mains.

    Electricity source: Mains.

    Sewerage arrangements: Mains.

    Heating Supply: Central heating (gas).

    Broadband internet type: Others.

    Does the property have required access (easements, servitudes, or wayleaves)?
    No.

    Mortgage calculator

    Monthly repayment

    £710 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    Report this listing