Block of flats for sale in Norfolk Street, Sunderland SR1

Investment opportunity

We are deloighted to offer for sale seven self contained apartments (12 bedrooms in total) including the freehold in fashionable Sunniside close to Sunderland city centre and the picturesque Sunniside gardens. The property comprises;

1 x studio

2 x one bedroom apartments

3 x 2 bedroom apartments

1 x 3 bedroom apartment

All of the apartments are tenanted with a gross annual income of £59,000 (there is potential for rent increases) and come fully furnished. The development is extremely popular with students with it's city centre location and close proximity to both university campuses.

Viewing highly recommended.

Council Tax Band A

Tenure - Freehold

Apartment A
Two bedroom apartment comprising;
Communal Entrance
Hallway
Sitting Room
Kitchen
Two Double Bedrooms
Shower Room/WC
Currently let until August 2024 at £750pcm including utility bills.
EPC Rating C

Apartment B
Two bedroom apartment comprising;
Communal Entrance
Hallway
Sitting Room
Kitchen
Two Double Bedrooms
Shower Room/WC
Currently let until June 2024 at £750pcm including utility bills.
EPC Rating C

Apartment C
Stuio apartment comprising;
Communal Entrance
Lobby
Studio Living Space With Study/Seating Area, Kitchen Area & Bedroom Area
Shower Room/WC
Currently let until October 2024 at £600pcm including utility bills.
EPC Rating C

Apartment D
One bedroom apartment comprising;
Communal Entrance
Living Room
Kitchen
Bedroom
Shower Room/WC
Currently let until August 2024 at £600pcm including utility bills.
EPC Rating C

Apartment E
Three bedroom apartment comprising;
Communal Entrance
Hallway
Living Room
Kitchen
Three Double Bedrooms
Shower Room/WC
Currently let until August 2024 at £1000pcm including utility bills.
EPC Rating C

Apartment F
Two bedroom apartment comprising;
Communal Entrance
Hallway
Open Plan Living Room/Kitchen
Two Bedrooms
Shower Room/WC
Currently advertised at £700pcm including utility bills.
EPC Rating D

Apartment G
Studio apartment comprising;
Communal Entrance
Lobby
Studio Living Space With Study/Seating Area, Kitchen Area & Bedroom Area
Shower Room/WC
Currently let at £525pcm including utility bills.
EPC Rating E