investment in SR2

Azalea Terrace North, Ashbrooke, Sunderland, Tyne and Wear, SR2 7ES

£300,000

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • 2x two storey, three floor properties
  • Total of 17 bedsits
  • Excellent investment opportunity
  • Current rental income £41,160PA
  • Excellent town centre location
  • 2x freehold titles

investment in SR2

The subject lot is two adjoining two story, three floor brick built buildings, separated into 17 bedsits. Located with the Ashbrooke area of Sunderland city centre, this is an ideal investment for anyone looking to expand portfolio. Currently, 15 of the 17 bedsits are tenanted, generating an annual income of £41,160.

Summary

  • Property Type: Investment
  • Parking: Allocated

Location

The properties occupy a prominent corner position on this sought after road, Azalea Terrace North, Ashbrooke. Just a few minutes walk from city centre, Sunderland University is also within walking distance as well as an abundance of shops, restaurants and good transport links into Sunderland and Newcastle city centre.

Accommodation

Properties 1 and 2 Azalea Terrace North make up a total of 17 bedsits.

Tenure

Freehold. Title numbers TY85927 and TY83637.

Lease Details

Currently, 15 out of 17 bedsits are let, generating an annual income of £41,160. A full list of tenancy details can be made available upon request.

EPC

Available upon request.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Ground floor, 1 Azalea

Ground floor, 1 Azalea

Ground floor, 2 Azalea

Ground floor, 2 Azalea

First floor

First floor

Second floor

Second floor