investment in SR2

Alexander Court, Chester Oval, Sunderland, Tyne and Wear, SR2 7AF

£3,200,000

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

  • Block of apartments
  • 23 x 2 bedroom apartments
  • Investment Opportunity
  • Currently Let £187,200 per annum

investment in SR2

The subject property is a block of 23 two bedroom apartments situated over four floors in Alexander Court, Chester Oval. The block provides off street parking by way of electronic gate system, for pedestrians there is a fob gate system. Each apartment has an open plan kitchen living aspect with a family bathroom and two bedrooms. Apartments are between 500 - 600 sq ft. NIA 1,229 m2 (13,229 sq ft).

Summary

  • Property Type: Investment
  • Tenure: Freehold
  • Parking: Allocated

Location

The subject premises lies adjacent to Chester Road A183, Chester Oval lies opposite Sunderland University City Campus which lies approximately 1 mile west of Sunderland City Centre. Sunderland University metro station lies approximately 400 metres from site and a bus stop lies adjacent to site.

Accommodation

Chester Oval consists of 23 x 2 bedroom modern apartments over four floors, with private car parking facilities and key lock buzzing in system. Each apartment has an open plan kitchen lounge aspect with an intercom system. Each apartment is approximately 500 sq ft. NIA 1,229 m2 (13,229 sq ft).

Lease Details

We are advised that the premises is fully Let at a rent of £650 pcm (£187,200 PA).
We currently await rent schedule and lease agreements.

Tenure

By way of freehold title. Title number: TY351537.

Rateable Value

Apartment 1 - 24 Alexander Court rated council tax band A.

Energy Performance Certificate

Available on Request. (1-5 rating C, 6-20 rating B, and 21-24 rating C).

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

Ground Floor

Levels 1-3

Levels 1-3

Level 4

Level 4