Freehold Block: 12 Apartments

Location: Sunderland, Tyne & Wear

Price: £1.15m

Discount: Included

We have an immaculate block of 12 residential (9 x 2-bedroom and 3 x one-bedroom) apartments generating an income of £6,590 PCM / £79,080 PA.

All 12 residential units are currently tenanted on AST’s with the property being situated in a sought after location of Sunderland with sustainable rental demand – particularly amongst the professional demographic of the market.

Situated 5-minutes out of Sunderland City Centre with Sunderland Royal Hospital, Sunderland Train Station, Bridges Shopping Centre, Sunderland Museum & Winter Gardens, University City Campus a similar distance too. As you saw from my previous mailer on Sunderland last week – here’s why we’re pretty bullish on Sunderland City Region;

Sunderland has been on our radar as an unsung investment hotspot, majorly down to its massive regeneration scheme – Riverside Sunderland. With the aim to completely transform the city region with 1,000 new sustainable homes, modern offices and commercials space offering 8,000 – 10,000 new jobs, cultural offerings, parks, leisure development, training facilities and much, much more.

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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.