Freehold Mixed Use Block For Sale
Residential & Commercial mixed use block for sale
Location – Sunderland
Price – £1,100,000
Key Investment Facts
- 10 residential apartments
- 8 x 1 bedroom units & 2 x 2 bedroom units
- Commercial ground floor shop unit – recently refurbished
- Recently refurbished throughout with fitted kitchens, modern bathrooms, double glazing and intercom system
- £79,380 total gross rental income fully occupied
- Excellent location close to Sunderland city centre
- Fully managed by local letting agency
Spectacular development in excellent location just 300 yards from railway station. A perfect opportunity for an investor to secure a stylish residential and commercial premises, plus a huge passive income.
Sunderland is a manufacturing powerhouse with a global presence. Home to the UK’s biggest and most productive car plant, the city is a European centre for electric vehicle research and production, and expertise in advanced manufacturing extends across aerospace and turbo technologies.
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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.