Mixed Use Residential & Commercial Freehold Block

Location: Sunderland, Tyne & Wear

Price: £1.1m

Discount: Included

We’re able to offer another large freehold opportunity in the North East. This mixed use commercial / residential block is available for £1.1m and generating a gross income of £82,800 p.a.

The block consists of:

  • 1 x commercial unit – let to a beauty salon until 2024
  • 2 x two bedroom residential apartments
  • 8 x one bedroom residential apartments

9 of the 10 residential units are currently let. Any offer we put forward will be subject to 100% occupancy before exchange. This means you’ll be securing the full income advertised.

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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.