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£375,000
7 bedroom Mid Terrace House for sale, Grange Crescent, Sunderland, Tyne and Wear, SR2
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Features and Description
- Investment Opportunity
- City Centre Location
- Modern Throughout
- Council Tax Band A Sunderland City Council
- EPC Grade C
- 302 sqm/ 3250sqft Floor Area
Situated in a well established residential location, this substantial multi unit investment property on Grange Crescent presents an excellent opportunity for investors seeking strong rental yield and diversified income streams. The accommodation is arranged over four levels and offers a mix of self contained apartments and high demand en suite rooms, making it ideally suited to professional tenants and long term rental occupancy.
The property has been thoughtfully configured to maximise rental potential while offering flexible living arrangements throughout. With a combination of private self contained accommodation and shared living facilities, the property is well positioned to appeal to a broad tenant demographic.
Basement Level
The basement comprises two generously proportioned en suite letting rooms, both benefiting from private shower facilities. Residents on this level have access to well maintained shared kitchen facilities, creating practical and comfortable accommodation for tenants.
Ground Floor
The ground floor offers a self contained studio apartment featuring an open plan living and sleeping area alongside its own kitchen and bathroom facilities. In addition, there is a further en suite letting room, providing additional rental accommodation with private bathroom facilities.
First Floor
Occupying the first floor is a spacious self contained on bedroom apartment comprising a separate bedroom, living area, fitted kitchen, and bathroom. Also located on this level is an additional en suite room, further enhancing the property’s multiple income opportunities.
Second Floor
The second floor hosts a further self-contained one bedroom apartment, offering well balanced accommodation with independent living facilities including a separate bedroom, kitchen, living space, and bathroom.
Investment Potential
This fully income producing property provides a rare opportunity to acquire a ready made investment with a varied unit mix and strong rental appeal. The layout lends itself to continued high occupancy levels, while the combination of self contained apartments and en suite rooms allows for multiple revenue streams within a single asset.
Early viewing is highly recommended to fully appreciate the scale, flexibility, and investment potential this property has to offer.
Lounge
13'9" x 14'9" (4.20m x 4.50m)
Kitchen Diner
15'11" x 7'1" (4.85m x 2.16m)
Bedroom 1
10'4" x 15'1" (3.15m x 4.60m)
En-Suite
2'11" x 7'8" (0.90m x 2.34m)
Bedroom
10'4" x 8'2" (3.15m x 2.50m)
En-Suite
2'1" x 5'7" (0.64m x 1.70m)
Agent Note
Basement which is a 2 bedroom apartment £1050 pcm however this has been split into 2x en-suite bedrooms with shared kitchen and sitting room and £700 per room
Openplan living Area
14'5" x 18'9" (4.40m x 5.72m)
En-Suite
3'5" x 8'2" (1.04m x 2.50m)
Agent Note
Currently Receive £675 PCM
Bedroom
10'3" x 15'3" (3.12m x 4.65m)
En-Suite
3'7" x 8'4" (1.10m x 2.54m)
Bedroom
10'7" x 15'2" (3.23m x 4.62m)
En-Suite
1.04mx 2.67m
Agent Note
Rooms 2 & 3 both ensuite and have shared kitchen facilities and hoping to achieve £625 PCM
Open Plan Living Area
10'8" x 15'6" (3.25m x 4.72m)
Shower Room
3'5" x 9'11" (1.04m x 3.02m)
Bedroom
10'12" x 8'6" (3.35m x 2.60m)
Agent Note
Currently Let at £920 PCM
Openplan Living Area
14'8" x 20'9" (4.47m x 6.32m)
Bedroom
14'11" x 16'2" (4.55m x 4.93m)
Shower Room
8'11" x 4'2" (2.72m x 1.27m)
Agent note
Rented currently at £900 PCM
AGENT NOTE
The Owner currently Pays all utility bills as they are included for tenants current LL pays Gas and electric currently £550 pcmCouncil tax for each unit in total currently £493 for all pcmBroadband £45 pcmCurrently the property is not at full Capacity.If property is at full capacity the rental yield will be approximate 13% based on historic rental income.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Grange Crescent, Sunderland, Tyne and Wear, SR2
Additional Information
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Property refSUN260318
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TenureFreehold
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Your Move Estate Agents Sunderland
Your Move Sunderland
4a Athenaeum Street, Sunderland, SR1 1QX
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Borrowing £337,500 and repaying over 25 years with a 2.5% interest rate.
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Floorplan
Map view
Street view
Lounge
13'9" x 14'9" (4.20m x 4.50m)
Kitchen Diner
15'11" x 7'1" (4.85m x 2.16m)
Bedroom 1
10'4" x 15'1" (3.15m x 4.60m)
En-Suite
2'11" x 7'8" (0.90m x 2.34m)
Shower Room
3'5" x 9'11" (1.04m x 3.02m)
Openplan Living Area
14'8" x 20'9" (4.47m x 6.32m)
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs