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For Sale by Auction on 21st November 2024, Freehold Residential Investment, 37-39 Norfolk Street, Sunderland, SR1 1EE

5,404 Sq Ft / Retail / Investment

For Sale - £250,000.00

Available - Last updated: 14 November 2024

For Sale by Auction on 21st November 2024

A terrace of linked three mid-terraced houses that have been converted into 7 self-contained flats. There is a rear yard and off-street parking. The property totals about 502 sq m (5,404 sq ft) - obtained from EPCs.

Location

Sunderland is a port  city in Tyne and Wear, at the mouth of the River Wear on the North Sea, approximately 10 miles south-east of Newcastle upon Tyne and 12 miles north-east of Durham. Sunniside is a district towards the eastern side of the city centre, bounded to the west by Fawcett Street, to the south by Borough Road, and to the north and east by the Inner Ring road. A significant programme of urban development has established Sunniside as a centre of culture, film, dining, entertainment and art in the city. It is also known as the historic heart of Sunderland's legal and real estate sectors, with many solicitors and estate agencies based in the area.

The property is located on the west side of Norfolk Street, north of Borough Road in a mixed use area.

Accommodation

Flat 37A - Top Floor Maisonette - 94 sq m (1,012 sq ft)

Flat 37 - Ground Floor Flat - 51 sq m (549 sq ft)

Flat 38A - Top Floor Maisonette - 94 sq m (1,012 sq ft)

Flat 38 - Ground Floor Flat - 56 sq m (603 sq ft)

Flat 39A - Ground Floor Maisonette - 43 sq m (463 sq ft)

Flat 39 - Ground Floor Flat - 66 sq m (710 sq ft)

Flat 39B - Top Floor Maisonette - 98 sq m (1,055 sq ft)

Total - 502 sq m (5,404 sq ft)

Terms

Tenure - Freehold

Guide Price - £250,000

Specification

  • By Order of the Joint Fixed Charge Receivers
  • Freehold residential block of 3 linked-houses
  • 7 flats - all let on AST's
  • Asset management opportunities
  • Suit investors
  • Currently producing £41,700 per annum

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £250,000.00 NA

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Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Mat Harris

BidX1 Commercial

020 3151 9489

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