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Available
Guide Price £270,000An excellent opportunity to acquire a freehold block of four one-bedroom apartments situated in the highly sought-after residential area of Ashbrooke. The property is currently generating a rental income of £1,270 per calendar month, with clear potential to increase this to approximately £1,670 per calendar month once fully optimised. Three of the four apartments are currently let, offering immediate income for investors.
Each apartment benefits from gas central heating, while externally the property offers a communal yard with the added advantage of off-road parking to the rear. The location is particularly desirable, being close to a range of local amenities, well-regarded transport links, and Sunderland City Centre, making it an attractive choice for tenants.
The property is offered for sale via auction and must be viewed to fully appreciate the investment potential on offer.
21 Athenaeum Street,
Sunderland
SR1 1DH