Western Hill, Sunderland
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fantastic investment opportunity
- Great options to add value and refinance
- Very popular central location
- 9% gross rental yield
- Large rear yard with roller shutters, allowing off-road parking
Description
Overview
A four-bedroom terraced property offering 1,259 ft² of internal living space, currently let at £800 PCM with a tenant in place. The property provides an immediate rental income and exciting potential for further development/conversion to a House in Multiple Occupation (HMO), subject to planning.
For Investors
- Rental Yield: Currently achieving £800 PCM, representing a gross yield of approximately 9%.
- Development Potential: Possible upgrades or conversion to an HMO could increase rental income. Post-upgrade/conversion, the property would have a significantly increased refinance value.
- Local Rental Market: The area is very popular among professionals and students, benefiting from its proximity to the hospital, University, Sunderland city centre and transport links.
- Large rear yard with shutter: Large rear yard space offers further development potential and off road parking.
Transport Links
- Roads: Convenient access to the A690 (0.3 miles), leading to Durham and the A19 for Newcastle and Teesside.
- Train: Sunderland train station is 1 mile away, with services to Newcastle (30 minutes) and Middlesbrough (50 minutes).
- Bus Services: Local bus routes operate nearby.
- Air Travel: Newcastle International Airport is 23 miles away, about a 35-minute drive.
Factual Information
- Tenure: Freehold
- Floor Area: 1,259 ft² (117 m²)
- Plot Size: 0.03 acres
- Council Tax Band: A (£1,331 estimated annual cost)
- EPC Rating: current - E, potential C
- Flood Risk: No river or sea risk; low surface water risk
- Broadband Availability: Ultrafast broadband up to 1000 Mbps
This property offers an established rental income with scope for further development. For more information or to arrange a viewing, please get in touch.
Brochures
Full Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Western Hill, Sunderland
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About 10Homes, Gateshead
412 Aiden House Tynegate Precinct, Sunderland Road, Gateshead, NE8 3HU
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Visit our security centre to find out moreDisclaimer - Property reference 12562247. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by 10Homes, Gateshead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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