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St. Bedes Terrace, Christchuch, Sunderland

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

5

SIZE

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TENURE
Describes 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

  • INVESTMENT SALE
  • 5 NO SELF CONTAINED FLATS
  • 3 NO FLATS LET
  • 2 NO FLATS REQUIRE MODERNISATON
  • CURRENT RENTAL £2075 PER MONTH / £24,900 PER ANNUM
  • POTENTIAL RENTAL WHEN LET £3425 PER MONTH / 41,100 PER ANNUM
  • VIEWING ADVISED
  • EPC RATINGS: Flat 3: D Flat 4: C Flat 5: D

Description

INVESTMENT / DEVELOPMENT MULTI LET INVESTMENT An exciting opportunity to purchase a mid terraced house comprising of 5no self contained flats offering a unique investment / development opportunity. The building is part let with 3 flats tenanted but 2 flats do required modernisation to bring them up to a lettable standard. The property is arranged over 4 floors provide 5no self contained flats. Currently producing £2075 PER MONTH / £24,900 PER ANNUM but when fully let a potential of £3425 PER MONTH / 41,100 PER ANNUM. Externally there is a lawned garden to the front and a rear yard. St Bedes Terrace is a much sought after private road and provided excellent access to transport links, shops and amenities as well as Mowbray Park and Sunderland City Centre only a short walk / car journey. Viewing of this exciting project and investment property is highly recommended to appreciate the location and potential on offer.

Tenancy Details - It has been advised that the following rents are payable for the property.

FLAT 1: IN NEED OF MODERNISATION
FLAT 2: IN NEED OF MODERNISATION
FLAT 3: £675 per month
FLAT 4: £750 per month
FLAT 5: £650 per month

Full details in relation to the tenancy details are available upon request, the rents were advised by the landlord and correct at the time of listing. Prospective purchasers should make their own investigations in this regard as the rent can sometimes change.

Entrance Hall - Leading to:

Flat One - In Need Of Moderisation - Inner Hall, storage cupboard

Kitchen - 3.85 x 1.88 (12'7" x 6'2") - Floor units radiator, stainless steel sink and drainer

Bathroom -

Bedroom/Living Room - 4.70 x 5.98 (15'5" x 19'7") -

Flat Two - In Need Of Modernisation -

Living Room/Kitchen - 6.13 x 3.76 (20'1" x 12'4") - Double radiator, kitchen with floor units, wall mounted gas central heating boiler,

Bedroom - 3.39 x 3.63 (11'1" x 11'10") - Double glazed window, radiator

Shower Room - Low level wc, wash hand basin, radiator, shower cubicle, double glazed window

Flat Three -

Bedroom - 4.53 x 2.69 (14'10" x 8'9") - Rear facing, radiator, cupboard with wall mounted gas central heated boiler.

Inner Hall -

Living Room - 6.50 max x 535 max (21'3" max x 1755'2" max) - Bay window, ornate feature fire, double radiator.

Flat Four -

Inner Hall - Radiator, storage cupboard

Living Room - 3.57 x 4.72 (11'8" x 15'5") - Front facing two windows, radiator

Bedroom - 4.09 x 2.30 (13'5" x 7'6") - Front facing, radiator

Kitchen - 2.98 x 2.20 (9'9" x 7'2") - Range of floor and wall units, tile canvasback, stainless steel sink and drainer with mixer tap, plumbed for washer, space for freestanding cooker, storage cupboard

Bedroom - Rear facing, radiator

Shower Room - White suite comprising, low level wc, pedestal wash hand basin with mixer tap and tile splashback. shower cubicle, chrome towel radiator, extractor

Flat Five - Landing, radiator, storage cupboard.

Bathroom - White suite comprising of a low level WC, pedestal basin with mixer tap, chrome towel radiator, cupboard with wall mounted gas central heating boiler, bath with mixer tap and shower over.

Kitchen - 2.36 x 3.44 (7'8" x 11'3") - Range of floor and wall units, tiled splashback, stainless steel sink and drainer with mixer tap, electric over, gas hob, t fall roof in part, reccessed spot lighting, radiator.

Bedroom - 5.47 max x 4.33 max (17'11" max x 14'2" max ) - Ornate feature fire, t fall roof in part, velux style window.

External - Externally there is a front lawned garden and a rear yard

Free Valuations - We are pleased to offer a free valuation service for prospective purchasers considering a sale of their own property. We can advise you with regard to marketing, without obligation

Mortgage Advice - Mortgages can be arranged via our Financial Advisers subject to status. Your home may be repossessed if you do not keep up repayments on your mortgage.

Tenure - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor

Council Tax - The Council Tax Band is Band

FLAT 1 BASEMENT: A
FLAT 2 GROUND FLOOR REAR: A
FLAT 3 GROUND FLOOR FRONT: A
FLAT 4 FIRST FLOOR: A
FLAT 5 SECOND FLOOR : A

Epc - EPC Ratings:

Flat 3: D
Flat 4: C
Flat 5: D

Brochures

St. Bedes Terrace, Christchuch, Sunderland
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
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
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.
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Energy performance certificate - ask agent

St. Bedes Terrace, Christchuch, Sunderland

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About Michael Hodgson, Sunderland

4 Athenaeum Street, Sunderland, SR1 1QX
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Michael Hodgson Chartered Surveyors & Estate Agents are a multi award winning agency who recognise that you are considering entrusting the sale or letting of one of your most valuable assets to our company.

We offer a seamless and distinctive approach to the property market and combine entrepreneurial flair with solid professional knowledge to advise on and then implement the right solution for each client using a unique blend of traditional standards with a contemporary twist.

Our expertise means we are committed to providing the highest quality of personal service together with specialist advice on residential and commercial property. At Michael Hodgson we pride ourselves on delivering a first class service, combining professionalism with targeted results. Integrity and honest are the core values we adhere to. We always put our clients first.

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Disclaimer - Property reference 33821006. 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 Michael Hodgson, Sunderland. 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.

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