Elmwood Street, Sunderland, SR2
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- SIZE
14,800 sq ft
1,375 sq m
- 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
- Quote Ref: 773832 when calling
- high spec multi unit block
- strong rental demand area
- impressive income
Description
This is a turnkey, income producing asset with minimal overheads and no HMO licence required confirmed by Sunderland City Council.
• Fully refurbished in 2023 to a high, modern standard
• 1 large 3 bedroom flat, all rooms ensuite with in room drinks stations
• No HMO licence required
• 2 x high end 1 bedroom flats
• Gross rent exceeding £40,000 per year
• Only bills paid are for the 3 bedroom flat — excellent net yield potential
• Floor plan available
Income Breakdown
• Flat 1 (3 bed ensuite) – £610 + £710 + £610
• Flat 2 (1 bed) – £750
• Flat 3 (1 bed) – £725
Total: £40,000+ per annum
A rare chance to secure a fully let, high spec block with strong, predictable income and low management friction. The combination of ensuite rooms, premium finishes, and modern layouts ensures consistent demand and minimal voids.
Properties refurbished to this standard and with this level of income are extremely limited in the Sunderland market.
GROUND FLOOR - FLAT 1
Bedroom 1 1
with ensuite
Bedroom 1 2
Bedroom 2
with ensuite
Bedroom 3
with ensuite
Kitchen
FIRST FLOOR - FLAT 2
Utility Room
Kitchen/Diner 1
Kitchen/Diner 2
Bathroom 1
Bathroom 2
SECOND FLOOR - FLAT 2
Bedroom
Disclaimer 1
Measurements
All measurements given are intended for general guidance and should not be relied upon as exact. Please verify any critical dimensions independently before making decisions based on them.
Services and Appliances
We have not carried out tests on any of the services, systems, or appliances within the property. Buyers are therefore strongly encouraged to arrange for their own inspections or reports before proceeding with an offer.
Disclaimer
These particulars are provided in good faith but do not form part of any offer or contract. All information should be independently verified by the buyer or tenant. Neither the selling agents nor their representatives have authority to make or imply any warranty or representation regarding the property.
Disclaimer 2
Identification Requirements
In line with current anti-money laundering legislation, prospective purchasers will be required to provide proof of identity at a later stage. We kindly ask for your cooperation to avoid any unnecessary delays in the transaction process.
General Note
We aim to ensure that the property details provided are fair, clear and as accurate as possible. However, they are intended only as a general guide. If there is any aspect that is particularly important to you, please get in touch with us for clarification—especially if you're planning to travel a significant distance to view the property.
- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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Elmwood Street, Sunderland, SR2
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Visit our security centre to find out moreDisclaimer - Property reference RX773832. 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 Keller Williams Plus, Covering Nationwide. 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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