Langton Close, Sunderland, Tyne and Wear, SR4 7AS
- SIZE
4,855 sq ft
451 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
- Investment opportunity
- 5 individual neighbouring huses
- Desirable location
- Rare opportunity
Description
Pattinson Estate Agents are delighted to welcome to the market this exceptional multi-unit residential investment portfolio located Millfield, Sunderland.
An incredibly rare opportunity to acquire five neighbouring residential assets under common ownership, creating a secure, courtyard-style investment block.
Comprising a mix of multi-bedroom residences and self-contained flats, the portfolio totals 21 units of accommodation.
Property 1 - 5 bedroom house
Property 2 - 3 self contained flats
Property 3 - 5 bedroom house
Property 4 - 3 self contained flats
Property 5 - 5 bedroom house
The portfolio offers an immediate income stream with 6 units currently let to tenants in situ, generating £3,090 per calendar month, presenting a massive asset-management upside to let the remaining 15 vacant units.
Having recently undergone significant investment, including comprehensive compliance and electrical upgrades, the entire portfolio proudly boasts a consistent EPC Rating of C across all five properties.
Situated in a highly accessible Sunderland location, this asset benefits from robust, year-round tenant demand driven by close proximity to Sunderland Royal Hospital, the University of Sunderland, and the vibrant city centre. This is a blue-chip addition for any serious investor looking to tap into a high-yielding, regeneration-led North East market.
Key Investment Features
Asset Management Potential: Scope for future reconfiguration, extension, or specialist supported-housing partnerships (STPP).
Immediate Income Stream: 6 units currently occupied, producing £3,090 PCM (£37,080 per annum) out of the gate.
Substantial Value-Add Potential: 15 vacant units remaining, offering an investor massive rental growth and immediate asset-management upside.
Substantial 21-Unit Portfolio: Five distinct, neighbouring properties within a controlled courtyard environment.
Turn-Key Compliance: Recent significant investment into upgraded electrical installations, fire detection, alarms, and emergency lighting.
Excellent Energy Efficiency: All 5 properties achieve an EPC Rating of C, safeguarding against future legislative changes.
Diverse Asset Mix: Comprises 3x large multi-bedroom properties and 6x self-contained 1-bedroom apartments.
Premium Location: Minutes from major healthcare, university, employment, and transport (Metro) hubs.
Location & Tenant Demand
Sunderland continues to offer a compelling income profile with highly affordable entry points relative to the south of the UK, paired with a steadily rising private rental market.
The Langton Close portfolio enjoys a highly resilient tenant base. It appeals directly to medical professionals and agency staff from the nearby Sunderland Royal Hospital, domestic and international students from the University of Sunderland, and commuters utilising the nearby Metro services and major road networks to Newcastle and Durham.
Planning
All 5 properties were previously licensed as 5-bedroom HMOs. However, due to Article 4 regulations, HMO licensing cannot be guaranteed for future use, and any retrospective planning permissions required will be the responsibility of the buyer.
Please contact us directly to arrange a viewing
Location
This portfolio of properties is located on Langton Close, in Sunderland City Centre. It is located within close proximity to transport links and local amenities, with a 15 minute walk to the Bridges Shopping Centre and Sunderland centre.
Accommodation
1 Langton Close: 5-bedroom layout, perfectly configured for professionals or students. Features a spacious communal kitchen and sociable shared lounge.
2 Langton Close: Subdivided into three self-contained 1-bedroom apartments, each complete with a private kitchen, bathroom, and living space.
3 Langton Close: 5-bedroom layout with a large shared kitchen and comfortable communal lounge, ideal for high-density rental income.
4 Langton Close: Subdivided into three self-contained 1-bedroom apartments, catering perfectly to working professionals and couples.
5 Langton Close: 5-bedroom layout boasting spacious communal areas and highly functional tenant living spaces.
Tenure
1, Langton Close, Sunderland, SR4 7AS - TY419108 - Freehold
2, Langton Close, Sunderland, SR4 7AS - TY419058 - Leasehold
3, Langton Close, Sunderland, SR4 7AS - TY421402 - Leasehold
4, Langton Close, Sunderland, SR4 7AS - TY421405 - Leasehold
5, Langton Close, Sunderland, SR4 7AS - TY552946 - Leasehold
Land at Langton Close - TY423744 - Freehold
Land at 5 Langton Close - TY554990 - Freehold
EPC
Available upon request.
(1 rating C)
(2 rating C)
(3 rating C)
(4 rating C)
(5 rating C)
Council Tax
Council tax band B for all properties.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Brochures
Brochure- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
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Visit our security centre to find out moreDisclaimer - Property reference 519917. 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 Pattinsons, Pattinsons Commercial North East. 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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