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£1,800,000
MULTI UNIT RESIDENTIAL INVESTMENT OPPORTUNITY
LOCATION
Bradley Hall Sunderland are delighted to welcome this exceptional investment opportunity in the picturesque coastal location of Roker. Boasting stunning panoramic views of Roker Pier and the award winning, blue flag beaches of Roker, Seaburn and beyond, this block of apartments arguably has some of the best views within Sunderland.
The seafront regeneration scheme has been the subject of significant funding of more than £10m over recent years. The apartments benefit from a vast range of leisure amenities on the doorstep, including a range of restaurants and bars on Marine Walk, in addition to the established Roker leisure circuit, offering some of the finest craft ales, fine wines and cocktails in and outdoors.
Further amenities are easily accessible on the nearby Sea Road shopping parade including excellent transport links with regular bus routes into Sunderland City Centre. The Sunderland Univeristy and St Peter’s Campus lie within close proximity.
DESCRIPTION
A late 19th century brick built mid terraced property, with attractive views overlooking Roker beach. The property comprises 15no. apartments spread over four floors, including basement. The apartments are a mix of one and two bedrooms, with each benefitting from their own bathroom and kitchen facilities.
Externally, the property benefits from a front lawned area and to the rear lies a car park with 15 bays and 2 visitor spaces.
ACCOMODATION
7no. One Bedroom Apartments
8no. Two Bedroom Apartments
EPC
EPC Rating Bands B & C (Schedule available)
TERMS
Available by way of Freehold Title at Offers in Excess of £1,800,000 (One Million, Eight Hundred Thousand Pounds). This equates to a net initial yield of 6.07% assuming usual purchaser’s costs.
ACCOMMODATION SCHEDULE & TENANCY INFORMATION
Each apartment is let to private individuals on Assured Shorthold Tenancy (AST) Agreements. A copy of the AST’s are available on request.
Tenure: Freehold | Council Tax Bands: B & C | EPC Rating Bands: B & C | Unrestricted mobile phone coverage | Superfast Broadband | AST’s available on request | Asset Managment Opportunity
For further information, contact Helen Wall or Emma Owens at Bradley Hall Sunderland.
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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