No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£120,000
Added > 14 days

7 bedroom terraced house for sale

Egerton Street, Sunderland SR2
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Terraced house
7 bed
1 bath
EPC rating: E*
2,680 sq ft / 249 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • SUBSTANTIAL THREE STOREY BUILDING
  • ACCOMODATION OF OVER 2500 ft2
  • SEVEN BEDROOMS IN TOTAL
  • PREVIOUSLY EXPIRED HMO LICENSE
  • ON THE EDGE OF SUNDERLAND CITY CENTRE
  • FREEHOLD
  • COUNCIL TAX BAND - A
  • EPC RATING - E
Investors, take note of this exceptional opportunity: a substantial three-storey property located just on the edge of Sunderland City Centre, directly opposite Mowbray Park. Offering over 2500 ft² of living space, this property is currently rented on a single let Assured Shorthold Tenancy (AST) at £595 per month. Yet, its prime location and previous HMO license indicate a lucrative potential for conversion into a multi-let property.

Envision transforming this space into a high-yielding investment with 7 potential bedrooms, ideal for a House in Multiple Occupation (HMO) or student accommodation, significantly amplifying cash flow. The structure's unique design, widening towards the rear due to its position on a terraced street bend, adds to its appeal.

The ground floor features a spacious front living room followed by an even larger room at the rear. At the end of the hallway, an open-plan dining area leads to a fitted kitchen. The first floor houses the main bathroom with an additional WC and four bedrooms. The upper floor contains two more bedrooms and an unused bathroom, offering scope for further development.

For investors focusing on generating income, this property's combination of location, size, and versatility presents a not-to-be-missed opportunity to create a profitable investment in a high-demand area. 

Property information from this agent

Places of interest

    We are proud to serve the communities of Sunderland and the surrounding areas - providing expert advice and support across all areas of the property market. Sunderland born and bred Director Chris Poulton, previously worked in banking for more 15 years before bringing his expertise across the business and customer service to Martin & Co Sunderland. The dedicated team at Martin & Co Sunderland, bring over 40 years of combined industry experience covering sales, letting and property management. Together they ensure you receive a tailor-made service to suit your individual needs. Martin & Co Sunderland is located in the heart of the city centre on Athenaeum Street and has benefited from extensive regeneration and transport enhancements. If you're looking for a home to rent in the area or have a property for sale, please do get in touch with a member of our team who would be delighted to help.

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    *DISCLAIMER

    Property reference 101187002886. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Sunderland.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on May 9, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on May 9, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on February 25, 2022 from 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.