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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£700,000
Added > 14 days

Residential development for sale

Defender Court, Sunderland Enterprise Park, Sunderland
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Residential development
19 bed
0 bath

Property description & features

This unique investment opportunity offers a mixture of houses and Tyneside flats, providing a diverse range of living spaces for potential tenants. With a current gross yield of approximately 7.5% and a rental income of £52,740 per annum, this property promises not only a lucrative investment but also a chance to own a piece of North East's thriving property market.

Whether you are looking to expand your property portfolio or seeking a new venture in the real estate market, This presents an exciting opportunity to make a sound investment in the North East.

Portfolio Schedule:
Oaklands, Prudhoe, NE42 5AR, 1 & 2 bedroom Flat - £845pcm
Ravensworth, Birtley, DH3 1EJ, 3 Bedroom Semi - £650pcm
Medway, Great Lumley, DH3 4HU, 2 Bedroom Semi - £650pcm
Tudor Grove, Sunderland, SR3 1SU, 3 Bedroom Semi - £550pcm
Mortimer Road, South Shields, NE34 0RR, 3 Bedroom Flat - £800pcm
St Vincent Street, South Shields, NE33 3AR, 2 & 3 Bedroom Flat - £900pcm

Property information from this agent

Places of interest

    Property is our Passion. We originally started out as landlords, building our own portfolio. Then we met others with the same goal who, in turn, became our clients – building their portfolios using the knowledge and contacts we had built over time. As we have now grown our own portfolio to over 300 properties, we believed the time was right to extend this opportunity to others aspiring to do the same  Therefore Propertunity was formed and is available to you, today! We retain exclusive rights with many developers and also Sunderland Council and charities helping house our most vulnerable families. This means that our clients benefit from market properties and opportunities for guaranteed rent basis and a full repairing lease agreement (meaning no repair costs for your property) – we’re sure you’ll agree that this is a win/win scenario. Pop in and see us! We’ll be delighted to show you around the area and share our insights into this incredible market…or simply browse through our latest buy to let properties available.

    See more properties like this:

    *DISCLAIMER

    Property reference 33126863. 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 Propertunity North East - Tyne & Wear.

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

    Broadband availability and predicted speed

    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

    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

    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.