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4 bedroom terraced house for sale

Western Hill, Sunderland
Sold STC
Terraced house
4 beds
1 bath
1,259 sq ft / 117 sq m
EPC rating: E
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Fantastic investment opportunity
  • Great options to add value and refinance
  • Very popular central location
  • 9% gross rental yield
  • Large rear yard with roller shutters, allowing off-road parking
4-Bedroom Terraced Property in Sunderland – Investment Opportunity

Overview
A four-bedroom terraced property offering 1,259 ft² of internal living space, currently let at £800 PCM with a tenant in place. The property provides an immediate rental income and exciting potential for further development/conversion to a House in Multiple Occupation (HMO), subject to planning.

For Investors  
- Rental Yield: Currently achieving £800 PCM, representing a gross yield of approximately 9%.
- Development Potential: Possible upgrades or conversion to an HMO could increase rental income. Post-upgrade/conversion, the property would have a significantly increased refinance value.  
- Local Rental Market: The area is very popular among professionals and students, benefiting from its proximity to the hospital, University, Sunderland city centre and transport links.  
- Large rear yard with shutter: Large rear yard space offers further development potential and off road parking.

Transport Links  
- Roads: Convenient access to the A690 (0.3 miles), leading to Durham and the A19 for Newcastle and Teesside.  
- Train: Sunderland train station is 1 mile away, with services to Newcastle (30 minutes) and Middlesbrough (50 minutes).  
- Bus Services: Local bus routes operate nearby.  
- Air Travel: Newcastle International Airport is 23 miles away, about a 35-minute drive.  

Factual Information  
- Tenure: Freehold  
- Floor Area: 1,259 ft² (117 m²)  
- Plot Size: 0.03 acres  
- Council Tax Band: A (£1,331 estimated annual cost)  
- EPC Rating: current - E, potential C
- Flood Risk: No river or sea risk; low surface water risk  
- Broadband Availability: Ultrafast broadband up to 1000 Mbps  

This property offers an established rental income with scope for further development. For more information or to arrange a viewing, please get in touch.

Council Tax Band: A
Tenure: Freehold
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About this agent

Rent North East - Gateshead
Rent North East - Gateshead
412, Aidan House Business Center Gateshead, Tyne & Wear NE8 3HU
0191 392 0343
Full profileProperty listings
Rent North East is a multi award winning property management and lettings agency, offering top rated property management and lettings services across
the North East. With a strong local presence in Gateshead, Newcastle and Sunderland as well as the surrounding areas, Rent North East are well placed to let
and manage properties across the North East. Rent North East are leading innovators, with a fully online system, enabling applicants to rent a property from
the comfort of their homes, and landlords to keep track of progress via their online portal. Our trademark excellent customer service ensures t... Show more
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