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Freehold

Offers in region of

£395,000

6 bed block of flats for sale

Esplanade West, Sunderland SR2
6 beds
4 baths
3 receptions
Email agent

Offers in region of

£395,000

6 bed block of flats for sale
Esplanade West, Sunderland SR2

    • 6 beds

    • 4 baths

    • 3 receptions

  • EPC Rating: D

Freehold
Added on 13/07/2024

About this property

  • Luxury Second Floor Apartment

  • Recently Refurbished

  • Fully let at £27,300PA

  • Gross Yield 7%

  • Open Plan Kitchen/Living Room

  • Share of Freehold

  • Private Communal Gardens

  • Secure Parking

  • Fully tiled Bathroom with Smart TV

  • Fully Integrated Kitchen

Investment opportunity. 7% yield

This freehold block of apartments has been fully refurbished to the highest standard in 2021, ensuring a modern and luxurious living experience for its future residents.

The option to split the titles prior to completion on a 999-year lease provides flexibility and potential for each flat to have a share of the freehold held by the management company.

Located close to Sunderland City Centre, this property is in the heart of the action, with easy access to all the amenities and attractions the city has to offer. The upcoming redevelopment of the old Civic Centre Site, set to accommodate 265 new homes, adds to the appeal of this location and presents exciting opportunities for future growth and development.

The superb location offers easy access to transportation links and local facilities. The outstanding investment opportunity producing £27,300PA and steady 7% yield and excellent potential for capital growth makes this property a lucrative option for those looking to expand their property portfolio.

Don't miss out on this chance to own a piece of prime real estate in Sunderland - schedule a viewing today and experience the endless possibilities that this property has to offer!

7A Esplanade West

6 Month AST £800pcm February 2025

7B Esplanade West

6 Month AST £700pcm October 2023

7C Esplanade West

6 Month AST £775pcm February 2025

More information

  • Tenure

    Freehold

  • Council tax band

    A

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Propertunity North East Ltd

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