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We are delighted to be appointed to market this excellent Investment opportunity set within this highly regarded Sunderland suburban area that is Ashbrooke.
Boasting 7 Bedrooms and set just behind the main Cricket club this three story Victorian terraced house is currently being used as a (HMO) House of Multiple Occupation and has a current valid licence from Sunderland Local Authority to undertake this kind of residential use, together with all of the requisite fire and safety regulatory fixtures such as hard wire smoke alarms in every room, self closing return doors on all rooms and relevant smoke alarms.
With an enviable price tag, this property is in excellent order with full double glazing throughout and large living front room and rear spacious fitted kitchen and various shower / bath rooms.
With a full current occupancy and a good cash flow, this property is a sound investment from day one and with a small investment in bathrooms and basic redecoration, this could see immediate rental increasing potential.
For those interested in converting this property back to a family home, then the stars are aligned given the minimal work required to do so as the structure of the property would require no alteration whatsoever.
With a small front garden, spacious rear private drive with shutter access and excellent schools and private nursery's close by, this property is an excellent choice for anyone wishing to reside in a splendid residential area in a house of sizeable, close to Sunderland City Centre with all major road links and public transportation out to Newcastle, Durham and beyond.
All enquiries to Lincoln Miles Estate Agents
North East Real Estate trading as Lincoln Miles Estate Agents is a Limited company registered with Companies House in England and Wales: 13703149 | VAT: 364 4437 87