Grange Crescent, Sunderland, Tyne and Wear, SR2 7BN

Situated in a well established residential location, this substantial multi unit investment property on Grange Crescent presents an excellent opportunity for investors seeking strong rental yield and diversified income streams. The accommodation is arranged over four levels and offers a mix of self contained apartments and high demand en suite rooms, making it ideally suited to professional tenants and long term rental occupancy.

The property has been thoughtfully configured to maximise rental potential while offering flexible living arrangements throughout. With a combination of private self contained accommodation and shared living facilities, the property is well positioned to appeal to a broad tenant demographic.

Basement Level

The basement comprises two generously proportioned en suite letting rooms, both benefiting from private shower facilities. Residents on this level have access to well maintained shared kitchen facilities, creating practical and comfortable accommodation for tenants.

Ground Floor

The ground floor offers a self contained studio apartment featuring an open plan living and sleeping area alongside its own kitchen and bathroom facilities. In addition, there is a further en suite letting room, providing additional rental accommodation with private bathroom facilities.

First Floor

Occupying the first floor is a spacious self contained on bedroom apartment comprising a separate bedroom, living area, fitted kitchen, and bathroom. Also located on this level is an additional en suite room, further enhancing the property’s multiple income opportunities.

Second Floor

The second floor hosts a further self-contained one bedroom apartment, offering well balanced accommodation with independent living facilities including a separate bedroom, kitchen, living space, and bathroom.

Investment Potential

This fully income producing property provides a rare opportunity to acquire a ready made investment with a varied unit mix and strong rental appeal. The layout lends itself to continued high occupancy levels, while the combination of self contained apartments and en suite rooms allows for multiple revenue streams within a single asset.

Early viewing is highly recommended to fully appreciate the scale, flexibility, and investment potential this property has to offer.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SUN260318/2

Main

Entrance Hall

Basement Flat

Lounge 4.2m x 4.5m

Kitchen Diner 4.85m x 2.16m

Bedroom One 3.15m x 4.6m

En Suite 0.9m x 2.34m

Bedroom 3.15m x 2.5m

En Suite 0.64m x 1.7m

Agent Note Basement which is a 2 bedroom apartment £1050 pcm however this has been split into 2x en-suite bedrooms with shared kitchen and sitting room and £700 per room

Studio Flat 1

Openplan living Area 4.4m x 5.72m

En Suite 1.04m x 2.5m

Agent Note Currently Receive £675 PCM

Room 2

Bedroom 3.12m x 4.65m

Ensuite 1.1m x 2.54m

Room 3

Bedroom 3.23m x 4.62m

En Suite 1.04m x 2.67m

Agent Note Rooms 2 & 3 both ensuite and have shared kitchen facilities and hoping to achieve £625 PCM

Apartmnet One

Open Plan Living Area 3.25m x 4.72m

Shower Room 1.04m x 3.02m

Bedroom 3.35m x 2.6m

Agent Note Currently Let at £920 PCM

Apartment Two

Openplan Living Area 4.47m x 6.32m

Bedroom 4.55m x 4.93m

Shower Room 2.72m x 1.27m

Agent note Rented currently at £900 PCM

AGENT NOTE The Owner currently Pays all utility bills as they are included for tenants current LL pays Gas and electric currently £550 pcm Council tax is a combined total of £493 for all units per month Broadband £45 pcm Currently the property is not at full Capacity. If property is at full capacity the rental yield will be approximate 13% based on historic rental income.