Terraced house for sale in Olive Street, Sunderland SR1
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Size: 1339 sqft
- Ideal investment opportunity
- City Centre Location
- 2023 RICS Valuation: £115,000
- Strong condition throughout
- Freehold
Property description
This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £115,000, this has been priced for a quick sale.
The ideal buyer will either rent this as full commercial, convert into mixed residential-commercial tenure or convert into a HMO or residential accommodation block.
All three options will generate huge annual cash-flow with strong demand from commercial and residential tenants.
The property is conveniently located within Sunderland’s city centre and within a short walk to the bus station, train station, University and hospital.
With £500 million being invested into redeveloping Sunderland’s city centre this property will benefit from both strong capital appreciation and strong rental demand.
This property has been priced to sell to a smart investor who recognises value when they see it.
Physical and Virtual Tour Available too
EPC D
Full Description
This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £115,000, this has been priced for a quick sale.
The ideal buyer will either rent this as full commercial, convert into mixed residential-commercial tenure or convert into a HMO or residential accommodation block.
All three options will generate huge annual cash-flow with strong demand from commercial and residential tenants.
The property is conveniently located within Sunderland’s city centre and within a short walk to the bus station, train station, University and hospital.
With £500 million being invested into redeveloping Sunderland’s city centre this property will benefit from both strong capital appreciation and strong rental demand.
This property has been priced to sell to a smart investor who recognises value when they see it.
Physical and Virtual Tour Available too
EPC D
Epc.
EPC Rating - D
EPC Link -
Property Portals.
We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on , & .
Property Viewing.
Contact Stuart Edwards Estate Agents for an appointment to view.
Important Information.
Please note that all sizes have been measured with an electronic measure tape and are approximations only. Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves. We cannot vouch that any of the installations described in these particulars are in perfect working order. We present the details of this property in good faith and they were accurate at the time of which we inspected the property. Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
The Property Ombudsman.
Membership is held with The Property Ombudsman for sales and lettings.
Thanks.
Thank you for accessing these details. Should there be anything further we can assist with, please contact our office.
Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
Property info
For more information about this property, please contact
Stuart Edwards, DH1 on +44 191 392 0895 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stuart Edwards, and do not constitute property particulars. Please contact Stuart Edwards for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.