Sunderland, SR1 1LN | Investment Property for Sale | VES-SR1-055

Newly converted 7-unit investment property block for sale in Sunderland generating a gross rental yield of 6%


7-unit block




Based on

deposit: £125,000

stamp duty: £15,000

mortgage fees: £1,500

conveyancing fees: £7,000






The block













Property information

  • Spread over 4 floors

  • 7 newly converted apartments, comprising of:

    • 3 x 1-bed
    • 4 x studios
  • All EPCs are available upon request

Rental breakdown

  • Apartment 1 - £425 pcm - 1-bed apartment - Let since 12/12/2019

  • Apartment 2 - £325 pcm - Studio apartment - Let since 17/10/2019

  • Apartment 3 - £395 pcm - Studio apartment - Let since 28/02/2020

  • Apartment 4 - £375 pcm - Studio apartment - Let since 07/12/2019

  • Apartment 5 - £495 pcm - 1-bed apartment - Let since 23/10/2019

  • Apartment 6 - £395 pcm - Studio apartment - Vacant

  • Apartment 7 - £470 pcm - 1-bed apartment - Let since 19/11/2019

  • Total achieved rent pcm - £2,485

  • Total achieved rent pa - £29,820

Once fully let:

  • Expected monthly rent - £2,880
  • Expected annual rent - £34,560
  • Expected gross yield - 6.9%


  • Nov - 19: Occupancy 71.43% / Gross Rental Income £1,725
  • Dec - 19: Occupancy 82.14% / Gross Rental Income £2,150
  • Jan - 20 : Occupancy 92.86% / Gross Rental Income £2,575


Please note that Vesta has not visited this property and that all material has been provided by the vendor.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Sunderland

Sunderland is a city in the north east of England located on the east coast. It lies around 15 miles south-east of Newcastle upon Tyne and roughly 14 miles north of Durham.

The A19 runs north-to-south along the western edge of the city, joins up with the M1 motorway to Edinburgh north of Newcastle and south through Teesside. The A1231 starts in the city centre and runs to the A1 via Washington, connecting Sunderland with London via Doncaster, Peterborough and Cambridge.

Sunderland railway station operates both national rail services as well as metro services. There are 5 direct trains to London King’s Cross on weekdays taking around 3.5 hours. From Newcastle, a 30-minute metro ride away, regular services go to Edinburgh, Glasgow, Leeds, Manchester Piccadilly, Liverpool Lime Street and Birmingham.

The city boasts a number of attractions for visitors and locals alike, such as the 14th century Hylton Castle, the National Glass Centre, Sunderland Museum and Winter Gardens, as well as the beaches of Roker and Seaburn. For anyone interested in outdoor pursuits the Hadrian’s Wall Path starts in Wallsend, approx. 13 miles outside of Sunderland, and runs for 84 miles on the east coast to Bowness-on-Solway.

Being one of the UK’s competitive business locations Sunderland is home to a number of well-known companies such as Barclays, Nike, EDF Energy, BAE Systems, Nissan, Northern Rock (now part of Virgin Money UK) and Johnson Controls, to name a few.

Frederick Street,


Tyne and Wear,



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