stamp duty: £15,000
mortgage fees: £1,500
conveyancing fees: £7,000
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
Spread over 4 floors
7 newly converted apartments, comprising of:
All EPCs are available upon request
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:
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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.
Tyne and Wear,
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