Property photos
Freehold
Guide price
£260,000
Property for sale
Derwent Street, Sunderland SR1EPC rating: D
Key Information
Tenure:
Freehold
Council tax band:
Commercial
Local area information
Property location
Nearby amenities
- Sunderland 0.2 miles
- St Anthony's Girls' Catholic Academy 0.3 miles
- Argyle House School 0.4 miles
- Seaham 5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sunderland to find out more about the local area.
Features and description
- Freehold
- Size: 341 sqmt / 3675 sqft
- City Centre Location
- 2023 RICS Valuation: £330,000
- Great condition throughout
- Great Development / Conversion Potential
This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £330,000, 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 full residential.
All three options will generate strong annual cash-flow.
The vendor is also open to selling each unit individually, subject to an agreement on
party-wall separation.
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.
Video Tour Available
Physical and Virtual Tour Available too
EPC: D
Price:
Guide Price: £260,000
Full Description
This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £330,000, 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 full residential.
All three options will generate strong annual cash-flow.
The vendor is also open to selling each unit individually, subject to an agreement on
party-wall separation.
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.
Video Tour Available
Physical and Virtual Tour Available too
EPC: D
Price:
Guide Price: £260,000
Important Info
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.
Property Portals
We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on , & .
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.
With a RICS valuation completed in July 2023 for £330,000, 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 full residential.
All three options will generate strong annual cash-flow.
The vendor is also open to selling each unit individually, subject to an agreement on
party-wall separation.
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.
Video Tour Available
Physical and Virtual Tour Available too
EPC: D
Price:
Guide Price: £260,000
Full Description
This is an ideal opportunity for an investor or developer.
With a RICS valuation completed in July 2023 for £330,000, 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 full residential.
All three options will generate strong annual cash-flow.
The vendor is also open to selling each unit individually, subject to an agreement on
party-wall separation.
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.
Video Tour Available
Physical and Virtual Tour Available too
EPC: D
Price:
Guide Price: £260,000
Important Info
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.
Property Portals
We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on , & .
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.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Stuart Edwards
View agent propertiesProperty descriptions and related information displayed on this page are marketing materials provided by - Stuart Edwards. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stuart Edwards for full details and further information.