Investment opportunity alert! This shop and flat for sale on Southwick Road in Sunderland is a tenanted investment property, perfect for those looking to add to their portfolio. Situated close to the Stadium of Light, this property is in a prime location with easy access to local shops and amenities.
The property features a commercial unit on the ground floor and a 2 bedroom flat which is totally independent on the first floor along with a spacious back yard. The flat produces £700pcm rent and the shop produces £550pcm for a combined rent from this property being £1,250pcm, £15,000 per annum. Please note the photographs provided for the shop are for reference. Located in the SR5 postcode area, this property is conveniently positioned for those looking to be close to the action in Sunderland. Whether you're a football fan heading to a match at the Stadium of Light or simply looking to explore the local shops and eateries, this property offers the best of both worlds.
Don't miss out on this fantastic opportunity - contact us today to arrange a viewing and see the potential this property has to offer.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Spire Property Group & Consultants - Sunderland. Placebuzz 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 Spire Property Group & Consultants - Sunderland for full details and further information.