Summary - FLAT 3, 3, ARGYLE SQUARE SR2 7BS
4 bed 3 bath Terraced
Freehold three-flat terrace — immediate rental income opportunity in Sunderland.
Three self-contained flats within an end-terrace freehold
An end-terrace converted into three self-contained flats, this freehold property on Argyle Square is set for an investor seeking immediate rental income and straightforward management. Current advised rents total £2,050 pcm with full-let potential of £2,075 pcm (c. £24,900 pa), and one flat is currently vacant and being marketed. EPC ratings are mixed: one D and two C — adequate for now but worth noting for future compliance or improvement costs.
The flats feature generous room sizes, high ceilings and period character that appeals to tenants, especially students and young families. The building includes a front forecourt and rear yard for bin storage and external access. Proximity to Sunderland city centre, transport links and local amenities supports steady rental demand.
Important negatives are factual: the area records very high crime and high deprivation indices, and the plot is small with limited external amenity. At least one unit is currently vacant, and EPCs indicate some energy upgrade scope. Prospective buyers should confirm tenancy agreements, current rents and service liabilities — rents stated were advised by the landlord and require independent verification.
This is a straightforward buy-to-let package for an investor comfortable managing multiple tenancies and addressing any minor energy or cosmetic upgrades. Full legal title, tenancy packs and up-to-date rent schedules should be obtained before exchange.
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