Summary - Frederick Street, City Centre, Sunderland SR1 1LT
1 bed 1 bath Commercial Property
**Standout Features:**
- Three interlinked terraced properties
- Prime city center location on Frederick Street
- Four floors of versatile space with development potential
- Partially rented, offering immediate rental income
- Off-street parking available with electric roller shutter access
- Freehold tenure providing investment security
- Characteristic Georgian architecture with large sash windows
**Summary:**
This exceptional investment opportunity comprises three interlinked terraced properties in the bustling heart of Sunderland City Centre. Spanning four floors, this space is ideal for those looking to capitalize on the area's ongoing redevelopment trend, with good potential to convert from office use back to residential, subject to planning approval. Currently, parts of the property are rented, delivering immediate cash flow, while other sections remain vacant, providing flexibility for future development or customization.
The properties are conveniently located amidst a variety of professional services and niche retailers, ensuring high foot traffic and accessibility. With substantial off-street parking and a classic Georgian façade, these terraced properties are not just functional but also resonate with historical charm. While the area experiences high crime rates and other socioeconomic challenges, the prime location makes it a compelling opportunity for investors seeking to rejuvenate urban spaces. Given the property's potential and growing interest in the city centre, viewing is highly recommended, as opportunities like this may not last long. The asking price of £450,000 offers an attractive entry point into a thriving urban market.
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