Summary - Whitehall Terrace, Sunderland SR4 SR4 7SR
5 bed 2 bath Terraced
Ready-made HMO income close to hospital and transport links.
- Five-bedroom terraced HMO producing £1,018.68 pcm
- Sold via Modern Method of Auction, 56-day reservation completion
- Non-refundable reservation fee 4.5% (min £6,600) payable by buyer
- Secure five-year lease in place (income continuity)
- Two bathrooms, communal lounge and kitchen, rear yard
- Slow broadband speeds and higher local crime levels
- Small plot; some updating or refurbishment likely beneficial
A five-bedroom terraced HMO in Whitehall Terrace, currently producing £1,018.68 pcm under a secure five-year lease. The layout includes two ground-floor bedrooms, a communal lounge and kitchen with rear garden access, and three first-floor bedrooms with two bathrooms — arranged for straightforward multi-occupancy management. Double glazing and gas central heating support tenant comfort.
The property is offered for sale by auction using the Modern Method of Auction. The sale requires completion within a 56-day reservation period and payment of a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600). A Buyer Information Pack (fee £349) must be reviewed before bidding; optional third-party services may be offered at additional cost (up to £450).
Location is a practical strength: close to Sunderland Royal Hospital, transport links and local amenities, and surrounded by several Good-rated primary and secondary schools. The building’s Edwardian character and high ceilings give period appeal, while the existing HMO use delivers immediate rental income and letting history.
Considerations for buyers: broadband speeds are slow and the area records higher crime levels, which may affect tenant profiles and management costs. The plot and garden are small and some internal updating or targeted refurbishment could increase capital value and rents. Investors should review tenancy details, lease terms, and auction conditions with their lender before bidding.
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