Summary - Derwent Street, Sunderland SR1 3NU
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime city center location on Derwent Street, Sunderland
- Generous size of 3,675 sq. ft.
- Recently valued at £330,000 (RICS, July 2023); guide price of £260,000
- Excellent condition, ideal for immediate use or investment
- Development or conversion potential into residential or mixed-use
- Flexible sale options, including possibility to sell units individually
- Strong rental demand backed by significant redevelopment investment in the area
**Summary:**
This commercial property on Derwent Street, Sunderland, offers an exceptional investment opportunity in a high-demand urban setting. A spacious 3,675 sq. ft. layout provides ample room for a variety of ventures—a full commercial rental, a mixed residential-commercial space, or a complete residential conversion are all viable options, each promising solid annual returns. The property is in excellent condition, ready for occupation, and has been attractively priced at £260,000, below its recent RICS valuation of £330,000, ensuring a compelling proposition for savvy investors.
Located at the heart of Sunderland, just a short walk from essential amenities like the bus and train stations, university, and hospital, this property benefits from outstanding foot traffic and visibility. Given the ongoing £500 million investment in the city's redevelopment, now is the perfect time to capitalize on future capital appreciation and robust rental demand. Don’t miss this unique chance to secure a versatile property in a thriving locale—explore the potential today through available virtual and physical tours. Act quickly; opportunities like this are fleeting.
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