Immediate rental income in a riverside student neighbourhood with auction sale terms.
Three bedrooms with ensuite and family bathroom
This three-bedroom terraced townhouse on River View presents a clear rental-income opportunity in Sunderland’s riverside quarter. Currently let at £750 per month, the property offers immediate cash flow and a practical, low-maintenance modern build suited to landlord portfolios or buy-to-let investors.
The layout includes a living room, kitchen/diner, three bedrooms, an ensuite and a bathroom across multiple storeys, totaling about 1,188 sq ft. The building is leasehold with approximately 104 years remaining; annual costs include a service charge of £1,510 and ground rent of £317, which should be factored into yield calculations. Broadband and mobile signal are strong, supporting tenant demand.
Important considerations: the area is classified as very deprived with very high crime levels, which will affect tenant profiles, rental demand and long-term capital growth. The property will be sold at auction — bidders must review the legal pack and confirm tenure details and any liabilities before bidding. Block viewings are available; purchasers should check tenancy terms and vacant-possession potential if intending owner-occupation or refurbishment.
Overall, this is a practical, turn-key investment with immediate income and manageable upkeep, but one that requires caution regarding location risk, lease length, and service charges. Investors seeking steady rental returns in a student and riverside market will find this a straightforward opportunity provided they carry out the usual due diligence.
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