Summary - 63, FAWCETT STREET SR1 1SE
1 bed 1 bath Residential Development
**Standout Features:**
- Prime city center location between two Sunderland University campuses
- Detailed planning consent for 44 student apartments with ground floor retail
- Self-contained one-bedroom studios with en suite bathrooms
- Communal spaces include a gym, lounge, meeting room, and laundry
- Decorative Victorian façade with heritage significance
**Potential Concerns:**
- Property may require significant renovation for full redevelopment
- Area has high crime rates and is classified as very deprived
- Broadband speeds are very slow, which could affect business operations
This prime development opportunity on Fawcett Street in Sunderland presents a unique chance to invest in a well-positioned property with approved plans for a 44-bed student apartment complex and retail units on the ground floor. The building features self-contained one-bedroom studios, each equipped with modern amenities, and offers attractive communal areas, making it ideal for the burgeoning student population.
Enjoy the benefits of being in Sunderland's vibrant city center, just moments from local amenities, shops, and transport links, including the nearby railway station with access to national destinations. While the property showcases charming Victorian architecture, potential investors should be aware of the necessary renovations that may be required and the area's current crime and deprivation rates. This is an exceptional opportunity to secure a footprint in a cosmopolitan locale, perfect for both residential and commercial interests, but interested buyers should act quickly, as opportunities like this are rare and may not be available for long.
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