Summary - 9 CRESSWELL TERRACE SUNDERLAND SR2 7ER
3 bed 3 bath Terraced
**Standout Features:**
- **Investment Opportunity:** Fully let with a rental income of £1,950/month (£23,400/year).
- **Three Self-Contained Flats:** Ideal for rental in a thriving student and professional area.
- **Victorian Charm:** Characterful three-story terraced property with high ceilings and period features.
- **Prime Location:** Close to Sunderland City Centre, shops, bars, and public transport links.
- **Freehold Tenure:** A property benefit for long-term ownership.
- **Garden Space:** Modest front garden and likely a yard at the rear.
**Potential Concerns:**
- **Chain Free:** Quick sale opportunity but requires serious inquiries.
- **High Crime Rate Area:** Prospective buyers should consider personal safety and investment viability.
- **EPC Ratings:** Varying energy efficiency ratings (D for Flat 1, C for Flat 2, Flat 3 TBC).
This impressive Victorian terraced property on Cresswell Terrace presents a lucrative investment opportunity in a desirable area near Sunderland City Centre. Comprising three self-contained flats that are fully let, this property generates a substantial monthly income of £1,950—perfect for investors looking for a steady cash flow in a bustling cosmopolitan neighborhood. With its high ceilings and charming period features, each flat offers comfortable living spaces, fully equipped kitchens, and well-appointed bathrooms.
Conveniently located, the property provides swift access to vibrant local amenities, public transport, and educational institutions, making it an attractive option for both students and young professionals. While it's crucial to note the area’s higher crime rate, the potential for future value appreciation combined with its freehold status makes this an appealing proposition. Don't miss this opportunity for a solid investment—viewing is highly recommended, as properties with this rental yield at this price point are rare and in high demand!
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