Summary - 56 FREDERICK STREET SUNDERLAND SR1 1NF
1 bed 1 bath Office
Long-term income with on-site parking and development upside.
• Current income £22,400 pa
• Freehold, mixed commercial and residential use
• Two off‑street rear parking spaces
• Upper‑floor 1 bed, 1 bath apartment included
• Listed status — will restrict alterations and require consents
• Very high local crime and very deprived area
• Total approx 872 sq ft; sold at auction
• Constructed c.1900–1929; likely needs conservation repairs
A city-centre mixed-use freehold producing a current income of £22,400 per year, offered at auction. The property combines lower‑floor commercial offices with a one‑bed residential apartment above and two off‑street parking spaces to the rear, creating immediate rental income and diversification.
Buyers should note the property’s listed status, which will restrict alterations and may complicate refurbishment plans and consent timelines. The building dates from c.1900–1929 and will likely need conservation‑style repairs and sensitive upgrading to meet modern standards; cavity walls are uninsulated and glazing details are incomplete.
Location provides strong access to city amenities and transport, but the site sits in a very deprived area with very high recorded crime — factors that affect tenant mix, insurance costs and long‑term asset management. Broadband speeds are average; mobile signal is excellent.
This opportunity suits investors looking for an income‑producing city asset with short‑term yield and medium‑term potential through careful, consented refurbishment. Selling at auction, the purchase offers a clear, quick transfer but requires buyers to allow for listed‑building constraints and local area challenges.
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