Summary - Mowbray Close, Ashbrooke, Sunderland, SR2 SR2 8JA
6 bed 3 bath Block of Apartments
Immediate income from long-term lets in a sought-after Sunderland suburb.
- Freehold: entire building under one title
- Three self-contained two-bedroom maisonettes (six beds total)
- Current combined rent £1,590 pcm (approx £19,080 pa)
- EPCs: D, C, D — energy improvements likely needed
- Council Tax Band C for each apartment
- Victorian features: bay windows, high ceilings, period character
- Located in Ashbrooke, close to city centre and transport
- Area classified very deprived; local crime levels high
A ready-made freehold investment in Ashbrooke: this small Victorian terraced block comprises three self-contained two-bedroom maisonettes, each with period features and high ceilings. Two flats are long-term let at £495pcm and one at £600pcm, producing a combined current income of £1,590pcm (circa £19,080pa). EPC ratings are D, C and D; Council Tax Band C applies to each flat.
The building’s period character and location close to Sunderland city centre and local transport make it attractive to constrained renters, students and professionals. Long-term tenants already in place reduce void risk and provide immediate income, while the freehold title keeps future control of the asset straightforward.
Buyers should note material negatives: the area is classified as very deprived and local crime levels are high, which may affect lettings and resale. EPCs are middling (two D ratings), and the block is modest in size (approximately 872 sq ft) so prospects for large rental uplifts or conversion are limited. Any purchaser should verify legal title and services, and inspect to confirm condition and maintenance needs.
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