This spacious terraced property in the desirable SR2 postcode of Sunderland presents a unique opportunity for renovation enthusiasts and investors alike. With ample interior space, this historic residence offers the potential to either fully restore its original character or adapt it for modern use. Previously utilized as a multi-occupancy dwelling, the layout allows for various configurations, making it ideal for those looking to maximize rental income.
Currently generating a steady monthly income of £700 from an existing tenant, this property not only promises an immediate return but also the potential for significant capital appreciation through thoughtful updates and improvements. The generous 5-bedroom, 2-reception room format, alongside 2 bathrooms, showcases both space and versatility, characteristic of architectural styles from its era.
What sets this property apart is its subject to a Sunderland Council Improvement Order, providing an actionable roadmap for renovations tailored to your vision. The location is further enhanced by its proximity to local amenities and excellent transport links which enhance both lifestyle appeal and investment value.
Whether you aim to bring back the building's traditional charm or execute a contemporary refurbishment, this property serves as a blank canvas full of potential in a continually sought-after area.