Derwent Street, Sunderland Terraced house for sale

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Derwent Street, Sunderland Terraced house for sale

Derwent Street, Sunderland
£249,950

Price History

Initial price £260,000
15/03/25 £249,950
Price Change -3.87%

Description

This property is an ideal opportunity for an investor or developer, with a RICS valuation of £330,000 and a guide price of £260,000. The property is located in Sunderland's city centre, within walking distance to the bus station, train station, university, and hospital, and is expected to benefit from £500 million of investment in the area. The property can be rented as full commercial, converted into mixed residential-commercial tenure, or converted into full residential, all of which would generate strong annual cash flow. The vendor is open to selling each unit individually, subject to agreement on party-wall separation. With a D-rated EPC, the property is priced to sell to a smart investor who recognizes value.