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5 bed property for sale

£250,000 Offers over

Newcastle Road, Sunderland SR5

5 2 2
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Property features

  • Investment/Development Opportunity
  • Takeaway Restaurant With Commercial Kitchen
  • Store Room and Garage
  • Sold as Going Concern or Development
  • Five Bedroom Apartment
  • Two Reception Rooms and Kitchen
  • Total Floor area: Commercial: 127sqm Residential 201 sqm
  • Energy Efficiency Rating : Commercial C Residential D

Property description

This is a fantastic opportunity to acquire a substantial mixed use property on a corner plot in an excellent location an a busy thoroughfare. The property is currently mixed use with a Takeaway restaurant on the ground floor with a garage/storage area and a substantial 5 bedroom apartment on the upper floor. The property can be sold either as a going concern currently a Chinese Takeaway with an annual turnover of £156,000 (figures advised by vendors - we have not seen confirmation of this - buyers should make their own equiries. Further details available on request). Alternatively the property can be sold as an investment opportunity with loads of potential subject to the necessary consents.

The ground floor commercial accommodation comprises: Customer shop area with serving counter beyond. Fully fitted commercial Chinese style kitchen. Spacious store room with shelving and walk in freezer. At the rear there is a garage/ store room with door providing vehicular access. A rear access door to the property leads to a hall with a door and stairs leading to the residential accommodation next door. Also on the ground floor is a utility room and WC.

The first floor offer spacious accommodation including two good sized reception rooms a fitted kitchen/diner and three bedrooms. There is a bathroom also located on this floor. From the landing stairs lead up to the top floor where two further bedrooms will be found one with an en-suite shower and WC.

Planning: We are advised by the vendors that the ground floor has been granted A3 use but we have not seen proof of this and buyers should make their own enquiries of the planning department.

Area
Sunderland is a welcoming, bustling city set right on the coast and at the mouth of the River Wear. It boasts wide sandy beaches and acres of relaxing and invigorating green spaces. There are a wide choice of both primary and secondary schools and colleges within the city. Sunderland was built on the back of shipbuilding and heavy industry the docks still remain, with a number of high-class properties in this area. Sunderland has welcomed a number of hi-tech industries and financial institutions and even turning the vacant site of a coal-mine closed in the 90's into the impressive 48,000-seater Stadium of Light - home of Sunderland Athletic fc. Sunderland has a host of retail outlets to offer, with high-street names such as Debenhams, hmv and Gap in abundance within the city's 'Bridges' shopping centre - there are good transport systems including the local Metro system that covers the whole Tyne and Wear region. Culturally there are a choice of venues including Sunderland Empire Theatre, National Glass Centre and Sunderland Museum & Winter Gardens, while its underground music scene is considered one of the most vibrant in the UK.

Ground Floor Commercial

Shop Front Reception - 19' 8'' x 10' 4'' (6.00m x 3.14m)

Serving Counter - 19' 8'' x 5' 1'' (6.00m x 1.54m)

Commercial Kitchen - 23' 11'' x 15' 0'' (7.28m x 4.57m)

Store Room - 19' 8'' x 19' 8'' (6.00m x 6.00m)

Garage/Store - 17' 0'' x 16' 3'' (5.19m x 4.96m)

Rear Hall

Utility Room


WC


First Floor Residential Apartment

First Floor Landing

Living Room - 21' 7'' x 11' 11'' (6.58m x 3.63m)

Dining Room - 14' 11'' x 13' 6'' (4.54m x 4.12m)

Kitchen - 14' 11'' x 11' 1'' (4.54m x 3.37m)

Bedroom Three - 15' 9'' x 14' 11'' (4.79m x 4.54m)

Bedroom Four - 14' 11'' x 8' 11'' (4.54m x 2.71m)

Bedroom Five - 12' 8'' x 8' 2'' (3.87m x 2.50m)

Bathroom

Second Floor Landing

Master Bedroom - 14' 9'' x 14' 3'' (4.50m x 4.35m)

En-suite Shower Room

En-Suite WC

Bedroom Two - 23' 5'' x 11' 2'' (7.14m x 3.41m)


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £104,262 Sales 223 Current average value £102,509 (Zoopla Zed-Index) Value change -£3,251 ▼ -3.07%

Property value data/graphs for SR5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £191,705 £149 3.3 £181,947
Semi-detached £112,053 £139 2.8 £112,646
Terraced £80,307 £98 2.6 £77,163
Flats £65,398 £80 1.7 £49,399

Current asking prices in SR5

Average: £91,254
Avg. current asking prices in SR5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £57,500
(2)
£85,982
(28)
£105,174
(23)
£204,317
(3)
£279,950
(1)
Flats £40,556
(9)
£52,700
(5)
£95,000
(2)
- -
All £43,636
(11)
£80,939
(33)
£104,360
(25)
£204,317
(3)
£279,950
(1)

Current asking rents in SR5

Average: £430 pcm
Avg. current asking prices in SR5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £379 pcm
(2)
£492 pcm
(12)
£495 pcm
(7)
- £290 pcm
(1)
Flats £340 pcm
(9)
£399 pcm
(11)
£386 pcm
(2)
£1,040 pcm
(1)
-
All £347 pcm
(11)
£448 pcm
(23)
£471 pcm
(9)
£1,040 pcm
(1)
£290 pcm
(1)

Fun facts for SR5

Highest value in SR5
Highest value streets Zed-Index
Haversham Park £294,217
Wetherall Close £222,326
Charlton Road £220,470
Grange Park Avenue £212,351
Cairns Road £210,698
Highest turnover in SR5
Highest turnover streets Turnover
Honister Drive 37.5%
Shannon Close 36.8%
Bartram Street 36.4%
Baker Square 33.3%
Euston Court 33.3%

What Zoopla users think of Sunderland

Overall rating:

  • currently 4 stars
Very good - 77% (187 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Sunderland:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sunderland (1.4 miles)
  • Seaham (6.4 miles)
  • Heworth (6.9 miles)
  • Newcastle Airport (14.4 miles)
  • Durham Tees Valley Airport (28.8 miles)
  • Leeds Bradford International Airport (74.1 miles)
  • Newcastle International Ferry Terminal (5.3 miles)
  • South Shields Ferry Terminal (5.5 miles)
  • North Shields Ferry Terminal (5.9 miles)

Nearby schools

View all schools in Sunderland
  • Redby Academy (0.3 miles)
  • St Benet's Roman Catholic Voluntary Aided Primary School (0.3 miles)
  • Grange Park Primary School (0.4 miles)
  • Beacon of Light School (0.6 miles)
  • Education and Services for People with Autism (1.9 miles)
  • City of Sunderland College (2.4 miles)
  • Monkwearmouth Academy (0.9 miles)
  • Red House Academy (1.4 miles)
  • St Anthony's Girls' Catholic Academy (1.7 miles)
Note: Distances are straight line measurements

Local info for Sunderland

About the neighbours in SR5

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For more information about this property, please contact
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by House Hut, and do not constitute property particulars. Please contact House Hut for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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