5 bed terraced house for sale

Elmwood Street, Sunderland SR2

A standout opportunity to acquire a fully refurbished, high‐spec multi‐unit block in a strong Sunderland rental location. Completed in 2023 this property delivers exceptional presentation, strong tenant demand, and impressive income.

This is a turnkey, income‐producing asset with minimal overheads and no HMO licence required confirmed by Sunderland City Council.

• Fully refurbished in 2023 to a high, modern standard

• 1 large 3‐bedroom flat, all rooms ensuite with in‐room drinks stations

• No HMO licence required

• 2 x high‐end 1‐bedroom flats

• Gross rent exceeding £40,000 per year

• Only bills paid are for the 3‐bedroom flat - excellent net yield potential

• Floor plan available

Income Breakdown

• Flat 1 (3‐bed ensuite) – £610 + £710 + £610

• Flat 2 (1‐bed) – £750

• Flat 3 (1‐bed) – £725

Total: £40,000+ per annum

A rare chance to secure a fully let, high‐spec block with strong, predictable income and low management friction. The combination of ensuite rooms, premium finishes, and modern layouts ensures consistent demand and minimal voids.

Properties refurbished to this standard and with this level of income are extremely limited in the Sunderland market

Ground Floor - Flat 1

Bedroom 1

With ensuite

Bedroom 2

With ensuite

Bedroom 3

With ensuite

Kitchen

First Floor - Flat 2

Utility Room

Bedroom 1

Kitchen/Diner

Bathroom

Second Floor - Flat 2

Kitchen/Diner

Bedroom

Bathroom

Disclaimer

Measurements

All measurements given are intended for general guidance and should not be relied upon as exact. Please verify any critical dimensions independently before making decisions based on them.

Services and Appliances

We have not carried out tests on any of the services, systems, or appliances within the property. Buyers are therefore strongly encouraged to arrange for their own inspections or reports before proceeding with an offer.

Disclaimer

These particulars are provided in good faith but do not form part of any offer or contract. All information should be independently verified by the buyer or tenant. Neither the selling agents nor their representatives have authority to make or imply any warranty or representation regarding the property

Disclaimer

Identification Requirements

In line with current anti-money laundering legislation, prospective purchasers will be required to provide proof of identity at a later stage. We kindly ask for your cooperation to avoid any unnecessary delays in the transaction process.

General Note

We aim to ensure that the property details provided are fair, clear and as accurate as possible. However, they are intended only as a general guide. If there is any aspect that is particularly important to you, please get in touch with us for clarification-especially if you're planning to travel a significant distance to view the property