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Property investment in Hylton Road, Sunderland

Commercial shop & 3 apartments above

PROPERTY INVESTMENT INFORMATION
Purchase Price £180,000
Stamp Duty @ 3% £5,400
Refurbishment and fees £2,000
Total £187,400
RENTAL & RETURNS
Rent Value £26,820 pa / £2,235 pm
Gross Return 14.31%
Net Return £23,057 pa / 12.30%
YEARLY EXPENSES
Management Fee - 11% plus vat £3,513.42
Insurance £200
Gas Safety Certificate £50

DESCRIPTION OF INVESTMENT

We are proud to market this semi commercial property located on Hylton Road in Sunderland. On the ground floor we have a large commercial property currently rented out on a 3-year full repairing & insuring lease (FRI) for £730pcm Above the retail premises are 3 residential studio en-suite apartments, fully furnished & tenanted, returning a gross monthly income of £1565pcm The property is on a main route into Sunderland City Centre & is very close to Sunderland Royal Hospital, Sunderland University & all major transport links including the Metro. The property has recently undergone major refurbishment including new flooring, new kitchen, en-suite bathrooms, new decor & very modern hive, app controlled central heating system.

Investment Location Map

CALL TO DISCUSS THIS INVESTMENT OPPORTUNITY
TODAY ON 0191 435 3348 - 07968 240 786

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