House For Sale Frederick Street, Sunderland, SR1

£110,000

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Last Updated: 18th April 2024

Description

LOCATION
The subject property is located on the Rear of Frederick Street within Sunderland city
centre. Frederick Street is a popular and long established business location, a short
distance from the Sunniside Leisure Complex on High Street West. Sunniside is a mixed
use Leisure Complex which is considered one of the most popular locations for
entertainment and leisure in the city centre.

DESCRIPTION
Bradley Hall welcome to this exceptional three-storey detached dwelling located in the heart of
the Sunniside conservation area. This remarkable property, boasting Grade 2 listed
status, exudes character and offers an exciting opportunity for redevelopment
(subject to planning permission).
Previously utilized as a single dwelling with storage/warehouse space, this property
holds immense potential for transformation into a contemporary living space or
multiple residential units. Although planning permission for 3 x 1-bedroom
apartments was withdrawn previously, it underscores the viability of this remarkable
redevelopment opportunity. Whether you're an investor with an eye for potential or
someone seeking a unique residential project, this property offers the canvas for your
vision to come to life. Immerse yourself in the rich history and vibrant community of
Sunniside while exploring the endless possibilities this property presents.

ACCOMMODATION
Ground Floor – 39.2 sq. m (422 sq. ft)
First Floor – 37.69 sq. m (406 sq. ft)
Second Floor – 40.69 sq. m (438 sq. ft)

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £3,450 and the estimated rates
payable for the current year is £1,690.50. This is based on the standard Small Business
Rate of 49.9p in the pound, however, interested parties should confirm the current
position with the Local Authority.

EPC RATING
Awaiting EPC.

TERMS
Available by way of Freehold title at an Asking Price of £110,000 (One Hundred and
Ten Thousand Pounds).

VIEWING
For general enquiries and viewing arrangements please contact Michael McGhin on
michael. or
Agent Details
Bradley Hall Chartered Surveyors
26, New Elvet, Durham, DH1 3AL
Show Contact Number
0191 383 9999

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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