Property photos
Leasehold
£180,000
(£371.61/sq. ft)
Retail premises for sale
Hylton Road, Sunderland SR41 bath
1 reception
484 sq. ft
Local area information
Property location
Nearby amenities
- St Anthony's Girls' Catholic Academy 0.5 miles
- Beacon of Light School 0.5 miles
- Sunderland 0.5 miles
- Seaham 5.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sunderland to find out more about the local area.
Features and description
- Leasehold
Hylton Road, SR4 7AA
Investment Opportunity - Ground Floor Retail Unit with Residential Accommodation
We are delighted to present this versatile property located at 36 Hylton Road, SR4 7AA, offering an excellent investment opportunity with strong rental income and potential for increased yields.
Ground Floor.
Retail Unit: Currently let as a cake shop at £550 per calendar month (pcm). The tenancy commenced on 1st May 2024, providing a reliable income stream.
Separate Entrance: To upper level.
Upper Floors:
-Maisonette:
-First Floor: This level includes a fully-equipped kitchen, a boiler cupboard, and two en-suite bedrooms. These bedrooms are currently rented out at £460 pcm each, with the potential to increase the rent to £500 pcm each.
-Second Floor: The uppermost level houses a spacious en-suite bedroom, presently let at £495 pcm with the opportunity to raise the rent to £525 pcm.
Financials:
- Current Annual Rental Income:
- Retail Unit: £6,600
- Two First Floor Bedrooms: £11,040
- Second Floor Bedroom: £5,940
- **Total: £23,580**
- Potential Annual Rental Income Increase:
- Retail Unit: £6,600
- Two First Floor Bedrooms: £12,000
- Second Floor Bedroom: £6,300
- Total: £24,900
Investment Return:
- Current Yield: With the current annual income of £23,580, the property offers an impressive yield of 13.1% based on an asking price of £180,000.
- Potential Yield: If the rents are increased to the potential levels, the annual income could rise to £24,900, resulting in an enhanced yield of 13.8%.
Additional Information:
- Tenure: Freehold
- EPC Rating: Available upon request
- Council Tax Band: Information available upon request
- Legal Costs: Each party to be responsible for their own legal costs incurred in the transaction
Consumer Protection from Unfair Trading Regulations 2008:
All descriptions, dimensions, reference to condition, necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Anti-Money Laundering Regulations:
In accordance with the Anti-Money Laundering Regulations, we are required to verify the identity of the purchaser.
Conclusion:
36 Hylton Road is an exceptional property combining commercial and residential rental opportunities. With established tenants, the potential for rental growth, and a prime location, this property is perfect for investors seeking a reliable and profitable investment.
For further details or to arrange a viewing, please contact us at your earliest convenience. Don't miss out on this fantastic investment opportunity!
Yossi Freundlich
*Please note that these particulars are intended only as a guide and must not be relied upon as statements of fact.*
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Investment Opportunity - Ground Floor Retail Unit with Residential Accommodation
We are delighted to present this versatile property located at 36 Hylton Road, SR4 7AA, offering an excellent investment opportunity with strong rental income and potential for increased yields.
Ground Floor.
Retail Unit: Currently let as a cake shop at £550 per calendar month (pcm). The tenancy commenced on 1st May 2024, providing a reliable income stream.
Separate Entrance: To upper level.
Upper Floors:
-Maisonette:
-First Floor: This level includes a fully-equipped kitchen, a boiler cupboard, and two en-suite bedrooms. These bedrooms are currently rented out at £460 pcm each, with the potential to increase the rent to £500 pcm each.
-Second Floor: The uppermost level houses a spacious en-suite bedroom, presently let at £495 pcm with the opportunity to raise the rent to £525 pcm.
Financials:
- Current Annual Rental Income:
- Retail Unit: £6,600
- Two First Floor Bedrooms: £11,040
- Second Floor Bedroom: £5,940
- **Total: £23,580**
- Potential Annual Rental Income Increase:
- Retail Unit: £6,600
- Two First Floor Bedrooms: £12,000
- Second Floor Bedroom: £6,300
- Total: £24,900
Investment Return:
- Current Yield: With the current annual income of £23,580, the property offers an impressive yield of 13.1% based on an asking price of £180,000.
- Potential Yield: If the rents are increased to the potential levels, the annual income could rise to £24,900, resulting in an enhanced yield of 13.8%.
Additional Information:
- Tenure: Freehold
- EPC Rating: Available upon request
- Council Tax Band: Information available upon request
- Legal Costs: Each party to be responsible for their own legal costs incurred in the transaction
Consumer Protection from Unfair Trading Regulations 2008:
All descriptions, dimensions, reference to condition, necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Anti-Money Laundering Regulations:
In accordance with the Anti-Money Laundering Regulations, we are required to verify the identity of the purchaser.
Conclusion:
36 Hylton Road is an exceptional property combining commercial and residential rental opportunities. With established tenants, the potential for rental growth, and a prime location, this property is perfect for investors seeking a reliable and profitable investment.
For further details or to arrange a viewing, please contact us at your earliest convenience. Don't miss out on this fantastic investment opportunity!
Yossi Freundlich
*Please note that these particulars are intended only as a guide and must not be relied upon as statements of fact.*
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
More information
Listed by
Lightning Estates
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Property descriptions and related information displayed on this page are marketing materials provided by - Lightning Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lightning Estates for full details and further information.