Foyle Street, Sunderland

Positioned within the heart of Sunderland's sought-after Sunniside Quarter, this impressive four-storey Grade II Listed property presents a rare opportunity to acquire a characterful mixed-residential investment in an area benefiting from significant ongoing regeneration and substantial future investment.

The property comprises a self-contained, income-producing basement apartment currently let to a long-term tenant, together with a spacious and beautifully presented three-bedroom maisonette occupying the upper floors, offering immediate owner/occupier appeal, additional rental potential, or flexibility for multi-generational living.

Offering generous accommodation across four levels and benefitting from private off street parking, this handsome period building combines character features, strong income credentials and future growth potential in one of Sunderland city centre's most exciting emerging locations.

The upper accommodation is currently vacant and ready for occupation, allowing purchasers the flexibility to move straight in, let immediately, or explore higher-yielding opportunities subject to any necessary consents.

Accommodation

• Income-producing self-contained basement apartment

• Spacious three-bedroom maisonette arranged over three upper floors

• Four-storey Grade II Listed building

• Private off road parking

• Separate access arrangements

• Character features and generous room proportions

• Freehold title

Location & Growth Potential

Foyle Street lies within Sunderland's historic Sunniside district, an area undergoing extensive transformation through public and private sector investment aimed at creating a vibrant residential, leisure and cultural quarter.

The property is ideally placed for Sunderland Station, the city centre, university campuses, restaurants, bars, theatre and leisure facilities. Ongoing investment and redevelopment nearby continue to strengthen the long-term appeal of the area, making this an increasingly attractive proposition for investors and owner-occupiers seeking future capital growth alongside immediate usability.

Investment Potential

The combination of a tenanted apartment and vacant upper accommodation provides multiple strategies for future owners:

• Continue as a dual-income investment

• Occupy the maisonette while retaining rental income from the basement apartment

• Reconfigure or enhance income streams subject to relevant permissions

• Explore long-term asset appreciation within a major regeneration area

Properties offering this degree of flexibility, character and location advantage are rarely available within Sunderland city centre.

The vendor has advised of the potential rents

USE ESTIMATED MONTHLY RENT

Basement apartment £450 (actual value)

Standard 3-bed maisonette let £950 - £1,050

High-spec professional let £1,000 - £1,200

4-bed HMO (subject to compliance) £1,400 - £1,900

Serviced accommodation Higher but variable