Azalea Terrace North, Sunderland, SR2

Overview

A freehold block of six self-contained units (five studios and a one-bedroom flat) in Sunderland’s Ashbrooke (SR2), with a landlord-advised rent roll of £39,660 per annum, a gross yield of approximately 12.79% on the asking price. The block sits on a single freehold title in an established residential area.

Investment highlights

• Freehold block of six self-contained units (five studios and a one-bedroom flat)
• Rent roll £39,660 p.a. as advised by the landlord (approximately 12.79% gross)
• Single freehold title
• Established residential area (Ashbrooke, SR2)
• Clean, hands-off holding

Location & demand

Ashbrooke, Sunderland’s established Victorian suburb immediately south of the city centre, is where Azalea Terrace North stands. It is a conservation area of tree-lined terraces and converted period blocks, within walking distance of Mowbray Park and the University of Sunderland’s City Campus.

Single professionals and university staff supply steady studio and one-bed demand as a result. The block’s landlord-advised rent roll is £39,660 per annum, a gross yield of approximately 12.79%, and it sits on a single freehold title in an established residential part of SR2 — a clean, hands-off holding where an investor takes on six settled tenancies rather than a project.

The numbers

Asking price	£310,000
Gross rent	£39,660 per annum
Gross yield	Approximately 12.79%
Tenure	Freehold — single title
Units	5 × studios and 1 × one-bedroom flat
Occupancy	Rent roll as advised by the landlord (24 Sep 2026); Flat 2 new tenant due to move in on 26 October 2026