Elmwood Street, Sunderland, SR2
Sunderland · SR2
£300,000Asking price
£39,480 paPassing rent
13.16%Gross yield
FreeholdTenure
Overview
A freehold building close to Sunderland city centre and the Metro (SR2), arranged as a ground-floor house share of three en-suite studio rooms with a shared kitchen, plus a one-bedroom flat on each of the first and second floors, with a utility and laundry room. All five lettings are occupied, producing £39,480 per annum gross, a gross yield of approximately 13.16% on the asking price. The landlord pays all bills, so each tenant makes a single monthly payment.
Investment highlights
- Freehold building let as five separate rents: three en-suite studio rooms and two one-bedroom flats
- Fully let at £3,290 a month, £39,480 per annum gross (approximately 13.16%)
- All-inclusive lets: landlord pays all bills, one monthly payment per tenant
- Renovated interiors: fitted kitchens, tiled en-suite shower rooms and fire detection throughout
- Utility and laundry room on site
- Building EPC rating C (69)
- Close to the Metro and Sunderland city centre
The numbers
| Asking price | £300,000 |
|---|---|
| Gross rent | £39,480 per annum (£3,290 pcm) |
| Gross yield | Approximately 13.16% |
| Tenure | Freehold |
| Lettings | 3 × en-suite rooms and 2 × one-bedroom flats |
| Occupancy | Fully let (rents as advised by the landlord, 12 Oct 2026) |
Rent schedule
| Ground floor, Room 1 (en-suite) | £610 pcm |
|---|---|
| Ground floor, Room 2 (en-suite) | £595 pcm |
| Ground floor, Room 3 (en-suite) | £610 pcm |
| First floor one-bedroom flat | £750 pcm |
| Second floor one-bedroom flat | £725 pcm |
| Total | £3,290 pcm / £39,480 pa |
