Monday 28 March 2016

Sarah Beeny's Ugly 6 Bedroom + Land Development Opportunity

This is a bit of an unusual one for the developers courtesy of Sarah Beeny's Tepilo site

It's in the sought after area of Seaburn and is a really quite ugly 6 bedroom property (see below, it's no better on the inside!) ripe for converting into an HMO or flats with outline planning permission for a separate 3/4 bedroom house 


In addition to the 2nd plot there's plenty of land to extend or consider a further planning application for a 3rd building (apologies for the quality of the plots screengrab)


It's on at £850,000 and I wouldn't want to start thinking about what the return could be as there are so many permutations - you'll need to check this out and do the sums for yourself!



Click here for details http://www.rightmove.co.uk/property-for-sale/property-58278587.html then give Tepilo a call and ask to speak to Sarah...bet she doesn't take your call!

If you want to have a chat about the many options for this opportunity or any aspect of property investment in Sunderland then call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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