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 firstname.lastname@example.org