Apartment for sale, 451 m²

Sunderland, Millfield

873.312 €

1.936 €/m²

Listed Sep 7, 2026

About this listing

*For sale via secure sale online bidding: terms and conditions apply.* Pattinson Estate Agents are delighted to welcome to the market this exceptional multi-unit residential investment portfolio located Millfield, Sunderland. An incredibly rare opportunity to acquire five neighbouring residential assets under common ownership, creating a secure, courtyard-style investment block. Comprising a mix of multi-bedroom residences and self-contained flats, the portfolio totals 21 units of accommodation. Property 1 - 5 bedroom house Property 2 - 3 self contained flats Property 3 - 5 bedroom house Property 4 - 3 self contained flats Property 5 - 5 bedroom house The portfolio offers an immediate income stream with 6 units currently let to tenants in situ, generating £3,090 per calendar month, presenting a massive asset-management upside to let the remaining 15 vacant units. Having recently undergone significant investment, including comprehensive compliance and electrical upgrades, the entire portfolio proudly boasts a consistent EPC Rating of C across all five properties. Situated in a highly accessible Sunderland location, this asset benefits from robust, year-round tenant demand driven by close proximity to Sunderland Royal Hospital, the University of Sunderland, and the vibrant city centre. This is a blue-chip addition for any serious investor looking to tap into a high-yielding, regeneration-led North East market. Key Investment Features Asset Management Potential: Scope for future reconfiguration, extension, or specialist supported-housing partnerships (STPP). Immediate Income Stream: 6 units currently occupied, producing £3,090 PCM (£37,080 per annum) out of the gate. Substantial Value-Add Potential: 15 vacant units remaining, offering an investor massive rental growth and immediate asset-management upside. Substantial 21-Unit Portfolio: Five distinct, neighbouring properties within a controlled courtyard environment. Turn-Key Compliance: Recent significant investment into upgraded electrical installations, fire detection, alarms, and emergency lighting. Excellent Energy Efficiency: All 5 properties achieve an EPC Rating of C, safeguarding against future legislative changes. Diverse Asset Mix: Comprises 3x large multi-bedroom properties and 6x self-contained 1-bedroom apartments. Premium Location: Minutes from major healthcare, university, employment, and transport (Metro) hubs. Location & Tenant Demand Sunderland continues to offer a compelling income profile with highly affordable entry points relative to the south of the UK, paired with a steadily rising private rental market. The Langton Close portfolio enjoys a highly resilient tenant base. It appeals directly to medical professionals and agency staff from the nearby Sunderland Royal Hospital, domestic and international students from the University of Sunderland, and commuters utilising the nearby Metro services and major road networks to Newcastle and Durham. Planning All 5 properties were previously licensed as 5-bedroom HMOs. However, due to Article 4 regulations, HMO licensing cannot be guaranteed for future use, and any retrospective planning permissions required will be the responsibility of the buyer. Please contact us directly to arrange a viewing Location This portfolio of properties is located on Langton Close, in Sunderland City Centre. It is located within close proximity to transport links and local amenities, with a 15 minute walk to the Bridges Shopping Centre and Sunderland centre. Accommodation 1 Langton Close: 5-bedroom layout, perfectly configured for professionals or students. Features a spacious communal kitchen and sociable shared lounge. 2 Langton Close: Subdivided into three self-contained 1-bedroom apartments, each complete with a private kitchen, bathroom, and living space. 3 Langton Close: 5-bedroom layout with a large shared kitchen and comfortable communal lounge, ideal for high-density rental income. 4 Langton Close: Subdivided into three self-contained 1-bedroom apartments, catering perfectly to working professionals and couples. 5 Langton Close: 5-bedroom layout boasting spacious communal areas and highly functional tenant living spaces. Tenure 1, Langton Close, Sunderland, SR4 7AS - TY419108 - Freehold 2, Langton Close, Sunderland, SR4 7AS - TY419058 - Leasehold 3, Langton Close, Sunderland, SR4 7AS - TY421402 - Leasehold 4, Langton Close, Sunderland, SR4 7AS - TY421405 - Leasehold 5, Langton Close, Sunderland, SR4 7AS - TY552946 - Leasehold EPC Available upon request. (1 rating C) (2 rating C) (3 rating C) (4 rating C) (5 rating C) Council Tax Council tax band B for all properties. Additional Information For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest. Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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