Parker Buchanan is proud to present their latest exciting city center apartment scheme, located in the heart of Sunderland SR1 and moments walk from the central rail interchange and main shopping high street. Carefully converted from a Victorian terraced house, the development offers 6 studio apartments and a 1-bedroom apartment which range in size from 194 sqft to 313 sqft. The apartments are fitted to a high-quality contemporary specification.

Frederick Street offers studio apartments for just £55,000 and a 1-bedroom apartment for just £65,000 which will provide purchasers with a 10% NET rental return (excluding ground rent) and 3-year rental assurance.

The developers Priestley Homes specialize in conversions and have an excellent track record of delivering projects on time and to an exacting standard. Priestley Homes have a growing portfolio of conversion schemes ranging from small, luxury developments such as Stableford Hall, Manchester and Boyds Mill, Leeds to large residential apartment schemes with projects in the pipeline which will deliver 400+ new homes over the next two years. Other completed developments include Airedale House, The Grand Mill and Quebec Street in Bradford, Sartoria Court in Manchester and the Boat House in Liverpool. Priestley Homes are part of the successful PriestleyGroup which includes Priestley Construction who will be the principal contractor on the project. In-house expertise and a hands-on approach ensure rigorous attention to detail throughout the build process.

Property Features

  • Hugely experienced developer specialising in conversions
  • Located in the heart of Sunderland SR1
  • The development offers 6 studio apartments and a 1-bedroom apartment
  • Fitted to a high quality contemporary specification
  • Apartments available from just £55000
  • Net yields up to 9%