Mercer View, Sunderland

Overview

A family-sized home in a growing suburb

Mercer View is a four-bedroom semi-detached house in Sunderland, suited to family occupation and identified as a strong match for a regional housing association's requirements.

Property type: semi-detached house. Bedrooms: four. Current use: social housing letting.

Why this opportunity was selected

A direct match against a partner's requirement

The property was identified through our sourcing process shortly after a housing association partner outlined a requirement for family-sized accommodation in the area. Ownership research confirmed the property was held by a single-director company with a limited residential portfolio.

Acquisition story

A quick, off-market transaction

Our team approached the director directly following verification. The transaction proceeded quickly given the property was not publicly marketed, completing within five weeks of first contact.

Original condition

Vacant and in need of modernisation

The property was vacant at the point of acquisition, with an outdated kitchen and bathroom, older windows, and a garden requiring clearance.

Refurbishment and improvement work

Modernised to family letting standard

Works included a new kitchen and bathroom, replacement windows, full redecoration, garden clearance and landscaping, and safety certification throughout.

Social housing use & occupancy

Let to a regional housing association

The property is let to a regional housing association on a long-term management agreement, supporting family accommodation in the local area.

Occupancy status: fully occupied. Housing provider status: active, long-term agreement in place.

Investment timeline

Key milestones

Local area information

Sunderland, Tyne and Wear

The property is located in a family-oriented residential suburb, with good access to schools and local services, within a local authority area with an identified need for family-sized social housing stock.

Area map