Development land for sale - 61-63 Fawcett Street, Sunderland

The property is located to the western side of Fawcett Street and comprises three interconnected terraces which were built in the 19th Century. The property benefits from having detailed planning permission for a 44x bed student accommodation development, which shall comprise ground floor retail, which was granted in January 2025 under planning reference: 23/00393/FUL. All units will be provided as self-contained one bed studios, incorporating an en suite shower, areas for study, relaxing, storage, cooking and eating. The average unit size of the apartments will be 29 sq. m. (312 sq. ft.). Separate first, second and third floor communal breakout areas will also be provided, which will comprise a dining room, meeting room, TV lounge, gym and a games room, together with a laundry room and a bike store. The ground floor retail demise will be repurposed to provide three separate lettable units, extending to 125 sq. m. (1,345 sq. ft.), 140 sq. m. (1,506 sq. ft.) and160 sq. m. (1,722 sq. ft.) respectively. The front elevation of the property benefits from having ornate Dutch gabled façades and decorative masonry lintels to the upper parts. The property is 3.5 storey in height, is of red brick construction and has a fully glazed shop front at ground floor level, which spans all three terraces. At the rear on Station Street, the buildings are a variety of heights and design. Internally the property comprises a ground floor retail unit with ancillary storage space and office rooms to the upper parts.