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See how verdicts work2-bedroom flat · SR1 1LE
For saleListed 578 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An elegant and spacious, converted, two bedroom, maisonette situated on one of central Sunderland’s most charming cobbled streets.
The location is in cosmopolitan Sunniside, which lies on the Eastern fridge of the city centre and offer close proximity to a range of leisure facilities such as restaurants, cafes, a multiplex cinema and the neighbouring leafy surroundings of both Sunniside and Mowbray park, both beautiful open spaces ideal for summer months.
Transport facilities are comprehensive with nearby Metro and mainline train station, a selection of local buses and the surrounding road network.
The property itself lies on raised ground and ground floors of this early Victorian terrace and offers both period character and well-proportioned accommodation throughout.
Modern features of the property include gas fired central heating run from a combination boiler, fitted kitchen with appliances and two washrooms which are ideal for families or tenants who share.
The property is presently tenanted and will be sold with the tenant in situ, It is therefore suitable for buy to let investors with the added benefit of the tenant already being in place with rent of £725pcm.
A superb property enjoying great space and excellent natural light, viewing essential.
Property Information Tenure - Leasehold Lease - 125 years from 27/03/2006 Service Charge 01/04/2024 - 31/03/2025 - £1977.15 Ground Rent 01/04/2024 - 31/03/2025 - £100 Please note these are the most recent figures we have & are subject to change.
These charges are correct to the best of our knowledge. Prospective purchasers should clarify this information with their solicitor prior to exchange of contracts.
Council Tax Band B Raised Ground Floor Entrance Double doors leading into Entrance Lobby With secondary door into Hallway With rear access, stairs to lower ground floor and access to main living areas.
Living Room 4.48m x 5.12m (14' 8" x 16' 10") approximately Overlooking the front cobbled street via large double windows maximising the natural light and with a predominantly west facing aspect enjoying super afternoon sunshine.
Including hardwood flooring, telephone point and spot lighting.
Dining Kitchen 4.45m x 4.38m (14' 7" x 14' 4") approximately With a rear aspect this large room offers excellent space for a large table ideal for day to day living and dining.
Fitted with a comprehensive range of units to wall and base with work surfaces over including a gas hob, oven, extractor and filter hood, larder fridge freezer, dish washer and washer dryer.
Other benefits include tiled splash backs and spot lighting. Lower Ground Floor Hall With a walk in store room and into bedroom and washroom accommodation.
Bedroom One (Rear) 4.16m x 4.38m (13' 8" x 14' 4") approximately An excellent double bedroom. En-Suite Shower Room & Toilet Fitted with a separate shower unit, sink and toilet.
Also including tiling to floor and walls, heated towel rail and extractor. Bedroom Two (Front) 4.22m x 2.83m (13' 10" x 9' 3") approximately With double windows, a second excellent double bedroom.
Bathroom & Toilet Fitted with the white three piece suit including a toilet, sink and panel bath with shower fitting and screen above.
Also including tiling to walls, laminate flooring, heated towel rail and extractor. Parking (Rear) An allocated space for one car, an off street open area.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 11, Foyle Street, Sunderland
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