2-bedroom flat · SR2 0DY
Under offerReduced £5k (−10%) on 26 JunListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious ground floor, purpose built, two bedroom apartment with garage in a separate block.
Internally the property is a little cosmetically tired but any works considered necessary could be undertaken over a gradual timeframe.
The accommodation comprises: Communal entrance, hall, living room, separate kitchen, two double bedrooms, bathroom and toilet and externally a separate garage in a battery block.
Modern features include electric heating, double glazing, electric shower fitting and kitchen hob/oven.
The property is close to local shops and amenities and represents an excellent home or investment.
Property Information Tenure - Leasehold Lease - 125 years from 25/12/2007 Service charge 2026: £920 per annum Ground rent 2026: £115 per annum 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 A Communal Entrance Accessed via an entrance phone, leading to a private entrance. Hallway With laminate flooring, spot lighting and cloak cupboard.
Living Room 5.15m x 3.15m (16' 11" x 10' 4") approximately Into stretch windows maximising natural light, with space for longer and dining, also featuring laminated flooring and decorative electric fire.
An open arch leads through to Kitchen 2.42m x 2.15m (7' 11" x 7' 1") approximately Fitted with a range of white high gloss units to wall and base with laminated work surfaces over, incorporating an electric hob, oven, filter hood and drainage sink.
Other features include tiled splash backs, laminated floor, space for appliances and window.
Bedroom One 3.04m x 3.23m (10' 0" x 10' 7") approximately A well proportioned double bedroom with integrated wardrobe, laminate floor and shelving.
Bedroom Two 3.80m x 2.43m (12' 6" x 8' 0") approximately A well proportioned double bedroom with integrated wardrobes and laminate floor.
Bathroom & Toilet Fitted with a white three piece suit with toilet, sink and bath with electric shower over.
Other benefits include a chrome heated towel rail, floor and wall tiling and toiletry store. Garage Located in a separate block with up and over door.
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
FAQ
About 59, Edgmond Court, Sunderland
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