3-bedroom semi-detached house · SR4 6AJ
Sold STCListed 406 days
Opportunity summary
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About
*** This can be bought as a 25% share of ownership ***additional rental charge will then be due of £105.98p payable weekly*** Pattinson estate agents are pleased to offer this delightful three-bedroom, semi-detached family home situated in the sought-after Pallion Park area of Sunderland.
Offered as either 100% ownership, or a 25% shared ownership at £24,950, with vacant possession.
It presents an excellent and affordable opportunity for first-time buyers and families wishing to relocate.
Key Features • Potential of 25% share of ownership, with a weekly rental charge of £105.98 payable to the majority (75%) shareholder • Vacant possession – ready to move in • Spacious living areas and well-appointed kitchen • Three bedrooms, including a generous second-floor room • Office/nursery room, ideal for flexible family needs • Large private lawned gardens to both rear and side • Allocated car parking space • Excellent access to Sunderland centre and the North East region via road and public transport • Proximity to local amenities, shopping, and reputable education facilities Accommodation Details • Ground Floor: Welcoming entrance hall, well-appointed kitchen, large living area, downstairs W/C • First Floor: Two generous bedrooms, office/nursery room, and family bathroom • Second Floor: Spacious additional bedroom Shared Ownership and Rental Terms • If purchasers decide to take 25% of the property, the remaining 75% will be held by a majority shareholder • Weekly rental charge: £105.98, payable to the majority shareholder in this instance • New owners must then meet certain criteria and be approved by the majority shareholder, who will assess affordability Suitability This property is ideally suited for: • First-time buyers, and those seeking a cost-effective route onto the property ladder • Families looking for flexible living space and access to good schools and amenities Additional Information Please note that the property would benefit from some decorative improvements, allowing new owners to add their personal touch.
For further details or to arrange a viewing, please contact the Sunderland team at Pattinson estate agents.
Council Tax Band: B Tenure: Share Of Leasehold Length of Lease: 107 Annual Service Charge Amount: £5,510.00 Service Charge Review Period: Yearly Shared Ownership Percentage: 25 Living Room Kitchen Bedroom 1 Bedroom 2 Bedroom 3 Nursery/office Family Bathroom Downstairs W/C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Moorland Square, Pallion, Sunderland, Tyne and Wear, SR4 6AJ
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