We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deluxe studio investment with tenant in place until August 2027 Flat 0B1, Park Lane House | £135 per week rental income | EPC Rating C Looking to add a ready-let property to your portfolio?
This deluxe studio apartment in the popular Park Lane House development offers an opportunity to purchase a tenanted investment with rental income already in place.
Currently let at £135 per week, the property provides a total rental income of £6,904.21, with the existing tenancy running until August 2027.
This offers an incoming purchaser an established rental arrangement from day one, subject to the terms of the tenancy.
The studio features a well-presented living and sleeping area, with integrated storage and a dedicated workspace. A modern en-suite shower room completes the private accommodation.
Residents also benefit from access to communal facilities within the development, including a contemporary kitchen and dining area, social spaces and lobby areas.
These shared amenities provide additional convenience and appeal to the student and young professional rental market.
Park Lane House is conveniently located close to local amenities, transport links and educational establishments, making it a practical option for tenants looking to live within easy reach of everyday essentials.
Key investment features Deluxe studio apartment Located within Park Lane House Rental income of £135 per week Total rental income of £6,904.21 Tenancy in place until August 2027 EPC rating C Integrated storage and workspace Modern en-suite shower room Access to communal kitchen, dining and social areas Convenient location close to local amenities and transport links Established rental income An appealing opportunity for investors looking to expand their portfolio with a tenanted studio apartment in a well-located development.
Property Ownership Information Tenure Leasehold Council Tax Band Ask agent Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 19/11/2981 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About 27 Stockton Road, Sunderland
Explore nearby
