1-bedroom flat · SR6 9DG
Sold STCReduced £4k (−2.8%) on 23 MayListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This neatly presented 1 bed ground floor apartment is situated in the highly regarded Station Apartments on Sea Road in Fulwell.
The apartment must be viewed to be appreciated and offers an open-plan kitchen / living room, modern bathroom suite and will not fail to impress all who viewed.
Externally there are communal gardens and an allocated parking space.
Station Apartments is located on Station / Sea Road with immediate access to cafes, salons, pharmacies, bars, supermarkets, etc, all within a 5-minute walk.
Located less than 100m from the Seaburn metro station, as well as numerous bus links, the site is ideal for both commuters in addition to Seaburn sea front, its beautiful beaches and thriving night life are all within walking distance.
Viewing is advised to fully appreciate the space, location and apartment on offer.
Entrance Hall - The entrance hall has recessed spot lighting, wall mounted electric panel heater, two storage cupboards.
Living Room / Kitchen - 7.12 max x 3.00 max (23'4" max x 9'10" max) - An open plan kitchen / living room having double glazed French doors to the front elevation, recessed spot lighting.
The kitchen has a range of floor and wall units, granite worktops with matching splash backs, electric hob with extractor over, stainless steel sink and mixer tap, electric oven, integrated fridge, freezer, dishwasher and microwave.
Bedroom - 3.75 max x 2.73 max (12'3" max x 8'11" max) - Large double glazed window to the front elevation, wall mounted electric panel heater.
Bathroom - Modern white suite comprising of a wall hung low level WC, wall hung wash hand basin with mixer tap, recessed spot lighting, extractor, electric chrome towel radiator, bath with mixer tap and a rainfall style shower head with.
an additional shower attachment. Parking - One allocated parking space. Council Tax - The Council Tax Band is Band B.
Tenure - We are advised by the Vendors that the property is held on a Leasehold basis for a term of 250 years from 13th July 2022. Any prospective purchaser should clarify this with their Solicitor
Value & comps
No previous sales on record.
Returns
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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 Station Road, Fulwell, Sunderland
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