2-bedroom flat · SR8 4JA
Listing removedListed 44 days · slow let
Opportunity summary
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About
* WELL PRESENTED AND REDECORATED * JULIET BALCONY * CLOSE TO AMENITIES & ROAD LINKS * DOUBLE GLAZING & GAS CENTRAL HEATING * ALLOCATED & COMMUNAL PARKING * An attractive two bedroomed, spacious first floor apartment offered on an unfurnished basis.
Briefly comprises: entrance hall via entry system, spacious lounge with south westerly aspect and French doors to Juliet style balcony across open greenery.
Modern fitted kitchen with a range of units, built in gas hob, electric oven with extractor hood over. There are also two bedrooms with the master facing south westerly and having pleasant outlook.
The bathroom/wc has a white suite with over bath shower (nb. the bathroom shown is an example of another bathroom in the building, whilst this one is being updated).
Externally the property benefits from allocated and communal parking.
The property lies within easy reach of the A19 which interconnects with of the regions centres including Sunderland, Hartlepool and the Historic city of Durham.
The town centre offers an array of amenities and lies within reach of the highly acclaimed Shotton Hall Academy.
Council Tax Band - A Annual Cost - £1666.64 EPC Rating - B BOND £550 Required Earnings: Tenant Income - £23,400 Guarantor Income (If Required) - £23,400 Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains - metered Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Selective licencing area – Yes Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the landlord prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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