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See how verdicts work1-bedroom flat · SR2 7JZ
Listing removedListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 double bedroom first floor apartment - conversion within beautiful building - one of the best locations in city - allocated parking + visitor parking - well presented & ready to move into - walking distance to city centre - no chain ...
Good Life Homes are delighted to bring to the market a terrific opportunity to acquire a one double bedroom apartment within a prestigious ashbrooke location just a short walk from the city centre and transport links.
At an entry level price for a well presented apartment, this would make a perfect base or second home.
Briefly comprising; private grounds to the front including allocated and visitor parking, well maintained entrance hall and beautiful staircase leading to the apartment door.
The apartment comprises a large open plan lounge/kitchen with lovely front facing leafy views, a very large double bedroom and a bathroom.
The apartment is leasehold and subject to a service charge more information on which can be provided.
The current rental assessment on a well presented one bedroom apartment within this location would be £600 to £650pcm. Viewing arrangements can be made by can be made by contacting our local office.
If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance.
Our fixed price selling fees start from just £1195 + vat on a no sale no fee basis which means you won’t pay us anything unless we sell your home!
Call us and find out why so many people across Sunderland now choose Good Life to sell their home.
Introduction 1 double bedroom first floor apartment - conversion within beautiful building - one of the best locations in city - allocated parking + visitor parking - well presented & ready to move into - walking distance to city centre - no chain ...
Entrance Hall Entrance via door leading into flat. Radiator, consumer unit, 3 doors leading off, 1 to batroom, 1 to bedroom 1 and 1 to lounge kitchen.
Bathroom (2.79m x 1.37m (9'2 x 4'6)) Tile flooring, chrome towel heater style radiator, sink with single pedestal and chrome tap, bath with chrome taps and showerhead attachment with shower rail and curtain over, toilet with low level cistern.
The walls are completed in their entirety in a pleasant ceramic tile. Extractor fan. Recessed lights to ceiling.
Bedroom 1 (5.00m x 4.47m (16'5 x 14'8)) The room is L shaped and measurements taken at widest points. Large doble bedroom.
Carpet flooring, radiator, front facing single-glazed wooden framed sash window with pleasant views. Built in cupboard housing modern combi boiler.
Ample space to accommodate a double bed plus additional dressing area/wardrobe space. Lounge Kitchen (6.05m x 5.11m (19'10 x 16'9)) Measurments taken at widest points.
A lovely open space designated into a lounge/dining area and a small but well organised kitchen area.
The lounge area comprises carpet flooring, double radiator, wooden framed single-glazed sash windows with lovely views over Thornhill park.
The kitchen comprises a range of wall and floor units, stainless steel sink with bowl and a half, single drainer and matching monobloc tap, space and plumbing for a washing machine, integrated electric oven, 4 ring gas hob and extractor chimney in stainless steel finish, integrated fridge/freezer.
Laminate wood-effect flooring.
General This 1-bedroom apartment is well presented and previously been let out at £650pcm and we believe still has a gas and electric certificate in date, making it a ready to go buy to let investment but would a lovely starter home or “pied à terre”
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
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FAQ
About 3e, Thornhill Park, Sunderland
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