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See how verdicts work2-bedroom flat · SR1 1EA
For saleListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA ONLINE AUCTION: terms and conditions apply.
Link to bid: auction.bradleyhall.co.uk/lot/details/179660 Norfolk Street is situated within the heart of Sunderland city centre, forming part of the highly regarded Sunniside Conservation Area.
Sunniside is a mixed-use location well known for its blend of leisure, professional and residential occupiers, making it one of the most sought-after areas within the city centre.
The property is ideally positioned close to a wide range of city centre amenities, public transport services and nearby public car parking, providing excellent accessibility for occupiers, clients and visitors alike.
DESCRIPTION The property comprises a substantial and characterful period building offering mixed-use accommodation arranged over four floors.
The building has previously been utilised as a wellness therapy centre on the ground floor, with a boutique gym located within the lower ground floor.
The upper floors comprise a self contained one-two bedroom maisonette, providing additional income potential or on-site accommodation for an owner occupier.
This may also present a title split opportunity for a savy investor.
Throughout, the property benefits from generously proportioned, light filled rooms, enhanced by high ceilings and attractive period features including bay windows.
Accommodation has been tastefully modernised and well maintained, making it suitable for immediate occupation.
The layout offers a high degree of flexability and would lend itself to a variety of alternative uses, subject to any necessary consents.
Positioned close to key transport links, city centre amenities, and public parking, the property is easily accessible for both clients and staff.
Overall, this is an exceptional opportunity to secure a characterful and well maintained property in a highly sought-after central location. Services: Mains gas, electric and water.
Freehold | EPC C & D | Council Tax A | Located in Sunniside Conservation Area | Interested parties should confirm the current rating position with the local authority.
In accordance with Anti-Money Laundering Regulations, the purchaser will be required to provide two forms of identification and proof of the source of funds.
Each party will be responsible for their own legal costs. All prices quoted are exclusive of VAT. All offers are made to Bradley Hall on this basis and, where silent, will be deemed net of VAT.
For further information or to arrange a viewing, please contact the Bradley Hall Auctions
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Norfolk Street, Sunderland, SR1
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