6-bedroom terraced house · SR2 7BS
Sold STCListed 258 days
Opportunity summary
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About
INVESTMENT SALE - 4 SELF CONTAINED FLATS PRODUCING - £32,700 PER ANNUM - The property is located on Argyle Square and comprises of a mid terraced property split into 4 self contained flats.
Argyle Square offers a convenient location for easy access to Sunderland City Centre, local shops, amenities and good transport links.
Internally the property briefly comprises of: Flat 1, Flat 2, Flat 3, Flat 4. Externally there is a front forecourt and a rear yard.
Full details in relation to the tenancy details and rents are available upon request. Tenancy Details - It has been advised that the following rents are payable for the property.
FLAT 1: £675 per month FLAT 2: £600 per month FLAT 3: £ £750 per month FLAT 4: £700 per month Total Per month £2725 per month, £32,700 per annum Full details in relation to the tenancy details are available upon request, the rents were advised by the landlord and correct at the time of listing.
Prospective purchasers should make their own investigations in this regard as the rent can sometimes change. Communal Entrance Hall - Cupboard Flat 1 - Inner Hall - Leading to the living room/kitchen.
Living Room/Kitchen - 5.43 max x 547 max (17'9" max x 1794'7" max) - Open plan kitchen/living room, radiator, the the kitchen has a range of floor and wall units, stainless steel sink and drainer with mixer tap, electric oven, electric hob, extractor over.
Bedroom - 4.81 x 2.98 (15'9" x 9'9") - Rear facing, radiator, cupboard with wall mounted gas central heating boiler.
Bathroom - White suite comprising of a low level WC, pedestal basin with tiled splashback, bath with shower over, radiator.
Flat 2 - Studio Flat - Open plan kitchen/living room/ bedroom Bathroom - Flat 3 - Inner Hall - Leading to the living room.
Living Room - 4.77 max x 4.39 max (15'7" max x 14'4" max) - Front facing, 2 windows, radiator. Bedroom 2 - 3.32 max x 2.24 max (10'10" max x 7'4" max) - Front facing, radiator, storage cupboard.
Bedroom 1 - 4.62 x 2.63 (15'1" x 8'7") - Rear facing, radiator, 2 storage cupboards.
Kitchen - 1.85 x 3.15 (6'0" x 10'4") - Range of floor and wall units, stainless steel sink and drainer, electric oven, electric hob.
Bathroom - Suite comprising of a low level WC, pedestal basin, bath. Flat 4 - Living Room - 4.60 max x 4.24 max (15'1" max x 13'10" max) - Velux style window, t fall roof in part, radiator.
Kitchen - 1.89 x 2.27 (6'2" x 7'5") - Range of floor and wall un its, electric oven, electric hob, radiator. Bathroom - Suite comprising of a low level WC, basin, bath, chrome towel radiator.
Bedroom - 4.12 x 3.41 (13'6" x 11'2") - Rear facing, radiator, t fall roof in part, velux style windows Bedroom - 2.81 x 2.91 (9'2" x 9'6") - Rear facing, radiator, t fall roof in part, velux style windows.
Externally - Externally there is a front forecourt and rear garden. Tenure - We are advised by the Vendors that the property is Freehold.
Any prospective purchaser should clarify this with their Solicitor Epc - EPC Ratings: Flat 1: D Flat 2: D Flat 3: C Flat 4: D Council Tax - The Council Tax Band is Band FLAT 1: A. FLAT 2: A. FLAT 3 A.
FLAT 4: A.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Argyle Square, Ashbrooke, Sunderland
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