We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom house · SR2 7ES
Listing removedListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to secure a high‐performing multi‐unit block in Sunderland’s city‐centre fringe delivering £39,840 gross annual income across six self‐contained 1‐bedroom flats.
This is a turnkey, income‐producing investment with strong rental demand, stable tenants, and excellent long‐term growth potential.
Property Overview • 6 x 1‐bedroom self‐contained flats • Fully let and income‐generating from day one • £500–£600 per flat pcm • Tenants pay all their own bills (except internet + some electric) • Video of internal standard available upon request • Strong rental location close to Sunderland city centre, transport links and amenities Additional Notes • The top flat has a long‐term Council tenant • This unit has not been recently renovated at the tenant’s request • All other units presented to a good, lettable standard Why Investors Love This Block • High yield in a proven rental area • Low void risk due to strong demand for 1‐bed units • Ideal for hands‐off investors, portfolio builders, or those seeking reliable cashflow • Multi‐unit blocks offer excellent capital appreciation and easy management • Gross Income: £39,840 per annum • Fully occupied with established tenants This is a solid, income‐driven investment with long‐term stability Communal Entrance Hall With stairs to first floor Flat 1 (16'5" x 15'1") Open plan room with modern kitchen units, oven & hob, single drainer sink unit with mixer tap, en-suite with shower cubicle, low level w.c., hand basin with cupboard under Flat 2 (15' 1" X 13' 1") Open plan room with modern kitchen units, oven & hob, single drainer sink unit with mixer tap, en-suite with shower cubicle, low level w.c., hand basin with cupboard under Flat 3 (18' 8" x 11' 10") Open plan room with modern kitchen units, oven & hob, single drainer sink unit with mixer tap, en-suite with shower cubicle, low level w.c., hand basin with cupboard under First Floor Landing with doors to utility room Flat 4 (13' 9" x 12' 10") Open plan room with modern kitchen units, oven & hob, single drainer sink unit with mixer tap, en-suite with shower cubicle, low level w.c., hand basin with cupboard under Flat 5 (14' 1" x 13' 9") Open plan room with modern kitchen units, oven & hob, single drainer sink unit with mixer tap, en-suite with shower cubicle, low level w.c., hand basin with cupboard under Second Floor Door to top floor flat Flat 6 Bedroom (15' 1" x 7' 10") Bathroom (13' 7" x 7' 9") Modern bathroom suite Lounge (15' 5" x 9' 6") Kitchen (9' 6" x 6' 7") Range of wall and floor cupboards EPC Ratings First Floor Front Flat - C First Floor Rear Flat - C Second Floor Flat - C Flat One - C Flat Two - C Flat Three - C Disclaimer Identification Requirements In line with current anti-money laundering legislation, prospective purchasers will be required to provide proof of identity at a later stage.
We kindly ask for your cooperation to avoid any unnecessary delays in the transaction process.
General Note We aim to ensure that the property details provided are fair, clear and as accurate as possible. However, they are intended only as a general guide.
If there is any aspect that is particularly important to you, please get in touch with us for clarification-especially if you're planning to travel a significant distance to view the property Disclaimer Measurements All measurements given are intended for general guidance and should not be relied upon as exact.
Please verify any critical dimensions independently before making decisions based on them.
Services and Appliances We have not carried out tests on any of the services, systems, or appliances within the property.
Buyers are therefore strongly encouraged to arrange for their own inspections or reports before proceeding with an offer.
Disclaimer These particulars are provided in good faith but do not form part of any offer or contract. All information should be independently verified by the buyer or tenant.
Neither the selling agents nor their representatives have authority to make or imply any warranty or representation regarding the property
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
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 17, Azalea Terrace North, Sunderland
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