2-bedroom terraced house · NE37 3AL
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular residential area of Sulgrave, this well-presented two-bedroom flat at 17 Johnson Terrace, NE37 3AL offers comfortable, low-maintenance living, making it an excellent choice for professionals or a professional couple.
The property comprises a lounge, a fitted kitchen, two well-proportioned bedrooms, and a modern bathroom. Externally, there is a rear yard providing useful outdoor space.
Conveniently situated close to local amenities, public transport links, and major road networks, the property offers easy access to Washington, Sunderland, and surrounding areas, making it ideal for commuters.
Early viewing is highly recommended.
ENTRANCE HALL Double glazed entrance door leading to master bedroom , storage cupboard and living room LIVING ROOM 13' 7" x 12' 1" (4.16m x 3.70m) Double glazed window to rear, television point , radiator KITCHEN Painted walls, fitted wall and base units, work surfaces, single drainer sink, integrated gas oven and hob, extractor hood, space for washing machine, chrome towel rail, double glazed window to rear, boiler housed in wall unit and door leading to bathroom and rear yard.
BATHROOM Panelled walls, white three piece suite comprising of a panelled bath, pedestal wash hand basin, low level WC, and double glazed window to side.
MASTER BEDROOM Double glazed window to front and radiator BEDROOM Double glazed window to rear and radiator YARD Yard to rear with gated access
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
Agent & docs
FAQ
About 17, Johnson Terrace, Sulgrave, Washington
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