1-bedroom house · SR2 8HG
No longer listedReduced £45 (−3.2%) on 19 JunListed 228 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a conservation area close to Sunderland city centre, Herriot Gardens offers 59 stylish one-bedroom retirement apartments exclusively for the over 60s.
Each home is thoughtfully designed to combine comfort, practicality and ease of living, with energy-efficient features throughout.
Residents benefit from a secure environment with 24/7 emergency call systems, TV entry cameras, integrated fire and intruder alerts, ultra-efficient heating and an on-site House Manager available during office hours.
Apartment 15 is a bright, south-facing one-bedroom apartment on the first floor at the sought-after Herriot Gardens development in Sunderland.
Measuring 635 sq ft, it features a Juliet balcony, a light and spacious living room with Sky Q connection, and a fully fitted kitchen with waist-height oven.
The contemporary shower room includes a low-profile walk-in shower, low-slip flooring and a comfort-height WC for added ease.
Council tax band: New build - Council Tax band to be determined Reservation deposit: £500 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security deposit: £1,616 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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 Gray Road, Sunderland, County Durham, SR2 8HG
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