1-bedroom flat · SR5 1NW
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTMENT SALE - SOLD WITH THE TENANT IN SITU - CURRENT RENTAL - £725 PER MONTH - £8700 PER ANNUM - This neatly presented 1 bed top floor apartment is conveniently located on Newcastle Road providing access to Seaburn Metro Station, shops, amenities as well as excellent transport links.
The top floor apartment benefits from gas central heating, double glazing, contemporary decor, modern kitchen and bathroom and briefly comprises of: Entrance Hall, Open Plan Kitchen / Living Room, Bedroom and an En Suite Bathroom.
Externally there is courtyard parking to the front elevation. Viewing is highly recommended.
Investment Details - Tenancy Information - The property is currently let at a monthly rental of £725 per month, £8,700 per annum. Further details relating to the tenancy are available upon request.
Entrance Hall - Radiator, telephone door entry system.
Living Room/Kitchen - 6.21 max x 3.88 max (20'4" max x 12'8" max) - An open plan kitchen/living room having a double glazed window, radiator, t fall roof in part.
The kitchen has a range of floor and wall units, tiled splashback, sink and drainer with mixer tap, electric oven, electric hob with extractor over, tiled floor to the kitchen area, integrated fridge, freezer, plumbed for washer.
Bedroom - 3.30 x 3.44 (10'9" x 11'3") - T fall roof in part, radiator, storage cupboard, wardrobe, velux style window.
Bathroom - En suite bathroom having a white suite comprising of a low level WC, pedestal basin with mixer tap, bath with mixer tap and shower over and tiled splashback, t fall roof in part, reccessed spot lighting, extractor, velux style window.
Parking - One allocated parking space within the front courtyard. Council Tax - The Council Tax Band is Band A.
Tenure - We are advised by the Vendors that the property is held on a leasehold basis for a term of 125 years from and including 1 October 2012.
Any prospective purchaser should clarify this with their Solicitor
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
Agent & docs
FAQ
About Newcastle Road, Fulwell, Sunderland
Explore nearby
