2-bedroom flat · SR6 0AD
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish converted riverside, two bedroom apartment on the banks of the river Wear, only a 5-7 minutes’ walk down the riverside to the St Peters University site ideal for University employees and students alike.
Local transport links are offered by bus, road and the nearby St Peters metro station. A 12 -15 minute walk offers a pleasant stroll over the Wearmouth bridge and into the city centre.
Internally this stylish apartment has a full range of modern specifications, lift access and allocated parking for one car in an onsite covered car park.
Viewing is considered essential The property is presently tenanted at £830 pcm so is available to buy as an initial buy to let investment.
Property Information Tenure - Leasehold Lease - 125 years from 19/03/2007 Service Charge 01/04/2026 - 31/03/2027 - £2583.29 Ground Rent 2026 - £200 Please note these are the most recent figures we have & are subject to change.
These charges are correct to the best of our knowledge. Prospective purchasers should clarify this information with their solicitor prior to exchange of contracts.
Council Tax Band E Communal Entrance With lift and stairs. Open Plan Living Room 8.75m x 4.88m (28' 8" x 16' 0") approximately Ideal for lounge and dining, enjoying river views.
Kitchen 3.09m x 2.55m (10' 2" x 8' 4") approximately With range of fitted units and appliances. Utility With washing machine and dryer.
Bedroom One 3.40m x 4.82m (11' 2" x 15' 10") approximately An excellent double bedroom into: En-Suite With oversized shower and rainforest fitting, toilet and sink.
Bedroom Two 3m x 4.27m (9' 10" x 14' 0") approximately An excellent double bedroom. Bathroom With bath, shower, sink and toilet. Parking With fob access to one allocated space onsite.
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
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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 16 Bonners Raff, Chandlers Road, Sunderland
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