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See how verdicts work2-bedroom flat · SR2 7AB
Sold STCListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom First Floor Flat on the Outskirts of Sunderland City Centre - NO UPPER CHAIN.
Derby Street is ideally located for seamless access into the City Centre, and nearby amenities including the University of Sunderland, Sunderland Royal Hospital, highly-rated restaurants, cafés and eateries, theatre and social spaces.
A range of frequent bus services offer transport throughout the region, as well as both University and Park Lane Metro stations just a short stroll away, and major road links nearby.
The well-proportioned internal accommodation briefly comprises:- Communal entrance with stairs to first floor, entrance hallway, generous rear bedroom, lounge with electric fire, front bedroom, well-fitted kitchen, and a bathroom.
Externally, there is a shared rear yard. The property is partly double-glazed. Properties in this area are extremely sought-after, and early viewing is essential to avoid missing out.
COMMUNAL ENTRANCE Hardwood communal entrance door into hallway, stairs to first floor. ENTRANCE HALLWAY Hardwood door into hallway, single glazed window.
REAR BEDROOM 3.8m (12'6) x 3.96m (13') Single glazed window, radiator. LOUNGE 3.94m (12'11) x 3.96m (13') Single glazed window, radiator, electric fire.
FRONT BEDROOM 2.62m (8'7) x 2.14m (7'0) Single glazed window, radiator.
KITCHEN 3.49m (11'5) x 2.9m (9'6) Single glazed window, radiator, base and wall units, electric oven, electric hob with extractor hood, one and a half bowl stainless steel sink with mixer tap, combi boiler.
REAR LOBBY Hardwood door to the stairs leading to rear yard. BATHROOM 2m (6'7) x 2m (6'7) Double glazed window, panelled bath with shower over and shower screen, low level w/c, wash basin, radiator.
EXTERNALLY Front forecourt, and a shared rear yard. Tenure We have been informed the property is Leasehold with a term of 999 years from 1st April 2006.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease.
They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 13 Mbps and a maximum download speed of 1000 Mbps at this postcode: SR2 7AB and mobile coverage is provided by EE, Three, O2 and Vodafone.
*The checker results are predictions and should not be regarded as guaranteed.
Council Tax The GOV.UK website states the property is Council Tax Band: A The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Money Laundering Regulations Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash.
You'll also need to provide us with full chain details including agents and solicitors down the chain.
To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place.
All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose.
We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale.
If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable. EPC Rating: C
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
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