We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom terraced house · SR4 7DY
For saleReduced £6k (−10.9%) on 26 AugListed 390 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to offer to the market this versatile one-bedroom cottage, set in the sought-after Millfield area of Sunderland.
This charming property presents a fantastic opportunity for both first-time investors and those looking to expand their portfolio.
Location Benefits The property is ideally situated for convenient access to a wide range of local amenities, shopping facilities, and highly regarded educational institutions.
Its prime location also serves as an excellent base for commuting to Sunderland city centre and the wider North East region, thanks to comprehensive road networks and public transport links.
The Metro train station is only a short stroll away, ensuring ease of travel for residents.
Accommodation ( Please note, we have not internally inspected this property and internal images are reflective of a previous condition) - Entrance Hall: A welcoming space that sets the tone for the rest of the property.
- Living Room: Spacious and comfortable, with potential to be repurposed or adapted to suit your needs. - Open Plan Kitchen: Well appointed, offering flexibility for modern living arrangements.
- Bedroom: A well-proportioned double bedroom, perfect for relaxation. - Bathroom: Fitted with essential fixtures and amenities for convenience.
External Features To the rear of the property, there is a convenient yard area, suitable for outdoor storage or as a small seating area.
Versatile Layout This cottage offers excellent versatility, allowing the existing layout to be adapted according to your requirements.
The current living room can be repurposed, and the open plan kitchen and lounge configuration provides a flexible space ideal for modern lifestyles.
Investment Highlights - Tenant in Situ: The property is being sold with a reliable tenant already in place, ensuring immediate rental income.
- Desirable Location: Popular with tenants due to close proximity to transport links and amenities. - Ready-made Portfolio Addition: Perfect for new or established landlords.
Arrange a Viewing This ready-made investment is expected to attract significant interest. Early viewing is strongly recommended to avoid disappointment.
For further details or to arrange a viewing, please contact our Sunderland team. Council Tax Band: A Tenure: Freehold
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
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FAQ
About 2A, Houghton Street, Sunderland
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