2-bedroom flat · SR2 7SW
For saleListed 510 days
Opportunity summary
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About
INVESTMENT SALE - SOLD WITH TENANT IN SITU - CURRENT PASSING RENT OF £650 PER MONTH - £7800 PER ANNUM - This 2 bedroom lower ground floor apartment situated in Kensington House on The Cedars in Ashbrooke offering a much sought after address boasting easy access to Sunderland City Centre, local shops, schools and amenities as well as regional transport links.
The living space briefly comprises of: Entrance Hall, Open Plan Kitchen / Living Room, 2 Bedrooms, Bathroom and En Suite. Externally there is courtyard parking. Viewing is essential.
Investment Sale - The property is being sold as an income producing investment at a passing rent of £650 per month, £7800 per annum, details of the tenancy agreement are available upon request.
Entrance Hall - Video door telephone entry system, wood strip floor, radiator, coving to ceiling Kitchen / Living Room - 5.15m x 5.10m - A lovely open plan room having two double glazed windows to the front elevation, wood strip floor, two radiators, walk in storage cupboard.
Kitchen / Living Room - The kitchen is fitted with a comprehensive range of floor and wall units, sink with mixer tap, electric oven, gas hob with extractor over, integrated fridge and freezer, recessed spot lighting, coving to ceiling Bathroom - Suite comprising low level wc, pedestal wash hand basin with mixer tap, bath with shower attachment, tiled walls, tiled floor, shaver point, chrome towel radiator, recessed spot lighting, extractor Bedroom One - 506.00m x 4.88m - The bedroom has a double glazed windows, two radiators, coving to ceiling En Suite - white suite comprising low level wc and wash hand basin set on storage/vanity unit, corner shower, chrome towel radiator double glazed window, tiled floor and walls recessed spot lighting, extractor Bedroom Two - 4.68m x 3.07m - Double glazed window, radiator, cupboard with wall mounted gas central heating boiler External / Parking - Externally there is courtyard parking.
Tenure - We are advised by the Vendors that the property is held on a long leasehold for a term of 125 years from 1st January 2007.
Any prospective purchaser should clarify this with their Solicitor Council Tax - The Council Tax Band is Band B
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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
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FAQ
About Kensington House, The Cedars, Ashbrooke, Sunderland
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