2-bedroom terraced house · NE38 0QW
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* TO BE SOLD WITH SITTING TENANT PAYING £675 PCM * WELL MAINTAINED * CUL DE SAC LOCATION * ENCLOSED GARDEN * DRIVEWAY PARKING * INVESTMENT OPPORTUNITY * Offered for sale with a sitting tenant currently paying £675 per calendar month, this well maintained home presents an ideal investment opportunity.
Occupying a pleasant cul de sac position within Ayton, Washington, the property offers practical accommodation together with enclosed outside space and driveway parking.
The floorplan comprises an entrance porch, comfortable lounge and a dining kitchen providing space for everyday living and dining. To the first floor there are two bedrooms and a bathroom.
Externally, the property benefits from an enclosed garden which leads through to a driveway, providing useful outside space and off-street parking.
Cairngorm Avenue is situated within Ayton, a popular residential area of Washington offering convenient access to a range of local shops, schools and everyday amenities.
The Galleries shopping centre, retail parks and leisure facilities are all within easy reach, while the area is particularly well placed for commuting via the A1(M), A19 and A1231, providing straightforward access to Sunderland, Newcastle, Durham and surrounding areas.
There are also nearby parks, walking routes and green spaces which further add to the appeal of the location.
Porch - Lounge - Dining Kitchen - First Floor - Bedroom - Bedroom - Bathroom - External - Externally, the property benefits from an enclosed garden which leads through to a driveway, providing useful outside space and off-street parking.
Agent's Notes - Council Tax: Sunderland, Band A Tenure: Freehold EPC - C Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – none known Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Other information: the property is to be sold with a sitting tenant Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
Value & comps
No previous sales on record.
Returns
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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.
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About Cairngorm Avenue, Ayton, Washington
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