2-bedroom flat · SR2 7HF
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PLEASE SEND YOUR ENQUIRY VIA EMAIL AS WE CANNOT TAKE ENQUIRIES VIA TELEPHONE DUE TO THE HIGH VOLUMES OF INTEREST Exceptional 2 bedroom home with stunning period features and wood floors Property features: Beautiful 2 bedroom home with stunning period features and wood floors Fantastic location in Ashbrooke Large tiled bathroom New modern kitchen The basics: Location: This 2 bedroom Ground Floor Flat is located on The Grove, in Sunderland, Tyne And Wear.
Availability date:Immediately Rental value: Monthly Rental Of £750 Contract length: 12 months initial term, followed by monthly rolling contract Max occupancy: 2 adults, 1 dependant What’s inside this home: Bedrooms: 2 Bathrooms: 1 Lounges: 1 Un-Furnished Parking: Permit holders only, permits can be obtained via the council Costs and requirements:** **The following are Rent North East’s general requirements.
Please note that the landlord retains the right to change terms on a case by case basis if they feel this to be necessary. The first rent payment needs to be paid before you move into your property.
You will also need to pay a deposit to the value of 5 weeks rent, and you will need to provide a guarantor. The guarantor must be a UK property owner.
Your income should be at least 2.5 times the rental value (Monthly Rental Of £750 for this property), to enable you to pay for your rent and living costs comfortably.
Management type:Fully managed Arranging your viewing: PLEASE SEND YOUR ENQUIRY VIA EMAIL AS WE CANNOT TAKE ENQUIRIES VIA TELEPHONE DUE TO THE HIGH VOLUMES OF INTEREST
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Grove, Sunderland
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