3-bedroom flat · SR1 2AT
To rentReduced £45 (−5.7%) on 9 OctListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to present this beautifully upgraded, three-bedroom first-floor apartment located within a highly sought-after riverside development in Sunderland city centre.
Having undergone a comprehensive refurbishment throughout, this modern home blends sophisticated contemporary style with ultimate everyday convenience.
It sits just a short walk from Sunderland City Centre, putting local shops, daily amenities, and excellent public transport links right on your doorstep.
The property features exceptionally versatile living spaces, highlighted by a bright, open-plan kitchen and dining area.
The kitchen comes fully equipped with a brand-new fridge/freezer and a new washer/dryer. Adjacent to this is a wonderfully spacious lounge, perfect for relaxing or entertaining guests.
The primary bedroom serves as a comfortable retreat, benefiting from its own private en-suite shower room.
The second and third bedrooms offer adaptable spaces, making them ideal for guest rooms, children's bedrooms, or a dedicated home office setup.
A separate, clean family bathroom fitted with a classic three-piece white suite completes the accommodation.
Positioned inside a well-maintained block, residents enjoy peace of mind via a secure telephone entry system, alongside the convenience of lift and stair access to all floors.
Early viewings are highly recommended to fully appreciate the size, finish, and prime location of this apartment.
Please contact our Sunderland team to arrange you viewing Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: C Deposit: 1,032.69
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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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
About 78 River View, Low Street, Sunderland
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