2-bedroom flat · SR2 9HZ
Sold STCListed 234 days
Opportunity summary
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About
2 DOUBLE BED FIRST FLOOR APARTMENT - GREAT VALUE COMPARED TO NEW (SAVING £50,000) - EN SUITE & FITTED WARDROBES TO PRINCIPAL BEDROOM - BALCONY LEADING OFF SPACIOUS LOUNGE - FITTED DINING KITCHEN WITH INTEGRATED APPLIANCES - PARKING TO FRONT - WAS £159,800 WHEN NEW 22 YEARS AGO … Good Life Homes are delighted to bring to the market an excellent opportunity to acquire one of the higher grade apartments on the desirable Aylesford Mews development.
There were two quality brackets of apartments built by Bellway on this development and this block was the higher quality costing around £20,000 to £25,000 more than the standard apartments.
This particular apartment was £159,800 when newly built in 2004 so the current listing price represents a very heavy discount of almost £50,000 !
Briefly comprising; parking to front, well presented entrance hall with secure entry, door into apartment, entrance hall, lovely lounge with two sets of doors leading out to balcony, dining kitchen with integrated appliances, bathroom, double bedroom, master bedroom with fitted wardrobes and en suite leading off.
Representing a great buy, viewing arrangements can be made by contacting our local office.
If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance.
Our fixed price selling fees start from just £1195 + vat on a no sale no fee basis which means you won’t pay us anything unless we sell your home!
Call us and find out why so many people across Sunderland now choose Good Life to sell their home.
Introduction - 2 DOUBLE BED FIRST FLOOR APARTMENT - GREAT VALUE COMPARED TO NEW (SAVING £50,000) - EN SUITE & FITTED WARDROBES TO PRINCIPAL BEDROOM - BALCONY LEADING OFF SPACIOUS LOUNGE - FITTED DINING KITCHEN WITH INTEGRATED APPLIANCES - PARKING TO FRONT - WAS £159,800 WHEN NEW 22 YEARS AGO … Entrance Vestibule - Entrance via stylish front door.
Door leading into entrance hall. Entrance Hall - Carpet flooring, 2 good size built in cupboards providing useful storage.
Double doors leading off to lounge, door leading off to dining kitchen, door leading off to bathroom, 2 doors leading off to bedrooms.
Wall mounted central heater controls, wall mounted entry phone and radiator. Lounge - 4.78m x 4.11m (15'8 x 13'6) - Lovely size lounge.
Carpet flooring, 2 double radiators, 2 sets of uPVC double-glazed doors leading out onto spacious balcony.
Dining Kitchen - 3.58m x 3.05m (11'9 x 10'0) - Vinyl flooring, double radiator, white uPVC double-glazed window, fitted kitchen with a full range of wall and floor units in a light wood-effect finish with contrasting laminate work surface.
Circular sink with matching drainer and Monobloc tap, built in cupboard housing the central heating boiler, integrated electric oven, integrated fridge/freezer, integrated 4 ring gas hob with large feature extractor chimney in stainless steel finish with matching splash back, integrated washing machine, integrated dishwasher.
Ample space for table and chairs.
Bathroom - 2.21m x 1.78m (7'3 x 5'10) - The bath has recently been replaced and the bath panel is there to refit by the new owners should this be required and the previous carpet flooring has been taken up allowing new owners to fit flooring of their choice.
Toilet with low level cistern, sink with pedestal and chrome taps, bath with chrome tap.
Front facing white uPVC double-glazed window with privacy glass, radiator, extractor fan, recessed lights to ceiling.
The bathroom will need re-tiling in part due to the current tiles been removed to fit the new bath. Bedroom 1 - 3.28m x 3.05m (10'9 x 10'0) - Double bedroom.
Carpet flooring, radiator, rear facing white uPVC double-glazed window.
Extensive fitted wardrobes to 1 wall with sliding doors providing a good degree of storage and hanging space and door leading to en-suite.
En Suite - 2.13m x 1.83m (7'0 x 6'0) - Carpet flooring, radiator, double shower cubicle with sliding doors and shower fed from the main hot water system, toilet with low level cistern, wall mounted sink with chrome tap.
The shower area is fully tiled which continues to approx. half height around the toilet and hand basin area. Recessed lights to ceiling, extractor fan, side facing white uPVC double-glazed window.
Bedroom 2 - 3.48m x 2.84m (11'5 x 9'4) - This is also a double bedroom. Carpet flooring, radiator, front facing white uPVC double-glazed window.
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 Aylesford Mews, Hill View, Sunderland
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