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See how verdicts work1-bedroom flat · SR3 3HL
Sold STCListed 52 days
Opportunity summary
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About
Auction Commencing on Monday 19th October at 1pm and ending 24 hours later on Tuesday 20th October from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast A vacant, ground-floor one-bedroom flat with a separate kitchen, useful storage and a lounge with doors opening to the outside, offering an opportunity for homeowners and investors alike.
Please call Your Move Sunderland to arrange a viewing! Offered for sale by auction with vacant possession is this ground-floor, one-bedroom flat.
The property could appeal to buyers looking for a home or an investment opportunity. The accommodation is arranged around an entrance hall with two useful storage cupboards.
There is a double bedroom, a separate fitted kitchen and a bathroom with a bath, wash basin and WC. The lounge provides space for both seating and dining and has glazed doors opening to the outside.
The flat is ready for a buyer to make their own, whether for occupation or letting, subject to any necessary consents.
Prospective purchasers should refer to the legal pack for details of the tenure and any associated charges.
Key features - Ground-floor, one-bedroom flat - Separate kitchen - Lounge with glazed doors opening to the outside - Two hall storage cupboards - Sold with vacant possession - Suitable for owner-occupiers or investors Tenure: Leasehold Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SUN260129/2 Main Entrance Hall Lounge 3.7m x 4.3m Kitchen 2m x 3m Bedroom 3.38m x 2.64m Bathroom 1.96m x 2m
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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