2-bedroom flat · NE38 9ED
For saleListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The location benefits from a range of local amenities and services close by, including shops, schools, and leisure facilities, while also offering convenient access to nearby bus routes and transport links, making it an ideal base for commuters and those seeking easy access to surrounding areas.
The property offers well-proportioned accommodation throughout and briefly comprises an entrance hall with stairs leading to the apartment, which in turn opens to the first floor landing area providing access to all rooms.
The lounge is a comfortable and spacious living area, while the fitted kitchen provides practical storage and workspace for everyday use.
There are two generously sized bedrooms, one of which benefits from a useful walk-in dressing room/storage area, offering additional flexibility and storage.
The accommodation is completed by a family bathroom fitted with a white suite.
Externally, the property enjoys well-maintained communal gardens to the front which are attractively paved and laid to gravel, creating a pleasant and tidy approach to the building.
To the rear, the apartment overlooks an attractive green area, providing a more open outlook and a sense of space.
The property also benefits from an allocated parking space to the frontage, offering convenient off-street parking for residents.
The property represents an excellent investment opportunity as it is currently tenanted and achieving a rental income of £475 per calendar month.
It is offered for sale with no onward chain, allowing for a straightforward purchase process. Early viewing is highly recommended and is available immediately.
ENTRANCE HALL The entrance hall is accessed via a UPVC-framed double-glazed entrance door and provides a welcoming introduction to the property.
The area benefits from a radiator and stairs rising to the first floor, leading to the main living accommodation.
LANDING AREA The landing area benefits from a UPVC-framed double-glazed window allowing natural light to brighten the space.
Additional features include a radiator, loft access, and doors leading to all rooms within the apartment.
LOUNGE The lounge is a well-proportioned and inviting living space, benefiting from a UPVC-framed double-glazed window which enjoys an outlook over a nearby green area, creating a pleasant and open aspect while allowing an abundance of natural light into the room.
The room is further complemented by a radiator for year-round comfort.
KITCHEN/BREAKFAST ROOM The kitchen is fitted with a range of base and wall units providing ample storage, complemented by laminate work surfaces.
There is an inset sink unit with drainer and mixer tap, along with tiling to the splashback and main work preparation areas for practicality and ease of maintenance.
The kitchen also benefits from an integrated oven and hob with an extractor hood above, as well as plumbing for an automatic washing machine.
Additional features include a radiator and space to accommodate a dining table and chairs, creating a practical kitchen/dining area.
Two UPVC-framed double-glazed windows allow plenty of natural light to fill the room, enhancing the bright and airy feel of the space.
BEDROOM ONE Bedroom One is a generously sized double bedroom benefiting from a UPVC-framed double-glazed window allowing an abundance of natural light into the room.
The space is further enhanced by built-in two-door sliding wardrobes, offering excellent storage solutions, along with a radiator for added comfort.
BEDROOM TWO Bedroom Two is a further spacious double bedroom with a uPVC-framed double-glazed window allowing natural light to brighten the room.
The space is complemented by a radiator and also benefits from a door leading to a useful walk-in robe/storage area, which offers excellent additional storage and could easily be adapted for a variety of uses.
FAMILY BATHROOM The family bathroom is fitted with a modern white suite comprising a panelled bath with mains-fed shower over, wash hand basin, and low-level WC.
The room is finished with tiled walls and flooring, creating a clean and practical space that is easy to maintain.
Built-in storage cupboards provide useful additional storage, while a radiator ensures comfort.
A UPVC-framed double-glazed window allows natural light to enter the room while also providing ventilation.
EXTERNALLY The property is complemented by well-tended gardens, featuring paved seating areas and raised gravel sections, offering both functionality and visual appeal.
An allocated parking space to the front provides convenient off-street parking, completing the exterior of the property.
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 Eddleston, Washington, Sunderland
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