2-bedroom flat · SR1 1XH
For saleReduced £5k (−11.1%) on 21 JunListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Echo Building, West Wear Street, Sunderland, SR1 1XD Why you’ll love it City living, riverside vibe - landmark Echo Building location with lifts and great access to the centre & Uni.
Fantastic river views Two proper doubles + two bathrooms — ideal for sharers or a lock-up-and-leave. Investment opportunity - rent c.
£850 pcm + 3 months free management (Rent North East) on completion. Low entry price for a large 2-bed in SR1; strong cashflow potential.
The apartment Bright open-plan living/kitchen, principal bedroom with en-suite, second double, and family bathroom. Third-floor position with double glazing and electric heating.
End-of-corridor layout totalling 678 ft² (63 m²). Key facts at a glance Title/term: Leasehold, Title TY481383. 125 years (less 1 day) from 01/02/2004 — approx. 103 years remaining.
Ground rent: ~£250 p.a. (example demand £125 for half-year 29/09/25–24/03/26). Service charge: Latest Q4 2025 invoice £1,224.64 (1 Oct–31 Dec) — indicative annualised c.
£4,900 (subject to budget/reconciliation). Council Tax: Band D (buyers to verify current year’s charge).
Parking: The lease “grants an exclusive use of the car parking as therein mentioned.” Buyers should rely on the lease plan/management replies.
Apartments in this building typically have access to a car parking bay, with permits available from Kingston Property Service at a set fee. EPC: C (80), valid to 04/09/2028. Council Tax: Band D.
Building & safety: The seller and building docs confirm cladding remediation is in progress under the landlord/agent’s programme; historic waking-watch previously noted.
Mainstream lending may be constrained during works — cash buyers best placed today. Request the management pack for scope, funding route and target sign-off (e.g., ews/Completion Statement).
For investors Letting potential: C. £850 pcm (two beds/two baths, city centre). Incentive: 3 months free management with Rent North East (on completion).
Compliance & Material Information Prepared from seller disclosures and supplied documents including Law Society TA6/TA7/TA10, Required Material Information, Land Registry and recent service-charge/ground-rent demands.
Buyers must rely on their own enquiries, searches and the final management pack. These particulars are issued in good faith but do not form part of any offer or contract.
Measurements are approximate; images and descriptions are for guidance only.
Any reference to alterations, parking rights or building-safety works does not imply that necessary consents or sign-offs are in place.
Value & comps
No previous sales on record.
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 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.
Area
Agent & docs
FAQ
About 47 Echo Building, West Wear Street, Sunderland
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