We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · SR5 3QD
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* 2 bedroom * freehold * no onward chain * large rear driveway * SR5 * For sale: A two-bedroom end of terrace house on Corfu Road, Sunderland, offered with no onward chain.
The property provides well-proportioned accommodation and offers a good opportunity for a buyer looking to make their own improvements and personal touches.
The property also benefits from solar panels. The ground floor comprises a welcoming living room with a feature fireplace and large bay window providing good natural light.
To the rear, the spacious kitchen/dining room offers a practical range of units, gas hob and ample space for a dining table, with access leading to the rear.
A particular benefit is the substantial block-paved driveway, providing off-street parking for multiple vehicles.
The driveway is accessed via a gated lane and offers useful parking that is not always available with properties of this type.
Upstairs, the large main bedroom features a built-in storage cupboard, while the second bedroom is also a generous double. The bathroom is fitted as a wet room with shower facilities.
Corfu Road is conveniently positioned for local amenities, with shops and supermarkets available nearby, while Sunderland city centre and the surrounding areas are easily accessible.
There are also a number of schools and green spaces within the wider area, with access to walks towards the River Wear and the Roker and Seaburn seafronts.
Offered with no onward chain, this property provides well-sized accommodation, solar panels, excellent off-street parking and potential for further improvement.
Hallway (1.73 x 3.48 (5'8" x 11'5")) Living Room (3.61 x 4.19 (11'10" x 13'8")) Kitchen (5.49 x 2.57 (18'0" x 8'5")) Landing (2.13 x 1.35 (6'11" x 4'5")) Bedroom 1 (4.57 x 3.09 (14'11" x 10'1")) Bedroom 2 (3.32 x 310 (10'10" x 1017'0")) Bathroom (2.10 x 1.69 (6'10" x 5'6"))
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
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FAQ
About 16, Corfu Road, Sunderland
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