2-bedroom terraced house · SR2 8LB
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Modern Method of Auction; Starting Bid Price £30,000 plus reservation Fee. This two bedroom mid terrace cottage is available with vacant possession and no upward chain.
The accommodation is all on one level and includes a hall, lounge, kitchen, bathroom/wc and two bedrooms. Externally there is a yard to the rear.
This location is ideally placed for local amenities, as well as offering easy access to Sunderland City Centre and provides transport connections to surrounding areas. Early viewing is recommended.
All On Ground Floor - Access via entrance door. Entrance Lobby - Inner door to hall. Entrance Hall - Radiator.
Lounge - 4.15 x 5.01 (13'7" x 16'5") - Single glazed window looking into kitchen, feature fireplace. Two radiators and two storage cupboards.
Kitchen - 1.88 x 2.84 (6'2" x 9'3") - Base units with countertops over incorporating single bowl sink and drainer. Space for an oven, washing machine and low level fridge.
Double glazed window and UPVC door to rear and radiator. Bedroom 1 - 3.70 x 4.18 (12'1" x 13'8") - Double glazed bay window to front, two radiators and feature fireplace.
Bedroom 2 - 3.53 x 2.27 (11'6" x 7'5") - Single glazed window looking into kitchen and radiator. Wall mounted Baxi boiler. Door to bathroom.
Bathroom - Low level WC, washbasin and bath with shower over, radiator and double glazed window to rear. Outside - Courtyard to rear with small roller shutter access door.
Council Tax Band - The Council Tax Band is Band A. Tenure Freehold - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor.
Auction Comments - This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter.
Interested parties personal data will be shared with the Auctioneer (iamsold). The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Important Notice - Particulars - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:- The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract.
Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information.
Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor.
The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £300.00 by Movewithus Ltd.
Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.
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
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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
About Hendon Burn Avenue, Hendon, Sunderland
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