1-bedroom flat · NE38 8NJ
Listing removedListed 127 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one bedroom first floor apartment with lake views, located in Sherringham House, Columbia with secure door entry system.
The property is arranged over two floors and benefits include spacious lounge, double bedroom with sliding door wardrobes, residents parking.
Location The property is located within the popular residential area of Sherringham House in Columbia, Washington.
Close to the local amenities, schools and shops and within a short commute to both the A1(M) and A19 road networks.
Council Tax Band: A (Sunderland Council) Holding Deposit: £135 Entrance hall Located on the first floor of Sherringham House, the entrance hall gives access to the bedroom and bathroom and stairs to the maisonette floor.
Bedroom 1 Double bedroom with Juliet balcony overlooking the lake, mirrored sliding door wardrobes, neutral walls and carpet flooring.
Bathroom Fully tiled bathroom with white low level wc, white wash hand basin and white bath with over head shower via a mixer tap and under stair storage cupboard.
Lounge A spacious lounge with double storage cupboards to eves, wooden fire surround, neutral walls, dark wood flooring and double glazed window overlooking the lake.
Kitchen Fitted in a range of white wall and base cabinets with integrated electric oven, hob and built in microwave, stainless steel sink and drainer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Sherringham House, Columbia, Washington, Tyne and Wear, NE38
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