1-bedroom flat · SR1 1BH
For saleReduced £12.5k (−13.5%) on 6 AugListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity! This exceptional first-floor apartment enjoys a highly sought-after City Centre location, selling with sitting tenant (current rent £750pcm).
The beautifully presented accommodation opens into a welcoming entrance hall, leading to an impressive open-plan living, dining, and kitchen area, with a generous bedroom and modern bathroom.
Set within a well-maintained building with lift access, the apartment also benefits from secure basement parking accessed via sensor-controlled doors, offering both convenience and peace of mind.
Perfectly positioned in the heart of the City Centre, the property is moments from an excellent selection of shops, cafés, bars, and restaurants, with superb transport connections close by.
Communal Entrance Access via security entrance door. Stair and lift access to upper floors.
Entrance Hall Open Plan Lounge/Dining & Kitchen This impressive open plan room incorporates lounge, dining and kitchen area.
Kitchen Area Fitted with a good range of modern units with work surfaces over incorporating sink and drainer unit, island unit with breakfast bar, integrated appliances include an electric oven, electric hob with extractor chimney over, fridge freezer, dishwasher and washing machine.
Bedroom 1 Sash window to front with secondary glazing and electric wall mounted heater.
Bathroom Low level WC, pedestal washbasin and panel bath with mains shower over, tiled floor, part tiled walls and electric heated towel rail.
Outside The property benefits from an allocated secure parking space. Council Tax Band The Council Tax Band is Band C. Tenure Leasehold We are advised by the Vendors that the property is Leasehold.
We have been advised by the vendor there are 106 years remaining on the lease. The ground if £125.00 per annum. The service charge is £2,000.00 per annum.
Ground rent review period (year/month) - to be confirmed Annual Ground rent increase % - to be confirmed Any prospective purchaser should clarify this with their Solicitor.
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 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.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About 9, The Post Office, Sunderland
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