2-bedroom flat · SR1 2AT
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ** Second Floor Apartment ** Available From November ** River Views ** Close to City Centre ** Spacious Living Accommodation ** Pattinson Estate Agents are delighted to welcome to the rental market this smart riverside apartment on River View.
Situated just a stroll from the City Centre, the property has excellent transport links to surrounding areas, close to local shops and the beach front of Roker.
Immaculately presented throughout the property boasts a spacious 'L' shaped living room/diner with Juliet balcony to enjoy the surrounding views, a modern kitchen with fitted appliances, a white bathroom suite with tiles and a two double bedrooms (master with Juliet balcony).
This property is furnished. The property also comes with an allocated parking space located in a private car park for the building.
We anticipate a great deal of interest and therefore suggest an early viewing to avoid disappointment!
Call Sunderland or e-mail Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: B Deposit: 825.00 External There is a allocated car parking space located in the car park for the building Lounge/Diner (5.83m x 4.40m) Double glazed window and juliet balcony with a front aspect and river views.
Laminate flooring, electric radiator and door leading to kitchen and door leading to hallway Kitchen (2.74m x 1.83m) With a range of wall and floor units with contrasting roll top worktops, electric hob, electric oven with overhead extractor fan.
Tiled splash backs, washing machine, integrated dishwasher, integrated fridge freezer.
Bathroom (2.24m x 1.97m) A white three piece suite comprising of, Panelled bath with overhead handheld shower, pedestal hand wash basin, WC, electric chrome towel rail, part tiled walls and tiled floor.
Bedroom 1 (3.8m x 2.7m) Double glazed window and juliet balcony with rear aspect, carpet to floor and electric radiator.
Bedroom 2 (3.8m x 2.5m) Double glazed window with rear aspect, carpet to flooring and electric radiator.
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
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FAQ
About 35 River View, Low Street, Sunderland
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