1-bedroom flat · SR3 3HL
For saleListed 6 days
Opportunity summary
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About
Auction commencing on Monday 09th November at 1pm and ending 24 hours later on Tuesday 10th November at 1pm with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeast A bright and well-presented ground floor apartment in a peaceful setting.
Let and achieving £425pcm!
A well-presented one bedroom first floor apartment situated within a quiet and well-maintained residential development, offering comfortable living space, attractive communal gardens and convenient access to local amenities and transport links.
The accommodation is accessed via a secure communal entrance and briefly comprises: entrance hall, a generously sized living room with space for both lounge and dining furniture, and a separate fitted kitchen with a range of wall and base units and space for appliances.
The property further benefits from a double bedroom and a modern bathroom fitted with a white suite including bath with shower over, wash basin and WC.
Internally, the apartment is neutrally decorated throughout and features a combination of wood-effect flooring and carpet, creating a bright and welcoming atmosphere.
Double-glazed windows and electric heating contribute to year-round comfort. Externally, residents enjoy access to well-kept communal gardens, while parking is available within the development.
Ideally suited to buy-to-let investors, this appealing home offers an excellent opportunity in a popular residential location. Early viewing is highly recommended.
Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 44. Bede House, Castle Green, Sunderland, Tyne and Wear SR3 3HL
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