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See how verdicts work2-bedroom flat · SR2 7AU
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom ground floor retirement apartment, featuring a glazed door from the lounge leading out on to the communal garden.
Situated within this attractive development the private accommodation includes a hall, lounge with a glazed door to the communal gardens, a fitted kitchen, principle bedroom with en-suite shower room/wc, a second well-proportioned bedroom and a bathroom/wc.
The apartment benefits from UPVC double glazed windows and electric heating as well as the use of a residents' car par park, communal lounge, lift access and well-maintained, landscaped communal gardens.
It is a condition of the purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
With immediate vacant possession and no upper chain involved, viewing is essential! Communal Entrance Access via security entrance door into communal hallway.
All On One Floor Access via wooden entrance door into the reception hall. Reception Hall Electric heater and storage cupboard.
Doors to Lounge 2x double glazed windows and UPVC doors to communal gardens. 2x electric heaters, electric fire and wooden glass panelled double doors into the kitchen.
Kitchen Wall and base units with countertops over incorporating a single bowl stainless steel sink and drainer unit with mixer tap. Integrated oven with electric hob and extractor hood.
Space for a fridge freezer and washing machine. Double glazed window to side. Bedroom 1 2x double glazed windows, electric heater and door to the en suite.
En Suite Shower Room Shower cubicle, low level wc and hand wash basin. Bedroom 2 2x double glazed windows, electric heater and built in mirrored wardrobes.
Bathroom Bath with shower over, low level WC and hand wash basin set into vanity unit. Communal Lounge Outside Stunning communal gardens and private parking.
Tenure Leasehold We are advised by the Vendors that the property is Leasehold. We have been advised by the vendor the Lease Term is 125 years from 01/02/2002 and the Ground Rent is £924.02 per annum.
The annual service charge is £4,719.00 Buildings Insurance Communal areas maintenance & cleaning Laundry area maintenance & cleaning On site staff Garden and grounds maintenance 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.
Council Taxband The Council Tax is Band C.
Important Notice 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.
Viewings Fst To arrange an appointment to view this property contact our Fawcett Street branch on .
Opening Times Monday - Friday 9.00am to 5.00pm Saturday 9.00am to 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
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 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 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.
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FAQ
About 2, Sanford Court, Sunderland
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