2-bedroom flat · SR2 7UD
Let agreedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this established area ideal for access to Sunderland City Centre and Park Lane transport interchange we offer a 2-bedroom ground floor apartment.
In a small development just off Ryhope Road the property comprises hall, lounge, 2 bedrooms, modern fitted kitchen, and bathroom w.c.
Externally there is a small patio offering some outdoor space and forecourt with car parking area. An attractive apartment in a very convenient location.
Rent £695 PCM, holding deposit £160, deposit £695, maximum deposit £800 (equal to 5 weeks rent). Initial contract 6 months or 12 months. Council tax band C. EPC C.
Mains electric, gas, water & sewerage. Ultrafast broadband available. Mobile likely coverage: O2. Limited coverage: EE, Three & Vodaphone. Available October 2026.
Room sizes: Lounge: 4.26m into bay x 3.52m Bedroom 1: 3.65m x 2.78m Bedroom 2: 3.30m x 2.35m Kitchen: 4.54m x 2.05m Bathroom: 2.03m x 1.70m
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
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