2-bedroom flat · SR1 1XH
For saleListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity Modern two bedroomed city facing apartment which enjoys panoramic views across the city centre.
The accommodation briefly comprises; reception hall, open plan living room with space for lounge and dining purposes into fitted kitchen, two double bedrooms - one with en-suite shower room/WC, storage facilities and bathroom/WC.
Potential rental income £825 pcm.
Property Information Tenure - Leasehold, Lease - 125 years from 01/02/2004 Service charge 2026 - £5150 per annum Ground rent - 2026 £194 per annum Please note these figures have been provided by the vendor are the most recent figures we have & are subject to change.
These charges are correct to the best of our knowledge. Prospective purchasers should clarify this information with their solicitor prior to exchange of contracts.
Council Tax Band C Communal Entrance With lift/stairs to 7th floor.
Private entrance leads to; Entrance Hall Into; Open Plan Living Room & Kitchen 7.63m x 4.17m (25' 0" x 13' 8") approximately Living area Spacious room with picture windows maximising the degree of natural light and taking full advantage of the super views.
Providing ample space for lounge and dining purposes.
Kitchen area Fitted with a contemporary range of high gloss cream units with stainless steel furniture to wall and base with laminate work surfaces.
Bedroom One 5.1m x 2.7m (16' 9" x 8' 10") approximately Double bedroom with picture windows once again taking full advantage of the views, into: En-Suite Shower & Toilet Equipped with an oversized shower unit with mains operated shower fitting, contemporary hand basin and low level WC.
Other benefits include ceramic floor tiling, wall tiling with dressing mirror and chrome heated towel rail. Bedroom Two 6.6m x 2.8m (21' 8" x 9' 2") approximately Second double bedroom.
Bathroom & Toilet Equipped with a white three piece suite including low level WC, hand basin and panelled bath with shower attachment.
Other benefits include ceramic floor tiling, wall tiling with dressing mirror, display plinth and chrome heated towel rail.
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
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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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FAQ
About Apartment 126, Echo Building, Sunderland
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