2-bedroom flat · SR2 0NZ
Listing removedListed 247 days
Opportunity summary
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About
In this convenient location in the village of Ryhope on the southern edge of Sunderland and being particularly conveniently located for access to the regional road network and a range of nearby amenities, an opportunity to purchase a second floor apartment on a maturing modern development.
Tastefully presented throughout, the apartment is approached via stairs from a shared entrance hall and includes a well proportioned lounge and dining area, a stylishly appointed kitchen with integrated appliances, two double bedrooms and a beautifully updated luxury shower room.
Suitable for a range of potential purchasers including first time buyers, investors or those looking to down-size to a modern, manageable home, this attractive apartment is available with no upward chain and early viewing is recommended.
It comprises: hall, lounge, kitchen, 2 bedrooms, shower-room/wc, gas CH (combi), uPVC double glazing, carpets, allocated car parking space, SHARED ENTRANCE HALL Stairs to upper floors ENTRANCE HALL Loft hatch to loft; radiator LOUNGE 17' 7" x 12' 4" (5.38m x 3.76m max) Two radiators KITCHEN 9' 2" x 7' 4" (2.80m x 2.26m) Good range of fitted wall and floor units having contrasting working surfaces; stainless steel single drainer sink unit with mixer tap; built in electric oven; gas hob; extractor hood; integrated fridge; integrated freezer; integrated washing machine; spotlights; tiled splashback; cupboard with wall mounted Ideal combi boiler BEDROOM 1 12' 9" x 9' 8" (3.91m max (3.02m min) x 2.95m) Range of fitted wardrobes and cupboards; radiator BEDROOM 2 8' 9" x 8' 6" (2.68m x 2.61m) Radiator LUXURY SHOWER ROOM/WC Separate tiled shower enclosure with rainfall shower and handheld fitting; vanity wash hand basin with drawers beneath and mixer tap; low level wc; white suite; spotlights; tiled walls; tiled floor; heated towel rail (chrome plated) Extras: (Included in price): All fitted carpets, blinds and light fittings Gas central heating (combi); uPVC double glazing Security entryphone door access system We understand that the property is leasehold with approximately 975 years remaining EPC rating C Council Tax Band B Viewing: By appointment through this office Please Note: These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information.
The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property.
Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.
Please note that the services and appliances in the property have not been tested.
Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.
Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings.
Plans and floor plans are for identification purposes only and are not to scale.
Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase.
In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.
Value & comps
No previous sales on record.
Returns
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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.
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