3-bedroom terraced house · SR5 1EY
Sold STCListed 100 days
Opportunity summary
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About
Auction Commencing on Monday 10th August at 1pm and ending 24 hours later on Tuesday 11th August from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast Spacious freehold three-bedroom terraced home with two reception rooms, vacant possession and excellent refurbishment potential.
Open House Viewings (no need to book) Wednesday 22nd July 11:30am-12pm Wednesday 29th July 11:30am-12pm Call The Good Estate Agent Sunderland for more details on Situated in the popular residential area of Southwick, this spacious three-bedroom mid-terraced property presents an excellent opportunity for investors, landlords and owner-occupiers alike.
Offering generous accommodation over two floors, the property is ready for cosmetic improvement, allowing purchasers to add value and personalise to their own taste.
The ground floor comprises an entrance vestibule leading to a spacious living room, separate dining room, fitted galley-style kitchen and a ground floor bathroom.
To the first floor are three well-proportioned bedrooms, including two generous doubles and a useful third bedroom, ideal as a nursery, home office or dressing room.
Externally, the property benefits from an enclosed rear yard with gated access.
The home is conveniently positioned within easy reach of local amenities, schools, Sunderland city centre and excellent transport links, making it an attractive proposition for both the rental and resale markets.
The property is offered with vacant possession and is expected to appeal to a wide range of buyers seeking a refurbishment project with strong investment potential.
Tenure: Freehold EPC Rating: ordered 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 45 Southwick Road, Sunderland, Tyne and Wear SR5 1EY
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