1-bedroom flat · SR1 3DY
For saleReduced £2.5k (−5.3%) on 21 JunListed 1129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City centre, furnished, purpose built, one bedroom apartment located on the 11th floor and providing panoramic views across the city, North Sea and countryside in the distance.
Enjoying oversized windows maximising natural light this spacious apartment offers excellent living space.
Modern features include: Kitchen appliances, video intercom, lift access, electric night storage heating and double glazing.
The accommodation briefly comprises: A communal entrance with duel lift access to the 11th floor, reception hall, living room, separate kitchen, double bedroom and bathroom with toilet.
An excellent apartment in which viewing is highly recommended.
Property Information Tenure - Leasehold Ground Rent - £10 per annum Service Charge 2023-2024 £1553.72 Please note these charges are subject to change and are correct at 11/09/2023 to the best of our knowledge.
Prospective purchasers should clarify this information with their solicitor prior to exchange of contracts. Reception Hallway Accessing the accommodation with cloak storage cupboard.
Living Room 6.08m x 3.12m (19' 11" x 10' 3") approximately Ideal for lounge and dining purposes with oversized stretch windows to two aspects, also with phone and TV points and decorative mantle piece.
A door leads into: Kitchen 3.04m x 1.97m (10' 0" x 6' 6") approximately Fitted with light oak units to wall and base with laminate work surfaces over and four ring halogen hob, oven, drainage sink, washing machine, fridge/freezer, tiled splash backs, vinyl flooring, airing and superb views.
Bedroom 3.68m x 3.01m (12' 1" x 9' 11") approximately An excellent double bedroom once again enjoying super views and with an integrated wardrobe.
Bathroom & Toilet Fitted with a cream toilet, hand basin and panel bath with shower fitting and screen over. Other benefits include extractor, part wall tiling and vinyl floor.
Parking Not provided but available at a seperate cost via private neighbouring car parks.
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 48 Astral House, City Centre, Sunderland
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