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See how verdicts work4-bedroom terraced house · SR5 2HE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a pair of attached properties one laid out as a small ground floor flat and the adjoining mid terraced 3 bedroom house with a large double garage/workshop to the rear.
An ideal investment for a local landlord with the property partly vacant and partly tenanted. It could also appeal to an owner occupier requiring generous workshop/garage space.
The ground floor flat is tenanted and the house and garage/workshop are currently vacant. It is attractively presented throughout with plain decor and modern kitchen and bathroom fittings.
The garage/workshop is spacious and ideal for a variety of uses.
It comprises: 1a entrance vestibule, large lounge, kitchen, utility, 3 bedrooms, bathroom/wc, gas CH (combi), uPVC double glazing, carpets, double garage/workshop.
1b entrance vestibule, lounge, kitchen, utility, bedroom, bathroom/wc, gas central heating (combi), uPVC double glazing Ideally placed for access to Sunderland city centre as well as close by shopping and retail parks as well as the A19 and regional road network 1A PARK TERRACE ENTRANCE VESTIBULE Understairs cupboard; radiator LOUNGE 14' 1" x 9' 6" (4.30m x 2.9m) and (2.89m x 1.92m) Radiator KITCHEN 9' 6" x 11' 2" (2.90m x 3.41m) Fitted kitchen with wall and floor units: single drainer stainless steel sink unit with mixer tap; gas hob; extractor hood; laminate floor; tiled floor; wall mounted combi boiler; 2 radiators REAR LOBBY (BIN STORE 8' 9" x 6' 1" (2.67m x 1.86m) Door to lane BEDROOM 1 14' 1" x 9' 10" (4.31m x 3.00m) Radiator BEDROOM 2 11' 2" x 9' 8" (3.42m x 2.96m) Fitted wardrobes; laminate floor; radiator BEDROOM 3 10' 3" x 13' 10" (3.14m (1.45m min) x 4.24m) Radiator BATHROOM/WC Panel bath; vanity wash hand basin with cupboard beneath; low level wc; laminate floor; radiator Extras (Included in price): All fitted carpets, blinds Gas central heating to both properties (combi type) uPVC double glazing Double width garage (4.94m x 7.80m) with 1 electrically operated roller shutter door, one manual roller shutter door We understand the property is Freehold Council Tax Band A EPC Rating E 1B PARK TERRACE ENTRANCE VESTIBULE Meter cupboard; radiator LOUNGE 10' 1" x 11' 8" (3.08m (1.81m min) x 3.57m) Radiator KITCHEN 5' 0" x 10' 11" (1.54m x 3.35m) Wall and floor units having working surface; single drainer stainless steel sink unit with one bowl sink with mixer tap; gas hob; radiator UTILITY ROOM 5' 2" x 4' 11" (1.58m x 1.51m) Working surface; plumbed for automatic washing machine; wall mounted Main combi boiler; radiator BEDROOM 1 8' 11" x 8' 9" (2.74m x 2.67m) Radiator BATHROOM/WC Panel bath; pedestal hand basin; low level wc; radiator Extras; carpets, blinds uPVC double glazing Rental details on application We understand the property is Freehold Council Tax Band A EPC Rating C 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Park Terrace, Southwick
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