2-bedroom flat · SR5 2LR
Let agreedReduced £45 (−5.7%) on 4 JulListed 420 days · slow let
Opportunity summary
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About
Summary Pattinson Estate Agents present an exceptional opportunity to rent a two-bedroom, first-floor apartment within the newly developed Clock Tower Court in Southwick, Sunderland.
This stylish apartment is offered with water, and Wi-Fi internet included in the monthly rental fee, delivering outstanding value and convenience.
Property Highlights - Brand new development: Clock Tower Court - First floor location with secure building entry - Two generously sized bedrooms - Modern bathroom and welcoming hallway - Bright living and kitchen area - Utility cupboard providing additional storage - Part furnished, including a new oven, hob, extractor, washing machine, and fridge/freezer - Private gated parking with one reserved space; additional parking may be available upon request - Water, and Wi-Fi included in rent Convenient Location The apartment boasts excellent access to local amenities, a variety of shopping options, and respected education facilities.
It also enjoys superb transport links to Sunderland city centre and the wider North East region, with both road and public transport connections nearby.
Entry and Communal Areas Residents benefit from a secure entry system leading into an inviting communal hub.
The apartment is accessed via a private front door on the first floor, opening into a welcoming hallway that provides access to all rooms.
Additional Features - Exclusive, secure parking within a gated car park - Potential for extra parking spaces on request - High-quality finishes throughout the property - Rare rental offering in a sought-after location Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
- Self- will require an accountant's reference and should have accounts for a minimum of two years. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 920.00 Length of Tenancy: 12 Month
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1 Clock Tower Court, Goschen Street, Sunderland
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