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See how verdicts work2-bedroom flat · SR3 3ED
Listing removedReduced £2k (−3.5%) on 21 JunListed 194 days
Opportunity summary
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About
Large 2 double bed first floor flat - recent kitchen at considerable expense - recent central heating boiler- modern electrics - UPVC double glazing - sensible service charges & ground rent @ £1560pa - suitable for ftb’s / small families / investors - pot rental inc £650pcm @ 11% + pa net yield - potentially no chain - long leasehold around 120 years remaining ...Good Life Homes are delighted to bring to the market a very spacious 2 double bedroom first floor apartment in Farringdon located just a 2 minute walk from the High School.
Modernised and updated and with a long lease and sensible service charges, the property would make a great spacious low cost home or high yielding buy to let investment with a 11% + yield net of service charges.
The block is clean and well maintained and there’s ample parking to the front. Viewing arrangements can be made by contacting our local office.
If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance.
Our fixed price selling fees start from just £1195 + vat on a no sale no fee basis which means you won’t pay us anything unless we sell your home!
Call us and find out why so many people across Sunderland now choose Good Life to sell their home.
Introduction Large 2 double bed first floor flat - recent kitchen at considerable expense - recent central heating boiler- modern electrics - UPVC double glazing - sensible service charges & ground rent @ £1560pa - suitable for ftb’s / small families / investors - pot rental inc £650pcm @ 11% + pa net yield - potentially no chain - long leasehold around 120 years remaining ...
Communal Entrance Well maintained communal entrance with stairs leading to first floor. Door leading off to apartment.
Entrance Hall Rear facing white uPVC double-glazed window, radiator, 2 doors leading off, 1 to kitchen and 1 to lounge.
Kitchen (3.40m x 2.64m (11'2 x 8'8)) Ceramic tile flooring, radiator, rear facing white uPVC double-glazed window.
Recently installed fitted kitchen with a range of wall and floor units in a modern finish with contrasting laminate work surface.
Integrated 4 ring induction hob, integrated electric oven, space and plumbing for a washing machine, space for an under bench fridge, space for a under bench dryer also.
Stainless steel sink with monobloc tap situated below the window with pleasant rear views, and modern combi boiler.
Lounge (5.08m x 4.27m (16'8 x 14'0)) Measurements taken at widest points and into bay.
White uPVC double-glazed bay window, radiator, carpet flooring, feature fireplace in a wood effect finish with electric plasma fire.
This is a really large lounge which is large enough to accommodate most arrangements of furniture. Access doors leading into front hallway and rear hallway.
Rear Hallway Laminate wood-effect flooring, radiator, 3 doors leading off, 2 to bedrooms and 1 to bathroom.
Bathroom (2.01m x 1.91m (6'7 x 6'3)) Ceramic tile flooring, radiator, rear facing white uPVC double-glazed window privacy glass.
White bathroom comprising of toilet with low level cistern, sink with single pedestal and chrome taps, bath with panel, chrome tap and showerhead attachment.
The area around the bath, sink and toilet area are finished in a modern uPVC cladding.
Bedroom 1 (3.48m x 3.40m (11'5 x 11'2)) Carpet flooring, radiator, front facing white uPVC double-glazed box bay window. Built in cupboard providing a good degree storage and hanging.
This is a double bedroom. Bedroom 2 (4.11m x 3.28m (13'6 x 10'9)) Also large double bedroom. Carpet flooring, radiator, rear facing white uPVC double-glazed bay window.
Externally Access around the side to the rear where there is a shared communal garden for refuse bins etc etc.
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
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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 12, Anglesey Road, Sunderland
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