We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · SR4 7DF
Sold STCListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well positioned on Chester Street in the popular Millfield area, this two-bedroom mid-terraced cottage offers an excellent opportunity for first-time buyers, investors, or those looking for a project to modernise and add value.
The property is entered via a spacious hallway, leading through to a generous front-facing lounge which links through handy doors into the dining room, creating flexible living and entertaining space.
To the rear is a fitted kitchen with access through to the bathroom.
Two bedrooms complete the ground floor accommodation, while stairs rise to a useful first-floor storage room, offering additional practical space.
Externally, the property benefits from a rear garden, ideal for outdoor enjoyment or further enhancement.
Requiring a degree of modernisation throughout, this home presents fantastic potential and is offered with no onward chain.
Chester Street is conveniently situated within Millfield, a well-established residential area popular for its accessibility and range of local amenities.
Shops, supermarkets, schools and everyday conveniences are all close by, while Sunderland city centre is within easy reach.
The area is particularly well placed for commuters, with Millfield Metro Station nearby providing regular services across Sunderland, Newcastle and surrounding areas.
Excellent road links via the A1231, A19 and A1(M) offer straightforward travel north and south, connecting to regional centres, business hubs and coastal routes.
Frequent local bus services also operate throughout the area, making day-to-day travel simple and convenient.
To arrange a viewing contact the residential team on or email Tenure: Freehold | Council Tax Band: D | EPC Rating Band: Band A | Unrestricted mobile phone coverage | Ultrafast Broadband |
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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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.
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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 Chester Street, Millfield, Sunderland, SR4
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