2-bedroom flat · SR1 2BE
To rentListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Sunderland fish quey with lovely views over the city and river; we offer a 2-bedroom 1st floor apartment.
Offered unfurnished and recently redecorated the property is a good size and comprises: hallway, lounge with dining area and access to balcony, fitted well equipped kitchen, 2 double bedrooms and bathroom w.c.
Externally there is a car parking space. Please note there is lift access to this apartment. Rent £695PCM.
Deposit £695, holding deposit equal to 1 weeks rent £160, maximum deposit £801 (equal to 5 weeks rent). Initial contract APT. Mains electric, water & sewerage. Ultrafast broadband available.
Mobile coverage: EE 86%, Vodaphone 71%, Three 69%, O2 67%. Council tax band B. EPC rating C.
Room sizes Lounge 4.89max x 4.15m Kitchen 2.30m x 2.31m Bedroom 1 3.80m x 2.68m Bedroom 2 2.88m x 276m Bathroom 2.39max x 1.24m
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
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