2-bedroom semi-detached house · SR2 8AQ
Sold STCListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this two-bedroom semi-detached house in Mordey Close, currently tenanted and generating immediate rental income, making it an ideal purchase for investors looking for a ready-made investment opportunity.
Investment Opportunity- Tenant In Situ: The property is currently tenanted and achieving £555 PCM, offering an approximate 10% gross yield at the asking price.
With a tenant already in place, this allows for immediate rental income from day one with no initial void periods Convenient Sunderland Location: Situated in a popular Sunderland location, the property benefits from excellent access to local amenities and transport links.
Sunderland City Centre and Sunderland Train Station are approximately a 15-minute walk away, while Park Lane Metro Station can be reached within around 6 minutes by car.
Mowbray Park is also within walking distance, alongside The Bridges Shopping Centre, making the property well-positioned for tenants and commuters alike..
EPC Rating C: Benefitting from an EPC Rating C, the property offers improved energy efficiency and additional appeal for long-term tenants and investors.
Upon entering the property, you are welcomed into a bright living room featuring laminate wood flooring and a fireplace creating a focal point to the room.
Leading through, you will find a corner kitchen fitted with white cabinets, black worktops, and additional over-cabinet storage space. The kitchen also provides access out into the enclosed rear yard.
To the first floor, the property comprises two bedrooms, including one double bedroom and one single bedroom, both carpeted throughout.
The bathroom is fitted with a bath, offering practicality for everyday use.
Externally, the property benefits from a single parking space to the front alongside additional on-street parking availability.
The property is well positioned for commuters, with convenient access to major road networks including the A690 and A19, providing straightforward travel routes across Sunderland, Durham, Newcastle, and surrounding areas.
Council Tax Band: A (Sunderland Council) Tenure: Freehold
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 advisors 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 Mordey Close, Sunderland
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