3-bedroom flat · SR2 7BG
Listing removedReduced £155 (−13.5%) on 21 JulListed 145 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An imposing three bedroom apartment occupying the first and second floor of this period Town house, retaining a wealth of character and wonderful period features.
The internal accommodation is accessed via communal entrance hallway with stairs to first floor which comprises lounge, kitchen/diner, office and shower room and three second floor bedrooms.
Externally there is a communal courtyard.
The property enjoys a most convenient situation close to Sunderland City Centre, excellent local amenities, shops and schools as well as providing excellent transport connections including road links and the Metro System.
Available now on an unfurnished basis, early viewing highly recommended to avoid disappointment. Ground Floor Access via Communal entrance door. Communal Hallway Stairs to apartment.
Half Landing UPVC double glazed door to access the rear. Door to WC. Stairs continue to first floor.
Separate Wc Low level WC and washbasin set into vanity unit, double glazed window to side and electric heater. First Floor Landing Radiator and stairs continue to second flooring.
Lounge (4.45 x 4.88 (14'7" x 16'0")) Single glazed window to front, radiator and feature fireplace.
Kitchen/Diner (4.19 x 4.88 (13'8" x 16'0")) Range of wall and bass units with countertops over incorporating a single bowl sink and drainer with mixer tap.
Space for an oven, washing machine, tumble dryer and fridge freezer. Double glazed window to rear and radiator.
Office/Fourth Bedroom (2.48 x 3.57 (8'1" x 11'8")) Single glazed window to front and column radiator. Half Landing Radiator and door to shower room.
Shower Room Low level WC, washbasin and waterfall shower cubicle, two heated towel rails and double glazed window to rear. Second Floor Landing Velux window, built in storage and access point to loft.
Bedroom 1 (4.15 x 4.07 (13'7" x 13'4")) Double glazed window and radiator. Bedroom 2 (4.33 x 3.95 (14'2" x 12'11")) Velux window, single glazed segmental arched window and radiator.
Bedroom 3 (2.46 x 2.89 (8'0" x 9'5")) Velux window.
Outside Garden is access only to shared garage for 1 car, property benefits from private roof top patio Solar Panels The landlord has advised that the property benefits from solar panels.
We are currently awaiting further information regarding the associated benefits and any related cost savings. Council Taxband The Council Tax is Band B.
Moving In Costs Before moving in you will need to pay one month's rent and a bond equal to a months rent. Lettings Important Notice We endeavor to make our lettings particulars accurate and reliable.
They should be considered as a general guide only and do not constitute all or any part of the contract. None of the services, fittings and equipment have been tested.
Measurements, where given, are approximate and for descriptive purposes only.
Prospective tenants and their advisers should satisfy themselves as to the facts, and before arranging an inspection, availability.
Further information on any point of importance can be provided, if in doubt please seek clarification before proceeding with a tenancy.
No person in the employment of Peter Heron Limited has any authority to make or give any representation or warranty whatever in relation to this property.
Letting Viewings To arrange an appointment to view this property please complete on online viewing request and await a response.
Please note, we do not offer properties to be taken unseen and you must view the property before being considered for an application.
Opening Times Monday - Friday 9.00am to 5.00pm Saturday 9.00am to 12noon Ombudsman Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.
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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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 Flat 2, 11, Esplanade West, Sunderland
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