3-bedroom semi-detached house · SR3 3RT
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire this three-bedroom semi-detached property situated within a popular residential area of Sunderland.
Offering spacious and versatile accommodation together with gardens to the front and rear, off-road parking and an integral garage, the property presents an ideal opportunity for investors, developers or buyers looking to create a home to their own specification.
The accommodation briefly comprises an entrance hall providing access to the staircase and ground floor accommodation.
The ground floor features a generously proportioned open-plan lounge/diner spanning the full depth of the property from front to back, providing a spacious and versatile living area.
To the rear is a well-proportioned kitchen, off which is an additional versatile space with French doors providing direct access to the rear garden.
This useful area could be utilised in a variety of ways, subject to the buyer's requirements, such as a dining area, home office, playroom or additional living space.
The ground floor also benefits from an integral garage, which may offer potential for conversion, subject to the necessary consents.
To the first floor are three well-proportioned bedrooms, a family bathroom, landing with storage cupboards and an additional airing/storage cupboard.
Externally, the property benefits from gardens to the front and rear together with off-road parking leading to the integral garage.
The property requires a programme of modernisation and refurbishment throughout, offering excellent scope to add value and create a desirable family home.
Once completed, it would make an ideal investment or first-time purchase. Contact the Sunderland Residential team on to arrange a viewing.
Tenure: Freehold | EPC Rating: TBC | Council Tax Band: C | Unrestricted mobile phone coverage | Ultra fast Broadband available I Services: Mains electricity, gas, water and drainage.
In line with UK Money Laundering Regulations and HMRC supervision, buyers must complete identity verification using a Government-approved digital verification service.
An administrative charge is payable to cover compliance costs, charged at £25 + VAT (£30) for each purchaser.
Verification is required following offer acceptance and prior to the property being marked Sold Subject to Contract.
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 Oakfield Close, Herrington, Sunderland, SR3
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