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 work4-bedroom house · SR4 6EU
Sold STCListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with NO ONWARD CHAIN this deceptively spacious 4 bed cottage is in need of modernisation and improvement throughout and offers an exciting opportunity with superb investment potential for a home owner or investor.
The generous yet versatile living space briefly comprises of Entrance Hall, Living Room, Dining Area, Inner Hall, Kitchen, Bathroom and 2 Ground Floor Bedrooms and to the first floor 2 Bedrooms and a Jack and Jill style En Suite Bathroom.
Externally there is a front forecourt and a generous rear yard.
The property is situated on Cromwell Street in Millfield being close to located schools, shops and amenities in addition Sunderland City Centre and Hospital.
This property must be viewed to fully appreciate the space on potential on offer. Entrance Hall - Laminate floor.
Living Room - 4.17 x 4.07 (13'8" x 13'4" ) - Rear facing, radiator, Dining Area - 4.20 x 2.79 (13'9" x 9'1") - Radiator, double glazed window, wall mounted gas central heated boiler.
Bedroom 3 - 4.94 to bay x 3.39 (16'2" to bay x 11'1") - Front facing, bay window, radiator. Bedroom 4 - 4.30 x 2.26 (14'1" x 7'4" ) - Front facing, radiator.
Inner Hall - Stairs to the first floor, door to the rear yard Kitchen - 3.06 x 2.59 (10'0" x 8'5") - Floor and wall units, stainless steel sink and drainer with mixer tap, double glazed window.
Bathroom - Pedestal basin, low level WC, double glazed window, the bathroom is in need of finishing First Floor - Landing.
Bedroom 1 - 4.69 x 3.12 (15'4" x 10'2") - Velux style window, double radiator, En Suite - Jack and Jill style en suite accessed from both first floor bedrooms, velux style windows, low level WC, corner bath, radiator.
Bedroom 2 - 4.38 max x 4.81 max (14'4" max x 15'9" max ) - Velux style window, double radiator.
Externally - Externally there is a front forecourt and a generous rear yard Council Tax - The Council Tax Band is Band A. Tenure - We are advised by the Vendors that the property is Freehold.
Any prospective purchaser should clarify this with their Solicitor
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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
Agent & docs
FAQ
About Cromwell Street, Millfield, Sunderland
Explore nearby