2-bedroom flat · SR2 7EX
No longer listedListed 21 days
Opportunity summary
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About
Available to let from 5th November 2026 - well presented/part furnished 2 bedroom first floor apartment - good location - walking distance to city centre & park lane metro.
Good Life Homes are delighted to bring to the rental market an excellent, popular apartment located within an attractive Georgian style building within walking distance of the city center and main Park Lane Metro station providing good commuting access.
The apartment briefly comprises; secure entry to building and well-maintained common areas, stairs to first floor, private entry door to apartment, entrance hall and open plan kitchen, bathroom, generous lounge, 2 bedrooms.
Externally to the front and rear are well maintained shared gardens with ample on-street permit parking and a personal apartment-specific brick store to the rear allowing additional storage for each flat spacious enough to accommodate bicycles etc.
Viewing arrangements can be made by contacting our local office.
Introduction Available to let from 5th November 2026 - well presented/part furnished 2 bedroom first floor apartment - good location - walking distance to city centre & park lane metro.
External Front Secure entrance to main door leading into well maintained entrance hall. Staircase to first floor landing. First Floor Landing Secure entry door into apartment.
Entrance Hall Open plan kitchen with laminate tile-effect flooring, single radiator, wall mounted entry phone. 2 wooden frame single-glazed windows rear facing allowing lots of light into the space.
4 doors leading off; 1 to bathroom, 2 to bedrooms, 1 to lounge. Kitchen (9' 1'' x 11' 4'' (2.77m x 3.45m)) Measurements include the entrance hall.
Fitted kitchen with a range of floor and wall units in a medium wood-effect finish with contrasting work surface. Electric oven. Feature extractor chimney in stainless steel finish.
Sink with bowl and a half and Monobloc tap. Under bench fridge and washing machine.
Bedroom 1 (11' 4'' x 11' 4'' (3.45m x 3.45m)) Carpet flooring, 2 double radiators, 2 attractive Georgian style windows front facing. Built-in cupboard providing useful additional storage.
This is a good size double bedroom. Bathroom (6' 1'' x 5' 5'' (1.85m x 1.65m)) Tile flooring, single radiator, wooden framed single-glazed window rear facing.
White bathroom suite comprising; toilet with low level cistern, sink with single pedestal and chrome taps, bath with panel and chrome taps with electric shower over.
The walls are finished in a stone-effect ceramic tile.
Bedroom 2 (9' 2'' x 7' 6'' (2.79m x 2.28m)) Carpet flooring, single radiator, wooden framed single-glazed window rear facing with pleasant views over shared grounds. Wall mounted Combi boiler.
Including chair and bookcase.
Lounge (15' 4'' x 11' 4'' (4.67m x 3.45m)) Carpet flooring, 2 double radiators, 2 attractive Georgian style single-glazed windows front facing allows lots of light into the room.
Attractive fire surround with built-in fire. Sofa and foot stool, glass table. External Rear Well maintained communal grounds and each flat has a specific brick store allocated.
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
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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
About 7, Azalea Terrace South, Sunderland
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