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 work2-bedroom terraced house · SR5 2AW
Listing removedListed 124 daysAuction 2 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION ON 1ST–2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
12 South Terrace, Sunderland, SR5 2AW An excellent opportunity to acquire a tenanted two-bedroom mid-terrace property, situated within the established residential area of Southwick, Sunderland, currently generating an income of £675 per calendar month (£8,100 per annum).
The property will appeal to buy-to-let investors seeking a straightforward income-producing asset, with a sitting tenant already in place.
The accommodation comprises an entrance vestibule, living room, kitchen/diner, utility room and ground-floor bathroom. To the first floor are two double bedrooms.
Externally, the property benefits from an enclosed rear yard.
Southwick is located to the north of Sunderland city centre and offers a range of local amenities, including shops, supermarkets, schools and recreational facilities.
The area is well connected by regular bus services and convenient road links towards Sunderland city centre, the A19 and the wider regional road network.
The property will appeal to investors looking to add a ready-made rental property to an existing portfolio, or those seeking an entry-level buy-to-let opportunity.
Please note: Internal photographs have been supplied by the client. Edward Mellor has not inspected the property and cannot verify its current condition.
Prospective purchasers must rely on their own inspections and enquiries before bidding.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 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
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FAQ
About 12, South Terrace, Sunderland
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