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See how verdicts work3-bedroom terraced house · SR5 2SA
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented three-bedroom end terraced house located in the popular area of Sunderland.
Occupying the end plot, this is a turn-key property being sold with long term tenants in situ who have been in the property for 16 years.
The tenants are a family who are happy with the property, and its current condition. We have been informed that the rent upon completion of the sale will be £725pcm.
It is noted that minor compliance works will be required to keep up with current legislation. The ground floor comprises of an entrance porch, which in turn provides access to the hallway.
Walking through the hallway there is access to the staircase, kitchen and living room.
The living room is bright, spacious and well maintained, featuring laminate flooring, bay window, ceiling rose and cornicing.
The open plan kitchen dining room has a fitted kitchen, tiled splashbacks, an integrated oven and hob, a breakfast bar and access to the rear garden.
To the first floor there are three good sized bedrooms all of which are carpeted, and a family bathroom.
The bathroom comes with a heated towel rail, a three-piece bathroom suite including a WC, basin and tiled shower.
Externally there is a small gated garden to the front, and sizeable patio area that is enclosed by a fence to the rear.
Located in a popular residential area of Sunderland there is the full range of local amenities nearby.
As well as no shortage of transport links with Metro stations, great bus coverage, and easy access to the A1.
Providing excellent access to destinations across the North East, including all the main employment hubs, such as; Newcastle, Sunderland, Gateshead, Washington and Durham.
This means job opportunities such as engineering, hospitality, schools, university, catering and retail, are all on offer to residents.
Currently, Sunderland is undergoing massive regeneration projects and city centre development.
This presents an opportunity to purchase a desirable family home right in the middle of all that with long-standing tenants, and day-one cashflow. Council Tax Band: A Tenure: Freehold
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 James Armitage Street, Sunderland
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