1-bedroom house · SR3 1BU
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IN NEED OF MODERNISATION - The property is located on York Street in Silksworth which offers convenient access to Sainsburys, Doxford International Business Park, the A19 and Sunderland City Centre is only a short car journey away.
The property internally briefly comprises a former 2 bed cottage that could be converted back by way of an inner wall: Entrance Hall, Living Room, Dining Area (formerly Bedroom 2) Kitchen, Bathroom and 1 Bedroom.
Externally there is a rear yard in addition to a separate front garden accessed from across the access street to the front of the property. There is. NO ONWARD CHAIN INVOLVED with the sale.
Viewing is highly recommended to fully appreciate the potential on offer. Entrance Hall - Radiator Bedroom 1 - Front facing, double glazed window, radiator.
Living Room - 4.23 x 3.45 (13'10" x 11'3") - Double glazed window, radiator.
Dining Area / Bedroom 2 - 2.13 x 3.20 (6'11" x 10'5") - Formerly Bedroom 2 and could be converted back by way of an inner wall between the living room and dining area, double glazed window, radiator, opening to the living room.
Kitchen - 2.45 x 3.39 (8'0" x 11'1") - Floor and wall units, sink and mixer tap, radiator, two double glazed windows, oven, hob, rear passage with door to the rear yard and storage cupboard.
Bathroom - Low level WC, pedestal basin, bath, radiator, double glazed window.
Externally - Externally there is a rear yard in addition to a separate front garden accessed from across the access street to the front of the property. 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
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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 York Street, Silksworth, Sunderland
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