2-bedroom bungalow · SR4 6QB
Let agreedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE NOW- WELL PRESENTED 2 BEDROOM MID TERRACE - CLOSE TO HOSPITAL & PALLION SHOPPING CENTRE - NICE LOCATION WITH OPEN ASPECT - AMPLE ON STREET PARKING TO FRONT … Good Life Homes are delighted to welcome to the market a well presented 2-bedroom mid terraced single storey ‘cottage’ within walking distance of the Royal Hospital.
Briefly comprising; entrance hall, 2 bedrooms, lounge, kitchen, bathroom, rear courtyard, ample on street parking to the front. Viewing arrangements can be made by contacting our local office.
Introduction - AVAILABLE NOW - WELL PRESENTED 2 BEDROOM MID TERRACE - CLOSE TO HOSPITAL & PALLION SHOPPING CENTRE - NICE LOCATION WITH OPEN ASPECT - AMPLE ON STREET PARKING TO FRONT Entrance Hall - Entrance via white uPVC double-glazed door.
Electric meter, new landlord compliant electric consumer unit. Single radiator. Door leading off to bedroom 1, door leading off to lounge. Bedroom 1 - 3.56m x 3.18m (11'8 x 10'5) - Double bedroom.
Laminate wood-effect flooring, double radiator, front facing white uPVC double-glazed window with roller blind, original fireplace with a painted surround. Lovely high ceilings.
Lounge - 3.89m x 3.58m (12'9 x 11'9) - Laminate wood-effect flooring, double radiator, rear facing white uPVC double-glazed window. Door leading off to kitchen, door leading off to bedroom 2.
Bedroom 2 - 3.58m x 1.98m (11'9 x 6'6) - Laminate wood-effect flooring, radiator, rear facing white uPVC double-glazed window.
Kitchen - 2.51m x 1.68m (8'3 x 5'6) - Compact but well presented kitchen with modern fitted units in a white high gloss finish with contrasting laminate wood-effect work surface, stainless steel sink with stainless steel hot and cold taps, under bench space and plumbing for washing machine, space for freestanding gas cooker, space for tall fridge/freezer.
Open plan to small rear lobby. Rear Lobby - White uPVC double-glazed window, wall mounted combi boiler (with valid landlord gas safety certificate) door leading off to bathroom.
Bathroom - 2.67m x 1.12m (8'9 x 3'8) - Vinyl wood-effect flooring, radiator, rear facing white uPVC double-glazed window.
Toilet with low level cistern, bath with chrome taps, sink with pedestal and chrome taps. UPVC ceiling. Externally - On street parking to the front.
Pedestrian gated access for refuse bins and potential for small outdoor seated area needed.
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
We're still gathering serviced-accommodation data for this area.
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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 Rutland Street, Pallion, Sunderland
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