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See how verdicts work2-bedroom flat · SR6 0PH
Sold STCReduced £9.9k (−3.8%) on 24 MayListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to purchase a fantastic 2 bed third (second) floor apartment situated in a front line position on South Cliff, Roker Terrace commanding stunning sea, pier and and coastal views in addition to many beaches, attractions, bars, restaurants and cafés as well as superb commuting links to the regions towns and cities.
The internal living space will not fail to impress all who views briefly comprising of: Entrance Hall, Living Room / Dining Room that opens to the Kitchen, Shower Room and 2 Bedrooms.
Externally to the front there are communal gardens and courtyard parking whilst to the rear there are additional communal gardens and a garage in a block.
Viewing is highly recommended to fully appreciate the apartment and location on offer.
Entrance Hall - The entrance hall has a laminate floor, electric radiator, telephone door entry system, storage cupboard.
Living Room / Dining Room - 6.05 max x 5.54 max (19'10" max x 18'2" max) - An open plan living / dining room spanning g the full width of the apartment having a large double glazed window that enjoys stunning views over the seafront, piers and beautiful coastline, wood strip flood, two electric radiators, modern inset electric fire, opening to the kitchen.
Kitchen - 3.00 x 3.02 (9'10" x 9'10") - The kitchen has a range of floor and wall units, tiled splashback, electric oven, electric hob with extractor over, plumbed for washer, stainless steel sink and drainer, breakfast bar, tiled floor around the kitchen area.
Bedroom 1 - 3.01 x 5.39 (9'10" x 17'8") - Rear facing, double glazed window, mirror fronted wardrobes.
Bedroom 2 - 2.76 x 5.37 (9'0" x 17'7") - Rear facing double glazed window, mirror fronted fitted wardrobes.
Shower Room - Modern white suite comprising of a low level WC and a wash hand basin with mixer tap sat on a vanity unit.
two double glazed windows, towels radiator, tiled walls and floor, corner shower cubicle. Garage - Single garage in a block to the rear of the property.
Parking - Courtyard parking to the front and rear of the property, not allocated. Communal Gardens - There are communal gardens to the front and rear elevation of the property.
Council Tax - The Council Tax Band is Band C. Tenure - We are advised by the Vendors that the property is held on a long leasehold basis for a term of 999 years from 1st March 1961.
The purchaser will also form part of the management company that owns the freehold making a 1/8th share. 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
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FAQ
About South Cliff, Roker Terrace, Sunderland
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