2-bedroom house · SR8 3SB
Listing removedListed 113 days
Opportunity summary
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About
Situated on Bradley Street in the popular area of Easington Colliery, this two-bedroom mid-terraced house presents an excellent investment opportunity and is offered for sale via the I am sold auction process.
The property is being sold with a long-term sitting tenant currently paying £450 per calendar month, providing an immediate rental income for prospective landlords and investors.
The accommodation briefly comprises an entrance hall with staircase leading to the first-floor landing, creating a welcoming introduction to the home.
The ground floor offers a spacious living room which flows through an open archway into the kitchen/diner, creating a practical and sociable living space.
The kitchen/dining area provides ample room for both cooking and dining and benefits from a UPVC door giving access to the enclosed rear yard.
To the first floor, the landing provides access to two well-proportioned double bedrooms, both offering comfortable accommodation with space for a range of furnishings.
Completing the internal layout is a modern bathroom which has been recently refitted to a high standard, featuring contemporary fixtures and fittings to create a stylish and functional space.
Externally, the property benefits from an enclosed rear yard, providing a low-maintenance outdoor area.
The current owner has carried out a number of improvements, enhancing both the appeal and compliance of the property.
Additional benefits include a satisfactory Electrical Installation Condition Report (eicr) until 2031, a valid CP12 certificate, new fixed wired smoke alarms, and tasteful decoration throughout, ensuring the home is well presented and ready for continued tenancy.
Offered with a sitting tenant in place and generating an established rental income, this property represents an attractive turnkey investment opportunity in a popular residential location with strong rental demand.
Early interest is advised to avoid disappointment. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Hall UPVC Door, stairs leading to first floor landing Living Room 4.445m x 3.4798m - 14'7” x 11'5” Double glazed window to the front elevation, radiator, opening into kitchen/dining room Kitchen/Dining Room 4.3942m x 2.9972m - 14'5” x 9'10” Fitted with a range of wall and base units with complementing work surfaces, splash back tiling, stainless steel sink with drainer and mixer tap, gas hob, electric oven, extractor hood, radiator, spotlights to ceiling, double glazed window to the rear elevation, upvc door to the rear yard Landing Loft Access Bedroom One 4.4196m x 4.0894m - 14'6” x 13'5” Double glazed window to the front elevation, radiator Bedroom Two 3.0734m x 2.54m - 10'1” x 8'4” Double glazed window to the rear elevation, radiator Bathroom 2.9972m x 1.7526m - 9'10” x 5'9” Fitted with a 3 piece suite comprising of; Bath with overhead shower, vanity wash hand basin, low level w/c, heated towel rail, tiled walls, double glazed window to the rear elevation Outside Rear Yard
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About 25, Bradley Street, Easington Colliery
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