The Post Office, West Sunniside, Sunderland
Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 88.1% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
Property Details
- Asking Price
- £92,500
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Est. Floor Area
- 709 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 4/10Behavioural signals: Below market valueTenanted investment
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £288 |
| ICR (actual) | 2.6x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £92,500 |
| Deposit (25% — 75% LTV) | £23,125 |
| SDLT (additional property, 5% surcharge) | £4,625 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £30,749 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £92,500 | Loan (75% LTV) | £69,375 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £318 |
| Rent needed (1.5×) | £477/mo | Estimated rent | £750/mo |
| Stress ratio | 2.36× (need ≥ 1.5×) +£273 surplus | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,114 |
| SA net/mo | £830 |
| BTL est./mo | £750 |
| SA vs BTL uplift | +£364/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £99,612 | +£7,112 | £26,256 | +£3,131 (3.4%) |
| 5 years | £104,655 | +£12,155 | £30,013 | +£6,888 (7.4%) |
| 7 years | £109,953 | +£17,453 | £33,960 | +£10,835 (11.7%) |
Projections: 2.5% pa HPI, 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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Location
Comparable Sales in SR1 1
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| APARTMENT 18, BISCOP HOUSE, VILLIERS STREET, SR1 1ER | Flat | 2 | £48,000 | £68 | 26/02/26 | 0.11 mi |
| APARTMENT 6, BISCOP HOUSE, VILLIERS STREET, SR1 1ER | Flat | 2 | £45,000 | £70 | 26/02/26 | 0.11 mi |
| APARTMENT 46, ECHO BUILDING, WEST WEAR STREET, SR1 1XD | Flat | 2 | £42,000 | £50 | 06/02/26 | 0.17 mi |
| APARTMENT 134, ECHO BUILDING, WEST WEAR STREET, SR1 1XH | Flat | 2 | £31,000 | £37 | 20/01/26 | 0.17 mi |
| APARTMENT 907, HORIZON HOUSE, BOROUGH ROAD, SR1 1HS | Flat | 0 | £66,500 | ⚠ £386 | 14/01/26 | 0.17 mi |
| APARTMENT 3, BISCOP HOUSE, VILLIERS STREET, SR1 1ER | Flat | 2 | £48,000 | £72 | 12/12/25 | 0.11 mi |
| APARTMENT 3, BISCOP HOUSE, VILLIERS STREET, SR1 1ER | Flat | 2 | £4,800,000 | ⚠ £7192 | 12/12/25 | 0.11 mi |
| APARTMENT 168, ECHO BUILDING, WEST WEAR STREET, SR1 1XH | Flat | 2 | £72,000 | £85 | 28/11/25 | 0.17 mi |
| FLAT 39, JAMESON HOUSE, 15 - 17, JOHN STREET, SR1 1AG | Flat | 0 | £26,000 | £121 | 25/11/25 | < 0.1 mi |
| FLAT 39, JAMESON HOUSE, 15 - 17, JOHN STREET, SR1 1AG | Flat | 0 | £2,600,000 | ⚠ £12076 | 25/11/25 | < 0.1 mi |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
CV = 198.2% (threshold: 40%). Comparable prices in SR1 1 vary widely. This benchmark may not reliably represent this property’s value. Consider an independent RICS valuation before proceeding.
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £9,000 | £95,275 | £6,035 | £2,566 | £5,341 | 16.8% |
| Yr 3 | £9,456 | £101,077 | £6,363 | £8,189 | £16,767 | 52.6% |
| Yr 5 | £9,935 | £107,233 | £6,708 | £14,493 | £29,226 | 91.8% |
| Yr 10 | £11,240 | £124,312 | £7,648 | £33,462 | £65,275 | 204.9% |
| Yr 15 | £12,717 | £144,112 | £8,711 | £57,496 | £109,108 | 342.6% |
| Yr 20 | £14,388 | £167,065 | £9,915 | £87,259 | £161,824 | 508.1% |
| Yr 25 | £16,279 | £193,674 | £11,276 | £123,505 | £224,679 | 705.4% |
| Yr 30 | £18,418 | £224,522 | £12,816 | £167,085 | £299,107 | 939.1% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
🌎 Area Profile — SR1 1 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 8.3% | 4.9% | £2 | -4.3% |
| Conservative | £698 | 9.0% | 5.9% | £133 | 5.5% |
| Base | £750 | 9.7% | 6.5% | £214 | 9.7% |
| Optimistic | £810 | 10.5% | 7.3% | £302 | 14.5% |
| Bull | £885 | 11.5% | 8.2% | £404 | 20.6% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.73% |
| Net Yield | ●6.52% |
| Net Annual Income | £6,035 |
| Deductions: void 8% (−£720) · mgmt 10% (−£900) · maint 10% (−£900) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £288 |
| Monthly Cashflow (IO) | ●£215 |
| Cash-on-Cash Return | ●8.06% |
| 5-Year IRR | ●9.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,625 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,625 |
| Section 24 Extra Tax/yr (higher rate) | £694 |
| SPV Annual Saving | £1,544 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £107,233 |
| Less: Purchase Price | −£92,500 |
| Less: Buying Costs (SDLT + legal) | −£7,225 |
| Less: Selling Costs (est. 2.5%) | −£2,681 |
| = CGT Net Gain (5yr) | £4,827 |
| CGT at 24% | £438 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £638 | 8.3% | 4.9% | £2 | -4.3% |
| Conservative | £698 | 9.0% | 5.9% | £133 | 5.5% |
| Base | £750 | 9.7% | 6.5% | £214 | 9.7% |
| Optimistic | £810 | 10.5% | 7.3% | £302 | 14.5% |
| Bull | £885 | 11.5% | 8.2% | £404 | 20.6% |