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2 Bed Flat For Sale Roker Terrace, Sunderland, SR6

£234,950- Flat

Yield: 2.81%
1 of 1
Yield: 2.81%
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  • Rental Guide: £440 - £550
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Stunning First Floor Apartment
  • Superb Views Of The Sea, Beach And Pier
  • Large Lounge With Bay Window
  • Modern Fitted Kitchen
  • Luxury Bathroom Suite
  • 2 Bedrooms
  • Communal Gardens
  • Allocated Parking
  • Highly Recommended
Last Updated: 15th October 2020

Description

WITH A PRICE REDUCTION AS AN EARLY SALE IS REQUIRED. An extremely rare opportunity to purchase a beautiful and spacious luxury first floor apartment with exceptional views of the sea, beach and pier that we consider are the best in the area. The subject of a recent refurbishment this exceptional property now provides spacious and stunning accommodation with lovely fittings and finishes. It features a large lounge, a stylish fitted kitchen, two bedrooms and a luxury bathroom suite. This spacious and stylish home retains a host of original features perfectly blended with modern contemporary fittings of the highest standard. Internal inspection is unreservedly recommended to appreciate the size and quality of the accommodation on offer as well as the outstanding character and style of the communal entrance hall and staircase. Highly recommended and certain to impress. It comprises: Entrance hall, lounge, kitchen, 2 bedrooms, bathroom/wc, gas central heating, Upvc double glazing, carpets, allocated parking, private and communal gardens.

Crownville until recently provided a spectacular private residence with probably the best view of the sea front and beach in the vicinity. Now converted to provide 7 superb apartments it has become one of the landmark developments on the sea front with excellent proximity to local amenities and easy access to the sea front, with its range of restaurants and other facilities;  

Access through stunning entrance hall with stairs to first floor 

ENTRANCE HALL cloaks cupboard; entry phone; laminate flooring; downhlighters; radiator  

LOUNGE 16' 0" x 19' 8" (4.89m plus bay x 6.01m) Radiator
Through to kitchen 

KITCHEN 12' 1" x 5' 9" (3.69m x 1.77m) Comprehensive range of fitted wall and floor units having ample glass top working surface; 2 shelves above working surface; one and half bowl sink unit with mixer tap; built in electric oven; electric hob; extractor hood; integrated dishwasher; integrated fridge; integrated freezer; integrated washing machine; tiled splashback; laminate flooring; radiator  

BEDROOM 1 13' 1" x 12' 1" (4.01m x 3.70m) Radiator  

BEDROOM 2 9' 2" x 8' 2" (2.80m x 2.50m) Built in cupboard with Vokera combi boiler and hanging rail; radiator  

BATHROOM/WC Panel bath with rainfall type shower over and shower screen; vanity wash hand basin with cupboard beneath and large mirror over; low level wc; (white suite) extractor fan; partly tiled walls; tiled floor; spotlights; vertical feature radiator  

Extras (Included in price): All fitted carpets, blinds and light fittings

Entryphone system

Gas central heating (combi type)

Communal gardens to front and rear

Allocated parking space with additional visitor parking in car park to rear. Access to car park from rear through electrically operated roller shutter

EPC Rating C

We understand that the property is leasehold

Viewing By appointment through this office

 

Please Note:

These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information. The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property. Where reference is made to the tenure details of the property, this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.

Please note that the services and appliances in the property have not been tested. Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.

Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings. Plans and floor plans are for identification purposes only and are not to scale. 
Agent Details
Alfred Pallas
64, Sea Road, Sunderland, SR6 9DB
Show Contact Number
0191 548 2166
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
2.4

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£7,049
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.2

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 Bedroom properties in “SR6” are mostly listed between £440 - £550. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested