St. Bedes Terrace, Sunderland, SR2 8HS

Property Overview

A deceptively spacious first-floor, one-bedroom leasehold apartment conversion at St. Bedes Terrace, Sunderland, SR2 8HS. The property is offered with no onward chain and is described as having no service charge. It benefits from combi gas central heating, a communal front garden, shared rear yard and an allocated brick store.

Accommodation

• First-floor apartment
• Lounge/diner
• Fitted kitchen
• One bedroom
• Rear hallway with storage cupboard
• Shower room
• Communal front garden and communal rear yard with allocated brick storage

Location

Situated on the outskirts of Sunderland City Centre, on a private road within a conservation area. Local shops, restaurants and banking services are accessible, with Park Lane Interchange and Sunderland Train Station within walking distance.

Tenure & Key Information

• Tenure: Leasehold
• Lease: 200 years from 24 November 1975
• Ground rent: £2.50
• EPC: D
• Council Tax: Band B
• Heating: Combi gas central heating
• Services: Seller advises mains gas, electricity, water and sewerage are provided
• Occupancy status: Not stated

Auction & Buyer Charges

• Guide Price: £60,000+
• Auction date: 30 September 2026
• Administration charge: Option 2 terms state £2,400 + VAT; Disclaimer 2 states a £2,000 + VAT auction administration fee, totalling £2,400
• Deposit: £3,000 under Option 2 terms, deducted from the purchase price
• Buyer premium: Not supplied

Investment Analysis

HB estimated GDV: £87,000, using the most recent same-terrace completed sale as the primary reference. The £94,000 2025 sale provides an upper indication. The £248,874 transaction is treated as an unreliable outlier given the other same-day sales of £79,063 and £85,938.

• HB estimated refurbishment allowance: Not supplied
• HB estimated rent range: £375 pcm to £650 pcm
• HB estimated gross yield range: 5.17% to 8.97%
• HB estimated maximum bid: £60,000
• At the maximum bid, the known administration fee produces at least £62,400 including the known administration fee
• At the maximum bid, HB estimates an estimated gross yield range of approximately 6.25% to 13.00% on the £60,000 hammer price, before other ownership and financing costs

The £375 pcm figure is advertised rental evidence, not achieved or passing rent. The £7,800 per annum figure is an auctioneer estimate, not passing rent. HB figures are estimates and not formal valuations.

Sold Comparables

Address	Sale Price	Sale Date	Type	Tenure
13, St Bedes Terrace, Sunderland, SR2 8HS	£87,000	27 February 2026	Flat/Maisonette	Leasehold
13, St Bedes Terrace, Sunderland, SR2 8HS	£94,000	23 May 2025	Flat/Maisonette	Leasehold
6, St Bedes Terrace, Sunderland, SR2 8HS	£85,938	10 January 2023	Flat/Maisonette	Leasehold
6, St Bedes Terrace, Sunderland, SR2 8HS	£248,874	10 January 2023	Flat/Maisonette	Leasehold
6, St Bedes Terrace, Sunderland, SR2 8HS	£79,063	10 January 2023	Flat/Maisonette	Leasehold

Source: HM Land Registry sold data supplied for the comparable properties.

Rental Evidence

• Advertised asking rent: £375 pcm for a one-bedroom ground flat at Azalea Terrace North, Sunderland, SR2 7ES
• Auctioneer estimated rent: £7,800 per annum

The £375 pcm figure is an advertised asking rent and not an achieved or passing rent. The £7,800 annual figure is an auctioneer estimate and not passing rent.

Strategy & Risks

HB recommends treating £60,000 as a maximum hammer bid based on the guide price and available evidence. Proceed only after confirming the lease terms, service charges, condition, exact apartment identity and achievable rent.

• Subject apartment size, condition and exact unit are not supplied.
• Lease length, ground rent, service charge and other lease obligations require confirmation.
• The property description states no service charge, but service charge arrangements should be confirmed.
• The £375 pcm figure is advertised asking rent, not achieved rent.
• The £7,800 annual rental figure is an auctioneer estimate, not passing rent.
• Buyer premium and refurbishment costs are not supplied.
• Comparable sale evidence includes a materially inconsistent £248,874 outlier.
• Occupancy status is not stated.