No rent data on file — verify locally before offering.
Why it works
Priced below market -38% vs 12 nearby sold (last 12 mo) — instant equity
Long lease (243 yrs) — no short-lease drag
Why to be cautious
EPC D — must hit C by 2030 (~£3,000–£7,000)
Auction lot — bridging-only finance, 28-day completion
Service charge unknown — could swing £100-300/mo
Monthly profit −£489/mo — significantly negative — real recurring drain
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
Monthly cashflow
−£489/mo
You top up £489/mo
Price vs market
Below market value
-38% vs 12 sold · interior unseen
Return · IRR
—
Not modelled
Cash left in
£11K
Stays in after refinancing at value
Price £29KCash to buy £24K5-yr return on cash -129%
How we define each return:On price — gross yield = annual rent ÷ purchase price.On cost — net yield ÷ total project cost (price + refurb + fees).On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).
Listing seen …
What-if calculator
Edit any input — outputs recalc liveRates as of 20 May 2026
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
No rent data — verify locally
Financing
DepositYour cash in — the rest is the mortgage25% · £7,250
5%100% (cash buy)
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
3.0%9.0%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
Mortgage term (years)
Stress rate6.5%
5.0%9.0%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Capped at 40% of £29,000 asking (£11,600). Raw model: £23,533–£43,185. Verify with a surveyor before offering.
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £21,750 loan + £1,000 booking fee
Cladding safety certificateNot stated on the listingHeritageNot stated on the listing
Heritage& planning constraintsNHLE register
We don't ingest the NHLE bulk register, so we can't flag listed-building or conservation-area status for this address from our data alone. Use the official registry to verify before exchanging.
Not applicable · Other independent special school · SR1 1QH
Not rated
Ofsted · postcode-area match. Catchment areas vary year to year — verify with the local council before relying for school admissions.
Tax treatment
-£5,869/yr kept
Annual gross rent£0
Section 24 credit£0
Annual tax due£0
Post-tax Monthly profitannual-£5,869
Exit costs
-£30,721 after CGT
Projected sale price (5y · 2%/yr growth)£32,018
Capital gain (pre-CGT)£3,018
Sale costs (~2.5%)£800
CGT due (Ltd Co 25%)£0
No personal CGT — the gain is taxed at the company level (corporation tax) when the SPV disposes of the property.
Net 5y Monthly profitafter CGT-£30,721
Rates as of Oct 2024
Acquisition costs
£23,735cash needed
Purchase price£29,000
Deposit (25%)£7,250
Stamp duty+5% additional-property surcharge£1,450
Refurb£11,600
Legal + survey£2,000
Mortgage fees£1,435
Total cash neededdeposit + costs (loan covers the rest)£23,735
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
About this propertydescription · zoopla
Description& agent copyZoopla
Summary
3 Property portfolio, to be sold via auction Terms and conditions apply
Pattinson estate agents are delighted to offer a fantastic investment opportunity to acquire a portfolio of three modern apartments within the highly sought-after Horizon House development in the heart of Sunderland City Centre.
This portfolio is being offered with a strategic mix of immediate rental income and capital appreciation potential, making it an ideal addition for seasoned investors…
Priced below market -38% vs 12 nearby sold (last 12 mo)
Energy rating D — must hit C by 2030 (~£3,000–£7,000)
Chain free
Price
£29K
38% below sold comps
Return before costs
—
rent unknown
Bedrooms
—
— bath
Energy rating
D
Energy rating
Deal flags2 issues
Auction
Guide price — assume +20-30% in the room
EPC D — upgrade by 2030
Must reach EPC C by 2030 to let on a new tenancy
Run the numbers
Each tab prefills
What-if calculator
Edit any input — outputs recalc liveRates as of 20 May 2026
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
No rent data — verify locally
Financing
DepositYour cash in — the rest is the mortgage25% · £7,250
5%100% (cash buy)
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
3.0%9.0%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
Mortgage term (years)
Stress rate6.5%
5.0%9.0%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Capped at 40% of £29,000 asking (£11,600). Raw model: £23,533–£43,185. Verify with a surveyor before offering.
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £21,750 loan + £1,000 booking fee
Rent by the room feasibilityMin 3 beds for C4 routeBelow threshold
Sale typeGuide price — assume +20-30% in the roomAuction
Comparables
sold within 0.5 mi
Wide · CV 100.9%Med confidence
Loading nearby sold…
Location & transport
Score 100/100
Loading map…
PropertySchoolsUniversitiesStationsArticle 4
Transport detail not loaded for this property.
Tax & exit
Ltd Co
Tax bandLtd Co 25%
Mortgage-interest tax rule credit£283
Annual rental tax£0
CGT yr 5£0 · company level
5y net total-£30,721
Acquisition costs
£24K
25% deposit£7,250
Stamp duty£1,450
Refurb£11,600
Legal + survey£2,000
Mortgage + broker£1,435
Cash needed£23,735
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
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Pro analysis — outcome range, stress tests & portfolio impact
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Description& agent copyZoopla
Summary
3 Property portfolio, to be sold via auction Terms and conditions apply
Pattinson estate agents are delighted to offer a fantastic investment opportunity to acquire a portfolio of three modern apartments within the highly sought-after Horizon House development in the heart of Sunderland City Centre.
This portfolio is being offered with a strategic mix of immediate rental income and capital appreciation potential, making it an ideal addition for seasoned investors…