Summary - APARTMENT 4, THE ATHENAEUM, 27 FAWCETT STREET SR1 1RE
2 bed 1 bath Apartment
Affordable central living ideal for first-time buyers or buy-to-let investors.
Chain-free two-bedroom apartment, approximately 732 sq ft
Central Sunderland location; walking distance to train and metro
Leasehold with 104 years remaining
Service charge around £2,464.63 per year (current year not confirmed)
EPC rating D; stone walls assumed uninsulated
Secondary glazing fitted; mains gas boiler and radiators
Very high local crime rate; area is very deprived
Very slow broadband speeds may affect home working
Set on the second floor of The Athenaeum, this two-bedroom apartment offers an affordable city‑centre entry for first-time buyers. The conversion retains Victorian character externally while the interior is finished in a contemporary style, creating an easy-to-live-in home close to shops, bars and public transport. The property is sold chain-free and has around 732 sq ft of accommodation.
Practical details matter: the lease has 104 years remaining and the current service charge is about £2,464.63 per year. Heating is mains gas via a boiler and radiators; windows are secondary glazed. The Energy Performance Certificate is D and the building’s stone walls are assumed to have no insulation, which may affect running costs and comfort in colder months.
Location is a clear strength — walking distance to Sunderland Train and Metro stations and surrounded by amenities — but the area has very high recorded crime and very slow broadband speeds. These factors suit buyers prioritising central convenience and rental potential more than quiet suburban living or high-speed connectivity.
This apartment will suit a buyer wanting immediate city-centre living or a landlord seeking an investment with decent tenant demand from students and professionals. Some cosmetic or thermal improvements could increase comfort and long-term value; prospective purchasers should confirm lease details and current service charge arrangements with their solicitor.
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