3 Bed Terraced House, Single Let, Sunderland, SR4 6BH, £100,000

Granville Street, Sunderland, SR4 6BH - a year ago

BTL
ROI: 10%
~102 m²
+10 photos

ValuationUndervalued

Sold Prices£33.5K - £162.5K
Sold Prices/m²£284/m² - £1.9K/m²

 

 

Square Metres

~102.40 m²
Price/m²£977/m²

Value Estimate

£105,595
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£700 - £3,500

Rent Estimate

£738

Running Costs/mo

£480

Cashflow/mo

£258

Cashflow/yr

£3,095

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £33.5K to £162.5K, average is £86K. £284/m² to £1.9K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£73.5K02/210.01 mi32, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£85K11/230.01 mi27, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£80K03/210.04 mi27, Westbury Street, Sunderland, Tyne And Wear SR4 6EF3
£92K09/230.07 mi60, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£85K07/210.07 mi9, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£72.5K03/210.07 mi69, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£100K10/230.11 mi2, St Marks Street, Sunderland, Tyne And Wear SR4 7BH3
£90K02/230.13 mi40, St Cuthberts Terrace, Sunderland, Tyne And Wear SR4 6BS3
£87K07/210.18 mi27, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£80K04/230.18 mi6, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£73K01/230.18 mi8, Violet Street, Sunderland, Tyne And Wear SR4 6AE3
£66K11/200.2 mi22, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£90K05/230.2 mi7, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£75K10/210.2 mi8, Harlow Street, Sunderland, Tyne And Wear SR4 7AR3
£130K02/210.2 mi39, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£144K11/210.2 mi38, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£121K06/230.23 mi18, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£125K03/220.23 mi41, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£72K06/230.23 mi23, Shepherd Street, Sunderland, Tyne And Wear SR4 6HA3
£71K05/210.28 mi9, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£96K03/230.28 mi33, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£100K02/240.29 mi5, Booth Street, Sunderland, Tyne And Wear SR4 6HT3
£75K06/210.29 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.3 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£75K06/210.3 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.3 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£108K04/230.31 mi34, Hylton Street, Sunderland, Tyne And Wear SR4 7DX3
£95K07/210.32 mi35, Howarth Street, Sunderland, Tyne And Wear SR4 7UT3
£68K03/230.33 mi68, Neville Road, Sunderland, Tyne And Wear SR4 6PU3
£76K04/210.36 mi8, Hylton Street, Sunderland, Tyne And Wear SR4 7DU3
£92K02/210.37 mi168, Chester Road, Sunderland, Tyne And Wear SR4 7EY3
£162.5K01/230.37 mi1, Broxbourne Terrace, Sunderland, Tyne And Wear SR4 7DT3
£105K02/230.38 mi3, Croft Avenue, Sunderland, Tyne And Wear SR4 7DP3
£68K12/200.4 mi28, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£97K11/230.4 mi33, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£107K11/230.41 mi77, Sorley Street, Sunderland, Tyne And Wear SR4 7UY3
£80K08/210.42 mi26, Chester Mews, Sunderland, Tyne And Wear SR4 7HX3
£75K10/200.43 mi16, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£33.5K07/230.43 mi36, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£71K04/210.43 mi6, The Knoll, Sunderland, Tyne And Wear SR2 7PL3
£82.5K07/230.48 mi25, Hutton Street, Sunderland, Tyne And Wear SR4 7HB3
£117K12/210.49 mi17, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU3
£90K06/230.49 mi12, Vale Street, Sunderland, Tyne And Wear SR4 7NB3
£139K12/200.51 mi30, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£120K07/210.51 mi19, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£70K01/210.51 mi26, Orchard Street, Sunderland, Tyne And Wear SR4 6QL3
£122K10/230.51 mi9, Cooperative Terrace, Sunderland, Tyne And Wear SR4 7JD3
£83K06/230.52 mi4, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£105K10/230.52 mi16, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£115K04/230.53 mi21, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF3

Local Rents

14 rents from £700/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£72509/240.19 miCromwell Street, Sunderland, SR43
£80011/230.22 mi-3
£85012/240.22 mi-3
£75003/250.23 mi-3
£85003/250.25 mi-3
£3,50003/250.31 mi-3
£70009/240.39 miBlackett Terrace, Millfield, Sunderland3
£85009/240.4 mi-3
£75003/250.51 mi-3
£87511/240.58 mi-3
£75007/240.58 mi-3
£87509/240.59 miGeneral Graham Street, Sunderland3
£87502/250.6 mi-3
£89509/240.62 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £100,000

February 19, 2024

Floor Plans

Description

  • No Onward Chain +
  • Two/Three Bedrooms +
  • En-Suite Shower Room +
  • Rear Yard +
  • On Street Parking +
  • Freehold +
  • Great Investment Opportunity +
  • Great Location +

The Property
NO ONWARD CHAIN

Introducing this inviting 3-bedroom terraced home nestled in a sought-after residential area.

Upon entry, the ground floor welcomes you with a spacious lounge, providing an ideal setting for relaxation and entertainment. Adjacent to the lounge is a well-equipped kitchen, offering functionality and style for culinary endeavors. Additionally, there's a utility space and a bathroom conveniently located on this level. A versatile double bedroom on the ground floor could easily serve as a second reception room, catering to various lifestyle needs.

Moving upstairs, you'll find two double bedrooms, one of which features an en-suite, providing comfort and convenience for residents.

Externally, the property boasts a rear yard, perfect for outdoor gatherings or leisure activities, along with a garage for added storage or parking convenience. Ample on-street parking ensures hassle-free accessibility for residents and visitors alike.

Located in a popular residential area, this charming home offers a blend of comfort, functionality, and convenience, making it an ideal choice for discerning buyers seeking a delightful living space.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Sunderland

020 3910 0894

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪