2 Bed Flat, Single Let, Sunderland, SR6 0QD, £124,950





ValuationOvervalued
Sold Prices | £35K - £240K |
Sold Prices/m² | £808/m² - £3.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.8K/m² |
Value Estimate | £113,129£113,129 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £31,238£31,238 |
Stamp Duty & Legal Fees | £4,949£4,949 |
Total Cash In | £36,186£36,186 |
| |
Cash Out | |
Rent Range | £650 - £2,000£650 - £2,000 |
Rent Estimate | £731 |
Running Costs/mo | £557£557 |
Cashflow/mo | £174£174 |
Cashflow/yr | £2,092£2,092 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £35K to £240K, average is £102K. £808/m² to £3.4K/m², average is £1.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£125.3K | 02/24 | 0.05 mi | 22, Topcliff, Sunderland, Tyne And Wear SR6 0QD | - | - | 2 | Flat | |
£125K | 08/22 | 0.06 mi | 35, Topcliff, Sunderland, Tyne And Wear SR6 0QD | - | - | 2 | Flat | |
£74K | 07/21 | 0.08 mi | 45, Hampden Road, Sunderland, Tyne And Wear SR6 9QH | £1,042 | 71 | 2 | Flat | |
£147.5K | 08/22 | 0.23 mi | 15, Haven Court, Sunderland, Tyne And Wear SR6 0RL | £2,305 | 64 | 2 | Flat | |
£148.5K | 07/24 | 0.24 mi | 5, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ | - | - | 2 | Flat | |
£149K | 08/23 | 0.24 mi | 10, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ | £2,153 | 69 | 2 | Flat | |
£135K | 06/22 | 0.25 mi | 7, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ | £2,250 | 60 | 2 | Flat | |
£97.5K | 03/21 | 0.31 mi | 35, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN | £1,773 | 55 | 2 | Flat | |
£97.5K | 03/21 | 0.31 mi | 35, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN | £1,773 | 55 | 2 | Flat | |
£240K | 10/22 | 0.31 mi | 16, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN | - | - | 2 | Flat | |
£122K | 04/23 | 0.31 mi | 37, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN | £2,076 | 59 | 2 | Flat | |
£151K | 01/23 | 0.31 mi | 36, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN | £2,475 | 61 | 2 | Flat | |
£163.5K | 04/24 | 0.35 mi | 8, Wheatsheaf Court, Sunderland, Tyne And Wear SR6 0RF | - | - | 2 | Flat | |
£225K | 09/21 | 0.39 mi | 14, Hallgarth Court, Sunderland, Tyne And Wear SR6 0RG | £2,184 | 103 | 2 | Flat | |
£150.5K | 01/24 | 0.39 mi | 37, Hallgarth Court, Sunderland, Tyne And Wear SR6 0RG | - | - | 2 | Flat | |
£55K | 03/23 | 0.4 mi | 84, Howick Park, Sunderland, Tyne And Wear SR6 0DE | £808 | 68 | 2 | Flat | |
£71K | 06/23 | 0.4 mi | 82, Howick Park, Sunderland, Tyne And Wear SR6 0DE | £1,044 | 68 | 2 | Flat | |
£65K | 11/22 | 0.4 mi | 80, Howick Park, Sunderland, Tyne And Wear SR6 0DE | £1,000 | 65 | 2 | Flat | |
£191K | 07/22 | 0.43 mi | 9, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD | £3,351 | 57 | 2 | Flat | |
£173K | 06/21 | 0.45 mi | 24, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD | £2,703 | 64 | 2 | Flat | |
£157K | 06/24 | 0.45 mi | 11, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD | - | - | 2 | Flat | |
£148.8K | 06/24 | 0.45 mi | 27, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD | - | - | 2 | Flat | |
£106K | 12/20 | 0.47 mi | 7 Bonners Raff, Chandlers Road, Sunderland, Tyne And Wear SR6 0AD | £1,309 | 81 | 2 | Flat | |
£175K | 02/24 | 0.49 mi | 18, Liddell Court, Sunderland, Tyne And Wear SR6 0RH | - | - | 2 | Flat | |
£170K | 11/20 | 0.49 mi | 12, Liddell Court, Sunderland, Tyne And Wear SR6 0RH | £2,801 | 61 | 2 | Flat | |
£177K | 11/23 | 0.49 mi | 15, Liddell Court, Sunderland, Tyne And Wear SR6 0RH | £1,924 | 92 | 2 | Flat | |
£77K | 06/23 | 0.49 mi | 102a, Gladstone Street, Sunderland, Tyne And Wear SR6 0JA | £1,203 | 64 | 2 | Flat | |
£159.9K | 03/23 | 0.5 mi | 33, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA | £2,666 | 60 | 2 | Flat | |
£100K | 02/23 | 0.52 mi | 24, Association Road, Sunderland, Tyne And Wear SR6 9QG | £1,908 | 52 | 2 | Flat | |
£105K | 09/22 | 0.52 mi | 25, Association Road, Sunderland, Tyne And Wear SR6 9QG | £1,842 | 57 | 2 | Flat | |
£94K | 07/21 | 0.53 mi | 71, Bede Street, Sunderland, Tyne And Wear SR6 0NT | £839 | 112 | 2 | Flat | |
£103K | 02/21 | 0.53 mi | 69, Bede Street, Sunderland, Tyne And Wear SR6 0NT | £1,304 | 79 | 2 | Flat | |
£84K | 04/21 | 0.55 mi | 22, Turnstile Mews, Sunderland, Tyne And Wear SR6 9TP | £1,585 | 53 | 2 | Flat | |
£65K | 12/21 | 0.55 mi | Apartment 6, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XD | - | - | 2 | Flat | |
£35K | 10/23 | 0.56 mi | Apartment 11, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XD | - | - | 2 | Flat | |
£58.5K | 08/23 | 0.56 mi | Apartment 92, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XH | - | - | 2 | Flat | |
£50K | 11/22 | 0.57 mi | Apartment 19, Biscop House, Villiers Street, Sunderland, Tyne And Wear SR1 1ER | - | - | 2 | Flat | |
£115K | 10/23 | 0.57 mi | 12, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ | - | - | 2 | Flat | |
£101K | 09/22 | 0.59 mi | 16, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR | £1,697 | 60 | 2 | Flat | |
£86K | 04/21 | 0.59 mi | 19, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR | £1,682 | 51 | 2 | Flat | |
£74K | 07/21 | 0.59 mi | 43, Hampden Road, Sunderland, Tyne And Wear SR6 9QH | £949 | 78 | 2 | Flat | |
£75.5K | 11/20 | 0.6 mi | 17, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA | £1,094 | 69 | 2 | Flat | |
£69K | 03/23 | 0.61 mi | 29, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA | £1,131 | 61 | 2 | Flat | |
£70K | 01/21 | 0.61 mi | 15, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA | £1,000 | 70 | 2 | Flat | |
£72K | 12/23 | 0.62 mi | 10, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ | £1,220 | 59 | 2 | Flat | |
£82.5K | 01/21 | 0.62 mi | 26, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ | £1,100 | 75 | 2 | Flat | |
£83K | 08/23 | 0.63 mi | 1, Westburn Terrace, Sunderland, Tyne And Wear SR6 9RB | £1,153 | 72 | 2 | Flat | |
£101K | 10/21 | 0.67 mi | 12, Foyle Street, Sunderland, Tyne And Wear SR1 1LB | - | - | 2 | Flat | |
£101K | 10/21 | 0.68 mi | 12, Foyle Street, Sunderland, Tyne And Wear SR1 1LB | - | - | 2 | Flat | |
£118K | 07/22 | 0.79 mi | 13, Park Gate, Sunderland, Tyne And Wear SR6 9PW | £1,640 | 72 | 2 | Flat |
Local Rents
50 rents from £650/mo to £2K/mo, average is £850/mo.
Rent | Date | Distance | Address | Beds | Type | |
£725 | 09/24 | 0.06 mi | Topcliff | 2 | Flat | |
£700 | 08/24 | 0.25 mi | - | 2 | Flat | |
£850 | 09/24 | 0.26 mi | Beacon Drive, North Haven, Sunderland | 2 | Flat | |
£650 | 09/24 | 0.32 mi | River View, Sunderland, SR1 | 2 | Flat | |
£700 | 09/24 | 0.32 mi | - | 2 | Flat | |
£800 | 09/24 | 0.33 mi | River View, Sunderland | 2 | Flat | |
£750 | 03/25 | 0.34 mi | - | 2 | Terraced House | |
£650 | 09/24 | 0.34 mi | River View, Quayside, Sunderland, SR1 | 2 | Flat | |
£750 | 09/24 | 0.37 mi | Hartington Street, Sunderland, Tyne and Wear, SR6 | 2 | Terraced House | |
£750 | 08/24 | 0.38 mi | - | 2 | Flat | |
£875 | 09/24 | 0.39 mi | Hallgarth Court, North Haven | 2 | Flat | |
£1,800 | 08/24 | 0.43 mi | - | 2 | Flat | |
£1,250 | 03/25 | 0.43 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.44 mi | - | 2 | Flat | |
£1,750 | 03/25 | 0.44 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.44 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.44 mi | - | 2 | Flat | |
£900 | 08/24 | 0.45 mi | - | 2 | Flat | |
£800 | 09/24 | 0.47 mi | - | 2 | Flat | |
£800 | 09/24 | 0.47 mi | Bonners Raff, Sunderland, SR6 | 2 | Flat | |
£875 | 09/24 | 0.48 mi | Liddell Court, Sunderland | 2 | Flat | |
£800 | 09/24 | 0.48 mi | West Wear Street, Sunderland, Tyne and Wear, SR1 | 2 | Flat | |
£800 | 09/24 | 0.49 mi | Echo Building, Tyne & Wear, City Centre, Sunderland, SR1 | 2 | Flat | |
£950 | 07/24 | 0.49 mi | - | 2 | Flat | |
£950 | 07/24 | 0.49 mi | - | 2 | Flat | |
£1,050 | 01/25 | 0.49 mi | - | 2 | Flat | |
£950 | 09/24 | 0.5 mi | Ashberry Grove, Roker | 2 | Flat | |
£895 | 09/24 | 0.51 mi | Echo Building, West Wear Street, Sunderland, SR1 | 2 | Flat | |
£850 | 04/25 | 0.53 mi | - | 2 | Flat | |
£890 | 02/24 | 0.54 mi | - | 2 | Flat | |
£1,000 | 09/24 | 0.54 mi | River Quarter, William Street, Sunderland, SR1 | 2 | Flat | |
£750 | 09/24 | 0.55 mi | Echo Building, West Wear Street, Sunderland, SR1 | 2 | Flat | |
£800 | 09/24 | 0.55 mi | Echo Building, City Centre, Sunderland, SR1 | 2 | Flat | |
£1,100 | 09/24 | 0.55 mi | Echo Building, West Wear Street, Sunderland, SR1 | 2 | Flat | |
£809 | 09/24 | 0.55 mi | West Wear Street, Sunderland, SR1 | 2 | Flat | |
£830 | 09/24 | 0.55 mi | Echo Building, West Wear Street, Sunderland, SR1 | 2 | Flat | |
£895 | 09/24 | 0.55 mi | Echo Building, West Wear Street, Sunderland, SR1 | 2 | Flat | |
£850 | 03/25 | 0.55 mi | - | 2 | Flat | |
£875 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£775 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£800 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£800 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£800 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£850 | 09/24 | 0.55 mi | West Wear Street, Sunderland | 2 | Flat | |
£750 | 09/24 | 0.56 mi | Norfolk Street, Sunniside, Sunderland, SR1 | 2 | Flat | |
£750 | 09/24 | 0.56 mi | Norfolk Street, Sunniside, Sunderland, SR1 | 2 | Flat | |
£1,000 | 09/24 | 0.56 mi | Norfolk Street Student Accommodation, City Centre, Sunderland, SR1 | 2 | Flat | |
£850 | 09/24 | 0.56 mi | Echo Building, City Centre, SUNDERLAND, SR1 | 2 | Flat | |
£850 | 09/24 | 0.56 mi | - | 2 | Flat | |
£900 | 09/24 | 0.58 mi | Bonners Raff, Chandlers Road, SUNDERLAND, SR6 | 2 | Flat |
Local Area Statistics
Population in SR6 | 30,26830,268 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 2.07 miles away2.07 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.66 miles away0.66 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | +29%+29% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +19%+19% |
Property History
Listed for £124,950
April 18, 2024
Description
- Riverside location, ideal for city access. +
- Close to universities, schools, and seafront. +
- Stunning river views from UPVC windows. +
- Efficient combi gas central heating included. +
- Secure entry system and residents parking available. +
- Spacious open-plan lounge and diner layout. +
- Reference: 444498 +
- The property is Leasehold with a term of 99 Years from 1st April 1992 subject to an annual ground rent of a peppercorn. +
This first floor, two double bedroom apartment is located on a sought after Riverside Development at the head of a cul-de-sac. Ideally located for all amenities including: Sunderland University, St Peter's campus, river walks, the sea front, in close proximity to schools and boasts good transport links to Sunderland city centre and wider road networks. Perfect for those looking to get on the housing market and professionals alike.
Benefits of this property is an outstanding view over the river and across towards the pier, UPVC double glazed windows, combi gas central heating, open plan lounge and diner, secure entry system and residents parking. This property briefly comprises of: a communal entrance door and hallway with stairs to the first floo,in the flat is a lounge, kitchen, bathroom and two bedrooms. EARLY VIEWING IS A MUST
COMMUNAL ENTRANCE
Glazed wood entrance door to the communal hallway and stairs to first floor.
FIRST FLOOR LANDING
HALLWAY
Glazed wood door to the hallway and a radiator.
LOUNGE/ DINER 5.5m (18'1) x 3.6m (11'10)
Two double glazed windows, river view, two radiators.
KITCHEN 2.1m (6'11) x 3.1m (10'2)
Wall and floor units, one and a half bowl stainless steel sink with mixer tap, double glazed window, radiator, Combi boiler, electric oven point, plumbed for automatic washing machine and a river view.
BATHROOM
Panel bath with shower over, extractor fan, radiator, low level WC, wash basin.
BEDROOM 2.6m (8'6) x 3m (9'10)
Double glazed window, radiator.
MASTER BEDROOM 3.3m (10'10) x 4m (13'1)
Two double glazed windows, radiator.
Residential Parking
EPC Rating: C
Tenure
The property is Leasehold with a term of 99 Years from 1st April 1992 subject to an annual ground rent of a peppercorn.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 14 Mbps and a maximum download speed of 67 Mbps at this postcode: SR6 0QD and mobile coverage is provided by EE, THREE, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Council Tax
The GOV.UK website states the property is Council Tax Band: C
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