3 Bed Terraced House, Single Let, Sunderland, SR4 6EP, £120,000

Wood Street, Millfield, Sunderland, Tyne and Wear, SR4 6EP - 2 views - a year ago

Under Offer
BTL
ROI: 7%
~93 m²
+10 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£93,387

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£700 - £3,500

Rent Estimate

£734

Running Costs/mo

£542

Cashflow/mo

£192

Cashflow/yr

£2,306

ROI

7%

Gross Yield

7%

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 
£66K11/200.08 mi22, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£90K05/230.08 mi7, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£80K03/210.09 mi27, Westbury Street, Sunderland, Tyne And Wear SR4 6EF3
£73.5K02/210.11 mi32, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£85K11/230.11 mi27, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£100K10/230.16 mi2, St Marks Street, Sunderland, Tyne And Wear SR4 7BH3
£72K06/230.16 mi23, Shepherd Street, Sunderland, Tyne And Wear SR4 6HA3
£100K02/240.18 mi5, Booth Street, Sunderland, Tyne And Wear SR4 6HT3
£92K09/230.18 mi60, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£85K07/210.18 mi9, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£72.5K03/210.18 mi69, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£90K02/230.19 mi40, St Cuthberts Terrace, Sunderland, Tyne And Wear SR4 6BS3
£130K02/210.2 mi39, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£144K11/210.2 mi38, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£95K07/210.22 mi35, Howarth Street, Sunderland, Tyne And Wear SR4 7UT3
£71K05/210.24 mi9, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£96K03/230.24 mi33, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£68K03/230.24 mi68, Neville Road, Sunderland, Tyne And Wear SR4 6PU3
£75K10/210.25 mi8, Harlow Street, Sunderland, Tyne And Wear SR4 7AR3
£108K04/230.26 mi34, Hylton Street, Sunderland, Tyne And Wear SR4 7DX3
£87K07/210.29 mi27, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£80K04/230.29 mi6, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£73K01/230.29 mi8, Violet Street, Sunderland, Tyne And Wear SR4 6AE3
£121K06/230.3 mi18, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£125K03/220.3 mi41, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£105K02/230.31 mi3, Croft Avenue, Sunderland, Tyne And Wear SR4 7DP3
£76K04/210.32 mi8, Hylton Street, Sunderland, Tyne And Wear SR4 7DU3
£162.5K01/230.32 mi1, Broxbourne Terrace, Sunderland, Tyne And Wear SR4 7DT3
£68K12/200.33 mi28, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£97K11/230.33 mi33, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£107K11/230.33 mi77, Sorley Street, Sunderland, Tyne And Wear SR4 7UY3
£92K02/210.34 mi168, Chester Road, Sunderland, Tyne And Wear SR4 7EY3
£64K06/210.36 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£75K06/210.37 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£75K06/210.37 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.37 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£80K08/210.39 mi26, Chester Mews, Sunderland, Tyne And Wear SR4 7HX3
£70K01/210.4 mi26, Orchard Street, Sunderland, Tyne And Wear SR4 6QL3
£83K06/230.41 mi4, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£105K10/230.41 mi16, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£75K10/200.42 mi16, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£33.5K07/230.42 mi36, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£117K12/210.43 mi17, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU3
£71K04/210.44 mi6, The Knoll, Sunderland, Tyne And Wear SR2 7PL3
£139K12/200.45 mi30, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£120K07/210.45 mi19, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£122K10/230.45 mi9, Cooperative Terrace, Sunderland, Tyne And Wear SR4 7JD3
£82.5K07/230.46 mi25, Hutton Street, Sunderland, Tyne And Wear SR4 7HB3
£115K11/210.46 mi20, Kayll Road, Sunderland, Tyne And Wear SR4 7TN3
£158.8K10/210.47 mi2, Jackson Street, Sunderland, Tyne And Wear SR4 7TX3

Local Rents

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

RentDateDistanceAddressBeds 
£72509/240.08 miCromwell Street, Sunderland, SR43
£80011/230.11 mi-3
£85012/240.11 mi-3
£85003/250.15 mi-3
£75003/250.16 mi-3
£3,50003/250.2 mi-3
£70009/240.28 miBlackett Terrace, Millfield, Sunderland3
£85009/240.32 mi-3
£75002/250.4 mi-3
£75007/240.5 mi-3
£89509/240.5 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3
£87511/240.52 mi-3
£87509/240.52 miGeneral Graham Street, Sunderland3
£87502/250.54 mi-3
£2,50002/250.54 mi-3
£2,80003/250.6 mi-3
£80009/240.61 miHurstwood Road, High Barnes, Sunderland3

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £120,000

December 20, 2024

Price changed to £115,000

December 4, 2024

Listed for £120,000

May 2, 2024

Description

  • 2/3 BEDROOM +
  • 2 RECEPTION ROOMS +
  • END TERRACE +
  • WELL PRESENTED +
  • WELL APPOINTED KITCHEN +
  • OFF STREET PARKING +
  • CLOSE TO METRO LINKS +

Welcome to the market! Step into spacious comfort with this inviting 2/3 bedroom home nestled on an end terrace. Boasting a convenient single-level layout, this property features 2/3 bedrooms, 2 reception rooms, a well-appointed kitchen, and a family bathroom. Adding to its allure, enjoy off-street parking facilitated by an electric roller shutter door. Conveniently located near local amenities, schools, the metro link, University of Sunderland, and Sunderland Royal Hospital, this residence offers both accessibility and practicality. Recently adorned with fresh decor, this home presents itself immaculately, catering to the discerning tastes of first-time buyers and savvy investors alike. To truly grasp the abundant space and charm this property offers, a viewing is a must. For further details or to arrange a viewing, don't hesitate to contact Dowen at

Agent Details

Dowen, Sunderland

0191 625 0868

Next Steps?

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