3 Bed Semi-Detached House, Single Let, Sunderland, SR2 0DH, £139,950

Leechmere Way, Sunderland, Tyne And Wear, SR2 0DH - 9 months ago

Under Offer
BTL
ROI: 3%
~93 m²
+18 photos

ValuationUndervalued

Sold Prices£80K - £262.5K
Sold Prices/m²£634/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£151,590
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£5,399

Total Cash In

£40,386

 

 

Cash Out

 

Rent Range

£700 - £1,550

Rent Estimate

£700

Running Costs/mo

£597

Cashflow/mo

£103

Cashflow/yr

£1,232

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £262.5K, average is £139.2K. £634/m² to £2.8K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£95K03/230.11 mi7, Ocean View, Sunderland, Tyne And Wear SR2 0SQ3
£140K05/230.11 mi5, Leechmere View, Sunderland, Tyne And Wear SR2 0SH3
£135K02/230.11 mi34, Lynthorpe, Sunderland, Tyne And Wear SR2 0ES3
£150K01/210.15 mi10, Lynthorpe, Sunderland, Tyne And Wear SR2 0ET3
£92K11/210.15 mi25, Ridley Avenue, Sunderland, Tyne And Wear SR2 0SF3
£156.9K06/210.15 mi35, Ridley Avenue, Sunderland, Tyne And Wear SR2 0SF3
£130K05/230.16 mi34, Edgmond Court, Sunderland, Tyne And Wear SR2 0DX3
£125K08/210.17 mi76, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£124.8K03/210.17 mi19, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£190K06/230.17 mi1, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£185K06/210.23 mi30, Bankside Close, Ryhope, Sunderland, Tyne And Wear SR2 0AN3
£100K11/200.27 mi73, Hollycarrside Road, Sunderland, Tyne And Wear SR2 0ED3
£168K03/210.27 mi23, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£185K09/230.27 mi15, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£185K11/220.29 mi49, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£189.9K05/210.33 mi19, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW3
£200K05/230.34 mi6, Polperro Close, Ryhope, Sunderland, Tyne And Wear SR2 0YN3
£90.3K11/210.34 mi12, Ryhope Street South, Sunderland, Tyne And Wear SR2 0RN3
£190K04/210.36 mi11, Blyton Avenue, Sunderland, Tyne And Wear SR2 0JP3
£130K11/200.36 mi16, Trotter Terrace, Sunderland, Tyne And Wear SR2 0LA3
£171.1K08/230.37 mi5, Marine Drive, Leechmere, Sunderland, Tyne And Wear SR2 0DU3
£200K09/220.37 mi15, Marine Drive, Leechmere, Sunderland, Tyne And Wear SR2 0DU3
£160K11/200.39 mi4, Sandsay Close, Ryhope, Sunderland, Tyne And Wear SR2 0TA3
£119K12/200.4 mi7, Stewart Avenue, Sunderland, Tyne And Wear SR2 0JR3
£80K12/220.4 mi4, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£138.9K07/230.41 mi6, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL3
£170K05/230.44 miLlanviddy, Burdon Lane, Sunderland, Tyne And Wear SR2 0HR3
£80K02/210.45 mi21, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£82.5K01/210.45 mi8, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£152.5K11/200.46 mi32, Blyton Avenue, Sunderland, Tyne And Wear SR2 0JT3
£262.5K03/210.5 mi5, Ryhope Grange Court, Sunderland, Tyne And Wear SR2 9HU3
£134K01/230.51 mi4, Colin Terrace, Sunderland, Tyne And Wear SR2 0RE3
£115K10/210.51 mi23, Huntley Terrace, Sunderland, Tyne And Wear SR2 0RJ3
£118.4K09/210.55 mi40, Smith Street South, Ryhope, Sunderland, Tyne And Wear SR2 0LL3
£155.2K03/230.55 mi11, Halifax Place, Ryhope, Sunderland, Tyne And Wear SR2 0RD3
£210K11/210.55 mi8, Millthorp Close, Sunderland, Tyne And Wear SR2 7RE3
£120K01/230.57 mi3, North View, Ryhope, Sunderland, Tyne And Wear SR2 0PE3
£141K02/210.57 mi333, Ryhope Road, Sunderland, Tyne And Wear SR2 9SS3
£168.2K09/210.58 mi77, Esdale, Sunderland, Tyne And Wear SR2 0JF3
£97K04/210.58 mi19, Runnymede, Sunderland, Tyne And Wear SR2 0BJ3
£130K08/230.59 mi28, Ravensworth, Sunderland, Tyne And Wear SR2 0AZ3
£110K07/210.59 mi59, Ravensworth, Sunderland, Tyne And Wear SR2 0AZ3
£185K03/210.59 mi41, Beechbrooke, Ryhope, Sunderland, Tyne And Wear SR2 0NZ3
£225K06/220.59 mi8, Beechbrooke, Ryhope, Sunderland, Tyne And Wear SR2 0NZ3
£100K02/230.6 mi3, Grey Terrace, Sunderland, Tyne And Wear SR2 0QT3
£139.5K08/210.61 mi7, Wetherby Road, Sunderland, Tyne And Wear SR2 9SW3
£110K11/200.61 mi8, Ramilies, Sunderland, Tyne And Wear SR2 0BB3
£157.6K02/230.62 mi23, Wetherby Road, Sunderland, Tyne And Wear SR2 9SW3
£81K01/210.62 mi27, Grey Terrace, Sunderland, Tyne And Wear SR2 0QS3
£95K01/230.62 mi27, Grey Terrace, Sunderland, Tyne And Wear SR2 0QS3

Local Rents

20 rents from £700/mo to £1.6K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£72509/240.09 miAttlee Grove, Sunderland3
£79511/240.23 mi-3
£75006/240.33 mi-3
£85009/240.4 miTarn Drive, Grangetown, Sunderland3
£73007/240.41 mi-3
£79509/240.45 miThomas Street, Sunderland, Tyne And Wear, SR23
£87509/240.48 miSt. Pauls Terrace, Sunderland, Tyne and Wear, SR23
£80009/240.48 mi-3
£70009/240.66 miOswald Terrace, Grangetown, Sunderland3
£82502/250.79 mi-3
£85009/240.79 miGrange Street South, Sunderland, Tyne and Wear, SR23
£95009/240.83 miCamberley Close, Tunstall3
£70012/240.86 mi-3
£1,55005/241.03 mi-3
£1,25009/241.04 miCherry Brooks Way, Ryhope, Sunderland3
£75009/241.18 miLord Street, Sunderland, Tyne And Wear, SR33
£70004/241.18 mi-3
£95009/241.19 miLeechmere Road, Tunstall, Sunderland3
£75002/251.2 mi-3
£72509/241.22 miSilksworth Terrace, Sunderland3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.70 miles away

Nearest school

0.20 miles away

Nearest train station

1.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £139,950

July 12, 2024

Description

  • FULLY REFURBISHED +
  • THREE DOUBLE BEDROOMS +
  • MODERN KITCHEN WITH BUILT IN OVEN AND HOB +
  • MODERN FAMILY BATHROOM WITH OVER-BATH SHOWER +
  • SUBERB LOCATION +

NEW TO THE MARKET AJP Properties are delighted to welcome to the market this beautiful fully refurbished semi-detached 3 double bed family home in a sought after location in Ryhope.. The property has been refurbished to an exceptional standard and has great transport links to Sunderland City Centre and is close to the A19 offering access to Newcastle and Durham.

The front door opens to a welcoming hallway with stairs leading to the first floor. Off the hallway you will find a large lounge with laminate flooring. To the rear of the property you will find a modern fitted kitchen with a range of wall and base units and built in oven and hob and a through dining room with patio doors leading to the garden.

Upstairs leading off the spacious landing area are 3 double bedrooms and a modern part-tiled family bathroom with over-bath shower and heated towel rail.

The property boasts a door leading from the landing, out to a lovely balcony above the garage on the side of the house with space for a table and chairs.

Throughout, the property has had new electrics, new boiler and central heating system, plastering, new kitchen, new bathroom and newly decorated. The ground floor has laminate flooring throughout and the stairs, landing and bedrooms are fully carpeted with the bathroom having new vinyl. The property is ready for a family to move straight in and enjoy their surroundings.

Externally this family home has low maintenance garden to the front and at the back is a patio area split into two levels. The property also boasts a large garage and driveway with enough room for 2 or more cars.

*VIEWING IS HIGHLY RECOMMENDED TO APPRECIATE THE FULL POTENTIAL OF THIS PROPERTY*

Dimensions:

Lounge (4.52m x 3.72m)
Double glazed window to front aspect, radiator

Kitchen/Dining area (4.72m x 2.60m)
With a range of wall and base units with contrasting work surfaces, stainless steel sink with mixer tap and drainer, integrated oven, hob, and extractor hood, plumbing for washing machine, space for fridge freezer, UPVC double glazed window and vinyl flooring, patio door leading to the garden;

Bedroom one (front) (3.52m x 2.68m)
Large airy room with double glazed window to front aspect, radiator.

Bedroom two (rear) (3.65m x 2.45m)
Spacious bedroom with double glazed window to rear aspect, radiator.

Bedroom three (rear) (2.20m x 2.66m)
Spacious bedroom with double glazed window to rear aspect, radiator.

Family Bathroom (2.60m x 1.96m)
Modern white suite with mains over bath shower and screen, combined enclosed w/c and vanity wash basin, heated towel rail, part tiled walls, filed flooring, double glazed window.

Floor plan coming soon

Agent Details

A J P Property Services, Gateshead

0191 477 9528

Next Steps?

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