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

Milburn Street, Sunderland, Tyne and Wear, SR4 6AU - 2 views - 9 months ago

Under Offer
BTL
ROI: 6%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£33.5K - £180K
Sold Prices/m²£284/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£97,559

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

£728

Running Costs/mo

£541

Cashflow/mo

£187

Cashflow/yr

£2,249

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £33.5K to £180K, average is £90K. £284/m² to £1.9K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£92K09/230.02 mi60, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£85K07/210.02 mi9, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£72.5K03/210.02 mi69, Ravensworth Street, Sunderland, Tyne And Wear SR4 6BG3
£87K07/210.09 mi27, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£80K04/230.09 mi6, Rose Street, Sunderland, Tyne And Wear SR4 6AB3
£73.5K02/210.09 mi32, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£85K11/230.09 mi27, Granville Street, Sunderland, Tyne And Wear SR4 6BH3
£73K01/230.09 mi8, Violet Street, Sunderland, Tyne And Wear SR4 6AE3
£100K10/230.11 mi2, St Marks Street, Sunderland, Tyne And Wear SR4 7BH3
£80K03/210.13 mi27, Westbury Street, Sunderland, Tyne And Wear SR4 6EF3
£75K10/210.16 mi8, Harlow Street, Sunderland, Tyne And Wear SR4 7AR3
£125K03/220.17 mi41, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£121K06/230.17 mi18, The Leazes, Sunderland, Tyne And Wear SR1 3SW3
£90K02/230.18 mi40, St Cuthberts Terrace, Sunderland, Tyne And Wear SR4 6BS3
£75K06/210.23 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.23 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£75K06/210.23 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.23 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£130K02/210.27 mi39, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£144K11/210.27 mi38, Corning Road, Sunderland, Tyne And Wear SR4 6EE3
£66K11/200.28 mi22, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£90K05/230.28 mi7, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£71K05/210.3 mi9, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£96K03/230.3 mi33, Houghton Street, Sunderland, Tyne And Wear SR4 7DY3
£72K06/230.32 mi23, Shepherd Street, Sunderland, Tyne And Wear SR4 6HA3
£108K04/230.34 mi34, Hylton Street, Sunderland, Tyne And Wear SR4 7DX3
£100K02/240.37 mi5, Booth Street, Sunderland, Tyne And Wear SR4 6HT3
£92K02/210.38 mi168, Chester Road, Sunderland, Tyne And Wear SR4 7EY3
£76K04/210.38 mi8, Hylton Street, Sunderland, Tyne And Wear SR4 7DU3
£95K07/210.38 mi35, Howarth Street, Sunderland, Tyne And Wear SR4 7UT3
£162.5K01/230.39 mi1, Broxbourne Terrace, Sunderland, Tyne And Wear SR4 7DT3
£71K04/210.4 mi6, The Knoll, Sunderland, Tyne And Wear SR2 7PL3
£105K02/230.41 mi3, Croft Avenue, Sunderland, Tyne And Wear SR4 7DP3
£68K03/230.41 mi68, Neville Road, Sunderland, Tyne And Wear SR4 6PU3
£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
£80K08/210.43 mi26, Chester Mews, Sunderland, Tyne And Wear SR4 7HX3
£68K12/200.43 mi28, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£97K11/230.43 mi33, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£107K11/230.45 mi77, Sorley Street, Sunderland, Tyne And Wear SR4 7UY3
£82.5K07/230.47 mi25, Hutton Street, Sunderland, Tyne And Wear SR4 7HB3
£90K06/230.49 mi12, Vale Street, Sunderland, Tyne And Wear SR4 7NB3
£117K12/210.51 mi17, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU3
£139K12/200.53 mi30, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£120K07/210.53 mi19, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£115K04/230.54 mi21, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF3
£122K10/230.54 mi9, Cooperative Terrace, Sunderland, Tyne And Wear SR4 7JD3
£111K04/240.54 mi12, Fernville Street, Sunderland, Tyne And Wear SR4 7LX3
£180K06/230.56 mi20, Otto Terrace, Sunderland, Tyne And Wear SR2 7LW3
£112.5K11/200.56 mi14, Oaklands Terrace, Sunderland, Tyne And Wear SR4 7NG3

Local Rents

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

RentDateDistanceAddressBeds 
£72509/240.27 miCromwell Street, Sunderland, SR43
£80011/230.29 mi-3
£85012/240.29 mi-3
£85003/250.32 mi-3
£75003/250.32 mi-3
£3,50003/250.39 mi-3
£85009/240.44 mi-3
£70009/240.46 miBlackett Terrace, Millfield, Sunderland3
£75003/250.6 mi-3
£87511/240.61 mi-3
£97509/240.61 miCresswell Terrace, Sunderland3
£87509/240.61 miGeneral Graham Street, Sunderland3
£3,50003/250.61 mi-3
£1,40009/240.61 miStudent Accommodation @ Fawcett Street, City Centre, Sunderland, SR13

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.89 miles away

Nearest school

0.40 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £120,000

July 13, 2024

Description

  • 3/4 BEDROOMS +
  • REFURBISHED +
  • REAR YARD +
  • NO CHAIN +
  • FREEHOLD +
  • MUST BE VIEWED +

Dowen present to the market newly refurbished 3/4 bedroom terraced home.  Situated in the heart of Millfield, with local schools, transport links, amenities and Sunderland Royal Hospital in easy reach.  The property comprises of entrance hallway, lounge, a second reception room which could be utilised as an additional bedroom, well appointed kitchen, and convenient bathroom to the ground floor.  Ascend to the first floor to find three bedrooms.  The property benefits from GCH and double glazing.  Offered for sale with NO CHAIN, for more information or to view Call Dowen

Agent Details

Dowen, Sunderland

0191 625 0868

Next Steps?

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