2 Bed Bungalow, Single Let, Sunderland, SR4 8QW, £199,950

Norway Avenue, High Barnes, Sunderland, SR4 8QW - 9 months ago

Leasehold
BTL
~79 m²
+13 photos

ValuationOvervalued

Sold Prices£68.5K - £245K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~78.59 m²
Price/m²£2.5K/m²

Value Estimate

£113,928

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£11,198

Total Cash In

£61,185

 

 

Cash Out

 

Rent Range

£600 - £995

Rent Estimate

£634

Running Costs/mo

£772

Cashflow/mo

£-138

Cashflow/yr

£-1,652

Gross Yield

4%

Local Sold Prices

50 sold prices from £68.5K to £245K, average is £105K. £1.1K/m² to £2.7K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£174.9K11/200.08 mi21, Woodland Drive, Sunderland, Tyne And Wear SR4 8QR2
£227.5K08/230.1 mi12, Woodville Crescent, Sunderland, Tyne And Wear SR4 8RE2
£220K09/210.12 mi8, Wimbourne Avenue, Sunderland, Tyne And Wear SR4 8RA2
£245K05/230.14 mi1, Melbourne Place, Sunderland, Tyne And Wear SR4 8LN2
£183K01/210.16 mi29, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ2
£171K05/230.17 mi78, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX2
£146K06/230.18 mi30, Beldene Drive, Sunderland, Tyne And Wear SR4 8QD2
£179.9K07/220.2 mi1, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF2
£172K04/210.2 mi6, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF2
£175K06/210.31 mi17, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ2
£111.5K02/230.32 mi97, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BP2
£83K08/210.33 mi24, Hexham Road, Sunderland, Tyne And Wear SR4 8BN2
£75K03/210.35 mi2, Sunningdale Road, Sunderland, Tyne And Wear SR3 4HE2
£68.5K08/210.35 mi31, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS2
£75.5K11/200.36 mi118, Holborn Road, Sunderland, Tyne And Wear SR4 8BJ2
£112K12/220.36 mi116, Holborn Road, Sunderland, Tyne And Wear SR4 8BJ2
£105K01/230.36 mi3, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£109K08/210.37 mi1, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£76K01/230.39 mi1, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£80K02/210.39 mi17, Helmsdale Road, Sunderland, Tyne And Wear SR4 8BZ2
£112K09/230.39 mi26, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£100K11/210.39 mi29, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£76.5K05/230.39 mi6, Kitchener Street, Sunderland, Tyne And Wear SR4 7QJ2
£87.5K12/200.4 mi31, Hollinside Road, Sunderland, Tyne And Wear SR4 8BQ2
£78K08/210.42 mi12, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BT2
£100K11/200.44 mi23, Dunbar Street, Sunderland, Tyne And Wear SR4 7RZ2
£96K05/230.45 mi51, Hartside Road, Sunderland, Tyne And Wear SR4 8BD2
£86.3K11/200.45 mi17, Hartside Road, Sunderland, Tyne And Wear SR4 8BD2
£118K11/210.45 mi27, Hampstead Road, Sunderland, Tyne And Wear SR4 8BA2
£102.5K10/210.45 mi19, Hampstead Road, Sunderland, Tyne And Wear SR4 8BA2
£105K12/230.47 mi74, Holborn Road, Sunderland, Tyne And Wear SR4 8AR2
£95K12/200.47 mi40, Hartford Road, Sunderland, Tyne And Wear SR4 8DE2
£100K10/210.48 mi48, Hampstead Road, Sunderland, Tyne And Wear SR4 8AX2
£93K10/200.49 mi8, Hampstead Square, Sunderland, Tyne And Wear SR4 8AZ2
£90K06/210.49 mi46, Henley Road, Sunderland, Tyne And Wear SR4 8AS2
£105K09/230.49 mi46, Henley Road, Sunderland, Tyne And Wear SR4 8AS2
£160K02/230.49 mi111, The Broadway, Sunderland, Tyne And Wear SR4 8PA2
£126K06/230.51 mi35, Barnard Street, Sunderland, Tyne And Wear SR4 7RX2
£126K07/230.51 mi5, Barnard Street, Sunderland, Tyne And Wear SR4 7RX2
£85K03/210.51 mi16, Howe Square, Sunderland, Tyne And Wear SR4 8AY2
£94K05/230.51 mi16, Howe Square, Sunderland, Tyne And Wear SR4 8AY2
£135K04/210.53 mi17, Nookside, Sunderland, Tyne And Wear SR4 8PH2
£150K01/240.53 mi19, Priory Grove, Sunderland, Tyne And Wear SR4 7SX2
£220K08/210.53 mi17, Priory Grove, Sunderland, Tyne And Wear SR4 7SX2
£82K05/230.53 mi24, Hollinside Square, Sunderland, Tyne And Wear SR4 8AU2
£123K12/200.54 mi35, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU2
£100K10/230.54 mi193, Grindon Lane, Sunderland, Tyne And Wear SR4 8HS2
£95K07/230.54 mi4, Holborn Road, Sunderland, Tyne And Wear SR4 8AP2
£94K12/200.54 mi34, Tudor Grove, Sunderland, Tyne And Wear SR3 1SB2
£110K12/200.55 mi18, Strathmore Road, Sunderland, Tyne And Wear SR3 4EY2

Local Rents

12 rents from £600/mo to £995/mo, average is £713/mo.

RentDateDistanceAddressBeds 
£99509/240.12 miWimbourne Avenue, High Barnes, Sunderland2
£95009/240.13 miWimbourne Avenue, High Barnes2
£96011/240.3 mi-2
£65009/240.3 mi-2
£65002/250.3 mi-2
£75009/240.32 miNairn Close, The Broadway, SUNDERLAND, SR42
£69509/240.35 mi-2
£60009/240.39 miNora Street, High Barnes, Sunderland2
£62509/240.4 mi-2
£70009/240.47 miHolborn Road, Hylton Lane, Sunderland, Tyne and Wear, SR4 8AR2
£72509/240.5 miHawkesley Road, Sunderland, SR42
£75010/230.61 mi-2

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.63 miles away

Nearest school

0.30 miles away

Nearest train station

1.03 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 £199,950

December 4, 2024

Listed for £219,950

July 31, 2024

Floor Plans

Description

  • Attractive Double Fronted Semi Detached Bungalow +
  • Spacious Accommodation All on One Level +
  • 2 Bedrooms +
  • 2 Reception Rooms +
  • Modern Kitchen and Bathroom +
  • Delightful Gardens Front & Rear +
  • Garage & Driveway +
  • Highly Regarded Location Close to Excellent Amenities +
  • No Upward Chain +
  • Viewing Highly Recommended +

An attractive double fronted, two / three bedroom semi-detached bungalow, situated within this popular and highly regarded area of High Barnes. Internally the accommodation is all on one level and includes an entrance vestibule, hall, generous lounge, kitchen, three bedrooms (one can be used as a reception room if required) and a modern bathroom/wc, incorporating a shower cubicle. Externally there is a garden to the front with a driveway, a garage and a delightful garden to the rear. This conveniently located bungalow is close to local shops and provides easy access to Sunderland City Centre, Doxford International Park, Sunderland Royal Hospital and major road connections including the A19. Available with immediate vacant possession and no upper chain involved, early viewing is highly recommended.

All On Ground Floor - Access via single glazed entrance door to

Entrance Vestibule - Inner part glazed door to hall.

Hallway - Spacious and attractive hall featuring a radiator and loft access hatch with ladders to partially boarded loft space.

Lounge - 5.93 into bay x 3.33 into alcove (19'5" into bay x - Double glazed bay window to front and radiator.

Kitchen - 4.46 x 2.15 (14'7" x 7'0") - Fitted with a range of modern wall and base units with work surfaces over incorporating 1 1/2 bowl sink and drainer unit, space for fridge freezer, cooker and washing machine. Double glazed windows to side and rear. Door to garden. Wall mounted boiler and electric chrome ladder style heated towel rail.

Bedroom 1 - 3.63 into bay x 3.33 (11'10" into bay x 10'11") - Double glazed bay window to front and radiator.

Bedroom 2 - 3.33 x 2.86 (10'11" x 9'4") - Double glazed window to side and radiator.

Tenure Leasehold - We are advised by the Vendors that the property is Leasehold. We have been advised by the vendor the Lease Term is 999 years from 13/01/1959 and the Ground Rent is £8.00.

Ground rent review period (year/month) - to be confirmed
Annual Ground rent increase % - to be confirmed

Any prospective purchaser should clarify this with their Solicitor.

Bedroom 3/Dining Room - 3.34 x 3.29 into bay (10'11" x 10'9" into bay) - Double glazed bay window to rear and radiator.

Bathroom - Modern suite comprising of a low level WC, pedestal washbasin and corner bath, step in shower cubicle with mains shower, chrome ladder style radiator and double glazed window.

Outside - To the front there is a paved garden with planted borders and a driveway providing off street parking and access to garage. Usueful side access gate leading down to the rear where there is a delightful garden, laid mainly to lawn with attractive established borders.

Council Tax Band - The Council Tax Band is Band C.

Tenure Leasehold - We are advised by the Vendors that the property is Leasehold. We have been advised by the vendor the Lease Term is 999 years from 13/01/1959 and the Ground Rent is £8.00 per annum.

Ground rent review period (year/month) - to be confirmed
Annual Ground rent increase % - to be confirmed

Any prospective purchaser should clarify this with their Solicitor.

Important Notice - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:-
The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract. Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information. Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor. The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £210.00 by Movewithus Ltd.

Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk

Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon

Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.

Agent Details

Peter Heron Residential Sales and Lettings, Sunderland

0191 625 1058

Next Steps?

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