2 Bed Terraced House, Single Let, Sunderland, SR2 9RS, £80,000





ValuationFair Value
Sold Prices | £30K - £182K |
Sold Prices/m² | £407/m² - £2.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.2K/m² |
Value Estimate | £79,867£79,867 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £20,000£20,000 |
Stamp Duty & Legal Fees | £3,600£3,600 |
Total Cash In | £23,600£23,600 |
| |
Cash Out | |
Rent Range | £525 - £765£525 - £765 |
Rent Estimate | £480 |
Running Costs/mo | £366£366 |
Cashflow/mo | £114£114 |
Cashflow/yr | £1,368£1,368 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £30K to £182K, average is £100.5K. £407/m² to £2.8K/m², average is £1.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£88K | 06/23 | 0.05 mi | 52, Sea View Street, Sunderland, Tyne And Wear SR2 9QX | £1,173 | 75 | 2 | Terraced House | |
£85K | 12/22 | 0.06 mi | 22, Ocean Road North, Sunderland, Tyne And Wear SR2 9QU | £1,214 | 70 | 2 | Terraced House | |
£75K | 06/21 | 0.07 mi | 14, Carnegie Street, Sunderland, Tyne And Wear SR2 9RL | £1,172 | 64 | 2 | Terraced House | |
£85K | 02/21 | 0.08 mi | 1, Grange Street South, Sunderland, Tyne And Wear SR2 9QS | £1,090 | 78 | 2 | Terraced House | |
£73.5K | 01/21 | 0.11 mi | 25, Oxbridge Street, Sunderland, Tyne And Wear SR2 9NQ | £1,167 | 63 | 2 | Terraced House | |
£75K | 06/21 | 0.12 mi | 18, Regent Terrace, Sunderland, Tyne And Wear SR2 9QN | £1,230 | 61 | 2 | Terraced House | |
£132.5K | 06/23 | 0.17 mi | 7, Ayton Avenue, Sunderland, Tyne And Wear SR2 9SN | - | - | 2 | Semi-Detached House | |
£115K | 12/21 | 0.24 mi | 56, Leechmere Road, Sunderland, Tyne And Wear SR2 9NE | £1,643 | 70 | 2 | Terraced House | |
£120K | 02/21 | 0.31 mi | 24, Irene Avenue, Sunderland, Tyne And Wear SR2 9SZ | £1,791 | 67 | 2 | Semi-Detached House | |
£137.5K | 08/23 | 0.35 mi | 40, Joan Avenue, Sunderland, Tyne And Wear SR2 9TA | £2,083 | 66 | 2 | Semi-Detached House | |
£182K | 01/21 | 0.36 mi | 3, Romney Avenue, Sunderland, Tyne And Wear SR2 7UQ | £2,167 | 84 | 2 | Semi-Detached House | |
£150K | 02/21 | 0.37 mi | 4, Winalot Avenue, Sunderland, Tyne And Wear SR2 9PL | - | - | 2 | Semi-Detached House | |
£165.8K | 08/21 | 0.38 mi | 7, Warnham Avenue, Sunderland, Tyne And Wear SR2 9PH | - | - | 2 | Semi-Detached House | |
£120.7K | 11/20 | 0.38 mi | 3, Rainford Avenue, Sunderland, Tyne And Wear SR2 7UJ | £1,128 | 107 | 2 | Semi-Detached House | |
£128K | 06/23 | 0.39 mi | 3, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL | £2,612 | 49 | 2 | Terraced House | |
£128K | 02/21 | 0.39 mi | 22, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL | £2,559 | 50 | 2 | Semi-Detached House | |
£113.4K | 05/21 | 0.39 mi | 3, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL | £2,314 | 49 | 2 | Terraced House | |
£141.5K | 02/21 | 0.39 mi | 24, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL | £2,830 | 50 | 2 | Semi-Detached House | |
£128K | 02/21 | 0.39 mi | 22, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL | £2,559 | 50 | 2 | Semi-Detached House | |
£34K | 04/23 | 0.41 mi | 167, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ | £486 | 70 | 2 | Terraced House | |
£33K | 12/20 | 0.41 mi | 165, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ | £663 | 50 | 2 | Terraced House | |
£153K | 11/20 | 0.42 mi | 56, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PB | £1,800 | 85 | 2 | Semi-Detached House | |
£37.5K | 12/20 | 0.49 mi | 122, Cairo Street, Sunderland, Tyne And Wear SR2 8QN | £568 | 66 | 2 | Terraced House | |
£36K | 04/23 | 0.49 mi | 121, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QN | £610 | 59 | 2 | Terraced House | |
£48K | 03/21 | 0.51 mi | 110, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR | £640 | 75 | 2 | Semi-Detached House | |
£45K | 12/22 | 0.51 mi | 129, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR | £703 | 64 | 2 | Terraced House | |
£49K | 12/22 | 0.52 mi | 136, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR | - | - | 2 | Terraced House | |
£115K | 07/23 | 0.52 mi | 11, Hereford Court, Sunderland, Tyne And Wear SR2 9LD | £1,250 | 92 | 2 | Semi-Detached House | |
£108K | 07/21 | 0.53 mi | 69, Lynthorpe, Sunderland, Tyne And Wear SR2 0EU | £1,459 | 74 | 2 | Semi-Detached House | |
£95K | 03/23 | 0.53 mi | 148, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE | - | - | 2 | Semi-Detached House | |
£118.5K | 04/21 | 0.56 mi | 25, Lyngrove, Sunderland, Tyne And Wear SR2 0EX | - | - | 2 | Semi-Detached House | |
£95K | 03/23 | 0.56 mi | 15, Lyngrove, Sunderland, Tyne And Wear SR2 0EX | - | - | 2 | Semi-Detached House | |
£33K | 04/23 | 0.59 mi | 75, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QL | £541 | 61 | 2 | Terraced House | |
£106K | 04/21 | 0.59 mi | 160, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE | £1,559 | 68 | 2 | Semi-Detached House | |
£45K | 03/21 | 0.6 mi | 54, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE | £714 | 63 | 2 | Terraced House | |
£30K | 11/20 | 0.6 mi | 52, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE | £492 | 61 | 2 | Terraced House | |
£35K | 05/21 | 0.6 mi | 55, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE | £407 | 86 | 2 | Terraced House | |
£110K | 07/23 | 0.64 mi | 45, Helvellyn Road, Sunderland, Tyne And Wear SR2 9JJ | £1,549 | 71 | 2 | Semi-Detached House | |
£108.5K | 10/20 | 0.64 mi | 37, Hollycarrside Road, Sunderland, Tyne And Wear SR2 0ED | £1,428 | 76 | 2 | Terraced House | |
£45K | 04/23 | 0.67 mi | 7b, Fuller Road, Sunderland, Tyne And Wear SR2 8PQ | £517 | 87 | 2 | Terraced House | |
£50K | 01/23 | 0.68 mi | 7, Hastings Street, Sunderland, Tyne And Wear SR2 8SR | £833 | 60 | 2 | Terraced House | |
£50K | 01/23 | 0.68 mi | 30, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QH | £816 | 61 | 2 | Terraced House | |
£50K | 07/23 | 0.68 mi | 3, Hastings Street, Sunderland, Tyne And Wear SR2 8SR | £617 | 81 | 2 | Terraced House | |
£139.9K | 02/23 | 0.68 mi | 4, Westray Close, Ryhope, Sunderland, Tyne And Wear SR2 0TD | - | - | 2 | Semi-Detached House | |
£38K | 01/21 | 0.69 mi | 51, Cairo Street, Sunderland, Tyne And Wear SR2 8QH | £576 | 66 | 2 | Terraced House | |
£135K | 03/21 | 0.7 mi | 9, Ronaldsay Close, Ryhope, Sunderland, Tyne And Wear SR2 0TF | £1,909 | 71 | 2 | Semi-Detached House | |
£112K | 02/23 | 0.74 mi | 24, Linskell, Sunderland, Tyne And Wear SR2 0EP | £1,302 | 86 | 2 | Semi-Detached House | |
£130K | 01/23 | 0.75 mi | 7, Larkhill, Sunderland, Tyne And Wear SR2 0DF | - | - | 2 | Semi-Detached House | |
£112.3K | 09/21 | 0.76 mi | 7, Larkhill, Sunderland, Tyne And Wear SR2 0DF | - | - | 2 | Semi-Detached House | |
£64K | 06/21 | 0.85 mi | 18, Guildford Street, Sunderland, Tyne And Wear SR2 8JQ | £932 | 69 | 2 | Terraced House |
Local Rents
10 rents from £525/mo to £765/mo, average is £625/mo.
Rent | Date | Distance | Address | Beds | Type | |
£650 | 09/24 | 0.05 mi | Ocean Road South, Grangetown | 2 | Terraced House | |
£650 | 01/25 | 0.09 mi | - | 2 | Terraced House | |
£595 | 09/24 | 0.36 mi | St. Leonard Street, Hendon, Sunderland, Tyne and Wear, SR2 8PZ | 2 | Terraced House | |
£600 | 09/24 | 0.53 mi | St. Leonard Street, Sunderland, Tyne and Wear, SR2 | 2 | Flat | |
£550 | 03/25 | 0.57 mi | - | 2 | Bungalow | |
£655 | 03/25 | 0.57 mi | - | 2 | Bungalow | |
£525 | 08/24 | 0.59 mi | - | 2 | Bungalow | |
£535 | 04/25 | 0.6 mi | - | 2 | Bungalow | |
£765 | 09/24 | 0.62 mi | Saint Leonard Street, Sunderland, SR2 | 2 | Terraced House | |
£750 | 09/24 | 0.62 mi | - | 2 | Terraced House |
Local Area Statistics
Population in SR2 | 33,44033,440 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 2.45 miles away2.45 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.38 miles away1.38 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +23%+23% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | -5%-5% |
Property History
Listed for £80,000
August 6, 2024
Description
- Impressive Mid Terraced Dormer Cottage +
- For Sale By Online Auction +
- 2 Spacious Reception Rooms +
- 2 Bedrooms +
- Provides A Deceptively Spacious Accommodation +
- Fabulous Kitchen/Diner +
- Well Proportioned Bedrooms +
- UPVC Double Glazing And Gas Central Heating +
- Off Street Parking +
- Ideal Location! +
For Sale by Modern Method of Auction; Starting Bid Price £90,000 plus reservation Fee. An impressive two bedroom, two reception room mid terrace dormer cottage, providing deceptively spacious accommodation. The attractive internal accommodation on the ground floor includes an entrance vestibule, hall, two spacious reception rooms, a fabulous kitchen / diner, a useful utility and a superb, contemporary bathroom/wc. On the first floor there are two well-proportioned bedrooms. Benefits of the property include UPVC double glazing, gas central heating and a courtyard to the rear with remote control roller shutter access door. The property is situated in the popular residential area of Grangetown, ideally located for local amenities, as well as offering excellent transport links to Sunderland City Centre and road networks. Early viewing is recommended.
Ground Floor - Access via double glazed entrance door to
Entrance Vestibule - There is a door to the hall.
Hallway - With a radiator and a door to the lounge.
Lounge - 4.82 into bay x 3.58 into alcove (15'9" into bay - With a double glazed bay window to the front, a radiator, fireplace and double doors to the sitting room.
Sitting Room - 4.43 x 4.74 max measure inc staircase area and int - Spacious room with double glazed window to the rear, radiator, feature brick fireplace with stove, there is a staircase to the first floor and a door to the kitchen diner.
Kitchen/Diner - 8.05 x 2.46 (26'4" x 8'0" ) - The spacious kitchen is fitted with an excellent range of contemporary base units with wood work surfaces over incorporating a breakfast bar area and a 1 1/2 bowl sink and drainer unit, integrated appliances include an electric oven and electric hob, space has also been provided for the inclusion of a fridge freezer, there is a radiator, two double glazed windows, double glazed door to courtyard and a door connecting through to the utility.
Utility - With fitted base units with work surface over incorporating a sink unit, there is a wall mounted boiler, space provided for the inclusion of a washing machine, double glazed window and a door to the bathroom.
Bathroom - With a contemporary suite comprising a low level WC, wash hand basin set into vanity unit and a P shaped bath with shower attachment over, there is a radiator and double glazed window.
First Floor Landing - With doors leading off to the two bedrooms.
Bedroom 1 - 3.16 x 3.12 (10'4" x 10'2") - Double glazed window to the rear and a radiator.
Bedroom 2 - 3.80 x 1.88 extending to 3.13 (12'5" x 6'2" exten - Two double glazed windows to the front and a radiator.
Outside - Courtyard to the rear with a roller shutter access door and a small forecourt area to the front.
Council Tax Band - The Council Tax Band is Band A.
Tenure Freehold - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor.
Auction Comments - This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding.
The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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.
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