3 Bed Flat, Single Let, Sunderland, SR6 9RA, £79,950

Sandringham Terrace, Roker, SR6 9RA - 1 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 17%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£75K - £335K
Sold Prices/m²£1K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£96,740
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£3,599

Total Cash In

£23,586

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£761

Running Costs/mo

£422

Cashflow/mo

£339

Cashflow/yr

£4,067

ROI

17%

Gross Yield

11%

Local Sold Prices

17 sold prices from £75K to £335K, average is £142K. £1K/m² to £2.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£75K11/210.1 mi25, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ3
£265K12/200.58 mi10, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT3
£260K02/210.58 mi11, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT3
£335K05/240.59 mi11, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT3
£237K05/221.39 mi2, Moore Avenue, South Shields, Tyne And Wear NE34 6AA3
£107K02/211.54 miFlat 17, Edward House, Albert Court, Sunderland, Tyne And Wear SR2 7LQ3
£105K02/231.57 miFlat 11, Beatrice House, Albert Court, Sunderland, Tyne And Wear SR2 7LH3
£200K04/231.6 mi1b, The Esplanade, Sunderland, Tyne And Wear SR2 7BQ3
£82K05/211.78 miApartment 26, St. Michaels, Gray Road, Sunderland, Tyne And Wear SR2 8JU3
£75K06/211.78 miApartment 27, St. Michaels, Gray Road, Sunderland, Tyne And Wear SR2 8JU3
£210K02/211.89 mi13, The Lawns, Whitburn, Sunderland, Tyne And Wear SR6 7JJ3
£120K02/231.9 mi28, Redcar Road, Sunderland, Tyne And Wear SR5 5PX3
£142K09/232.07 mi56, Wellands Lane, Sunderland, Tyne And Wear SR6 7BJ3
£153.5K11/212.11 mi78, Ormonde Street, Sunderland, Tyne And Wear SR4 7PN3
£120K12/222.2 mi176, Cleveland Road, Sunderland, Tyne And Wear SR4 7PU3
£82K10/212.41 mi9, Friar Road, Sunderland, Tyne And Wear SR4 0BJ3
£160K08/232.81 mi60, The Broadway, Sunderland, Tyne And Wear SR4 8NN3

Local Rents

13 rents from £750/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£79509/240.12 miSandringham Road, Sunderland, Tyne and Wear, SR6 9QZ3
£85009/240.16 miBrandling Street, Roker3
£89503/250.2 mi-3
£85009/240.25 mi-3
£1,10002/250.28 mi-3
£99509/240.3 mi-3
£99509/240.3 mi-3
£1,10010/240.3 mi-3
£99509/240.39 miNewcastle Road, Sunderland, SR53
£95003/250.4 mi-3
£85009/240.47 miWarwick Street, Sunderland, Tyne and Wear, SR53
£75009/240.47 miDevonshire Street, Monkwearmouth3
£92501/250.61 mi-3

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £79,950

August 7, 2024

Description

  • Spacious First Floor Flat +
  • Good Sized Lounge +
  • Modern Fitted Kitchen +
  • Three Spacious Bedrooms +
  • Well Appointed Bathroom +
  • uPVC Double Glazing +
  • Re-covered Main Roof +
  • Rear Yard +
  • No Upward Chain +

In this high demand residential area pleasantly situated opposite modern housing on the redeveloped Roker Park site and well placed for access to local amenities, an opportunity to purchase an well appointed first floor flat providing deceptively spacious accommodation that would suit a range of potential purchasers including first time buyers and investors. Well presented and improved, the property features a re-fitted kitchen with integrated appliances, three good-sized bedrooms, a modern bathroom with a shower over the bath and uPVC double glazing. Available with no upward chain, early viewing is recommended. It comprises: Entrance lobby with stairs to first floor, lounge, kitchen, 3 bedrooms, bathroom/wc, uPVC double glazing, gas CH (combi type), rear yard. 

ENTRANCE VESTIBULE Stairs to first floor 

LOUNGE 13' 7" x 11' 1" (4.16m x 3.38m to chimney breast) Fireplace with tiled inset and hearth; built in cupboards to alcoves; radiator 

KITCHEN 10' 9" x 7' 1" (3.29m x 2.18m) Range of fitted wall and floor units having contrasting working surfaces; stainless steel single drainer sink unit; built in electric oven; gas hob; stainless steel extractor hood; tiled splashback; staircase to rear yard; cupboard with wall mounted Ideal combi boiler 

BEDROOM 1 11' 0" x 11' 7" (3.36m x 3.54m to chimney breast) Fireplace with tiled inset; radiator 

BEDROOM 2 9' 9" x 8' 2" (2.98m x 2.49m)  

BEDROOM 3 8' 11" x 8' 0" (2.72m x 2.44m) Radiator 

BATHROOM/WC Panel bath with mixer tap and shower over; pedestal hand basin; low level wc; white suite; partly tiled walls; radiator 

LANDING Radiator 

Extras: (Included in price): All fitted carpets, curtains and light fittings included

Gas central heating (combi); uPVC double glazing

Rear yard with gate to rear lane

We understand that the property is leasehold with approximately 884 years remaining

EPC rating E

Council Tax Band A

Viewing: By appointment through this office 

Please Note:

These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information. The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property. Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.

Please note that the services and appliances in the property have not been tested. Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.

Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings. Plans and floor plans are for identification purposes only and are not to scale. Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase. In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.

Agent Details

Alfred Pallas, Fulwell

0191 625 0154

Next Steps?

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