2 Bed Flat, Single Let, Sunderland, SR3 3EA, £45,000
Donnington House, Allendale Road, Farringdon, Sunderland, SR3 3EA - 1 views - 7 months ago
Sold STC
Leasehold
BTL
ROI: 21%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £33K - £99K |
Sold Prices/m² | £633/m² - £2.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £661/m² |
Value Estimate | £56,250 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £11,250 |
Stamp Duty & Legal Fees | £3,450 |
Total Cash In | £14,700 |
| |
Cash Out | |
Rent Range | £500 - £750 |
Rent Estimate | £525 |
Running Costs/mo | £266 |
Cashflow/mo | £259 |
Cashflow/yr | £3,113 |
ROI | 21% |
Gross Yield | 14% |
Local Sold Prices
32 sold prices from £33K to £99K, average is £60.5K. £633/m² to £2.9K/m², average is £1.1K/m².
Local Rents
13 rents from £500/mo to £750/mo, average is £650/mo.
Local Area Statistics
Population in SR3 | 38,306 |
Population in Sunderland | 183,740 |
Town centre distance | 1.99 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 2.22 miles away |
| |
Rental growth (12m) | +32% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £45,000
August 19, 2024
Description
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