3 Bed Terraced House, Single Let, Sunderland, SR2 7NJ, £140,000

Eden Vale, Sunderland, SR2 7NJ - 5 views - 6 months ago

BTL
ROI: 4%
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£33.5K - £230K
Sold Prices/m²£284/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£115,554

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£700 - £3,500

Rent Estimate

£753

Running Costs/mo

£608

Cashflow/mo

£145

Cashflow/yr

£1,739

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £33.5K to £230K, average is £130K. £284/m² to £2.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£180K06/230.07 mi20, Otto Terrace, Sunderland, Tyne And Wear SR2 7LW3
£123.2K02/240.09 mi36, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LE3
£110K07/210.09 mi27, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LE3
£181K04/230.09 mi4, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP3
£220K03/210.11 mi40, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB3
£111K04/240.11 mi12, Fernville Street, Sunderland, Tyne And Wear SR4 7LX3
£170K02/230.13 mi2, Pendle Green, Sunderland, Tyne And Wear SR4 7NU3
£90K06/230.14 mi12, Vale Street, Sunderland, Tyne And Wear SR4 7NB3
£155K12/230.14 mi66, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW3
£140K02/210.14 mi71, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW3
£82.5K07/230.15 mi25, Hutton Street, Sunderland, Tyne And Wear SR4 7HB3
£195K12/200.15 mi24, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY3
£230K12/200.15 mi15, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY3
£130K01/230.16 mi2, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE3
£142K10/210.16 mi4, Mount Road, Sunderland, Tyne And Wear SR4 7ND3
£112.5K11/200.16 mi14, Oaklands Terrace, Sunderland, Tyne And Wear SR4 7NG3
£130K02/210.16 mi49a, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LF3
£160K09/230.16 mi49a, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LF3
£115K04/230.17 mi21, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF3
£110K05/230.17 mi12, Cedric Crescent, Sunderland, Tyne And Wear SR2 7QP3
£133K07/230.17 mi6, Cedric Crescent, Sunderland, Tyne And Wear SR2 7QP3
£160K07/230.17 mi12, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ3
£90K08/230.17 mi19, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ3
£135K12/230.17 mi9, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ3
£75K10/200.19 mi16, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£33.5K07/230.19 mi36, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£107.5K12/210.2 mi2, Queens Crescent, Sunderland, Tyne And Wear SR4 7JW3
£71K04/210.2 mi6, The Knoll, Sunderland, Tyne And Wear SR2 7PL3
£80K08/210.22 mi26, Chester Mews, Sunderland, Tyne And Wear SR4 7HX3
£165K02/240.22 mi19, Ranson Street, Sunderland, Tyne And Wear SR4 7LG3
£137K02/230.23 mi65, Cleveland Road, Sunderland, Tyne And Wear SR4 7JR3
£89.5K12/200.23 mi62, Cleveland Road, Sunderland, Tyne And Wear SR4 7JR3
£144K09/210.23 mi5, Cranford Terrace, Sunderland, Tyne And Wear SR4 7NT3
£167.5K06/210.24 mi20, Mount Road, Sunderland, Tyne And Wear SR4 7NS3
£147.5K04/210.24 mi34, Mount Road, Sunderland, Tyne And Wear SR4 7NS3
£140K05/210.24 mi52, Mount Road, Sunderland, Tyne And Wear SR4 7NS3
£100K11/200.24 mi22, Mount Road, Sunderland, Tyne And Wear SR4 7NS3
£118K03/240.24 mi9, Mount Road, Sunderland, Tyne And Wear SR4 7NS3
£117K12/210.25 mi17, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU3
£92K02/210.26 mi168, Chester Road, Sunderland, Tyne And Wear SR4 7EY3
£139K12/200.27 mi30, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£120K07/210.27 mi19, Cleveland Road, Sunderland, Tyne And Wear SR4 7JS3
£158K12/230.27 mi83, Cleveland Road, Sunderland, Tyne And Wear SR4 7JP3
£125K11/210.28 mi5, Sydenham Terrace, Sunderland, Tyne And Wear SR4 7JG3
£95K11/210.28 mi12, Sydenham Terrace, Sunderland, Tyne And Wear SR4 7JG3
£122K10/230.29 mi9, Cooperative Terrace, Sunderland, Tyne And Wear SR4 7JD3
£130K04/210.29 mi58, General Graham Street, Sunderland, Tyne And Wear SR4 7JF3
£139.9K08/230.29 mi46, General Graham Street, Sunderland, Tyne And Wear SR4 7JF3
£76K04/210.3 mi8, Hylton Street, Sunderland, Tyne And Wear SR4 7DU3
£162.5K01/230.3 mi1, Broxbourne Terrace, Sunderland, Tyne And Wear SR4 7DT3

Local Rents

19 rents from £700/mo to £3.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£80009/240.09 miHurstwood Road, High Barnes, Sunderland3
£87502/250.27 mi-3
£90009/240.27 miThornlea Court, Thornhill, Sunderland, SR23
£87511/240.28 mi-3
£87509/240.29 miGeneral Graham Street, Sunderland3
£85009/240.37 mi-3
£78009/240.41 mi-3
£78003/250.41 mi-3
£97509/240.43 miCresswell Terrace, Sunderland3
£3,50003/250.5 mi-3
£85003/250.53 mi-3
£80011/230.54 mi-3
£85012/240.54 mi-3
£70009/240.56 miBlackett Terrace, Millfield, Sunderland3
£72509/240.57 miCromwell Street, Sunderland, SR43
£1,35009/240.57 miRidgeway Crescent, Ashbrooke3
£95003/250.57 mi-3
£3,50003/250.58 mi-3
£1,00009/240.59 miMount Road, High Barnes, Sunderland3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

0.87 miles away

Nearest school

0.20 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £140,000

October 3, 2024

Sold for £110,000

2010

Floor Plans

Description

  • THREE BEDROOMS +
  • LARGE LIVING ROOM OPENING ONTO THE DINING ROOM +
  • IDEAL FOR ENTERTAINING FAMILY AND FRIENDS +
  • GALLEY-STYLE KITCHEN WITH ADDITIONAL UTILITY SPACE +
  • MODERN FAMILY BATHROOM WITH SHOWER OVER BATH +
  • PRIVATE REAR YARD WITH OFF-STREET PARKING +
  • FREEHOLD +
  • COUNCIL TAX BAND - B +
  • EPC RATING - D +

This traditional-style property offers a spacious and versatile layout, perfect for families or those who love to entertain. The large living room opens up to the dining room, creating an ideal space for family meals or hosting friends. The galley-style kitchen is complemented by a utility area, perfect for extra appliances like a fridge freezer and washing machine.

Upstairs, the property boasts two very generous bedrooms, allowing you the flexibility to choose your main bedroom, with a third bedroom completing the accommodation. The modern family bathroom is conveniently located on the half landing and includes a shower over the bath.

Located Eden Vale area, this home benefits from a great location with easy access to local amenities, schools, and transport links. The rear yard features a shutter for car access, providing valuable off-street parking-an added advantage in this popular neighbourhood.

With its spacious rooms and traditional charm, this home offers the potential to create your dream space, making it a fantastic opportunity for anyone looking to personalize and improve their home.

Agent Details

Martin & Co, Sunderland

0191 625 0924

Next Steps?

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