2 Bed Flat, Potential PLO/LOA, Sunderland, SR2 7LQ, £99,950





ValuationOvervalued
Sold Prices | £35K - £190K |
Sold Prices/m² | £609/m² - £4.5K/m² |
| |
Square Metres | 53.80 m² |
Price/m² | £1.9K/m² |
Value Estimate | £68,694£68,694 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £24,988£24,988 |
Stamp Duty & Legal Fees | £4,199£4,199 |
Total Cash In | £29,186£29,186 |
| |
Cash Out | |
Rent Range | £450 - £1,995£450 - £1,995 |
Rent Estimate | £495 |
Running Costs/mo | £431£431 |
Cashflow/mo | £64£64 |
Cashflow/yr | £764£764 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £35K to £190K, average is £81K. £609/m² to £4.5K/m², average is £1.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£71K | 12/20 | 0 mi | Flat 8, Edward House, Albert Court, Sunderland, Tyne And Wear SR2 7LQ | - | - | 2 | Flat | |
£75K | 08/23 | 0.01 mi | Flat 2, Edward House, Albert Court, Sunderland, Tyne And Wear SR2 7LQ | - | - | 2 | Flat | |
£60K | 02/21 | 0.03 mi | Flat 2, Helena House, Albert Court, Sunderland, Tyne And Wear SR2 7LL | - | - | 2 | Flat | |
£89K | 03/23 | 0.03 mi | Flat 1, Helena House, Albert Court, Sunderland, Tyne And Wear SR2 7LL | - | - | 2 | Flat | |
£96.5K | 09/22 | 0.05 mi | Flat 9, Beatrice House, Albert Court, Sunderland, Tyne And Wear SR2 7LH | £1,379 | 70 | 2 | Flat | |
£68K | 06/21 | 0.05 mi | Flat 22, Beatrice House, Albert Court, Sunderland, Tyne And Wear SR2 7LH | - | - | 2 | Flat | |
£85K | 03/21 | 0.05 mi | Flat 8, Beatrice House, Albert Court, Sunderland, Tyne And Wear SR2 7LH | - | - | 2 | Flat | |
£72.5K | 02/21 | 0.06 mi | Flat 2, Louise House, Victoria Court, Sunderland, Tyne And Wear SR2 7JY | - | - | 2 | Flat | |
£110K | 06/23 | 0.26 mi | 18b, Thornhill Park, Sunderland, Tyne And Wear SR2 7LA | £924 | 119 | 2 | Flat | |
£39K | 09/21 | 0.28 mi | 10, Burnville Road, Sunderland, Tyne And Wear SR4 7LY | £609 | 64 | 2 | Flat | |
£39K | 09/21 | 0.28 mi | 10, Burnville Road, Sunderland, Tyne And Wear SR4 7LY | £609 | 64 | 2 | Flat | |
£56.7K | 01/21 | 0.3 mi | Flat C, 16, Argyle Square, Sunderland, Tyne And Wear SR2 7BS | - | - | 2 | Flat | |
£80K | 03/22 | 0.33 mi | 17, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | - | - | 2 | Flat | |
£82K | 09/23 | 0.34 mi | 24, Azalea Terrace South, Sunderland, Tyne And Wear SR2 7EU | - | - | 2 | Flat | |
£65K | 10/22 | 0.34 mi | 33, Azalea Terrace South, Sunderland, Tyne And Wear SR2 7EX | £1,249 | 52 | 2 | Flat | |
£120K | 05/21 | 0.35 mi | First Floor Flat, 9, Vale Brooke, Sunderland, Tyne And Wear SR2 7HT | - | - | 2 | Flat | |
£80K | 01/22 | 0.36 mi | 22, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | £1,568 | 51 | 2 | Flat | |
£71K | 04/22 | 0.36 mi | 21, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | £1,203 | 59 | 2 | Flat | |
£72.5K | 12/21 | 0.38 mi | 28, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | £1,422 | 51 | 2 | Flat | |
£85.5K | 07/22 | 0.38 mi | 29, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | £1,676 | 51 | 2 | Flat | |
£74.3K | 05/24 | 0.38 mi | 36, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | - | - | 2 | Flat | |
£82K | 05/21 | 0.38 mi | 20, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP | - | - | 2 | Flat | |
£120K | 02/21 | 0.44 mi | 10a, Humbledon View, Sunderland, Tyne And Wear SR2 7RX | £1,460 | 82 | 2 | Flat | |
£120K | 02/21 | 0.44 mi | 10b, Humbledon View, Sunderland, Tyne And Wear SR2 7RX | £857 | 140 | 2 | Flat | |
£190K | 06/23 | 0.53 mi | 22, Willow Green, Sunderland, Tyne And Wear SR2 7NL | - | - | 2 | Flat | |
£173K | 06/21 | 0.53 mi | 27, Willow Green, Sunderland, Tyne And Wear SR2 7NL | - | - | 2 | Flat | |
£170K | 06/23 | 0.53 mi | 14, Willow Green, Sunderland, Tyne And Wear SR2 7NL | £2,524 | 67 | 2 | Flat | |
£110K | 12/20 | 0.54 mi | First Floor Flat, 2, The Cloisters, Sunderland, Tyne And Wear SR2 7BD | - | - | 2 | Flat | |
£92.5K | 07/23 | 0.55 mi | Flat 29, Park Hall, The Cloisters, Sunderland, Tyne And Wear SR2 7QB | - | - | 2 | Flat | |
£75K | 03/21 | 0.55 mi | Flat 56, Park Hall, The Cloisters, Sunderland, Tyne And Wear SR2 7QB | - | - | 2 | Flat | |
£86K | 05/23 | 0.55 mi | Flat 44, Park Hall, The Cloisters, Sunderland, Tyne And Wear SR2 7QB | - | - | 2 | Flat | |
£118K | 11/20 | 0.59 mi | 5a, Ashbrooke Crescent, Sunderland, Tyne And Wear SR2 7HL | £1,136 | 104 | 2 | Flat | |
£75K | 06/21 | 0.6 mi | 20, Park Place West, Sunderland, Tyne And Wear SR2 8HT | - | - | 2 | Flat | |
£155K | 04/23 | 0.63 mi | 11, Corby Gate, Sunderland, Tyne And Wear SR2 7JB | - | - | 2 | Flat | |
£140K | 12/20 | 0.63 mi | 22, Corby Gate, Sunderland, Tyne And Wear SR2 7JB | £1,892 | 74 | 2 | Flat | |
£185K | 02/21 | 0.64 mi | 2, St Bedes Terrace, Sunderland, Tyne And Wear SR2 8HS | £4,466 | 41 | 2 | Flat | |
£101K | 10/21 | 0.65 mi | 12, Foyle Street, Sunderland, Tyne And Wear SR1 1LB | - | - | 2 | Flat | |
£101K | 10/21 | 0.65 mi | 12, Foyle Street, Sunderland, Tyne And Wear SR1 1LB | - | - | 2 | Flat | |
£52K | 03/21 | 0.65 mi | 47, John Candlish Road, Sunderland, Tyne And Wear SR4 6HB | £765 | 68 | 2 | Flat | |
£53.5K | 09/23 | 0.67 mi | 31, Strawberry Court, Sunderland, Tyne And Wear SR2 7RQ | £787 | 68 | 2 | Flat | |
£121K | 11/20 | 0.67 mi | 4, Strawberry Court, Sunderland, Tyne And Wear SR2 7RQ | £1,806 | 67 | 2 | Flat | |
£35K | 10/23 | 0.68 mi | Apartment 11, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XD | - | - | 2 | Flat | |
£58.5K | 08/23 | 0.68 mi | Apartment 92, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XH | - | - | 2 | Flat | |
£65K | 12/21 | 0.68 mi | Apartment 6, Echo Building, West Wear Street, Sunderland, Tyne And Wear SR1 1XD | - | - | 2 | Flat | |
£75K | 02/23 | 0.69 mi | Apartment 5, Stanfield House, Gray Road, Sunderland, Tyne And Wear SR2 8JP | - | - | 2 | Flat | |
£78K | 05/21 | 0.72 mi | Apartment 2, Havelock House, Gray Road, Sunderland, Tyne And Wear SR2 8JT | - | - | 2 | Flat | |
£80K | 10/21 | 0.72 mi | Apartment 3, Havelock House, Gray Road, Sunderland, Tyne And Wear SR2 8JT | £1,269 | 63 | 2 | Flat | |
£94K | 11/22 | 0.74 mi | Apartment 21, St. Michaels, Gray Road, Sunderland, Tyne And Wear SR2 8JU | - | - | 2 | Flat | |
£50K | 11/22 | 0.75 mi | Apartment 19, Biscop House, Villiers Street, Sunderland, Tyne And Wear SR1 1ER | - | - | 2 | Flat | |
£106K | 12/20 | 0.79 mi | 7 Bonners Raff, Chandlers Road, Sunderland, Tyne And Wear SR6 0AD | £1,309 | 81 | 2 | Flat |
Local Rents
50 rents from £450/mo to £2K/mo, average is £700/mo.
Rent | Date | Distance | Address | Beds | Type | |
£685 | 11/24 | 0 mi | - | 2 | Flat | |
£685 | 11/24 | 0 mi | - | 2 | Flat | |
£750 | 09/24 | 0.03 mi | - | 2 | Flat | |
£750 | 02/25 | 0.03 mi | - | 2 | Flat | |
£695 | 09/24 | 0.04 mi | Albert Court, Royal Courts, Sunderland | 2 | Flat | |
£850 | 09/24 | 0.04 mi | - | 2 | Flat | |
£750 | 09/24 | 0.05 mi | Summerhill, Thornhill, Sunderland, SR2 | 2 | Flat | |
£750 | 09/24 | 0.05 mi | Leopold House, Albert Court, Sunderland, SR2 | 2 | Flat | |
£750 | 08/24 | 0.09 mi | - | 2 | Flat | |
£1,100 | 02/25 | 0.2 mi | - | 2 | Flat | |
£715 | 01/25 | 0.22 mi | - | 2 | Flat | |
£850 | 03/25 | 0.22 mi | - | 2 | Flat | |
£800 | 10/24 | 0.22 mi | - | 2 | Flat | |
£600 | 10/23 | 0.25 mi | - | 2 | Terraced House | |
£700 | 09/24 | 0.25 mi | - | 2 | Flat | |
£700 | 10/24 | 0.25 mi | - | 2 | Flat | |
£795 | 09/24 | 0.27 mi | - | 2 | Terraced House | |
£450 | 09/24 | 0.28 mi | Argyle Street, City Centre, Sunderland | 2 | Flat | |
£875 | 12/24 | 0.28 mi | - | 2 | Flat | |
£700 | 03/25 | 0.28 mi | - | 2 | Flat | |
£1,995 | 01/25 | 0.29 mi | - | 2 | Flat | |
£750 | 09/24 | 0.29 mi | Argyle Square, Sunderland, SR2 | 2 | Flat | |
£700 | 09/24 | 0.29 mi | - | 2 | Flat | |
£700 | 04/25 | 0.29 mi | - | 2 | Flat | |
£700 | 09/24 | 0.29 mi | Argyle Square, Sunderland, SR2 | 2 | Flat | |
£650 | 09/24 | 0.29 mi | Chester Terrace North, Sunderland, Tyne and Wear, SR4 | 2 | Terraced House | |
£675 | 12/24 | 0.3 mi | - | 2 | Flat | |
£700 | 11/24 | 0.3 mi | - | 2 | Flat | |
£700 | 01/25 | 0.3 mi | - | 2 | Flat | |
£700 | 02/25 | 0.3 mi | - | 2 | Flat | |
£650 | 04/25 | 0.31 mi | - | 2 | Terraced House | |
£700 | 09/24 | 0.32 mi | Thornhill Gardens, Ashbrooke, Sunderland, SR2 | 2 | Flat | |
£700 | 09/24 | 0.32 mi | - | 2 | Flat | |
£695 | 09/24 | 0.32 mi | Azalea Terrace South, Sunderland, Tyne and Wear, SR2 7EX | 2 | Flat | |
£700 | 10/24 | 0.32 mi | - | 2 | Flat | |
£700 | 08/24 | 0.32 mi | - | 2 | Flat | |
£675 | 09/24 | 0.35 mi | 5 Thornhill Gardens, Sunderland, SR2 | 2 | Flat | |
£695 | 09/24 | 0.37 mi | Grange Crescent, Sunderland, Asbrooke, Stockton Road, SR2 | 2 | Flat | |
£650 | 09/24 | 0.39 mi | Grange Crescent, Nr Park Lane, Sunderland, SR2 | 2 | Flat | |
£650 | 09/24 | 0.39 mi | Grange Crescent, Stockton Road, Sunderland, SR2 | 2 | Flat | |
£775 | 02/25 | 0.39 mi | - | 2 | Flat | |
£700 | 09/24 | 0.4 mi | St Georges House, Ashbrooke, Sunderland, SR2 | 2 | Flat | |
£650 | 09/24 | 0.4 mi | Grange Crescent, Sunderland, Stockton Road, SR2 | 2 | Flat | |
£675 | 09/24 | 0.41 mi | - | 2 | Terraced House | |
£495 | 09/24 | 0.43 mi | - | 2 | Flat | |
£495 | 11/24 | 0.43 mi | - | 2 | Flat | |
£495 | 11/24 | 0.43 mi | - | 2 | Flat | |
£750 | 09/24 | 0.44 mi | Ennerdale, Ashbrooke | 2 | House | |
£750 | 02/25 | 0.44 mi | - | 2 | Flat | |
£750 | 01/25 | 0.44 mi | - | 2 | Flat |
Local Area Statistics
Population in SR2 | 33,44033,440 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 1.01 miles away1.01 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.18 miles away0.18 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 £99,950
October 11, 2024
Sold for £111,000
2006
Sold for £84,000
2001
Floor Plans

Description
- Apartment +
- Top Floor +
- 2 Bedrooms +
- Living Room +
- Kitchen / Breakfast Room +
- Bathroom & En Suite +
- Allocated parking +
- EPC Rating: TBC +
This superb 2 bed apartment is located on the third floor in Edward House in Royal Courts which is a gated development within walking distance of Sunderland City Centre, Sunderland University, local amenities and the region beyond. The apartment briefly comprises of; Entrance Hall, Living Room, 2 Bedrooms, Bathroom, En Suite and Kitchen / Breakfast Room. Externally there are communal gardens and an allocated parking space all set within a gated development. Viewing is highly recommended to appreciate the space, property and location on offer.
Entrance Hall - Laminate floor, radiator, storage cupboard
Living Room - 5.71 to bay x 3.99 (18'8" to bay x 13'1") - The Living Room has a bay window with three timber framed double glazed windows, two radiators, telephone door entry system
Kitchen / Breakfast Room - 3.04 x 3.40 (9'11" x 11'1") - The Kitchen has a range of floor and wall units, tile splashbacks, electric oven, electric hob with extractor over, stainless steel sink and drainer with mixer tap, cupboard with wall mounted gas central heating boiler, radiator, recessed spot lighting, timber framed double glazed window
Bedroom One - 4.29 max x 3.01 (14'0" max x 9'10") - Timber framed double glazed window, radiator, range of fitted wardrobes
En Suite - White suite comprising low level wc, pedestal wash hand basin with mixer tap and tile surround, bath, shower cubicle with tile surround, radiator
Bedroom Two - 4.32 x 3.04 (14'2" x 9'11") - Timber framed double glazed window, laminate floor, radiator
Bathroom - White suite comprising low level wc, pedestal wash hand basin with mixer tap set on a vanity unit, bath with mixer tap and tile surround, tiled floor, radiator
Externally / Parking - Externally there are communal gardens and an allocated parking space.
Tenure - We are advised by the Vendors that the property is leasehold for a term of 125 years from 1st June 2000. Any prospective purchaser should clarify this with their Solicitor
Council Tax - The Council Tax Band is Band C.
Free Valuations - We are pleased to offer a free valuation service for prospective purchasers considering a sale of their own property. We can advise you with regard to marketing, without obligation
Mortgage Advice - Mortgages can be arranged via our Financial Advisers subject to status. Your home may be repossessed if you do not keep up repayments on your mortgage.