2 Bed Flat, Single Let, Sunderland, SR6 7AS, £114,950

24 Poplar Drive, Sunderland, Tyne And Wear, SR6 7AS - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+8 photos

ValuationFair Value

Sold Prices£31.5K - £290K
Sold Prices/m²£553/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£114,967

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,738

Stamp Duty & Legal Fees

£4,649

Total Cash In

£33,386

 

 

Cash Out

 

Rent Range

£595 - £2,495

Rent Estimate

£756

Running Costs/mo

£530

Cashflow/mo

£226

Cashflow/yr

£2,707

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £31.5K to £290K, average is £109.5K. £553/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£133K11/210 mi55, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS2
£95.5K03/210 mi63, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS2
£112K07/220 mi20, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS2
£150K05/210.43 mi4, Beech Court, Sunderland, Tyne And Wear SR6 7JH2
£240K09/210.46 mi2, The Lawns, Whitburn, Sunderland, Tyne And Wear SR6 7JJ2
£250K03/240.46 mi6, The Lawns, Whitburn, Sunderland, Tyne And Wear SR6 7JJ2
£230K12/230.99 mi22, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB2
£246.5K07/220.99 mi25, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB2
£175K07/230.99 mi11, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB2
£155K04/210.99 mi4, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB2
£160K11/200.99 mi23, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB2
£221K11/221.8 mi1, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£290K06/231.8 mi6, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£257K05/211.81 mi2, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£215K10/201.81 mi3, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£175K01/241.94 mi8, Orchard Court, Sunderland, Tyne And Wear SR6 8NR2
£105K08/212.07 mi9, Park Gate, Sunderland, Tyne And Wear SR6 9PW2
£118K07/222.07 mi13, Park Gate, Sunderland, Tyne And Wear SR6 9PW2
£107K02/232.13 mi21, Selwood Court, South Shields, Tyne And Wear NE34 6QJ2
£105K07/232.14 mi11, Selwood Court, South Shields, Tyne And Wear NE34 6QJ2
£135K09/222.14 mi18, Selwood Court, South Shields, Tyne And Wear NE34 6QJ2
£125K12/222.14 mi14, Selwood Court, South Shields, Tyne And Wear NE34 6QJ2
£80K01/242.15 mi20, Aspen Place, South Shields, Tyne And Wear NE34 8BZ2
£130K02/222.15 mi16, Viewforth Terrace, Sunderland, Tyne And Wear SR5 1PZ2
£65K04/222.26 mi73, Earlston Street, Sunderland, Tyne And Wear SR5 2QS2
£72K02/232.29 mi12, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ2
£69K12/232.29 mi29, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ2
£98K08/242.29 mi30, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ2
£31.5K10/202.3 mi6, Earls Court, Sunderland, Tyne And Wear SR5 2QP2
£75.5K11/202.31 mi17, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£83K08/232.32 mi1, Westburn Terrace, Sunderland, Tyne And Wear SR6 9RB2
£115K10/232.32 mi12, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ2
£69K03/232.33 mi29, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£70K01/212.33 mi15, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£94K07/212.34 mi71, Bede Street, Sunderland, Tyne And Wear SR6 0NT2
£103K02/212.34 mi69, Bede Street, Sunderland, Tyne And Wear SR6 0NT2
£84K04/212.36 mi22, Turnstile Mews, Sunderland, Tyne And Wear SR6 9TP2
£101K09/222.36 mi16, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£86K04/212.36 mi19, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£53K07/232.37 mi11, Edgeware Court, Sunderland, Tyne And Wear SR5 2QY2
£74K07/212.37 mi43, Hampden Road, Sunderland, Tyne And Wear SR6 9QH2
£72K12/232.38 mi10, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£82.5K01/212.38 mi26, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£159.9K03/232.39 mi33, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA2
£105K09/222.41 mi25, Association Road, Sunderland, Tyne And Wear SR6 9QG2
£100K02/232.41 mi24, Association Road, Sunderland, Tyne And Wear SR6 9QG2
£175K02/242.43 mi18, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£170K11/202.43 mi12, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£177K11/232.43 mi15, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£173K06/212.45 mi24, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2

Local Rents

50 rents from £595/mo to £2.5K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£2,49509/240.11 miRange View, Whitburn, Sunderland, SR64
£75002/250.12 mi-2
£1,30001/250.14 mi-3
£1,40009/240.14 miFulmar Walk, Whitburn, SR63
£97511/240.16 mi-2
£1,10009/240.16 mi-2
£99501/250.2 mi-3
£1,65009/240.22 miWestcroft, Whitburn, Sunderland4
£1,00009/240.26 miWellands Lane, Sunderland, SR63
£1,00001/250.26 mi-3
£87509/240.28 mi-3
£1,49509/240.32 mi-4
£1,00007/240.33 mi-2
£1,44509/240.35 mi-4
£87509/241.01 miBay Court2
£1,50012/241.02 mi-2
£1,25009/241.14 miUndercliff, Cleadon Lane, Sunderland2
£1,85009/241.26 miEast Farm, Cleadon Village, Sunderland5
£1,20009/241.3 miSunniside Lane, Cleadon, Sunderland3
£1,27509/231.38 mi-4
£1,27509/231.38 mi-4
£1,35009/241.4 miMoor Lane, Sunderland3
£97509/241.48 miWest Meadows Drive, Cleadon2
£89505/241.5 miLizard Lane, South Shields3
£99509/241.53 miDeepdene Grove, Seaburn, Sunderland4
£1,50009/241.54 miHigh Sand Grove, Cleadon, Sunderland3
£65010/231.55 mi-1
£1,05009/241.58 mi-3
£1,15011/241.58 mi-3
£89509/241.6 mi-1
£79509/241.6 mi-1
£79503/251.6 mi-1
£79508/241.6 mi-1
£89508/241.6 mi-1
£77505/231.61 mi-1
£1,15002/241.63 mi-3
£1,15009/241.65 miDovedale Road, Seaburn, Sunderland3
£89505/241.74 miLumley Avenue, South Shields3
£80009/241.74 miLaindon Avenue, Fulwell2
£79507/241.74 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£59509/241.78 mi-1
£82509/241.78 miAshmore House2
£65009/241.81 miSea Road, Fulwell2
£89505/241.81 miFulwell Avenue, South Shields3
£80003/251.86 mi-2
£80005/241.9 mi-3
£77505/241.9 mi-3
£95005/241.9 miEast Avenue, South Shields, NE343
£97505/241.92 miEast Avenue, South Shields, NE343
£85005/241.92 mi-3

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

4.17 miles away

Nearest school

0.40 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £114,950

October 17, 2024

Sold for £107,000

2024

Sold for £73,000

2018

Sold for £40,000

1998

Description

  • Ground Floor Flat +
  • Ideally Located Close to Sea Front and Amenities +
  • Good Sized Lounge +
  • 2 Good Sized Bedrooms +
  • Modern Fitted Kitchen/Diner +
  • Refitted Shower Room +
  • uPVC Double Glazing +
  • Gas Central Heating +
  • Single Garage And Communal Parking +
  • Well Worth Viewing +

PRICE REDUCED FOR AN EARLY SALE IS REQUIRED. This is a rare opportunity to purchase a well proportioned, purpose built ground floor apartment in the popular village of Whitburn within easy walking distance of the sea front, the village centre and a number of other amenities. The property offers manageable 2 bedroom accommodation featuring a good sized fitted kitchen/diner, a refitted shower room and uPVC double glazing. Set in very pleasant communal gardens and with the benefit of a single garage, Internal inspection is essential to appreciate the accommodation on offer. It comprises: entrance hall, lounge, kitchen/diner, 2 bedrooms, bathroom/wc, gas CH (combi), uPVC double glazing, carpets, communal gardens and garage. 

ENTRANCE PORCH Access to bin store; radiator 

ENTRANCE HALL Delft rack; understairs cupboard and separate storage cupboard; cloaks cupboard; laminate floor; radiator  

LOUNGE 13' 7" x 10' 4" (4.16m x 3.17m) Electric fire; laminate floor; radiator  

KITCHEN 10' 5" x 10' 4" (3.19m x 3.15m) Comprehensive range of fitted wall and floor units having ample working surface; single drainer sink unit with one and a half bowl sink and mixer tap; built in electric oven; electric hob; extractor hood; automatic washing machine; automatic dryer; wall mounted Vaillant combi boiler; tiled splashback; laminate floor; strip light  

BEDROOM 1 8' 5" x 11' 11" (2.59m x 3.65m) Range of mirror fronted fitted wardrobes with sliding door; laminate floor; radiator  

BEDROOM 2 9' 1" x 7' 1" (2.79m x 2.18m) laminate floor; radiator 

SHOWER ROOM/WC Vanity wash hand basin with cupboard beneath; low level wc; white suite; handheld fitting over bath; walk in shower enclosure; part tiled; uPVC panelling to walls; heated towel rail  

Extras (included in price ); All fitted carpets, blinds and light fittings included

Gas central heating (combi)

uPVC double glazing

Single garage with up and over door

EPC Rating C

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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