2 Bed Terraced House, Single Let, Sunderland, SR3 4JX, £84,635

97 Tanfield Road, Sunderland, Tyne And Wear, SR3 4JX - 2 views - 6 months ago

BTL
ROI: 7%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£62.5K - £185K
Sold Prices/m²£774/m² - £2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,066
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,159

Stamp Duty & Legal Fees

£3,739

Total Cash In

£24,898

 

 

Cash Out

 

Rent Range

£525 - £960

Rent Estimate

£550

Running Costs/mo

£394

Cashflow/mo

£156

Cashflow/yr

£1,866

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £62.5K to £185K, average is £92.5K. £774/m² to £2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K12/200.33 mi18, Strathmore Road, Sunderland, Tyne And Wear SR3 4EY2
£119K06/230.33 mi20, Strathmore Road, Sunderland, Tyne And Wear SR3 4EY2
£90.3K05/230.35 mi37, Abercorn Road, Sunderland, Tyne And Wear SR3 3LG2
£85K03/230.35 mi32, Abercorn Road, Sunderland, Tyne And Wear SR3 3LG2
£95K09/230.39 mi22, Gainsborough Square, Sunderland, Tyne And Wear SR4 8HZ2
£80K03/210.41 mi40, Gairloch Road, Sunderland, Tyne And Wear SR4 8HX2
£75K11/200.41 mi3, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£68.5K02/210.41 mi15, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£96K08/230.41 mi15, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£109K08/210.42 mi1, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£105K01/230.43 mi3, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£100K10/230.44 mi193, Grindon Lane, Sunderland, Tyne And Wear SR4 8HS2
£78K02/210.45 mi55, Aintree Road, Sunderland, Tyne And Wear SR3 3DH2
£85K01/210.46 mi87, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JF2
£86K05/210.46 mi71, Arbroath Road, Sunderland, Tyne And Wear SR3 3LB2
£62.5K11/200.47 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£62.5K11/200.47 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£86K01/230.48 mi56, Arundel Road, Sunderland, Tyne And Wear SR3 3JW2
£65K08/230.48 mi88, Townsend Road, Sunderland, Tyne And Wear SR3 4LU2
£85K11/200.48 mi17, Galsworthy Road, Sunderland, Tyne And Wear SR4 8JQ2
£75K03/210.48 mi2, Sunningdale Road, Sunderland, Tyne And Wear SR3 4HE2
£92K11/230.5 mi73, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£95K11/200.5 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£105K01/240.5 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£79.6K07/230.5 mi5, Portree Square, Sunderland, Tyne And Wear SR3 1QU2
£80K05/230.52 mi17, Arundel Road, Sunderland, Tyne And Wear SR3 3JS2
£74K05/230.52 mi9, Paignton Square, Sunderland, Tyne And Wear SR3 1QT2
£127.4K10/200.52 mi18, Gillingham Road, Sunderland, Tyne And Wear SR4 8LD2
£75K10/230.54 mi22, Greenshields Road, Sunderland, Tyne And Wear SR4 9RF2
£170K08/230.56 mi62, North Farm Avenue, Sunderland, Tyne And Wear SR4 9SD2
£100K01/230.56 mi25, Ambrose Road, Sunderland, Tyne And Wear SR3 3JP2
£98K12/220.59 mi96, Galashiels Road, Sunderland, Tyne And Wear SR4 8JL2
£93K01/210.59 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£98.6K03/240.59 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£95K12/200.61 mi51, Atlantis Road, Sunderland, Tyne And Wear SR3 3JL2
£89K10/200.63 mi8, Knightsbridge, Sunderland, Tyne And Wear SR3 3DP2
£95K02/210.63 mi11, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£110K11/230.63 mi6, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£85K11/200.64 mi6, Antwerp Road, Sunderland, Tyne And Wear SR3 3JQ2
£77K04/210.64 mi17, Greenwood Road, Sunderland, Tyne And Wear SR4 8JR2
£171K05/230.66 mi78, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX2
£160K02/230.66 mi111, The Broadway, Sunderland, Tyne And Wear SR4 8PA2
£84K04/230.66 mi33, Andrew Road, Sunderland, Tyne And Wear SR3 3JF2
£121K11/200.66 mi22, Piccadilly, Sunderland, Tyne And Wear SR3 3DR2
£100K12/210.67 mi6, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£90K01/210.67 mi23, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£185K07/230.68 mi76, Hillcrest, Sunderland, Tyne And Wear SR3 3NN2
£95K06/230.68 mi15, Gartland Road, Sunderland, Tyne And Wear SR4 9QL2
£85K01/210.69 mi68, Antwerp Road, Sunderland, Tyne And Wear SR3 3JH2
£95K03/230.71 mi8, The Greenway, Sunderland, Tyne And Wear SR4 8PF2

Local Rents

10 rents from £525/mo to £960/mo, average is £673/mo.

RentDateDistanceAddressBeds 
£75010/230.44 mi-2
£69509/230.45 mi-2
£96011/240.47 mi-2
£65002/250.48 mi-2
£62509/240.5 miAlnwick Road, Sunderland2
£75009/240.5 mi-2
£65009/240.51 mi-2
£69509/240.52 miArundel Road, Sunderland, Tyne and Wear, SR3 3JW2
£52509/240.55 mi-2
£65012/240.61 mi-2

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

1.38 miles away

Nearest school

0.20 miles away

Nearest train station

1.54 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £84,635

October 22, 2024

Sold for £66,500

2022

Sold for £58,000

2013

Floor Plans

Description

  • 2 Bedrooms +
  • Living Room +
  • Kitchen +
  • Bathroom +
  • Externally +
  • Council Tax Band: A +
  • Epc: D +
  • Tenure: Freehold +
  • Nb +
  • Material Information +

TENANT IN SITU!

End of terrace house located in a desirable area of Sunderland. This 2-bedroom property boasts a modern interior design, a well-generously sized garden, and ample natural light. Conveniently situated close to local amenities and transport links. Ideal for first-time buyers or investors looking to expand their portfolio.

Current rent: £550pcm
Yield: 7.80%

Internal inspection comes recommended.

Agent Details

Hegartys Estate Agents, Houghton le Spring

0191 625 0179

Next Steps?

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