4 Bed Terraced House, Single Let, Sunderland, SR2 7LP, £175,000

Otto Terrace, Sunderland, SR2 7LP - 4 views - 5 months ago

BTL
~129 m²
+10 photos

ValuationOvervalued

Sold Prices£67.5K - £489.9K
Sold Prices/m²£486/m² - £2.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.4K/m²

Value Estimate

£155,109

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£477 - £3,500

Rent Estimate

£479

Running Costs/mo

£663

Cashflow/mo

£-184

Cashflow/yr

£-2,204

Gross Yield

3%

Local Sold Prices

50 sold prices from £67.5K to £489.9K, average is £187.5K. £486/m² to £2.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£72K05/230.03 mi28, Otto Terrace, Sunderland, Tyne And Wear SR2 7LP4
£190K02/210.03 mi31, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB4
£215K06/210.03 mi5, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB4
£250K07/210.03 mi45, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB4
£180K09/210.05 mi37, Otto Terrace, Sunderland, Tyne And Wear SR2 7LW4
£120K08/210.06 mi2, Fox Street, Sunderland, Tyne And Wear SR2 7NF4
£160.5K04/230.06 mi10, Fox Street, Sunderland, Tyne And Wear SR2 7NF4
£150.5K03/230.06 mi2, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ4
£88K03/210.06 mi26, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ4
£185K05/210.07 mi5, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY4
£122.5K12/220.07 mi31, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ4
£227.5K05/210.08 mi9, Oakwood Street, Sunderland, Tyne And Wear SR2 7LT4
£230K06/210.08 mi8, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LX4
£165K12/200.12 mi31, Beechwood Street, Sunderland, Tyne And Wear SR2 7LU4
£190K06/230.14 mi3, Elmwood Street, Sunderland, Tyne And Wear SR2 7JJ4
£171K09/210.14 mi26, Elmwood Street, Sunderland, Tyne And Wear SR2 7JJ4
£135K07/230.17 mi5, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE4
£125K05/210.17 mi3, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE4
£190K03/210.19 mi15, Birchfield Road, Sunderland, Tyne And Wear SR2 7QQ4
£112.5K01/240.22 mi37, Thelma Street, Sunderland, Tyne And Wear SR4 7HA4
£250K12/220.22 mi2, Wayside, Sunderland, Tyne And Wear SR2 7QJ4
£80K06/210.23 mi11, Leamington Street, Sunderland, Tyne And Wear SR4 7HD4
£100K08/210.26 mi16, General Graham Street, Sunderland, Tyne And Wear SR4 7HL4
£230.1K11/200.27 mi21, Thornhill Gardens, Sunderland, Tyne And Wear SR2 7LE4
£285K01/210.29 mi5, Brookside Gardens, Sunderland, Tyne And Wear SR2 7RJ4
£135K02/240.34 mi43, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ4
£225K10/200.35 mi7, Holmlands Park North, Sunderland, Tyne And Wear SR2 7SE4
£308K03/210.35 mi3, Holmlands Park North, Sunderland, Tyne And Wear SR2 7SE4
£175K06/210.35 mi12, Cresswell Terrace, Sunderland, Tyne And Wear SR2 7ER4
£230K09/210.36 mi1, Valebrooke Avenue, Sunderland, Tyne And Wear SR2 7HS4
£220K09/210.36 mi11, Valebrooke Avenue, Sunderland, Tyne And Wear SR2 7HS4
£120K12/220.37 mi8, Westbourne Road, Sunderland, Tyne And Wear SR1 3SQ4
£305K04/210.38 mi7, Holmlands Park South, Sunderland, Tyne And Wear SR2 7SG4
£304K04/210.4 mi9, Ashbrooke Mount, Sunderland, Tyne And Wear SR2 7SD4
£290K01/210.4 mi4, Tattershall, Sunderland, Tyne And Wear SR2 7RA4
£175K03/210.4 mi31, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP4
£148K06/230.41 mi104, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL4
£252K01/240.43 mi14, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PE4
£165K05/230.45 mi1, Carlyon Street, Sunderland, Tyne And Wear SR2 7DB4
£67.5K02/240.46 mi7, St Marks Crescent, Sunderland, Tyne And Wear SR4 7BW4
£230K09/210.48 mi40, Ormonde Street, Sunderland, Tyne And Wear SR4 7PJ4
£220K09/210.48 mi42, Ormonde Street, Sunderland, Tyne And Wear SR4 7PJ4
£200K10/210.48 mi12, Audley Gardens, Sunderland, Tyne And Wear SR3 1XR4
£180K03/210.48 mi1, Arrol Park, Sunderland, Tyne And Wear SR4 7BS4
£489.9K05/210.49 mi10, West Lawn, Sunderland, Tyne And Wear SR2 7HW4
£220K03/230.5 mi40, Ewesley Road, Sunderland, Tyne And Wear SR4 7PR4
£120K06/210.5 mi6, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH4
£210K05/230.5 mi243, Chester Road, Sunderland, Tyne And Wear SR4 7RB4
£310K10/200.51 mi1, Bainbridge Holme Close, Sunderland, Tyne And Wear SR3 1YX4
£84K04/240.52 mi16, Queensberry Street, Sunderland, Tyne And Wear SR4 7AG4

Local Rents

43 rents from £477/mo to £3.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,30009/240.03 miAshwood Terrace, Thornhill5
£2,08009/240.09 miOakwood Street, Thornhill, Sunderland, SR25
£1,00008/240.1 mi-4
£90009/240.14 miBeachville Street, Sunderland, SR44
£80009/240.14 mi-4
£90010/240.14 mi-4
£80009/240.17 miHurstwood Road, High Barnes, Sunderland3
£1,20009/240.18 miHavelock Terrace, Sunderland, SR24
£89502/240.19 mi-4
£90009/240.2 miThornlea Court, Thornhill, Sunderland, SR23
£1,75009/240.31 miCresswell Terrace, Thornhill, Sunderland, SR25
£1,40009/240.31 miCresswell Terrace, Thornhill, Sunderland, SR24
£78009/240.33 mi-3
£78004/250.33 mi-3
£47709/240.34 miCity View, 1-4 Thornhill Crescent, Sunderland, Tyne And Wear, SR24
£47709/240.34 miThornhill Crescent, Sunderland, Tyne And Wear, SR24
£49009/240.34 miThornhill Crescent, Sunderland, Tyne And Wear, SR26
£87502/250.35 mi-3
£97509/240.35 miCresswell Terrace, Sunderland3
£87511/240.36 mi-3
£87509/240.36 miGeneral Graham Street, Sunderland3
£1,41009/240.41 miRosedale Street, Sunderland, SR15
£1,30009/240.41 miBriery Vale Road, Sunderland4
£1,30009/240.42 mi-4
£1,40009/240.42 mi-4
£1,64709/240.42 mi-4
£1,73309/240.42 miArgyle Street, Close to City Campus, Sunderland, SR24
£75009/240.43 miGeneral Graham Street, Sunderland, Tyne and Wear, SR44
£3,50003/250.43 mi-3
£85009/240.43 mi-3
£1,12609/240.46 miAlice Street, Thornhill, Sunderland, SR24
£85009/240.46 miOrmonde Street, Barnes, Sunderland, SR44
£95003/250.5 mi-3
£1,50009/240.55 mi-4
£90009/240.57 miHylton Road, Sunderland, SR44
£90009/240.57 miHylton Road, Sunderland, SR44
£85003/250.57 mi-3
£80011/230.58 mi-3
£85012/240.58 mi-3
£1,35009/240.58 miRidgeway Crescent, Ashbrooke3
£1,75009/240.6 miHylton Road, Nr City Campus, SUNDERLAND, SR45
£72509/240.6 miCromwell Street, Sunderland, SR43
£70009/240.62 miBlackett Terrace, Millfield, Sunderland3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £175,000

October 24, 2024

Floor Plans

Description

PLEASE VIEW VIRTUAL TOUR AND FLOORPLAN * TERRACED PERIOD HOME * FOUR BEDROOMS * TWO BATHROOMS * EXCELLENT LOCATION * COUNCIL TAX BAND - C * EPC RATING - D *

Welcome to Otto Terrace, Sunderland - a charming terraced house offering a fantastic opportunity to own a substantial period property in the sought after residential area of Thornhill. This delightful home boasts 2 reception rooms, 4 bedrooms, and 2 bathrooms.

Situated just outside the bustling city centre, this property provides easy access to a plethora of local amenities, including top-rated schools, making it an ideal choice for families. The convenient location also offers excellent transport links, ensuring you're well-connected to the rest of the city and beyond.

Upon entering, you'll be greeted by a spacious entrance hallway leading to two inviting reception rooms one currently used as a bedroom, a kitchen, utility and bathroom.
Upstairs, you'll find four generously sized bedrooms, providing ample space for the whole family a bathroom and staircase to loft room.

This property gives the opportunity to enhance and add value with your personal touch and offers huge potential.

Externally a rear yard with garage door offers a private outdoor space with room for a car if desired.

Viewing comes recommended !

Entry - 1.12 x 1.40 (3'8" x 4'7") -

Hallway - 7.39 x 1.93 (24'2" x 6'3") -

Living Room - 4.14 x 4.62 (13'6" x 15'1") -

Kitchen - 4.45 x 2.93 (14'7" x 9'7") -

Utility - 1.68 x 2.92 (5'6" x 9'6") -

Bathroom - 2.23 x 1.85 (7'3" x 6'0") -

Bedroom 1 - 4.18 x 4.10 (13'8" x 13'5") -

Bedroom 2 - 4.18 x 3.69 (13'8" x 12'1") -

Bedroom 3 - 2.89 x 2.55 (9'5" x 8'4") -

Bathroom - 2.05 x 1.96 (6'8" x 6'5") -

Bedroom 4 - 3 x 1.92 (9'10" x 6'3") -

Agent Details

Hunters, Fulwell

0191 625 1028

Next Steps?

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