4 Bed Flat, Single Let, Sunderland, SR2 8LF, £84,950

40 Hendon Valley Road, Sunderland, Tyne And Wear, SR2 8LF - 2 views - 5 months ago

Sold STC
BTL
ROI: 9%
126 m²
+16 photos

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

126 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,238

Stamp Duty & Legal Fees

£3,749

Total Cash In

£24,986

 

 

Cash Out

 

Rent Range

£550 - £3,500

Rent Estimate

£600

Running Costs/mo

£405

Cashflow/mo

£195

Cashflow/yr

£2,334

ROI

9%

Gross Yield

8%

Local Sold Prices

Not enough data

Local Rents

23 rents from £550/mo to £3.5K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£3,50004/250.1 mi-3
£65009/240.17 mi-3
£59501/250.17 mi-3
£65001/250.17 mi-3
£65009/240.17 miSaint Leonard Street, Sunderland, SR23
£87504/250.19 mi-3
£82509/240.21 mi-3
£55009/240.25 miMowbray Close, Sunderland7
£60009/240.25 mi-4
£60009/240.25 mi-4
£60004/250.25 mi-4
£1,10009/240.25 miRowlandson Terrace5
£1,50010/240.27 mi-4
£1,50009/240.27 miHastings Street, Sunderland, SR24
£73003/250.27 mi-3
£79501/250.29 mi-3
£61004/250.36 mi-3
£95003/250.52 mi-3
£1,30009/240.52 mi-4
£1,40009/240.52 mi-4
£1,30009/240.53 miBriery Vale Road, Sunderland4
£1,12609/240.61 miAlice Street, Thornhill, Sunderland, SR24
£70012/240.62 mi-3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

1.88 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £84,950

November 7, 2024

Sold for £45,000

2021

Sold for £44,000

2020

Floor Plans

Description

  • 4 bedroom family home +
  • Recently modernised +
  • Popular location +
  • Easy access to city centre and A19 +

Pattinson estate agents are pleased to offer to market, this 4-bedroom family home, in the ever-popular Hendon area of Sunderland

Recently modernised, this property is ready to move in to and offers great space, as a family home, or as a landlord investment

Located close to local amenities, and just a short distance from Sunderland city centre, university campuses and education facilities, you will also find great transport links via the local rail and metro station, plus a major bus interchange just a short distance away.

The property briefly comprises, entrance hallway offering access the living room, kitchen, bathroom, and two bedrooms.

To the upstairs, there is an additional two bedrooms

Externally there is a rear yard with off street parking accessible via a roller shutter door

This is likely to generate good interest from first buyers, growing families and investors, and we would suggest an early viewing to avoid potential disappointment

Please contact our Sunderland team for more information

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Sunderland

0191 625 0848

Next Steps?

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