3 Bed Semi-Detached House, Single Let, Sunderland, SR3 2EH, £135,000

22 Norman Avenue, Sunderland, Tyne And Wear, SR3 2EH - 1 views - 5 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£50K - £224.9K
Sold Prices/m²£588/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£126,548

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£595 - £1,550

Rent Estimate

£695

Running Costs/mo

£581

Cashflow/mo

£114

Cashflow/yr

£1,370

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £224.9K, average is £125K. £588/m² to £3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£130K06/230.02 mi7, Davison Avenue, Sunderland, Tyne And Wear SR3 2EJ3
£125K07/230.06 mi42, Orr Avenue, Sunderland, Tyne And Wear SR3 2EN3
£75K03/210.06 mi46, Lord Street, Sunderland, Tyne And Wear SR3 2DY3
£65K01/210.07 mi27, Lord Street, Sunderland, Tyne And Wear SR3 2DY3
£66K11/200.08 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£66K11/200.08 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£70K02/210.08 mi8, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£125K04/210.09 mi20, Park Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 2EF3
£94K08/210.13 mi15, Quarry Street, Sunderland, Tyne And Wear SR3 2DR3
£180K12/210.13 mi75, Cambridge Road, Sunderland, Tyne And Wear SR3 2DG3
£101K02/210.15 mi14, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX3
£82K05/210.19 mi18, Castlereagh Street, Sunderland, Tyne And Wear SR3 1HJ3
£90K03/210.19 mi9, Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear SR3 1HH3
£93K06/210.19 mi22, Hill Street, Sunderland, Tyne And Wear SR3 2DW3
£149.9K02/230.19 mi9, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ3
£105K11/220.21 mi10, Silksworth Terrace, Silksworth, Sunderland, Tyne And Wear SR3 2AT3
£135K02/210.22 mi45, Cambridge Road, Sunderland, Tyne And Wear SR3 2DQ3
£205K11/220.24 mi15, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ3
£195K01/230.27 mi1, Aspley Close, Sunderland, Tyne And Wear SR3 2ES3
£102.5K11/200.3 mi5, Lilac Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 1DP3
£112.5K03/230.31 mi5, Edward Street, Silksworth, Sunderland, Tyne And Wear SR3 1EW3
£90K03/230.33 mi14, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER3
£132K02/210.34 mi9, Lawnhead Square, Sunderland, Tyne And Wear SR3 2TG3
£50K11/210.34 mi16, Seaham Street, Sunderland, Tyne And Wear SR3 1EX3
£180K03/210.35 mi6, Hawthorn Avenue, Sunderland, Tyne And Wear SR3 1DU3
£61K10/200.36 mi7, George Street East, Sunderland, Tyne And Wear SR3 1HG3
£150K02/230.36 mi5, Athol Grove, Sunderland, Tyne And Wear SR3 1ES3
£215K06/210.37 mi5, Runswick Close, Sunderland, Tyne And Wear SR3 2YG3
£115K04/210.38 mi7, Byers Court, Sunderland, Tyne And Wear SR3 1AX3
£127K04/230.38 mi54, Mary Street, New Silksworth, Sunderland, Tyne And Wear SR3 1HD3
£182K03/210.43 mi19, Bracknell Close, Sunderland, Tyne And Wear SR3 2DE3
£68.5K08/230.45 mi3, Wilson Terrace, Sunderland, Tyne And Wear SR3 1EA3
£185K02/230.46 mi19, Devon Drive, Sunderland, Tyne And Wear SR3 1LB3
£155K11/210.48 mi43, Cavendish Place, Sunderland, Tyne And Wear SR3 1JW3
£122K04/230.48 mi21, Rodney Close, Sunderland, Tyne And Wear SR2 0AL3
£104.5K09/210.48 mi30, Rodney Close, Sunderland, Tyne And Wear SR2 0AL3
£116K12/200.5 mi123, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£130K11/200.5 mi112, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£125K04/210.5 mi102, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£132.5K06/210.53 mi1, Richmond, Ryhope, Sunderland, Tyne And Wear SR2 0BW3
£224.9K08/230.54 mi8, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£166K12/200.54 mi20, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£181.5K05/210.54 mi4, Berryfield Close, Sunderland, Tyne And Wear SR3 2XU3
£177K02/210.54 mi10, Berryfield Close, Sunderland, Tyne And Wear SR3 2XU3
£155K04/230.56 mi31, Ladybank, Sunderland, Tyne And Wear SR3 2WJ3
£145K08/230.57 mi22, Westgate Avenue, Sunderland, Tyne And Wear SR3 1BD3
£175K08/230.57 mi33, Vicarage Close, Sunderland, Tyne And Wear SR3 1JF3
£70K01/230.58 mi71, Warwick Terrace, Sunderland, Tyne And Wear SR3 1BP3
£80K09/230.59 mi17, Somerset Street, Sunderland, Tyne And Wear SR3 1BS3
£97K04/210.6 mi19, Runnymede, Sunderland, Tyne And Wear SR2 0BJ3

Local Rents

19 rents from £595/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75009/240.07 miLord Street, Sunderland, Tyne And Wear, SR33
£70004/240.07 mi-3
£75002/250.12 mi-3
£72509/240.15 miSilksworth Terrace, Sunderland3
£1,55005/240.2 mi-3
£75009/240.31 miEdward Street, Sunderland, Tyne And Wear, SR33
£95009/240.39 miCamberley Close, Tunstall3
£65009/240.59 miSomerset Street, Sunderland, Tyne and Wear, SR33
£72509/230.64 mi-3
£80009/240.69 mi-3
£75007/240.72 mi-3
£1,15010/240.87 mi-3
£69509/241.06 miArden Square, Farringdon, Sunderland South, SR3 3
£72509/241.07 miAttlee Grove, Sunderland3
£1,50002/241.13 mi-3
£1,50012/241.13 mi-3
£95009/241.16 miLeechmere Road, Tunstall, Sunderland3
£82504/251.19 mi-3
£59510/241.23 mi-3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

2.35 miles away

Nearest school

0.20 miles away

Nearest train station

2.14 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £135,000

November 14, 2024

Sold for £72,000

2011

Description

  • MOSTLY RENOVATED 3 BEDROOM SEMI-DETACHED HOME +
  • NEW KITCHEN, BATHROOM, PLASTERING & DECOR +
  • JUST NEEDS FLOOR COVERINGS & TILING IN BATHROOM +
  • EPC RATING C +
  • VERY SENSIBLY PRICED +
  • NO CHAIN +
  • GREAT OPPORTUNITY +
  • RECENT REWIRE +

MOSTLY RENOVATED 3 BEDROOM SEMI-DETACHED HOME - PART OPEN PLAN TO GROUND FLOOR - NEW KITCHEN, BATHROOM, PLASTERING, JOINERY & DECOR - JUST NEEDS FLOOR COVERINGS & TILING IN BATHROOM - VERY SENSIBLY PRICED - NO CHAIN - GREAT OPPORTUNITY … Good Life Homes are delighted to bring to the market a terrific opportunity to acquire a spacious 3 bedroom home which has undergone a renovation, including recent rewire, leaving just floor coverings and bathroom tiling to complete. Of particular note is the part-open plan flow to the ground floor which combines the generous front lounge with a fabulous dining kitchen which has a breakfast bar style return for informal dining and creates a real sense of space. There is also a WC leading off the kitchen. On the first floor there are 3 bedrooms and a recently installed bathroom suite. Externally to the rear is a garden with sunny aspect and outbuildings comprising WC, store and former wash house which has a Belfast sink and water. Offered at an attractive price, viewing arrangements can be made by contacting our local office. If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our fixed price selling fees start from just £995 on a no sale no fee basis which means you won’t pay us anything unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home.

Introduction - MOSTLY RENOVATED 3 BEDROOM SEMI-DETACHED HOME - PART OPEN PLAN TO GROUND FLOOR - NEW KITCHEN, BATHROOM, PLASTERING, JOINERY & DECOR - JUST NEEDS FLOOR COVERINGS & TILING IN BATHROOM - VERY SENSIBLY PRICED - NO CHAIN - GREAT OPPORTUNITY …

Entrance Hall - Entrance via white uPVC double-glazed door. Front facing uPVC single-glazed window, double radiator, under stairs cupboard where there is gas meter, electric meter and modern recently updated electric consumer unit. Door leading off to lounge.

Lounge - 13' 0'' x 12' 10'' (3.96m x 3.91m) - Spacious lounge with double radiator, front facing white uPVC double-glazed bow window. Open plan double door leading through to dining kitchen.

Dining Kitchen - 19' 9'' x 10' 6'' (6.02m x 3.20m) - Stretching the full width of the property to the rear, this is a fabulous part open plan space with recently installed fitted kitchen with a range of floor units in a white finish and wood-effect laminate work surfaces. Stainless steel sink with single bowl, single drainer and matching Monobloc tap, integrated electric oven, 4 ring induction hob, space and plumbing for a washing machine, ample space for a tall fridge/freezer if required. The return on the kitchen work surface is wide enough to create a breakfast bar style option. 2 rear facing white uPVC single-glazed windows, cupboard contains a modern Combi boiler, door leading off to WC, uPVC door leading off to external.

Wc - 5' 9'' x 3' 0'' (1.75m x 0.91m) - Toilet with low level cistern and built-in hand basin with chrome tap. Side facing white uPVC single-glazed window.

First Floor Landing - Side facing white uPVC single-glazed window, loft hatch, 4 doors leading off, 3 to bedrooms and 1 to bathroom.

Bathroom - 7' 2'' x 6' 2'' (2.18m x 1.88m) - Newly installed, toilet with low level cistern, sink with single pedestal and chrome tap, bath with panel, chrome tap. Extractor fan, chrome towel heater style radiator, rear facing white uPVC double-glazed window with privacy glass.

Bedroom 1 - 13' 2'' x 10' 3'' (4.01m x 3.12m) - Radiator, rear facing white uPVC single-glazed window rear facing. This is a good size double bedroom.

Bedroom 2 - 13' 4'' x 10' 6'' (4.06m x 3.20m) - Radiator, front facing white uPVC double-glazed widow. Built-in cupboard providing some storage. This is a good size double bedroom.

Bedroom 3 - 10' 0'' x 8' 9'' (3.05m x 2.66m) - L-shaped, measurements taken at widest points.
Radiator, front facing white uPVC double-glazed window. Built-in cupboard providing storage and hanging space. This room would comfortably accommodate a single bed along with wardrobe and drawers.

Externally - Potential driving parking to the front for at least 1 vehicle with the potential to extend further. Side door leading into back garden, lawn front garden.

The property benefits from a fairly secluded rear garden which enjoys a part south facing and part west facing aspect which means gets sunshine particularly the afternoon and evening, weather permitting. External brick outhouse with Belfast sink and outside toilet.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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