2 Bed Semi-Detached House, Single Let, Sunderland, SR2 0FP, £159,995

Greenstem Way, Cherry Tree Park, Ryhope, Sunderland, SR2 0FP - 6 months ago

Sold STC
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£50K - £250K
Sold Prices/m²£786/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£98,901

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,898

 

 

Cash Out

 

Rent Range

£475 - £750

Rent Estimate

£481

Running Costs/mo

£616

Cashflow/mo

£-135

Cashflow/yr

£-1,622

Gross Yield

4%

Local Sold Prices

32 sold prices from £50K to £250K, average is £108K. £786/m² to £3.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£105K04/210.32 mi84, Esdale, Sunderland, Tyne And Wear SR2 0JF2
£140K09/230.39 mi73, Bevan Avenue, Sunderland, Tyne And Wear SR2 0JH2
£80K01/230.45 mi65, Beechbrooke, Ryhope, Sunderland, Tyne And Wear SR2 0NZ2
£101K01/210.53 mi2, Stewart Avenue, Sunderland, Tyne And Wear SR2 0JR2
£50K04/210.57 mi41, Thomas Street South, Ryhope, Sunderland, Tyne And Wear SR2 0PD2
£50K03/210.57 mi11, Thomas Street South, Ryhope, Sunderland, Tyne And Wear SR2 0PD2
£90K09/210.59 mi31, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG2
£55K09/210.6 mi8, Thomas Street, Ryhope, Sunderland, Tyne And Wear SR2 0RF2
£73.5K11/200.6 mi47, Thomas Street, Ryhope, Sunderland, Tyne And Wear SR2 0RF2
£175K01/230.62 mi28, Regent Road, Ryhope, Sunderland, Tyne And Wear SR2 0PP2
£117K07/230.63 mi29, Rushford, Sunderland, Tyne And Wear SR2 0BA2
£103K06/230.68 mi18, Western Hill, Ryhope, Sunderland, Tyne And Wear SR2 0AR2
£83.5K02/230.69 mi4, John Street, Ryhope, Sunderland, Tyne And Wear SR2 0PR2
£250K12/230.7 miSunnydale, Stockton Road, Seaham, County Durham SR7 0PB2
£115K02/230.71 mi68, Shaftesbury Avenue, Sunderland, Tyne And Wear SR2 0AQ2
£150K05/230.72 mi15, Ravensworth, Sunderland, Tyne And Wear SR2 0AY2
£135K03/230.74 mi22, Runnymede, Sunderland, Tyne And Wear SR2 0BJ2
£92K08/230.74 mi6, Scotland Street, Sunderland, Tyne And Wear SR2 0PY2
£118K03/210.77 mi5, Runnymede, Sunderland, Tyne And Wear SR2 0BL2
£126.8K06/210.77 mi45, Richmond, Sunderland, Tyne And Wear SR2 0BN2
£80.5K01/210.8 mi36, Skipsea View, Sunderland, Tyne And Wear SR2 0BX2
£80.5K01/210.8 mi36, Skipsea View, Sunderland, Tyne And Wear SR2 0BX2
£75K12/200.81 mi1, Richmond, Ryhope, Sunderland, Tyne And Wear SR2 0BW2
£106K07/230.83 mi21, Runcorn, Sunderland, Tyne And Wear SR2 0BP2
£97.5K01/210.83 mi50, Runcorn, Sunderland, Tyne And Wear SR2 0BP2
£112.3K09/210.84 mi7, Larkhill, Sunderland, Tyne And Wear SR2 0DF2
£130K01/230.84 mi7, Larkhill, Sunderland, Tyne And Wear SR2 0DF2
£110K03/230.85 mi3, Richmond, Ryhope, Sunderland, Tyne And Wear SR2 0BW2
£112K02/230.96 mi24, Linskell, Sunderland, Tyne And Wear SR2 0EP2
£167.5K04/210.97 mi8, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2
£229K08/230.97 mi6, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2
£205K02/230.97 mi10, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2

Local Rents

13 rents from £475/mo to £750/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£59509/240.45 miBeechbrooke, Ryhope, Sunderland2
£65004/250.45 mi-2
£70009/240.55 miDinsdale Street, Sunderland, Tyne and Wear, SR22
£60007/240.61 mi-2
£58501/250.63 mi-2
£75004/250.71 mi-2
£50004/250.79 mi-2
£47510/230.91 mi-2
£47508/240.91 mi-2
£59509/240.99 miTrevarren Drive, Sunderland2
£52508/231.08 mi-2
£57508/231.17 mi-2
£67509/231.23 mi-2

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

3.35 miles away

Nearest school

0.40 miles away

Nearest train station

2.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £159,995

November 14, 2024

Description

  • BEAUTIFULLY PRESENTED 2 DOUBLE BEDROOM SEMI-DETACHED HOME +
  • GREAT LOCATION WITHIN THE DEVELOPMENT WITH GREEN VIEWS TO FRONT +
  • SOUTH FACING REAR GARDEN +
  • EPC RATING B +
  • FABULOUS KITCHEN WITH DOORS AND WINDOWS LEADING OUT TO TERRIFIC REAR GARDEN PLOT +
  • LOVELY BATHROOM +
  • STYLISH WALL PANELLING & TASTEFUL DECOR THROUGHOUT +

BEAUTIFULLY PRESENTED 2 DOUBLE BEDROOM SEMI-DETACHED HOME - GREAT LOCATION WITHIN THE DEVELOPMENT WITH GREEN VIEWS TO FRONT - SOUTH FACING REAR GARDEN - FABULOUS KITCHEN WITH DOORS AND WINDOWS LEADING OUT TO TERRIFIC REAR GARDEN PLOT - LOVELY BATHROOM - STYLISH WALL PANELLING & TASTEFUL DECOR THROUGHOUT…
Good Life Homes are delighted to bring to the market a wonderful 2 bedroom semi-detached home occupying an envious position with the sought after Cherry Tree Park Development. Part of a quality build by award winning David Wilson Homes, this stylish home also enjoys a south facing rear garden plot which means you’ll enjoy sunshine for the majority of the day, weather permitting of course! Internally, the property is extremely well presented in tasteful tones with some on-trend wall-panelling too. With multi-car driveway, the internal layout briefly comprises; lounge, dining kitchen, 2 double bedrooms, bathroom, gardens to front and rear.
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 that you’ll pay nothing 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 - BEAUTIFULLY PRESENTED 2 DOUBLE BEDROOM SEMI-DETACHED HOME - GREAT LOCATION WITHIN THE DEVELOPMENT WITH GREEN VIEWS TO FRONT - SOUTH FACING REAR GARDEN - FABULOUS KITCHEN WITH DOORS AND WINDOWS LEADING OUT TO TERRIFIC REAR GARDEN PLOT - LOVELY BATHROOM - STYLISH WALL PANELLING & TASTEFUL DECOR THROUGHOUT…

Entrance Hall - Entrance via GRP double-glazed door. Grey laminate flooring, carpeted stairs to first floor landing. Door leading off to lounge.

Lounge - 13' 0'' x 11' 6'' (3.96m x 3.50m) - Light grey laminate wood-effect flooring, radiator, front facing white uPVC double-glazed window with Georgian bars and really pleasant views towards Ryhope pumping station. Feature wall which has been panelled and door leading off internal lobby.

Rear Lobby - Light grey laminate wood-effect flooring, door leading off to kitchen/dining room, door leading off to WC.

Wc - 5' 10'' x 2' 9'' (1.78m x 0.84m) - Vinyl tile-effect flooring. radiator, toilet with low level cistern, sink with single pedestal and chrome tap. Extractor fan.

Dining Kitchen - 14' 7'' x 10' 0'' (4.44m x 3.05m) - Absolutely stunning dining kitchen with Karra style porcelain tile flooring, light grey kitchen with light wood-effect laminate work surface for stylish effect, stainless steel sink with single bowl, single drainer and Monobloc tap. Integrated electric oven, 4 ring gas and feature extractor chimney in stainless steel finish with splash back. Double integrated fridge/freezer, integrated dishwasher, integrated washing machine. Double radiator, built-in cupboard providing additional storage, recessed lights to ceiling. Sufficient space for dining table and chairs. One of the great things about this particular room is the southern aspect with lovely white uPVC double-glazed patio doors and windows either side allowing lots of lights into the space and full views of the patio and garden beyond.

First Floor Landing - Radiator concealed behind cover, side facing white uPVC double-glazed window, loft hatch. 3 doors leading off, 2 to bedrooms and 1 to bathroom.

Bedroom 1 - 11' 7'' x 11' 0'' (3.53m x 3.35m) - A nice double. Carpet flooring, radiator, front facing white uPVC double-glazed window with lovely open views. 2 built-in cupboards providing additional storage, ample space for wardrobes etc.

Bedroom 2 - 11' 2'' x 8' 2'' (3.40m x 2.49m) - Carpet flooring, radiator, rear facing white uPVC double-glazed window. Feature panelled wall. This is also a good size double bedroom.

Bathroom - 6' 7'' x 6' 2'' (2.01m x 1.88m) - Vinyl wood-effect flooring, radiator, rear facing white uPVC double-glazed window with privacy glass. White toilet with low level cistern, white sink with single pedestal and chrome tap, white bath with panel, chrome tap with separate shower fed from the main hot water system with glass shower screen over. Stylish tile choices around the bath area. Electric shaving point, extractor fan.

Externally - Really long block paved driveway suitable for parking 1 or more vehicles with lawn front garden to either side, access down the side of the property to the rear.

The current owners have had the garden landscaped with large area of paved patio immediately adjacent to the house. Area of grassed, raised decked patio to the bottom of the garden. please note that the property is south facing to the rear and enjoys sunshine for the majority of the day weather permitting.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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