2 Bed Bungalow, Refurb/BRRR, Sunderland, SR3 1YL, £275,000





ValuationOvervalued
Sold Prices | £68.5K - £325K |
Sold Prices/m² | £941/m² - £3.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4K/m² |
Value Estimate | £101,680£101,680 |
| |
End Value (After Refurb) | £262,500£262,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £68,750£68,750 |
Stamp Duty & Legal Fees | £10,700£10,700 |
Refurb Costs | £26,073£26,073 |
Bridging Loan Interest | £7,219£7,219 |
Total Cash In | £114,491£114,491 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £262,500£262,500 |
Mortgage (After Refinance) | £196,875£196,875 |
Mortgage LTV | 75%75% |
Cash Left In | £114,491£114,491 |
Equity | £65,625£65,625 |
Rent Range | £495 - £2,000£495 - £2,000 |
Rent Estimate | £714 |
Running Costs/mo | £983£983 |
Cashflow/mo | £-269£-269 |
Cashflow/yr | £-3,229£-3,229 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £68.5K to £325K, average is £120.5K. £941/m² to £3.5K/m², average is £1.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£195K | 12/20 | 0.04 mi | 23, St Nicholas Avenue, Sunderland, Tyne And Wear SR3 1YH | £2,014 | 97 | 2 | Semi-Detached House | |
£305K | 06/21 | 0.07 mi | 5, Granby Close, Sunderland, Tyne And Wear SR3 1XG | - | - | 2 | Semi-Detached House | |
£167.5K | 01/21 | 0.08 mi | 3, Heatherlea Gardens, Sunderland, Tyne And Wear SR3 1YQ | £1,801 | 93 | 2 | Semi-Detached House | |
£115K | 02/21 | 0.12 mi | 4, Cranbrook, Sunderland, Tyne And Wear SR3 1DL | £1,917 | 60 | 2 | Terraced House | |
£133K | 09/23 | 0.13 mi | 4, Frinton Park, Sunderland, Tyne And Wear SR3 1DN | £2,307 | 58 | 2 | Terraced House | |
£197.5K | 09/23 | 0.13 mi | 53, Hipsburn Drive, Sunderland, Tyne And Wear SR3 1TY | - | - | 2 | Semi-Detached House | |
£249.9K | 06/23 | 0.15 mi | 24, Crosslea Avenue, Sunderland, Tyne And Wear SR3 1LS | £2,976 | 84 | 2 | Semi-Detached House | |
£230K | 12/20 | 0.25 mi | 38, Crosslea Avenue, Sunderland, Tyne And Wear SR3 1LU | £2,771 | 83 | 2 | Semi-Detached House | |
£245K | 11/20 | 0.28 mi | 8, Burford Gardens, Sunderland, Tyne And Wear SR3 1LX | - | - | 2 | Semi-Detached House | |
£179.9K | 11/20 | 0.28 mi | 173, Queen Alexandra Road, Sunderland, Tyne And Wear SR3 1XN | £1,874 | 96 | 2 | Semi-Detached House | |
£190K | 08/21 | 0.29 mi | 26, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PE | £2,262 | 84 | 2 | Semi-Detached House | |
£176.3K | 07/21 | 0.31 mi | 9, Dunbreck Grove, Sunderland, Tyne And Wear SR4 7LL | - | - | 2 | Semi-Detached House | |
£325K | 03/23 | 0.35 mi | 10, Thristley Gardens, Sunderland, Tyne And Wear SR2 9BL | £3,533 | 92 | 2 | Semi-Detached House | |
£207.5K | 12/22 | 0.36 mi | 120, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LJ | £2,358 | 88 | 2 | Semi-Detached House | |
£175K | 12/20 | 0.39 mi | 3, Harperley Drive, Sunderland, Tyne And Wear SR3 1AW | £2,966 | 59 | 2 | Semi-Detached House | |
£195K | 11/20 | 0.39 mi | 14, Harperley Drive, Sunderland, Tyne And Wear SR3 1AW | - | - | 2 | Detached House | |
£225K | 06/23 | 0.42 mi | 7, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP | £2,586 | 87 | 2 | Semi-Detached House | |
£175.7K | 11/23 | 0.42 mi | 11, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP | - | - | 2 | Bungalow | |
£94K | 12/20 | 0.43 mi | 34, Tudor Grove, Sunderland, Tyne And Wear SR3 1SB | £1,541 | 61 | 2 | Semi-Detached House | |
£100K | 03/21 | 0.43 mi | 82, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW | £1,639 | 61 | 2 | Terraced House | |
£215K | 11/23 | 0.45 mi | 17, Mount Grove, Sunderland, Tyne And Wear SR4 7NW | £2,416 | 89 | 2 | Semi-Detached House | |
£200K | 10/21 | 0.46 mi | 70, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PY | - | - | 2 | Semi-Detached House | |
£82K | 06/23 | 0.53 mi | 107, Premier Road, Sunderland, Tyne And Wear SR3 1SY | - | - | 2 | Terraced House | |
£100K | 12/23 | 0.54 mi | 54, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NJ | - | - | 2 | Terraced House | |
£105K | 11/20 | 0.54 mi | 75, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NJ | £1,522 | 69 | 2 | Terraced House | |
£96.5K | 10/21 | 0.55 mi | 27, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ | - | - | 2 | Terraced House | |
£115K | 12/20 | 0.55 mi | 99, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL | £1,493 | 77 | 2 | Terraced House | |
£112.5K | 04/23 | 0.55 mi | 89, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL | - | - | 2 | Terraced House | |
£93K | 07/23 | 0.58 mi | 51, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ | - | - | 2 | Semi-Detached House | |
£106K | 09/23 | 0.58 mi | 58, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ | £1,413 | 75 | 2 | Semi-Detached House | |
£129.5K | 08/21 | 0.58 mi | 9, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ | - | - | 2 | Semi-Detached House | |
£120K | 11/23 | 0.6 mi | 28, Queens Crescent, Sunderland, Tyne And Wear SR4 7JN | £1,767 | 68 | 2 | Semi-Detached House | |
£68.5K | 08/21 | 0.61 mi | 31, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS | - | - | 2 | Terraced House | |
£123K | 06/23 | 0.63 mi | 20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX | £1,519 | 81 | 2 | Terraced House | |
£78K | 12/20 | 0.63 mi | 20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX | £963 | 81 | 2 | Terraced House | |
£110K | 01/21 | 0.63 mi | 3a, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP | £1,009 | 109 | 2 | Terraced House | |
£76.5K | 05/23 | 0.63 mi | 6, Kitchener Street, Sunderland, Tyne And Wear SR4 7QJ | £1,342 | 57 | 2 | Terraced House | |
£80K | 02/21 | 0.65 mi | 3, Beachville Street, Sunderland, Tyne And Wear SR4 7NA | £941 | 85 | 2 | Terraced House | |
£96K | 05/21 | 0.65 mi | 22, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF | £990 | 97 | 2 | Semi-Detached House | |
£112K | 09/23 | 0.66 mi | 26, Nora Street, Sunderland, Tyne And Wear SR4 7QW | - | - | 2 | Terraced House | |
£100K | 11/21 | 0.66 mi | 29, Nora Street, Sunderland, Tyne And Wear SR4 7QW | £1,333 | 75 | 2 | Terraced House | |
£76K | 01/23 | 0.66 mi | 1, Nora Street, Sunderland, Tyne And Wear SR4 7QW | - | - | 2 | Terraced House | |
£92K | 08/23 | 0.68 mi | 3, Vale Street, Sunderland, Tyne And Wear SR4 7NB | £1,122 | 82 | 2 | Terraced House | |
£92K | 08/23 | 0.68 mi | 28, General Graham Street, Sunderland, Tyne And Wear SR4 7HL | £1,129 | 82 | 2 | Terraced House | |
£121K | 06/23 | 0.68 mi | 23, General Graham Street, Sunderland, Tyne And Wear SR4 7HL | - | - | 2 | Terraced House | |
£156K | 09/23 | 0.69 mi | 22, Corby Gate, Sunderland, Tyne And Wear SR2 7JB | £2,108 | 74 | 2 | Semi-Detached House | |
£172K | 04/21 | 0.7 mi | 6, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF | £1,323 | 130 | 2 | Detached House | |
£179.9K | 07/22 | 0.71 mi | 1, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF | - | - | 2 | Detached House | |
£112.5K | 05/23 | 0.71 mi | 13, Greta Terrace, Sunderland, Tyne And Wear SR4 7RD | £1,406 | 80 | 2 | Semi-Detached House | |
£115K | 12/20 | 0.71 mi | 2, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG | £1,597 | 72 | 2 | Terraced House |
Local Rents
50 rents from £495/mo to £2K/mo, average is £700/mo.
Rent | Date | Distance | Address | Beds | Type | |
£700 | 09/24 | 0.41 mi | Belle Vue Crescent, Sunderland, SR2 | 2 | Flat | |
£875 | 09/24 | 0.51 mi | Willow Green, Ashbrooke, Sunderland, SR2 | 2 | Flat | |
£1,995 | 01/25 | 0.57 mi | - | 2 | Flat | |
£675 | 09/24 | 0.61 mi | 5 Thornhill Gardens, Sunderland, SR2 | 2 | Flat | |
£700 | 09/24 | 0.63 mi | Thornhill Gardens, Ashbrooke, Sunderland, SR2 | 2 | Flat | |
£495 | 09/24 | 0.64 mi | - | 2 | Flat | |
£495 | 11/24 | 0.64 mi | - | 2 | Flat | |
£495 | 11/24 | 0.64 mi | - | 2 | Flat | |
£750 | 09/24 | 0.65 mi | Ennerdale, Ashbrooke | 2 | House | |
£800 | 10/24 | 0.66 mi | - | 2 | Flat | |
£715 | 01/25 | 0.66 mi | - | 2 | Flat | |
£850 | 04/25 | 0.66 mi | - | 2 | Flat | |
£600 | 09/24 | 0.67 mi | Nora Street, High Barnes, Sunderland | 2 | Terraced House | |
£875 | 12/24 | 0.67 mi | - | 2 | Flat | |
£650 | 02/25 | 0.69 mi | - | 2 | Terraced House | |
£795 | 09/24 | 0.71 mi | - | 2 | Terraced House | |
£575 | 09/24 | 0.75 mi | Perth Road, Plains Farm, Sunderland | 2 | Detached House | |
£650 | 09/24 | 0.76 mi | Dene Street, Sunderland, SR3 | 2 | Terraced House | |
£695 | 09/24 | 0.77 mi | Azalea Terrace South, Sunderland, Tyne and Wear, SR2 7EX | 2 | Flat | |
£750 | 09/24 | 0.77 mi | Leopold House, Albert Court, Sunderland, SR2 | 2 | Flat | |
£850 | 09/24 | 0.77 mi | - | 2 | Flat | |
£750 | 01/25 | 0.78 mi | - | 2 | Flat | |
£2,000 | 02/25 | 0.78 mi | - | 2 | Flat | |
£750 | 02/25 | 0.79 mi | - | 2 | Flat | |
£750 | 01/25 | 0.79 mi | - | 2 | Flat | |
£750 | 09/24 | 0.79 mi | - | 2 | Flat | |
£750 | 02/25 | 0.79 mi | - | 2 | Flat | |
£695 | 09/24 | 0.79 mi | Albert Court, Royal Courts, Sunderland | 2 | Flat | |
£650 | 09/24 | 0.8 mi | 1-4 Ashbrooke Terrace, Sunderland | 2 | Flat | |
£750 | 09/24 | 0.81 mi | Argyle Square, Sunderland, SR2 | 2 | Flat | |
£685 | 11/24 | 0.82 mi | - | 2 | Flat | |
£685 | 11/24 | 0.82 mi | - | 2 | Flat | |
£650 | 09/24 | 0.82 mi | Park Hall, Sunderland, Ashbrooke, SR2 | 2 | Flat | |
£700 | 08/24 | 0.84 mi | - | 2 | Flat | |
£700 | 10/24 | 0.84 mi | - | 2 | Flat | |
£750 | 09/24 | 0.84 mi | Summerhill, Thornhill, Sunderland, SR2 | 2 | Flat | |
£750 | 08/24 | 0.84 mi | - | 2 | Flat | |
£700 | 10/24 | 0.85 mi | - | 2 | Flat | |
£700 | 09/24 | 0.85 mi | - | 2 | Flat | |
£700 | 01/25 | 0.85 mi | - | 2 | Flat | |
£700 | 02/25 | 0.85 mi | - | 2 | Flat | |
£700 | 11/24 | 0.85 mi | - | 2 | Flat | |
£675 | 12/24 | 0.85 mi | - | 2 | Flat | |
£700 | 09/24 | 0.86 mi | - | 2 | Flat | |
£725 | 09/24 | 0.87 mi | - | 2 | Flat | |
£500 | 02/24 | 0.87 mi | - | 2 | Terraced House | |
£500 | 03/24 | 0.87 mi | - | 2 | Terraced House | |
£500 | 09/24 | 0.87 mi | Somerset Cottages, Sunderland, SR3 | 2 | Terraced House | |
£700 | 03/25 | 0.88 mi | - | 2 | Flat | |
£700 | 09/24 | 0.88 mi | Orchard House, Belford Close, SUNDERLAND, SR2 | 2 | Flat |
Local Area Statistics
Population in SR3 | 38,30638,306 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 1.13 miles away1.13 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.80 miles away0.80 miles away |
| |
Rental growth (12m) | +32%+32% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £275,000
November 15, 2024
Sold for £176,000
2019
Description
- LARGER STYLE SEMI-DETACHED BUNGALOW +
- 2 DOUBLE BEDROOMS WITH FITTED ROBES +
- BEAUTIFUL BATHROOM WITH LARGE WALK-IN DOUBLE SHOWER +
- EPC RATING D +
- SUPERB KITCHEN DINING ROOM WITH STYLISH KITCHEN +
- LONG DRIVEWAY LEADING TO DETACHED GARAGE +
- WELL-MAINTAINED GENEROUS GARDEN PLOT TO REAR +
- NEW ROOF +
- COMPREHENSIVE RECENT REFURBISHMENT READY TO MOVE INTO +
LARGER STYLE SEMI-DETACHED BUNGALOW - 2 DOUBLE BEDROOMS WITH FITTED ROBES - BEAUTIFUL BATHROOM WITH LARGE WALK-IN DOUBLE SHOWER - SUPERB KITCHEN DINING ROOM WITH STYLISH KITCHEN - LONG DRIVEWAY LEADING TO DETACHED GARAGE - WELL-MAINTAINED GENEROUS GARDEN PLOT TO REAR - NEW ROOF - COMPREHENSIVE RECENT REFURBISHMENT READY TO MOVE INTO … Good Life Homes are delighted to bring to the market a gorgeous larger-style 2 double bedroom semi-detached bungalow in a sought-after location just off Crosslea Avenue. The subject of a significant renovation in recent years by the current owner, including a complete new roof, this beautiful spacious bungalow now offers a modern, up to date, ready to move into opportunity perfect for buyers looking for one-level living without the need to compromise too much on space and without having to carry out renovation works prior to moving in. Briefly comprising on the outside; long driveway leading to detached garage, never need to cut your front garden again with a time-saving artificial lawn, traditional rear lawn with borders and nice aspect. Internally, the property comprises 2 double front facing bedrooms with fitted robes, generous lounge, lovely bathroom with walk-in double shower and convenient stylish controls, fabulous dining kitchen with stylish units and large enough to ensure you probably wont have to compromise on space if you’re downsizing from a traditional house. A lovely bungalow by any standard, 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 - LARGER STYLE SEMI-DETACHED BUNGALOW - 2 DOUBLE BEDROOMS WITH FITTED ROBES - BEAUTIFUL BATHROOM WITH LARGE WALK-IN DOUBLE SHOWER - SUPERB KITCHEN DINING ROOM WITH STYLISH KITCHEN - LONG DRIVEWAY LEADING TO DETACHED GARAGE - WELL-MAINTAINED GENEROUS GARDEN PLOT TO REAR - NEW ROOF
- COMPREHENSIVE RECENT REFURBISHMENT READY TO MOVE INTO …
Entrance Hall - Laminate wood-effect flooring, vertical radiator, loft hatch with pull down ladders, doors leading off dining kitchen, lounge, 2 bedroom and bathroom. Large vertical radiator, built-in cupboard housing modern electric consumer unit and electric meter.
Bedroom 1 - 5.05m x 4.01m (16'7 x 13'2) - Measurements taken at widest points and into bay
Large double bedroom.
Carpet flooring, vertical radiator, white uPVC double-glazed bay window. Stylish fitted wardrobes to 1 wall with sliding doors providing a good degree of storage and hanging space.
Bedroom 2 - 3.66m x 3.53m (12'0 x 11'7) - This is also a good size double bedroom.
Carpet flooring, radiator, front facing white uPVC double-glazed bay window. Fitted wardrobes to 1 wall with sliding mirrored doors providing a good degree of storage and hanging space.
Bathroom - 2.67m x 1.96m (8'9 x 6'5) - A beautiful stylish bathroom with texture wall and floor tiles in a natural stone-effect finish, side facing white uPVC double-glazed window with privacy glass. Toilet and sink built into stylish vanity unit with concealed cistern and push button flush and chrome tap, gorgeous walk-in low profile shower with fixed glass shower and shower fed from the main hot water system comprising fixed overhead shower and separate hand held shower. Clever recess built into the shower area with small shelf positioned at a convenient height to house, shampoo soaps and shower gel etc. vertical radiator. Recessed lights to ceiling.
Lounge - 5.00m x 4.01m (16'5 x 13'2) - A lovely size.
Carpet flooring, vertical radiator, rear facing lovely white uPVC double-glazed bay window with views over the garden. Plasma style fire built into the chimney breast.
Kitchen - 7.82m x 3.66m (25'8 x 12'0) - Fabulous open plan space to the rear of the property continuing stylish one level living comprising laminate wood-effect flooring, vertical radiators, under window radiator, white uPVC double-glazed bay window over garden and beyond. Stylish fitted kitchen with a range of wall and floor units in a light grey-effect finish with complementary laminate wood-effect work surface which returns to create an informal breakfast bar facility suitable for at least 2 bar stools. The kitchen enjoys a quartz style sink with bowl and a half and Monobloc tap. Integrated electric oven and integrated combination microwave, space and plumbing for washing machine, space tall fridge/freezer, 2 side facing white uPVC double-glazed windows. Central to the kitchen is a 4 ring ceramic induction hob with matching splash back and feature extractor chimney. We note, plenty of double sockets within the kitchen area to cover portable appliances.
Garage - Single manual door access, electric sockets and lighting.
Externally - Multi car driveway leading to a detached garage at the rear. Artificial lawn with gravel borders. White uPVC double-glazed door to the side leading into enclosed porch, internal door leading into entrance hall.
The property has been made completely low maintenance with large area laid to lawn, borders and gravel chippings, access to the garage from the side. The property enjoys a sunny aspect particularly in the afternoon and evening as the sun comes around to the west facing aspect.
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