4 Bed Semi-Detached House, Single Let, Sunderland, SR2 0SH, £160,000

Leechmere View, Sunderland, SR2 0SH - 5 months ago

Sold STC
BTL
~129 m²
+10 photos

ValuationUndervalued

Sold Prices£73K - £450K
Sold Prices/m²£646/m² - £3.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.2K/m²

Value Estimate

£205,700
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,300

Total Cash In

£46,300

 

 

Cash Out

 

Rent Range

£700 - £2,300

Rent Estimate

£700

Running Costs/mo

£660

Cashflow/mo

£40

Cashflow/yr

£480

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £73K to £450K, average is £258K. £646/m² to £3.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£73K11/200.11 mi5, Leechmere Way, Sunderland, Tyne And Wear SR2 0DH4
£266K07/230.23 mi14, Polperro Close, Ryhope, Sunderland, Tyne And Wear SR2 0YN4
£280K08/220.31 mi33, Stratton Close, Sunderland, Tyne And Wear SR2 0YX4
£225K01/210.33 mi41, Bankside Close, Ryhope, Sunderland, Tyne And Wear SR2 0AN4
£190K01/210.35 mi33, Orkney Drive, Ryhope, Sunderland, Tyne And Wear SR2 0TE4
£250K06/220.38 mi10, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW4
£205K02/230.38 mi10, Irene Avenue, Sunderland, Tyne And Wear SR2 9SZ4
£120K07/230.42 mi35, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG4
£220K12/220.43 mi43, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW4
£239.9K06/210.44 mi35, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW4
£250K02/230.44 mi45, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW4
£280K11/200.45 mi2, Angram Drive, Sunderland, Tyne And Wear SR2 7RD4
£355K03/210.5 miThe Wilderness, Cliff Road, Ryhope, Sunderland, Tyne And Wear SR2 0NW4
£215K06/210.58 mi6, Withernsea Grove, Sunderland, Tyne And Wear SR2 0BU4
£277K09/230.59 mi5, Burleigh Close, Sunderland, Tyne And Wear SR2 0BZ4
£156K12/200.59 mi2, Ravensworth, Sunderland, Tyne And Wear SR2 0AY4
£195.5K05/230.63 mi29, Esdale, Sunderland, Tyne And Wear SR2 0JE4
£350K06/210.63 mi1, Mandleston Close, Sunderland, Tyne And Wear SR2 0EG4
£360K11/220.68 mi46, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£317K09/210.71 mi24, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£245K05/210.71 mi22, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£268K03/210.71 mi69, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£275K12/200.71 mi19, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£220K07/210.71 mi33, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£300K10/220.73 mi69, Bowood Close, Sunderland, Tyne And Wear SR2 0BY4
£180K02/210.74 mi14, Wroxham Court, Sunderland, Tyne And Wear SR2 9PG4
£325K11/210.74 mi1, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£240K03/210.74 mi12, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£385K07/210.74 mi56, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£425K08/230.74 mi61, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£275K08/210.74 mi44, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£298K10/200.74 mi54, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£340K09/220.74 mi1, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HY4
£240K08/210.74 mi113, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HZ4
£223K11/200.74 mi126, Aylesford Mews, Sunderland, Tyne And Wear SR2 9HZ4
£185K07/210.75 mi23, Viewforth Road, Sunderland, Tyne And Wear SR2 0NG4
£150K02/210.75 mi10, Viewforth Road, Sunderland, Tyne And Wear SR2 0NG4
£193.5K08/210.76 mi220, Leechmere Road, Sunderland, Tyne And Wear SR2 9JG4
£160K05/210.78 mi192, Westheath Avenue, Sunderland, Tyne And Wear SR2 9JL4
£190K12/220.81 mi31, Weldon Avenue, Sunderland, Tyne And Wear SR2 9QB4
£320K08/220.84 mi63, Sea View Road West, Sunderland, Tyne And Wear SR2 9HA4
£295K05/230.84 mi61, Sea View Road West, Sunderland, Tyne And Wear SR2 9HA4
£292.5K01/210.84 mi67, Sea View Road West, Sunderland, Tyne And Wear SR2 9HA4
£450K01/230.88 mi2, Thornfield Grove, Sunderland, Tyne And Wear SR2 7UZ4
£375K09/220.9 mi1, Yeldon Close, Sunderland, Tyne And Wear SR2 0LU4
£239K11/200.91 mi16, Runswick Close, Sunderland, Tyne And Wear SR3 2YG4
£395K02/230.93 mi20, Tunstall Village Green, Sunderland, Tyne And Wear SR3 2BT4
£275K11/200.94 mi133, Ryhope Road, Sunderland, Tyne And Wear SR2 7UG4
£225K07/230.95 mi77, Stratford Avenue, Sunderland, Tyne And Wear SR2 8RZ4
£337K07/230.97 mi12, Wooler Square, Sunderland, Tyne And Wear SR2 7UU4

Local Rents

20 rents from £700/mo to £2.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79511/240.12 mi-3
£72509/240.19 miAttlee Grove, Sunderland3
£75006/240.22 mi-3
£85009/240.32 miTarn Drive, Grangetown, Sunderland3
£73007/240.38 mi-3
£79509/240.42 miThomas Street, Sunderland, Tyne And Wear, SR23
£87509/240.43 miSt. Pauls Terrace, Sunderland, Tyne and Wear, SR23
£80009/240.58 mi-3
£1,20003/240.62 mi-4
£70009/240.63 miOswald Terrace, Grangetown, Sunderland3
£82502/250.75 mi-3
£85009/240.76 miGrange Street South, Sunderland, Tyne and Wear, SR23
£1,20009/240.76 miQueen Alexandra Road, Grangetown, Sunderland4
£70012/240.86 mi-3
£95009/240.94 miCamberley Close, Tunstall3
£1,25009/241.07 miCherry Brooks Way, Ryhope, Sunderland3
£2,30012/241.13 mi-4
£1,55005/241.14 mi-3
£1,50009/241.21 miHastings Street, Sunderland, SR24
£1,50010/241.21 mi-4

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.77 miles away

Nearest school

0.20 miles away

Nearest train station

1.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Price changed to £160,000

January 31, 2025

Listed for £170,000

November 18, 2024

Floor Plans

Description

  • Freehold +
  • Garden +
  • Ample On Street Parking +
  • Four Bedrooms +
  • Outhouses +
  • Modern Interior +
  • Click On Brochure To Book A Viewing +

The Property
NO ONWARD CHAIN

This delightful four-bedroom end-terraced home is located in a sought-after area, offering convenience and comfort in equal measure. Positioned close to local amenities and excellent transport links, this property is perfect for families and professionals alike.

Upon entering the ground floor, you'll find a spacious, open-plan lounge and dining area, designed for modern living and entertaining. This light-filled space features patio doors that open onto a private rear garden, ideal for indoor-outdoor living during warmer months. The stylish, modern kitchen is well-equipped and provides ample workspace and storage.

Upstairs, the property boasts four generously sized bedrooms, providing plenty of room for a growing family or for use as home offices or guest rooms. The family bathroom is tastefully appointed, offering a clean and contemporary design.

Externally, there are gardens to both the front and rear of the property, offering outdoor space to relax or for children to play. To the rear, you'll also find convenient outhouses that provide additional storage solutions.

This fantastic property combines modern living with an excellent location—early viewing is highly recommended.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Sunderland

020 3910 0894

Next Steps?

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