2 Bed Flat, Single Let, Sunderland, SR6 7AS, £125,000

Poplar Drive, Sunderland, Tyne and Wear, SR6 7AS - 2 views - 4 months ago

Leasehold

BTL

ROI: 7%

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£31.5K - £290K
Sold Prices/m²	£553/m² - £3K/m²

Square Metres	~68.11 m²
Price/m²	£1.8K/m²
Value Estimate	£114,967£114,967

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£31,250£31,250
Stamp Duty & Legal Fees	£4,950£4,950
Total Cash In	£36,200£36,200

Cash Out
Rent Range	£595 - £2,495£595 - £2,495
Rent Estimate	£766
Running Costs/mo	£564£564
Cashflow/mo	£202£202
Cashflow/yr	£2,426£2,426
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £31.5K to £290K, average is £109.5K. £553/m² to £3K/m², average is £1.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£133K	11/21	0.04 mi	55, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS	-	-	2	Flat
£95.5K	03/21	0.04 mi	63, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS	-	-	2	Flat
£112K	07/22	0.04 mi	20, Poplar Drive, Sunderland, Tyne And Wear SR6 7AS	-	-	2	Flat
£150K	05/21	0.45 mi	4, Beech Court, Sunderland, Tyne And Wear SR6 7JH	£2,250	67	2	Flat
£240K	09/21	0.46 mi	2, The Lawns, Whitburn, Sunderland, Tyne And Wear SR6 7JJ	£2,308	104	2	Flat
£250K	03/24	0.46 mi	6, The Lawns, Whitburn, Sunderland, Tyne And Wear SR6 7JJ	£2,500	100	2	Flat
£230K	12/23	0.99 mi	22, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB	-	-	2	Flat
£246.5K	07/22	0.99 mi	25, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB	-	-	2	Flat
£175K	07/23	0.99 mi	11, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB	£2,134	82	2	Flat
£155K	04/21	0.99 mi	4, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB	£1,962	79	2	Flat
£160K	11/20	0.99 mi	23, Bay Court, Whitburn, Sunderland, Tyne And Wear SR6 8BB	£2,111	76	2	Flat
£221K	11/22	1.81 mi	1, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT	£2,986	74	2	Flat
£290K	06/23	1.81 mi	6, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT	£2,816	103	2	Flat
£257K	05/21	1.82 mi	2, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT	£2,295	112	2	Flat
£215K	10/20	1.82 mi	3, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT	£2,172	99	2	Flat
£175K	01/24	1.96 mi	8, Orchard Court, Sunderland, Tyne And Wear SR6 8NR	-	-	2	Flat
£118K	07/22	2.08 mi	13, Park Gate, Sunderland, Tyne And Wear SR6 9PW	£1,640	72	2	Flat
£105K	08/21	2.08 mi	9, Park Gate, Sunderland, Tyne And Wear SR6 9PW	£1,472	71	2	Flat
£107K	02/23	2.17 mi	21, Selwood Court, South Shields, Tyne And Wear NE34 6QJ	-	-	2	Flat
£105K	07/23	2.17 mi	11, Selwood Court, South Shields, Tyne And Wear NE34 6QJ	-	-	2	Flat
£135K	09/22	2.17 mi	18, Selwood Court, South Shields, Tyne And Wear NE34 6QJ	-	-	2	Flat
£125K	12/22	2.17 mi	14, Selwood Court, South Shields, Tyne And Wear NE34 6QJ	£2,119	59	2	Flat
£130K	02/22	2.18 mi	16, Viewforth Terrace, Sunderland, Tyne And Wear SR5 1PZ	£1,625	80	2	Flat
£80K	01/24	2.18 mi	20, Aspen Place, South Shields, Tyne And Wear NE34 8BZ	-	-	2	Flat
£65K	04/22	2.29 mi	73, Earlston Street, Sunderland, Tyne And Wear SR5 2QS	£1,412	46	2	Flat
£75.5K	11/20	2.32 mi	17, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA	£1,094	69	2	Flat
£31.5K	10/20	2.33 mi	6, Earls Court, Sunderland, Tyne And Wear SR5 2QP	£553	57	2	Flat
£115K	10/23	2.33 mi	12, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ	-	-	2	Flat
£83K	08/23	2.33 mi	1, Westburn Terrace, Sunderland, Tyne And Wear SR6 9RB	£1,153	72	2	Flat
£72K	02/23	2.33 mi	12, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ	-	-	2	Flat
£69K	12/23	2.33 mi	29, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ	£1,175	59	2	Flat
£98K	08/24	2.33 mi	30, Langholm Court, East Boldon, Tyne And Wear NE36 0JZ	£1,531	64	2	Flat
£69K	03/23	2.34 mi	29, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA	£1,131	61	2	Flat
£70K	01/21	2.34 mi	15, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA	£1,000	70	2	Flat
£94K	07/21	2.34 mi	71, Bede Street, Sunderland, Tyne And Wear SR6 0NT	£839	112	2	Flat
£103K	02/21	2.34 mi	69, Bede Street, Sunderland, Tyne And Wear SR6 0NT	£1,304	79	2	Flat
£84K	04/21	2.37 mi	22, Turnstile Mews, Sunderland, Tyne And Wear SR6 9TP	£1,585	53	2	Flat
£101K	09/22	2.38 mi	16, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR	£1,697	60	2	Flat
£86K	04/21	2.38 mi	19, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR	£1,682	51	2	Flat
£74K	07/21	2.39 mi	43, Hampden Road, Sunderland, Tyne And Wear SR6 9QH	£949	78	2	Flat
£72K	12/23	2.39 mi	10, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ	£1,220	59	2	Flat
£82.5K	01/21	2.39 mi	26, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ	£1,100	75	2	Flat
£159.9K	03/23	2.39 mi	33, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA	£2,666	60	2	Flat
£53K	07/23	2.4 mi	11, Edgeware Court, Sunderland, Tyne And Wear SR5 2QY	£898	59	2	Flat
£105K	09/22	2.42 mi	25, Association Road, Sunderland, Tyne And Wear SR6 9QG	£1,842	57	2	Flat
£100K	02/23	2.42 mi	24, Association Road, Sunderland, Tyne And Wear SR6 9QG	£1,908	52	2	Flat
£175K	02/24	2.43 mi	18, Liddell Court, Sunderland, Tyne And Wear SR6 0RH	-	-	2	Flat
£170K	11/20	2.43 mi	12, Liddell Court, Sunderland, Tyne And Wear SR6 0RH	£2,801	61	2	Flat
£177K	11/23	2.43 mi	15, Liddell Court, Sunderland, Tyne And Wear SR6 0RH	£1,924	92	2	Flat
£173K	06/21	2.45 mi	24, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD	£2,703	64	2	Flat

Local Rents

50 rents from £595/mo to £2.5K/mo, average is £975/mo.

Rent	Date	Distance	Address	Beds	Type
£2,495	09/24	0.06 mi	Range View, Whitburn, Sunderland, SR6	4	Detached House
£750	02/25	0.14 mi	-	2	Terraced House
£975	11/24	0.16 mi	-	2	Terraced House
£1,100	09/24	0.16 mi	-	2	Terraced House
£1,300	01/25	0.17 mi	-	3	Detached House
£1,400	09/24	0.17 mi	Fulmar Walk, Whitburn, SR6	3	Detached House
£995	01/25	0.24 mi	-	3	Semi-Detached House
£1,650	09/24	0.25 mi	Westcroft, Whitburn, Sunderland	4	Detached House
£1,000	09/24	0.29 mi	Wellands Lane, Sunderland, SR6	3	Semi-Detached House
£1,000	01/25	0.29 mi	-	3	Semi-Detached House
£875	09/24	0.31 mi	-	3	Semi-Detached House
£1,000	07/24	0.33 mi	-	2	Terraced House
£1,495	09/24	0.33 mi	-	4	Semi-Detached House
£1,445	09/24	0.36 mi	-	4	Semi-Detached House
£875	09/24	1.01 mi	Bay Court	2	Flat
£1,500	12/24	1.03 mi	-	2	Semi-Detached House
£1,250	09/24	1.18 mi	Undercliff, Cleadon Lane, Sunderland	2	Detached House
£1,850	09/24	1.3 mi	East Farm, Cleadon Village, Sunderland	5	Detached House
£1,200	09/24	1.35 mi	Sunniside Lane, Cleadon, Sunderland	3	Flat
£1,275	09/23	1.43 mi	-	4	Detached House
£1,275	09/23	1.43 mi	-	4	Detached House
£1,350	09/24	1.44 mi	Moor Lane, Sunderland	3	Detached House
£895	05/24	1.51 mi	Lizard Lane, South Shields	3	Detached House
£975	09/24	1.52 mi	West Meadows Drive, Cleadon	2	Flat
£995	09/24	1.55 mi	Deepdene Grove, Seaburn, Sunderland	4	House
£1,500	09/24	1.58 mi	High Sand Grove, Cleadon, Sunderland	3	Flat
£650	10/23	1.58 mi	-	1	Bungalow
£1,050	09/24	1.6 mi	-	3	Semi-Detached House
£1,150	11/24	1.6 mi	-	3	Semi-Detached House
£895	09/24	1.64 mi	-	1	Flat
£795	09/24	1.64 mi	-	1	Flat
£795	03/25	1.64 mi	-	1	Flat
£795	08/24	1.64 mi	-	1	Flat
£895	08/24	1.64 mi	-	1	Flat
£775	05/23	1.65 mi	-	1	Flat
£1,150	02/24	1.65 mi	-	3	Semi-Detached House
£1,150	09/24	1.68 mi	Dovedale Road, Seaburn, Sunderland	3	Detached House
£895	05/24	1.76 mi	Lumley Avenue, South Shields	3	Detached House
£800	09/24	1.76 mi	Laindon Avenue, Fulwell	2	Detached House
£795	07/24	1.77 mi	Greenside, Marsden, South Shields, Tyne and Wear, NE34 7RN	3	Semi-Detached House
£825	09/24	1.79 mi	Ashmore House	2	Flat
£595	09/24	1.79 mi	-	1	Flat
£650	09/24	1.82 mi	Sea Road, Fulwell	2	Flat
£895	05/24	1.83 mi	Fulwell Avenue, South Shields	3	Detached House
£800	03/25	1.88 mi	-	2	Terraced House
£800	05/24	1.93 mi	-	3	Semi-Detached House
£775	05/24	1.93 mi	-	3	Semi-Detached House
£950	05/24	1.93 mi	East Avenue, South Shields, NE34	3	Detached House
£975	05/24	1.95 mi	East Avenue, South Shields, NE34	3	Detached House
£850	05/24	1.95 mi	-	3	Semi-Detached House

Local Area Statistics

Population in SR6	30,26830,268
Population in Sunderland	183,740183,740
Town centre distance	4.19 miles away4.19 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.60 miles away1.60 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+29%+29%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £125,000

November 21, 2024

Floor Plans

Description

Wonderful coastal location +
Handy for local shops and cafes +
No upward chain +
Immaculate kitchen +
Recently modernised +
Refurbished shower room +
Single garage +

In an enviable location close to Window Windmill and within a short walk of the clifftops, stands this immaculate ground floor flat.
Suitable for a range of buyers and offered with no upward chain. With neutral décor, this property is bright and airy and ready to move into.

• Entrance hall.
• Spacious living room.
• Modern kitchen with integrated appliances.
• Recently installed family shower room with walk-in shower, vanity unit with basin, WC and heated towel rail.
• Double bedroom.
• Single bedroom.
• Double glazing.
• Made to measure adjustable shutter blinds in every room.
• Brand new combi boiler installed in August 2024 providing central heating throughout.
• Separate Garage.
• Additional storage in 4 separate walk-in cupboards.
• Well maintained communal gardens.
A perfect flat in a peaceful location! To arrange your viewing please contact EweMove Fulwell & Boldon 24/7 by telephone or online.