3 Bed Terraced House, Single Let, Sunderland, SR6 0LA, £160,000

Ripon Street, Sunderland, Tyne and Wear, SR6 0LA - 5 months ago

BTL
ROI: 1%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£79K - £275K
Sold Prices/m²£652/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£128,075

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

£750 - £1,100

Rent Estimate

£761

Running Costs/mo

£672

Cashflow/mo

£89

Cashflow/yr

£1,066

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £79K to £275K, average is £145K. £652/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£163.5K09/230.04 mi41, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ3
£163.5K09/230.04 mi41, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ3
£140K02/210.05 mi32, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£159.9K06/230.05 mi42, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£140K10/230.05 mi50, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£128K12/230.05 mi21, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£117K09/210.07 mi9, Beatrice Street, Sunderland, Tyne And Wear SR6 0JN3
£198.8K04/210.07 mi95, Hartington Street, Sunderland, Tyne And Wear SR6 0LJ3
£172.5K08/210.1 mi19, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QF3
£133K01/230.1 mi6, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LE3
£109.1K11/200.1 mi106, Brandling Street, Sunderland, Tyne And Wear SR6 0LL3
£134K03/230.11 mi24, Cardwell Street, Sunderland, Tyne And Wear SR6 0JG3
£154K09/230.12 mi46, Cooper Street, Monkwearmouth, Sunderland, Tyne And Wear SR6 0NQ3
£176K11/200.14 mi17, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN3
£235.5K08/240.14 mi12, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN3
£155K02/230.15 mi5, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QE3
£194K06/240.15 mi6, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QE3
£94K03/210.15 mi47, Gladstone Street, Sunderland, Tyne And Wear SR6 0HZ3
£159.9K02/240.15 mi144, Roker Avenue, Sunderland, Tyne And Wear SR6 0HL3
£180K01/230.15 mi136, Roker Avenue, Sunderland, Tyne And Wear SR6 0HL3
£92K07/230.16 mi106, Gladstone Street, Sunderland, Tyne And Wear SR6 0JA3
£145K09/230.19 mi31, Hampden Road, Sunderland, Tyne And Wear SR6 9QH3
£220K05/210.2 mi34, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ3
£249.9K03/230.2 mi32, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ3
£125K10/210.2 mi19, Fulwell Road, Sunderland, Tyne And Wear SR6 0JB3
£120K01/240.21 mi15, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL3
£136K06/240.21 mi16, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL3
£107K05/210.21 mi39, Roker Avenue, Sunderland, Tyne And Wear SR6 0HX3
£160K03/230.22 mi116, Fulwell Road, Sunderland, Tyne And Wear SR6 9QR3
£106K10/200.22 mi14, Lonsdale Road, Sunderland, Tyne And Wear SR6 9TB3
£180K02/230.23 mi18, Lonsdale Road, Sunderland, Tyne And Wear SR6 9TB3
£187K03/210.24 mi12, Bede Street, Sunderland, Tyne And Wear SR6 0NS3
£155K11/210.24 mi8, Bede Street, Sunderland, Tyne And Wear SR6 0NS3
£92.1K02/240.24 mi32, Whickham Street, Sunderland, Tyne And Wear SR6 0EB3
£159.9K08/210.25 mi3, Burscough Crescent, Sunderland, Tyne And Wear SR6 9SF3
£130K10/230.25 mi11, Burscough Crescent, Sunderland, Tyne And Wear SR6 9SF3
£80K10/230.25 mi6, Glenthorne Road, Sunderland, Tyne And Wear SR6 9TE3
£269.9K08/240.25 mi22, Glenthorne Road, Sunderland, Tyne And Wear SR6 9TE3
£165K01/230.25 mi43, Duke Street North, Sunderland, Tyne And Wear SR6 9RD3
£185K07/210.25 mi2, Dinsdale Road, Roker, Sunderland, Tyne And Wear SR6 9TF3
£265K02/210.28 mi31, Park Parade, Sunderland, Tyne And Wear SR6 9LU3
£275K08/210.28 mi39, Park Parade, Sunderland, Tyne And Wear SR6 9LU3
£245K09/230.29 mi11, St Andrews Terrace, Sunderland, Tyne And Wear SR6 0PB3
£129.9K12/200.29 mi33, Edgeworth Crescent, Sunderland, Tyne And Wear SR6 9SE3
£128K08/210.29 mi26, Fairlands East, Sunderland, Tyne And Wear SR6 9QX3
£125K02/240.29 mi35, Fairlands East, Sunderland, Tyne And Wear SR6 9QX3
£120K12/230.29 mi29, Haven Court, Sunderland, Tyne And Wear SR6 0RL3
£79K11/200.3 mi1, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3
£107.8K08/210.3 mi22, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3
£129.9K12/200.31 mi3, Coastguard Cottages, Sunderland, Tyne And Wear SR6 0PD3
£145K12/220.31 mi34, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3

Local Rents

12 rents from £750/mo to £1.1K/mo, average is £923/mo.

RentDateDistanceAddressBeds 
£85009/240.13 miBrandling Street, Roker3
£1,10004/250.19 mi-3
£79509/240.23 miSandringham Road, Sunderland, Tyne and Wear, SR6 9QZ3
£89503/250.33 mi-3
£85009/240.41 miWarwick Street, Sunderland, Tyne and Wear, SR53
£75009/240.44 miDevonshire Street, Monkwearmouth3
£99509/240.45 mi-3
£99509/240.45 mi-3
£1,10010/240.45 mi-3
£85009/240.46 mi-3
£99509/240.49 miNewcastle Road, Sunderland, SR53
£95003/250.6 mi-3

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.09 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £160,000

December 20, 2024

Listed for £170,000

November 22, 2024

Floor Plans

Description

  • Three Bedroom Dormer Cottage +
  • Three Reception Rooms +
  • Modern Kitchen and Bathroom +
  • Council Tax Band A, Sunderland City Council +
  • EPC Grade E +
  • 107sq m/ 1151 sq ft Floor Area +

Situated in the sought-after Roker area, this delightful terraced cottage is offered with no onward chain, presenting an excellent opportunity for buyers looking for a quick sale.

The ground floor boasts three versatile reception rooms, a modern kitchen, and a stylish bathroom, providing ample space for comfortable living.

Upstairs, the property features three well-proportioned bedrooms, ideal for families or professionals alike.

Externally, there is a small, low-maintenance yard to the rear. With its superb location and spacious layout, this property is not to be missed!

Located in Roker and situated within walking distance to Roker Park, the Coast and the Marina. A highly sought after area which offers an appealing lifestyle with access to an array of popular bars, cafes and restaurants. Excellent transport links via Newcastle road/A1018 and Wessington Way/A1231 appealing to your commuting needs.

Freehold

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

SUN240702/2

Agent Details

YOUR MOVE Chris Stonock, Sunderland

0191 625 0175

Next Steps?

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