3 Bed Terraced House, Single Let, Sunderland, SR2 8SL, £53,000

Hastings Street, Hendon, Sunderland, Tyne and Wear, SR2 8SL - 4 views - 5 months ago

Sold STC
Auction
BTL
ROI: 23%
~101 m²
+4 photos

ValuationUndervalued

Sold Prices£40K - £510K
Sold Prices/m²£405/m² - £2.7K/m²

 

 

Square Metres

~101 m²
Price/m²£525/m²

Value Estimate

£64,130
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,250

Stamp Duty & Legal Fees

£3,850

Total Cash In

£17,100

 

 

Cash Out

 

Rent Range

£595 - £3,500

Rent Estimate

£650

Running Costs/mo

£316

Cashflow/mo

£334

Cashflow/yr

£4,013

ROI

23%

Gross Yield

15%

Local Sold Prices

50 sold prices from £40K to £510K, average is £137.5K. £405/m² to £2.7K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£46K03/210.04 mi147, Hastings Street, Sunderland, Tyne And Wear SR2 8SL3
£140K08/210.11 mi49, Percy Terrace, Sunderland, Tyne And Wear SR2 8SF3
£240K09/210.12 mi2, Raglan Avenue, Sunderland, Tyne And Wear SR2 7TD3
£144K12/200.14 mi75, Stratford Avenue, Sunderland, Tyne And Wear SR2 8RZ3
£165K06/230.14 mi87, Stratford Avenue, Sunderland, Tyne And Wear SR2 8RZ3
£62K06/230.15 mi157, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PS3
£190K09/230.17 miMill House, Ryhope Road, Sunderland, Tyne And Wear SR2 7SZ3
£335K02/210.18 mi8, The Sycamores, Sunderland, Tyne And Wear SR2 7UW3
£260K06/210.19 mi1, Wadsley Square, Sunderland, Tyne And Wear SR2 7UT3
£135K06/230.2 mi26, Cuba Street, Sunderland, Tyne And Wear SR2 8RU3
£120K05/230.2 mi13, Cuba Street, Sunderland, Tyne And Wear SR2 8RU3
£105K03/230.23 mi11, Beverley Road, Sunderland, Tyne And Wear SR2 9QH3
£216.5K11/200.25 mi8, Waldron Square, Sunderland, Tyne And Wear SR2 7UX3
£510K09/220.29 mi25, Sea View Road, Sunderland, Tyne And Wear SR2 7UP3
£140K06/210.3 mi76, Balmoral Terrace, Sunderland, Tyne And Wear SR2 9QG3
£72K08/210.3 mi35, Balmoral Terrace, Sunderland, Tyne And Wear SR2 9QG3
£245K03/210.3 mi11, Wynyard Square, Sunderland, Tyne And Wear SR2 7UY3
£110K11/200.34 mi8, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PE3
£145K01/210.34 mi22, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PD3
£125K11/200.36 mi43, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9NX3
£150K06/210.36 mi27, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9NX3
£68.4K05/210.4 mi24, Guildford Street, Sunderland, Tyne And Wear SR2 8JQ3
£96K12/200.4 mi25, Grange Street South, Sunderland, Tyne And Wear SR2 9QS3
£155K07/230.41 mi26, Woodstock Avenue, Sunderland, Tyne And Wear SR2 9NT3
£175K02/210.42 mi49, Victoria Avenue West, Sunderland, Tyne And Wear SR2 9PQ3
£118K04/230.42 mi15, Westheath Avenue, Sunderland, Tyne And Wear SR2 9NR3
£65.6K02/230.44 mi11, Tower Street West, Sunderland, Tyne And Wear SR2 8JY3
£80K04/210.44 mi7, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£88K04/210.44 mi23, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£247K03/210.47 mi24, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£219K04/210.47 mi18, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£250K05/210.47 mi45, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£259.9K06/210.47 mi2a, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£251K05/210.47 mi2, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£73K02/210.49 mi14, Margaret Street, Sunderland, Tyne And Wear SR2 9SB3
£160K05/210.49 mi12, Leominster Road, Sunderland, Tyne And Wear SR2 9HG3
£97K12/200.49 mi4, Kitchener Terrace, Sunderland, Tyne And Wear SR2 9RR3
£73K01/230.49 mi2, Athol Road, Sunderland, Tyne And Wear SR2 8LQ3
£45K02/210.49 mi36, Athol Road, Sunderland, Tyne And Wear SR2 8LQ3
£97K12/200.52 mi5, Aysgarth Avenue, Sunderland, Tyne And Wear SR2 9RT3
£185K12/220.52 mi8, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH3
£80K12/220.52 mi67, Gray Road, Sunderland, Tyne And Wear SR2 8BW3
£128K06/210.53 mi88, Westheath Avenue, Sunderland, Tyne And Wear SR2 9NS3
£225K05/210.53 mi7, Leighton Road, Sunderland, Tyne And Wear SR2 9HQ3
£185K12/200.55 mi37, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH3
£177.5K11/200.55 mi2, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH3
£102K10/200.55 mi20, St Aidans Avenue, Sunderland, Tyne And Wear SR2 9SF3
£40K01/210.57 mi29, Noble Street, Sunderland, Tyne And Wear SR2 8LU3
£50K07/210.57 mi44, Noble Street, Sunderland, Tyne And Wear SR2 8LU3
£51.5K04/230.57 mi18, Noble Street, Sunderland, Tyne And Wear SR2 8LU3

Local Rents

12 rents from £595/mo to £3.5K/mo, average is £715/mo.

RentDateDistanceAddressBeds 
£79501/250.2 mi-3
£65009/240.23 mi-3
£59501/250.23 mi-3
£65001/250.23 mi-3
£65009/240.23 miSaint Leonard Street, Sunderland, SR23
£70012/240.25 mi-3
£3,50004/250.32 mi-3
£85009/240.38 miGrange Street South, Sunderland, Tyne and Wear, SR23
£70009/240.47 miOswald Terrace, Grangetown, Sunderland3
£73004/250.53 mi-3
£87504/250.55 mi-3
£82509/240.58 mi-3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Price changed to £53,000

February 12, 2025

Listed for £60,000

November 25, 2024

Floor Plans

Description

  • THREE BEDROOM TERRACE HOUSE +
  • GAS CENTRAL HEATING AND DOUBLE GLAZED +
  • GOOD BUY TO LET OR FTB +
  • NO ONWARD CHAIN +

| THREE BEDROOM | REFURBISHED HOUSE | GREAT BUY TO LET | VIEWING ESSENTIAL |TO BE SOLD VIA AUCTION| FEES APPLY

We are delighted to offer to the market this refurbished three bedroom terrace cottage on the popular Hastings Street, Hendon. Benefiting from gas central heating and double glazing the property has the added benefit of a refitted kitchen and bathroom.

Comprising briefly :- Upvc door to the entrance hallway with doors to the lounge, dining room and kitchen, stairs to the first floor landing. To the first floor lie bedroom one, bedroom two and bedroom three. Externally an enclosed yard lies to the rear

Early viewing is essential to avoid missing out..

Council Tax Band: A
Tenure: Freehold

For sale through Pattinson Auction under Conditional Terms.

Agent Details

Pattinson Estate Agents, Sunderland

0191 625 0848

Next Steps?

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