3 Bed Terraced House, Refurb/BRRR, Sunderland, SR6 9SE, £89,995

Edgeworth Crescent, Sunderland, Tyne and Wear, SR6 9SE - 3 views - 4 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 6%
~93 m²
+15 photos

ValuationFair Value

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

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£90,895

 

 

End Value (After Refurb)

£152,960

Uplift in Value

+70%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,499

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£35,600

Bridging Loan Interest

£2,362

Total Cash In

£66,111

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£152,960

Agent Fees (1%)

£1,530

Bridging Loan

£67,496

Bridging Loan Interest

£2,362

Flip Profit

£17,823

Local Sold Prices

51 sold prices from £79K to £275K, average is £140K. £652/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£129.9K12/200.02 mi33, Edgeworth Crescent, Sunderland, Tyne And Wear SR6 9SE3
£159.9K08/210.03 mi3, Burscough Crescent, Sunderland, Tyne And Wear SR6 9SF3
£130K10/230.03 mi11, Burscough Crescent, Sunderland, Tyne And Wear SR6 9SF3
£128K08/210.06 mi26, Fairlands East, Sunderland, Tyne And Wear SR6 9QX3
£125K02/240.06 mi35, Fairlands East, Sunderland, Tyne And Wear SR6 9QX3
£125K04/230.06 mi30, Fairlands West, Sunderland, Tyne And Wear SR6 9QY3
£132K08/230.06 mi17, Fairlands West, Sunderland, Tyne And Wear SR6 9QY3
£160K03/230.07 mi116, Fulwell Road, Sunderland, Tyne And Wear SR6 9QR3
£125K10/210.09 mi19, Fulwell Road, Sunderland, Tyne And Wear SR6 0JB3
£92K07/230.12 mi106, Gladstone Street, Sunderland, Tyne And Wear SR6 0JA3
£155K02/230.12 mi5, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QE3
£194K06/240.12 mi6, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QE3
£120K01/240.12 mi15, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL3
£136K06/240.12 mi16, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL3
£185K08/230.13 mi19, Inverness Street, Sunderland, Tyne And Wear SR6 9RU3
£165K01/230.15 mi43, Duke Street North, Sunderland, Tyne And Wear SR6 9RD3
£148K04/210.17 mi2, Wearmouth Drive, Sunderland, Tyne And Wear SR5 1LX3
£145K09/230.17 mi31, Hampden Road, Sunderland, Tyne And Wear SR6 9QH3
£134K03/230.18 mi24, Cardwell Street, Sunderland, Tyne And Wear SR6 0JG3
£94K03/210.18 mi47, Gladstone Street, Sunderland, Tyne And Wear SR6 0HZ3
£98K12/200.19 mi61, Newcastle Road, Sunderland, Tyne And Wear SR5 1JB3
£120K05/230.19 mi55, Newcastle Road, Sunderland, Tyne And Wear SR5 1JB3
£161K08/230.19 mi20, Wearmouth Avenue, Sunderland, Tyne And Wear SR5 1LY3
£79K11/200.2 mi1, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3
£107.8K08/210.2 mi22, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3
£172.5K08/210.2 mi19, Roker Baths Road, Sunderland, Tyne And Wear SR6 9QF3
£117K09/210.21 mi9, Beatrice Street, Sunderland, Tyne And Wear SR6 0JN3
£159.9K03/210.21 mi39, Inverness Street, Sunderland, Tyne And Wear SR6 9RT3
£115K09/230.22 mi51, Warwick Street, Sunderland, Tyne And Wear SR5 1DL3
£125K10/200.22 mi6, Netherburn Road, Sunderland, Tyne And Wear SR5 1LN3
£130K06/210.22 mi6, Netherburn Road, Sunderland, Tyne And Wear SR5 1LN3
£169.9K04/230.22 mi13, Netherburn Road, Sunderland, Tyne And Wear SR5 1LN3
£145K12/220.22 mi34, Francis Street, Sunderland, Tyne And Wear SR6 9RQ3
£225K04/230.23 mi106, Newcastle Road, Sunderland, Tyne And Wear SR5 1JL3
£115K08/210.24 mi57, Devonshire Street, Sunderland, Tyne And Wear SR5 1DP3
£144.9K06/210.25 mi20, Newbold Avenue, Sunderland, Tyne And Wear SR5 1LG3
£144K01/240.25 mi15, Newbold Avenue, Sunderland, Tyne And Wear SR5 1LG3
£140K02/210.26 mi32, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£159.9K06/230.26 mi42, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£140K10/230.26 mi50, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£128K12/230.26 mi21, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY3
£165K12/220.27 mi120, Eglinton Street, Sunderland, Tyne And Wear SR5 1DX3
£176K11/200.27 mi17, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN3
£235.5K08/240.27 mi12, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN3
£85K06/230.27 mi33, Newcastle Road, Sunderland, Tyne And Wear SR5 1JA3
£275K04/230.3 mi147, Newcastle Road, Sunderland, Tyne And Wear SR5 1JN3
£198.8K04/210.3 mi95, Hartington Street, Sunderland, Tyne And Wear SR6 0LJ3
£135K02/210.31 mi3, Montague Street, Sunderland, Tyne And Wear SR6 9RZ3
£163.5K09/230.31 mi41, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ3
£163.5K09/230.31 mi41, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ3
£180K02/230.32 mi18, Lonsdale Road, Sunderland, Tyne And Wear SR6 9TB3

Local Rents

19 rents from £700/mo to £1.9K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£79509/240.12 miSandringham Road, Sunderland, Tyne and Wear, SR6 9QZ3
£89503/250.13 mi-3
£99509/240.23 miNewcastle Road, Sunderland, SR53
£75009/240.24 miDevonshire Street, Monkwearmouth3
£85009/240.24 miWarwick Street, Sunderland, Tyne and Wear, SR53
£85009/240.33 miBrandling Street, Roker3
£85009/240.41 mi-3
£70012/240.43 mi-3
£70012/240.43 mi-3
£1,10002/250.44 mi-3
£1,95009/240.44 mi-3
£1,95010/240.44 mi-3
£1,95010/240.44 mi-3
£92501/250.51 mi-3
£99509/240.52 mi-3
£99509/240.52 mi-3
£1,10010/240.52 mi-3
£95003/250.56 mi-3
£76512/240.56 mi-3

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

1.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £89,995

November 25, 2024

Sold for £47,000

1995

Floor Plans

Description

  • Investors Dream +
  • 3 Bedroom End Terrace +
  • Spacious Back Garden +
  • Ample Parking +

This 3-bedroom property on Edgeworth Crescent is the perfect project for investors or anyone looking to create their dream home. Requiring significant renovation, it offers fantastic potential and is priced attractively to reflect the work needed. With no upward chain, it's ready for you to put your stamp on it.

As you step inside, you're welcomed by a small porch leading into a spacious living room. To the rear of the property, you'll find the kitchen, offering a blank canvas to design a modern, functional space.

Upstairs, the property boasts two double bedrooms and a single bedroom, along with a family bathroom, all of which require refurbishment.

Outside, there is parking to the front of the property, while the rear garden offers ample space and potential to create a stunning outdoor area.

Don't miss this excellent opportunity to transform this property into a fantastic home or investment. For more information or to arrange a viewing, contact us on or email .

Agent Details

Browns Estate Agents, South Shields

0191 406 3441

Next Steps?

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