2 Bed Terraced House, Single Let, Sunderland, SR4 6BQ, £55,000





ValuationUndervalued
Sold Prices | £35K - £121K |
Sold Prices/m² | £534/m² - £2.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £808/m² |
Value Estimate | £73,200£73,200 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £13,750£13,750 |
Stamp Duty & Legal Fees | £3,000£3,000 |
Total Cash In | £16,750£16,750 |
| |
Cash Out | |
Rent Range | £475 - £1,995£475 - £1,995 |
Rent Estimate | £595 |
Running Costs/mo | £311£311 |
Cashflow/mo | £284£284 |
Cashflow/yr | £3,410£3,410 |
ROI | 20%20% |
Gross Yield | 13%13% |
Local Sold Prices
50 sold prices from £35K to £121K, average is £74.5K. £534/m² to £2.4K/m², average is £1.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£64.6K | 01/21 | 0.09 mi | 34, Milburn Street, Sunderland, Tyne And Wear SR4 6AX | £1,114 | 58 | 2 | Terraced House | |
£75K | 02/21 | 0.1 mi | 30, Close Street, Sunderland, Tyne And Wear SR4 6EN | £1,316 | 57 | 2 | Terraced House | |
£65K | 06/23 | 0.1 mi | 33, Close Street, Sunderland, Tyne And Wear SR4 6EN | £878 | 74 | 2 | Terraced House | |
£62.5K | 12/20 | 0.1 mi | 28, Close Street, Sunderland, Tyne And Wear SR4 6EN | £1,116 | 56 | 2 | Terraced House | |
£60.5K | 02/23 | 0.1 mi | 31, Close Street, Sunderland, Tyne And Wear SR4 6EN | £1,025 | 59 | 2 | Terraced House | |
£74K | 01/24 | 0.13 mi | 11, Dryborough Street, Sunderland, Tyne And Wear SR4 6BL | £1,186 | 62 | 2 | Terraced House | |
£76K | 11/23 | 0.15 mi | 10, Violet Street, Sunderland, Tyne And Wear SR4 6AE | £2,375 | 32 | 2 | Terraced House | |
£90K | 04/24 | 0.15 mi | 23, Harlow Street, Sunderland, Tyne And Wear SR4 7AR | - | - | 2 | Terraced House | |
£65K | 05/21 | 0.16 mi | 32, Chester Terrace North, Sunderland, Tyne And Wear SR4 7AP | £1,092 | 60 | 2 | Terraced House | |
£45.5K | 03/21 | 0.17 mi | 14, Ailesbury Street, Sunderland, Tyne And Wear SR4 6EW | £827 | 55 | 2 | Terraced House | |
£110K | 07/22 | 0.17 mi | 15, The Leazes, Sunderland, Tyne And Wear SR1 3SW | £2,075 | 53 | 2 | Terraced House | |
£95K | 08/21 | 0.17 mi | 115, Flint Road, Sunderland, Tyne And Wear SR4 6EG | £1,667 | 57 | 2 | Terraced House | |
£68K | 06/21 | 0.17 mi | 27, Lily Street, Sunderland, Tyne And Wear SR4 6AQ | £1,153 | 59 | 2 | Terraced House | |
£90K | 01/21 | 0.17 mi | 11, Enderby Road, Sunderland, Tyne And Wear SR4 6BA | £726 | 124 | 2 | Terraced House | |
£105K | 09/23 | 0.18 mi | 12, The Leazes, Sunderland, Tyne And Wear SR1 3SW | £2,129 | 49 | 2 | Terraced House | |
£105K | 09/23 | 0.18 mi | 11, The Leazes, Sunderland, Tyne And Wear SR1 3SW | £2,143 | 49 | 2 | Terraced House | |
£35K | 03/24 | 0.18 mi | 20, Cirencester Street, Sunderland, Tyne And Wear SR4 6BP | - | - | 2 | Terraced House | |
£74K | 01/24 | 0.2 mi | 1, Rokeby Street, Sunderland, Tyne And Wear SR4 7EQ | - | - | 2 | Terraced House | |
£86K | 03/22 | 0.2 mi | 8, Chester Crescent, Sunderland, Tyne And Wear SR1 3SH | £1,132 | 76 | 2 | Terraced House | |
£60K | 05/21 | 0.21 mi | 12, Rainton Street, Sunderland, Tyne And Wear SR4 7DE | £894 | 67 | 2 | Terraced House | |
£59.5K | 10/20 | 0.21 mi | 32, Rainton Street, Sunderland, Tyne And Wear SR4 7DE | £613 | 97 | 2 | Semi-Detached House | |
£55K | 01/24 | 0.21 mi | 22, Rainton Street, Sunderland, Tyne And Wear SR4 7DE | £1,061 | 52 | 2 | Terraced House | |
£80K | 08/21 | 0.23 mi | 8, Franklin Street, Sunderland, Tyne And Wear SR4 6EX | £1,110 | 72 | 2 | Terraced House | |
£69K | 05/22 | 0.24 mi | 25, Gillhurst Grange, Sunderland, Tyne And Wear SR1 3QN | - | - | 2 | Semi-Detached House | |
£53K | 02/21 | 0.25 mi | 4, Houghton Street, Sunderland, Tyne And Wear SR4 7DY | £841 | 63 | 2 | Terraced House | |
£66K | 01/21 | 0.25 mi | 1, Houghton Street, Sunderland, Tyne And Wear SR4 7DY | £805 | 82 | 2 | Terraced House | |
£63K | 02/24 | 0.25 mi | 27, Houghton Street, Sunderland, Tyne And Wear SR4 7DY | - | - | 2 | Terraced House | |
£113K | 10/21 | 0.25 mi | 17, Corning Road, Sunderland, Tyne And Wear SR4 6EE | £1,009 | 112 | 2 | Semi-Detached House | |
£70K | 10/22 | 0.27 mi | 10, Wharncliffe Street, Sunderland, Tyne And Wear SR1 3RG | £1,209 | 58 | 2 | Terraced House | |
£68K | 02/21 | 0.27 mi | 69, Hylton Street, Sunderland, Tyne And Wear SR4 7DG | £1,046 | 65 | 2 | Terraced House | |
£75K | 12/21 | 0.27 mi | 28, Franklin Street, Sunderland, Tyne And Wear SR4 6EX | £1,530 | 49 | 2 | Terraced House | |
£53K | 02/21 | 0.29 mi | 5, Offerton Street, Sunderland, Tyne And Wear SR4 7EA | £883 | 60 | 2 | Terraced House | |
£46K | 01/23 | 0.31 mi | 2, Kings Terrace, Sunderland, Tyne And Wear SR4 6HW | £754 | 61 | 2 | Terraced House | |
£90K | 10/23 | 0.33 mi | 23, Howarth Street, Sunderland, Tyne And Wear SR4 7UT | £1,324 | 68 | 2 | Terraced House | |
£97K | 05/23 | 0.34 mi | 12, Hume Street, Sunderland, Tyne And Wear SR4 6HU | - | - | 2 | Terraced House | |
£65K | 10/21 | 0.38 mi | 75, Neville Road, Sunderland, Tyne And Wear SR4 6PU | - | - | 2 | Terraced House | |
£47K | 11/20 | 0.38 mi | 63, Neville Road, Sunderland, Tyne And Wear SR4 6PU | £534 | 88 | 2 | Terraced House | |
£71.5K | 10/21 | 0.4 mi | 39, Chester Mews, Sunderland, Tyne And Wear SR4 7HX | - | - | 2 | Terraced House | |
£80K | 02/21 | 0.41 mi | 7, Walpole Court, Sunderland, Tyne And Wear SR4 6JH | £1,356 | 59 | 2 | Terraced House | |
£105K | 11/21 | 0.44 mi | 20, Magdelene Place, Sunderland, Tyne And Wear SR4 6LW | £1,842 | 57 | 2 | Terraced House | |
£92K | 08/23 | 0.46 mi | 3, Vale Street, Sunderland, Tyne And Wear SR4 7NB | £1,122 | 82 | 2 | Terraced House | |
£86K | 09/23 | 0.46 mi | 13, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU | - | - | 2 | Terraced House | |
£93.6K | 09/21 | 0.46 mi | 10, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU | £1,418 | 66 | 2 | Semi-Detached House | |
£92K | 08/23 | 0.48 mi | 28, General Graham Street, Sunderland, Tyne And Wear SR4 7HL | £1,129 | 82 | 2 | Terraced House | |
£121K | 06/23 | 0.48 mi | 23, General Graham Street, Sunderland, Tyne And Wear SR4 7HL | - | - | 2 | Terraced House | |
£80K | 02/21 | 0.49 mi | 3, Beachville Street, Sunderland, Tyne And Wear SR4 7NA | £941 | 85 | 2 | Terraced House | |
£86.5K | 11/20 | 0.5 mi | 17, Wilber Court, Sunderland, Tyne And Wear SR4 6LJ | £1,518 | 57 | 2 | Terraced House | |
£72.5K | 01/24 | 0.5 mi | 19, Wilber Court, Sunderland, Tyne And Wear SR4 6LJ | - | - | 2 | Bungalow | |
£96K | 05/21 | 0.5 mi | 22, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF | £990 | 97 | 2 | Semi-Detached House | |
£78K | 12/20 | 0.51 mi | 20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX | £963 | 81 | 2 | Terraced House |
Local Rents
31 rents from £475/mo to £2K/mo, average is £675/mo.
Rent | Date | Distance | Address | Beds | Type | |
£675 | 09/24 | 0.03 mi | - | 2 | Terraced House | |
£750 | 03/25 | 0.08 mi | - | 2 | Terraced House | |
£650 | 09/24 | 0.14 mi | Chester Terrace North, Sunderland, Tyne and Wear, SR4 | 2 | Terraced House | |
£650 | 08/24 | 0.17 mi | - | 2 | Terraced House | |
£600 | 10/23 | 0.18 mi | - | 2 | Terraced House | |
£525 | 09/24 | 0.29 mi | Pickard Street, Millfield, Sunderland | 2 | Flat | |
£775 | 03/25 | 0.3 mi | - | 2 | Terraced House | |
£650 | 09/24 | 0.34 mi | Kings Terrace, Sunderland, Tyne and Wear, SR4 | 2 | Terraced House | |
£750 | 09/24 | 0.37 mi | Summerhill, Thornhill, Sunderland, SR2 | 2 | Flat | |
£750 | 12/24 | 0.39 mi | - | 2 | Terraced House | |
£595 | 01/25 | 0.41 mi | - | 2 | Flat | |
£685 | 11/24 | 0.42 mi | - | 2 | Flat | |
£685 | 11/24 | 0.42 mi | - | 2 | Flat | |
£795 | 09/24 | 0.43 mi | - | 2 | Terraced House | |
£750 | 09/24 | 0.43 mi | - | 2 | Flat | |
£750 | 02/25 | 0.43 mi | - | 2 | Flat | |
£850 | 09/24 | 0.46 mi | - | 2 | Flat | |
£695 | 09/24 | 0.46 mi | Albert Court, Royal Courts, Sunderland | 2 | Flat | |
£750 | 09/24 | 0.47 mi | Leopold House, Albert Court, Sunderland, SR2 | 2 | Flat | |
£750 | 08/24 | 0.48 mi | - | 2 | Flat | |
£575 | 03/25 | 0.5 mi | - | 2 | Bungalow | |
£595 | 09/24 | 0.51 mi | - | 2 | Flat | |
£475 | 09/24 | 0.52 mi | - | 2 | Bungalow | |
£495 | 03/25 | 0.52 mi | - | 2 | Bungalow | |
£1,100 | 02/25 | 0.56 mi | - | 2 | Flat | |
£1,995 | 01/25 | 0.57 mi | - | 2 | Flat | |
£625 | 03/25 | 0.57 mi | - | 2 | Terraced House | |
£675 | 09/24 | 0.59 mi | Pallion Road, Sunderland, Tyne And Wear, SR4 | 2 | Terraced House | |
£595 | 02/25 | 0.59 mi | - | 2 | Bungalow | |
£650 | 09/24 | 0.61 mi | Riverview, City Centre, Sunderland South, SR1 | 2 | Flat | |
£650 | 09/24 | 0.61 mi | Highfield Place, Pallion, Sunderland | 2 | Flat |
Local Area Statistics
Population in SR4 | 41,79441,794 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 0.84 miles away0.84 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.32 miles away0.32 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +36%+36% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +17%+17% |
Property History
Price changed to £55,000
January 31, 2025
Listed for £60,000
December 9, 2024
Sold for £32,500
2000
Description
- No Chain Involved +
- Will Appeal To A Variety Of Buyers +
- A Prime Location For Excellent Amenities +
- Decorated In Modern Neutral Tones +
- Well Placed For Millfield Metro And Bus Links +
- Reference: 455112 +
FOR SALE BY WAY OF ONLINE AUCTION - ON 30TH JANUARY 2025, OPTION 1 - Terms and Conditions apply. See Agents Property Auctions Website for full details.
No onward chain! This end-terraced property is an excellent opportunity for a variety of buyers, including first-time buyers, young families, and buy-to-let investors. Ideally situated close to numerous amenities such as the local Metro station, Sunderland City Centre, the University, Sunderland Royal Hospital, and the shops and bus routes on Hylton Road. The property features an entrance hall leading to the first floor, a lounge, dining room, ground-floor kitchen, and bathroom, with two bedrooms located upstairs. Outside, there are two yards. The property also benefits from UPVC double glazing and combi gas central heating. Early viewing is highly recommended!
ENTRANCE
Double glazed entrance door to hallway with stairs.
LOUNGE 4.04m (13'3) x 4.37m (14'4)
Double glazed window and radiator.
DINING ROOM 3.18m (10'5) x 4.29m (14'1)
Double glazed window and radiator.
REAR HALLWAY
Double glazed door to yard and storage cupboard.
KITCHEN 3.48m (11'5) x 2.06m (6'9)
Wall and floor units, electric oven, gas hob and extractor fan, combi boiler, stainless steel sink with mixer tap, double glazed window, laminate flooring and radiator.
BATHROOM
Panelled bath with shower over, low level wc, washbasin, two double glazed windows, tiled floor and radiator. Double glazed door to second yard area.
FIRST FLOOR LANDING
Double glazed window.
BEDROOM ONE 2.9m (9'6) x 5.51m (18'1)
Double glazed window and radiator.
BEDROOM TWO 2.72m (8'11) x 2.39m (7'10)
Double glazed window and radiator.
EXTERIOR
Two small rear yards
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel:
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 1139 Mbps at this postcode: SR4 6BQ and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
EPC Rating: D
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