4 Bed Terraced House, Refurb/BRRR, Sunderland, SR2 7BT, £135,000





ValuationFair Value
Sold Prices | £67.5K - £545K |
Sold Prices/m² | £486/m² - £2.9K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £1K/m² |
Value Estimate | £135,000£135,000 |
| |
End Value (After Refurb) | £160,089£160,089 |
Uplift in Value | +19%+19% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £33,750£33,750 |
Stamp Duty & Legal Fees | £8,150£8,150 |
Refurb Costs | £49,341£49,341 |
Bridging Loan Interest | £3,544£3,544 |
Total Cash In | £96,535£96,535 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £160,089£160,089 |
Mortgage (After Refinance) | £120,067£120,067 |
Mortgage LTV | 75%75% |
Cash Released | £18,817£18,817 |
Cash Left In | £77,718£77,718 |
Equity | £40,022£40,022 |
Rent Range | £477 - £3,680£477 - £3,680 |
Rent Estimate | £1,117 |
Running Costs/mo | £744£744 |
Cashflow/mo | £373£373 |
Cashflow/yr | £4,480£4,480 |
ROI | 5%5% |
Gross Yield | 10%10% |
Local Sold Prices
50 sold prices from £67.5K to £545K, average is £187.5K. £486/m² to £2.9K/m², average is £1.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£165K | 05/23 | 0.07 mi | 1, Carlyon Street, Sunderland, Tyne And Wear SR2 7DB | - | - | 4 | Terraced House | |
£175K | 06/21 | 0.11 mi | 12, Cresswell Terrace, Sunderland, Tyne And Wear SR2 7ER | £1,122 | 156 | 4 | Terraced House | |
£230K | 09/21 | 0.18 mi | 1, Valebrooke Avenue, Sunderland, Tyne And Wear SR2 7HS | - | - | 4 | Terraced House | |
£220K | 09/21 | 0.18 mi | 11, Valebrooke Avenue, Sunderland, Tyne And Wear SR2 7HS | £1,592 | 138 | 4 | Terraced House | |
£255K | 02/23 | 0.24 mi | 3, St Bedes Terrace, Sunderland, Tyne And Wear SR2 8HS | £1,192 | 214 | 4 | Terraced House | |
£175K | 03/21 | 0.25 mi | 31, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP | £1,224 | 143 | 4 | Semi-Detached House | |
£230.1K | 11/20 | 0.25 mi | 21, Thornhill Gardens, Sunderland, Tyne And Wear SR2 7LE | £1,192 | 193 | 4 | Terraced House | |
£285K | 01/21 | 0.28 mi | 5, Brookside Gardens, Sunderland, Tyne And Wear SR2 7RJ | £1,900 | 150 | 4 | Terraced House | |
£489.9K | 05/21 | 0.29 mi | 10, West Lawn, Sunderland, Tyne And Wear SR2 7HW | £1,445 | 339 | 4 | Terraced House | |
£185K | 05/21 | 0.35 mi | 5, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY | £1,028 | 180 | 4 | Terraced House | |
£230K | 06/21 | 0.36 mi | 8, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LX | £1,474 | 156 | 4 | Terraced House | |
£304K | 04/21 | 0.36 mi | 9, Ashbrooke Mount, Sunderland, Tyne And Wear SR2 7SD | £1,444 | 211 | 4 | Terraced House | |
£225K | 10/20 | 0.36 mi | 7, Holmlands Park North, Sunderland, Tyne And Wear SR2 7SE | £1,596 | 141 | 4 | Terraced House | |
£308K | 03/21 | 0.36 mi | 3, Holmlands Park North, Sunderland, Tyne And Wear SR2 7SE | £2,067 | 149 | 4 | Terraced House | |
£190K | 06/23 | 0.36 mi | 3, Elmwood Street, Sunderland, Tyne And Wear SR2 7JJ | - | - | 4 | Terraced House | |
£171K | 09/21 | 0.36 mi | 26, Elmwood Street, Sunderland, Tyne And Wear SR2 7JJ | - | - | 4 | Terraced House | |
£165K | 12/20 | 0.38 mi | 31, Beechwood Street, Sunderland, Tyne And Wear SR2 7LU | £1,012 | 163 | 4 | Terraced House | |
£190K | 02/21 | 0.39 mi | 31, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB | £823 | 231 | 4 | Terraced House | |
£215K | 06/21 | 0.39 mi | 5, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB | - | - | 4 | Terraced House | |
£250K | 07/21 | 0.39 mi | 45, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB | £1,894 | 132 | 4 | Semi-Detached House | |
£360K | 01/23 | 0.39 mi | 7, Brookfield Gardens, Sunderland, Tyne And Wear SR2 7GA | - | - | 4 | Terraced House | |
£305K | 04/21 | 0.4 mi | 7, Holmlands Park South, Sunderland, Tyne And Wear SR2 7SG | £2,259 | 135 | 4 | Terraced House | |
£285K | 03/21 | 0.4 mi | 10, Corby Hall Drive, Sunderland, Tyne And Wear SR2 7HZ | £1,939 | 147 | 4 | Detached House | |
£227.5K | 05/21 | 0.42 mi | 9, Oakwood Street, Sunderland, Tyne And Wear SR2 7LT | - | - | 4 | Terraced House | |
£72K | 05/23 | 0.43 mi | 28, Otto Terrace, Sunderland, Tyne And Wear SR2 7LP | £486 | 148 | 4 | Terraced House | |
£180K | 09/21 | 0.44 mi | 37, Otto Terrace, Sunderland, Tyne And Wear SR2 7LW | £1,200 | 150 | 4 | Terraced House | |
£120K | 08/21 | 0.46 mi | 2, Fox Street, Sunderland, Tyne And Wear SR2 7NF | £976 | 123 | 4 | Terraced House | |
£160.5K | 04/23 | 0.46 mi | 10, Fox Street, Sunderland, Tyne And Wear SR2 7NF | £1,198 | 134 | 4 | Terraced House | |
£190K | 03/21 | 0.47 mi | 15, Birchfield Road, Sunderland, Tyne And Wear SR2 7QQ | £1,652 | 115 | 4 | Semi-Detached House | |
£150.5K | 03/23 | 0.48 mi | 2, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ | £1,224 | 123 | 4 | Terraced House | |
£88K | 03/21 | 0.48 mi | 26, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ | £558 | 158 | 4 | Terraced House | |
£122.5K | 12/22 | 0.49 mi | 31, Riversdale Terrace, Sunderland, Tyne And Wear SR2 7NQ | £811 | 151 | 4 | Terraced House | |
£120K | 12/22 | 0.5 mi | 8, Westbourne Road, Sunderland, Tyne And Wear SR1 3SQ | £952 | 126 | 4 | Terraced House | |
£210K | 06/23 | 0.52 mi | 29, Ryhope Road, Sunderland, Tyne And Wear SR2 7ST | £1,228 | 171 | 4 | Semi-Detached House | |
£135K | 07/23 | 0.53 mi | 5, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE | £1,144 | 118 | 4 | Terraced House | |
£125K | 05/21 | 0.53 mi | 3, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE | £1,006 | 124 | 4 | Terraced House | |
£250K | 12/22 | 0.53 mi | 2, Wayside, Sunderland, Tyne And Wear SR2 7QJ | £2,232 | 112 | 4 | Semi-Detached House | |
£112.5K | 01/24 | 0.54 mi | 37, Thelma Street, Sunderland, Tyne And Wear SR4 7HA | - | - | 4 | Terraced House | |
£80K | 06/21 | 0.57 mi | 11, Leamington Street, Sunderland, Tyne And Wear SR4 7HD | £635 | 126 | 4 | Terraced House | |
£410K | 11/20 | 0.58 mi | Park House, Glen Path, Sunderland, Tyne And Wear SR2 7TU | £1,775 | 231 | 4 | Terraced House | |
£160K | 09/21 | 0.6 mi | 23, Manila Street, Sunderland, Tyne And Wear SR2 8RS | £1,240 | 129 | 4 | Terraced House | |
£128K | 03/23 | 0.6 mi | 22, Manila Street, Sunderland, Tyne And Wear SR2 8RS | - | - | 4 | Terraced House | |
£84K | 04/24 | 0.62 mi | 16, Queensberry Street, Sunderland, Tyne And Wear SR4 7AG | - | - | 4 | Terraced House | |
£210K | 11/20 | 0.63 mi | 9, Hillside, Sunderland, Tyne And Wear SR3 1YN | £1,429 | 147 | 4 | Terraced House | |
£310K | 10/20 | 0.64 mi | 1, Bainbridge Holme Close, Sunderland, Tyne And Wear SR3 1YX | £1,319 | 235 | 4 | Detached House | |
£67.5K | 02/24 | 0.65 mi | 7, St Marks Crescent, Sunderland, Tyne And Wear SR4 7BW | £500 | 135 | 4 | Terraced House | |
£145K | 05/21 | 0.65 mi | 12, Hunter Terrace, Sunderland, Tyne And Wear SR2 8SD | £801 | 181 | 4 | Terraced House | |
£100K | 08/21 | 0.65 mi | 16, General Graham Street, Sunderland, Tyne And Wear SR4 7HL | £752 | 133 | 4 | Terraced House | |
£545K | 06/22 | 0.66 mi | Pool Cottage, Linden Road, Sunderland, Tyne And Wear SR2 9AU | £2,870 | 190 | 4 | Detached House | |
£145.5K | 11/20 | 0.66 mi | 34, Percy Terrace, Sunderland, Tyne And Wear SR2 8SE | £1,017 | 143 | 4 | Terraced House |
Local Rents
46 rents from £477/mo to £3.7K/mo, average is £900/mo.
Rent | Date | Distance | Address | Beds | Type | |
£780 | 09/24 | 0.08 mi | - | 3 | Flat | |
£780 | 04/25 | 0.08 mi | - | 3 | Flat | |
£950 | 03/25 | 0.09 mi | - | 3 | Terraced House | |
£1,733 | 09/24 | 0.09 mi | Argyle Street, Close to City Campus, Sunderland, SR2 | 4 | Terraced House | |
£975 | 09/24 | 0.11 mi | Cresswell Terrace, Sunderland | 3 | Terraced House | |
£1,750 | 09/24 | 0.12 mi | Cresswell Terrace, Thornhill, Sunderland, SR2 | 5 | Terraced House | |
£1,400 | 09/24 | 0.12 mi | Cresswell Terrace, Thornhill, Sunderland, SR2 | 4 | Terraced House | |
£1,126 | 09/24 | 0.12 mi | Alice Street, Thornhill, Sunderland, SR2 | 4 | Terraced House | |
£1,647 | 09/24 | 0.12 mi | - | 4 | Terraced House | |
£3,500 | 03/25 | 0.12 mi | - | 3 | Semi-Detached House | |
£1,300 | 09/24 | 0.18 mi | - | 4 | Detached House | |
£1,400 | 09/24 | 0.18 mi | - | 4 | Terraced House | |
£490 | 09/24 | 0.19 mi | Thornhill Crescent, Sunderland, Tyne And Wear, SR2 | 6 | Flat | |
£477 | 09/24 | 0.19 mi | City View, 1-4 Thornhill Crescent, Sunderland, Tyne And Wear, SR2 | 4 | Flat | |
£477 | 09/24 | 0.19 mi | Thornhill Crescent, Sunderland, Tyne And Wear, SR2 | 4 | Flat | |
£1,300 | 09/24 | 0.2 mi | Briery Vale Road, Sunderland | 4 | House | |
£900 | 09/24 | 0.29 mi | Thornlea Court, Thornhill, Sunderland, SR2 | 3 | Flat | |
£550 | 09/24 | 0.31 mi | Mowbray Close, Sunderland | 7 | Terraced House | |
£1,200 | 09/24 | 0.33 mi | Havelock Terrace, Sunderland, SR2 | 4 | Terraced House | |
£825 | 09/24 | 0.36 mi | - | 3 | Flat | |
£1,300 | 09/24 | 0.39 mi | Ashwood Terrace, Thornhill | 5 | Terraced House | |
£2,080 | 09/24 | 0.42 mi | Oakwood Street, Thornhill, Sunderland, SR2 | 5 | Terraced House | |
£1,000 | 08/24 | 0.45 mi | - | 4 | Flat | |
£1,410 | 09/24 | 0.49 mi | Rosedale Street, Sunderland, SR1 | 5 | Terraced House | |
£1,400 | 09/24 | 0.49 mi | Fawcett Street Student Accommodation, City Centre, SUNDERLAND, SR1 | 3 | Flat | |
£494 | 09/24 | 0.5 mi | Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 4 | Flat | |
£498 | 09/24 | 0.5 mi | City View @Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 6 | Flat | |
£494 | 09/24 | 0.5 mi | Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 5 | Flat | |
£485 | 09/24 | 0.5 mi | City View @ Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 4 | Flat | |
£494 | 09/24 | 0.5 mi | City View @Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 5 | Flat | |
£498 | 09/24 | 0.5 mi | City View@Phoenix House, Union Street, Sunderland, Tyne And Wear, SR1 | 6 | Flat | |
£575 | 09/24 | 0.51 mi | John Street, Sunderland, Tyne & Wear, SR1 | 4 | House | |
£575 | 09/24 | 0.51 mi | John Street, Sunderland, Tyne & Wear, SR1 | 4 | House | |
£575 | 09/24 | 0.51 mi | John Street, Sunderland, Tyne & Wear, SR1 | 4 | House | |
£900 | 09/24 | 0.51 mi | Beachville Street, Sunderland, SR4 | 4 | Terraced House | |
£800 | 09/24 | 0.51 mi | - | 4 | Terraced House | |
£900 | 10/24 | 0.51 mi | - | 4 | Terraced House | |
£1,400 | 09/24 | 0.52 mi | Fawcett Street, City Centre, Sunderland, SR1 | 3 | Flat | |
£1,872 | 09/24 | 0.53 mi | Fawcett Street, Sunderland, SR1 | 4 | Flat | |
£1,400 | 09/24 | 0.53 mi | Student Accommodation @ Fawcett Street, City Centre, Sunderland, SR1 | 3 | Flat | |
£3,680 | 09/24 | 0.53 mi | Tyro Student Luxury Accommodation, 1-6 Fawcett Street, Sunderland, SR1 | 5 | Flat | |
£895 | 02/24 | 0.55 mi | - | 4 | Terraced House | |
£610 | 04/25 | 0.56 mi | - | 3 | Semi-Detached House | |
£875 | 04/25 | 0.58 mi | - | 3 | Terraced House | |
£800 | 09/24 | 0.59 mi | Hurstwood Road, High Barnes, Sunderland | 3 | Terraced House | |
£1,820 | 09/24 | 0.6 mi | Norfolk Street, Sunderland, SR1 | 4 | Flat |
Local Area Statistics
Population in SR2 | 33,44033,440 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 1.33 miles away1.33 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.08 miles away0.08 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +23%+23% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | -5%-5% |
Property History
Listed for £135,000
December 12, 2024
Description
- Charming Period Mid Terraced Property +
- For Sale with No Onward Chain +
- Ideal Location for Transport Links +
- Close to Local Amenities +
- Offering Great Potential +
- Reference : 458225 +
7 Belvedere Road, Sunderland SR2 7BT
We are acting in the sale of the above property and have received an offer of £135,000 on the above property. Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place
Located on the outskirts of Sunderland city centre, this charming period mid terrace property offers spacious living throughout and is sold with No Onward Chain ! With convenient access to Park Lane's main bus and metro stations, it's an ideal location for those looking to stay well connected. The home requires renovation and modernisation, presenting an excellent opportunity for buyers or investors eager to add personal touches and increase value.
The spacious layout includes three reception rooms - the lounge, dining room, and breakfast room, alongside a kitchen on the ground floor. A half landing leads to a separate W.C., shower room, and the rear bedroom, with three additional well proportioned bedrooms accessible from the main landing. A spacious rear yard adds outdoor space, perfect for creating a private retreat. This property has significant potential for those looking to invest or make it their own, so call now to book a viewing.
ENTRANCE
Via original hardwood door into Lobby.
LOBBY
Original glazed door into Hallway.
HALLWAY
Decorative ceiling coving, electric storage heater and stairs to first floor landing.
LOUNGE 5.29m (17'4) x 4.81m (15'9)
Double glazed bay window and gas fire with surround.
DINING ROOM 4.29m (14'1) x 4.34m (14'3)
Double glazed bay window, electric storage heater and gas fire with surround.
BREAKFAST ROOM 3.24m (10'8) x 4.77m (15'8)
Double glazed window, feature chimney breast wall with log burner and two storage cupboards.
KITCHEN 3.15m (10'4) x 1.7m (5'7)
Wall and floor units, gas oven point, double glazed window and double glazed door to rear Yard.
FIRST FLOOR HALF LANDING
Double glazed window.
SEPARATE TOILET
Low level W.C. and double glazed window.
SHOWER ROOM
Double glazed window, shower cubicle and wash basin.
REAR BEDROOM 3.1m (10'2) x 3.25m (10'8)
Double glazed window and storage cupboard.
FIRST FLOOR MAIN LANDING
Storage cupboard.
REAR BEDROOM 4.29m (14'1) x 4.32m (14'2)
Feature fireplace, original storage cupboard and double glazed window.
MASTER BEDROOM 4.94m (16'2) x 4.58m (15'0)
Electric storage heater, double glazed bay window, feature fireplace and original storage.
FRONT BEDROOM 3.34m (10'11) x 2.28m (7'6)
Double glazed window.
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 14 Mbps and a maximum download speed of 1000 Mbps at this postcode: SR2 7BT and mobile coverage is provided by EE, Three, 02 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: C
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: E