2 Bed Bungalow, Single Let, Sunderland, SR6 9QL, £119,950

Stranton Terrace, Roker, SR6 9QL - 4 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£79K - £240K
Sold Prices/m²£1.1K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£141,784
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,988

Stamp Duty & Legal Fees

£4,799

Total Cash In

£34,786

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£600

Running Costs/mo

£515

Cashflow/mo

£85

Cashflow/yr

£1,022

ROI

3%

Gross Yield

6%

Local Sold Prices

49 sold prices from £79K to £240K, average is £136K. £1.1K/m² to £4.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£85.8K03/210 mi2, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL2
£130K03/240.03 mi46, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£120K02/230.04 mi21, Kingston Terrace, Sunderland, Tyne And Wear SR6 9QJ2
£132.5K11/230.06 mi33, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£140K09/230.06 mi10, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£134.9K04/240.06 mi12, Duke Street North, Sunderland, Tyne And Wear SR6 9RD2
£147K12/200.07 mi11, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£169.5K03/230.08 mi1, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£94K04/230.08 mi44, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£100K02/210.08 mi12, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£137K04/210.11 mi16, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£86K08/240.11 mi18, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£79K09/230.11 mi30, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£127.5K11/230.12 mi2, Redby Close, Sunderland, Tyne And Wear SR6 9QD2
£125K07/230.12 mi3, Redby Close, Sunderland, Tyne And Wear SR6 9QD2
£136K07/240.13 mi89, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£137.5K08/230.13 mi88, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£126K02/240.13 mi105, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£152K04/240.14 mi15, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£156K09/230.14 mi8, Beatrice Street, Sunderland, Tyne And Wear SR6 0JN2
£134.9K01/210.14 mi48, Edgeworth Crescent, Sunderland, Tyne And Wear SR6 9SE2
£155K04/240.16 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£147K06/210.16 mi16, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£145K03/210.16 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£82.5K04/210.16 mi37, Roker Baths Road, Sunderland, Tyne And Wear SR6 9SL2
£172K08/240.16 mi83, Fulwell Road, Sunderland, Tyne And Wear SR6 9QP2
£100.5K02/230.18 mi27, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£116K10/230.18 mi17, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£145K02/230.18 mi42, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£125K05/210.18 mi2a, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£165K06/230.18 mi21, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£177.9K10/230.18 mi26, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£163K02/230.18 mi26, Forfar Street, Sunderland, Tyne And Wear SR6 9RX2
£150K12/200.18 mi22a, Ashberry Grove, Sunderland, Tyne And Wear SR6 0HU2
£186.1K10/230.18 mi3, Ashberry Grove, Sunderland, Tyne And Wear SR6 0HU2
£240K08/230.2 mi20, Kenton Grove, Sunderland, Tyne And Wear SR6 0HH2
£105K12/230.2 mi43, Gladstone Street, Sunderland, Tyne And Wear SR6 0HZ2
£202K11/230.2 mi65, Inverness Street, Sunderland, Tyne And Wear SR6 9RT2
£161.4K12/230.21 mi80, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LJ2
£127.5K10/200.21 mi80, Hartington Street, Sunderland, Tyne And Wear SR6 0LJ2
£220K12/200.21 mi28, Mansfield Crescent, Sunderland, Tyne And Wear SR6 9LH2
£125K06/210.22 mi52, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£115K02/230.22 mi47, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£175K09/210.23 mi9, Forfar Street, Sunderland, Tyne And Wear SR6 9RY2
£135K05/230.23 mi3, Forfar Street, Sunderland, Tyne And Wear SR6 9RY2
£144K02/240.24 mi43, Enid Avenue, Sunderland, Tyne And Wear SR6 9LJ2
£233.6K05/240.24 mi13, Melrose Gardens, Sunderland, Tyne And Wear SR6 9LD2
£120K02/240.25 mi26, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2
£114K09/230.25 mi38, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2

Local Rents

25 rents from £600/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£95009/240.19 miAshberry Grove, Roker2
£2,00011/240.24 mi-2
£1,75003/250.24 mi-2
£2,00011/240.24 mi-2
£2,00011/240.24 mi-2
£99509/240.25 miLaburnum Road, Sunderland, SR62
£75009/240.26 miHartington Street, Sunderland, Tyne and Wear, SR62
£75003/250.27 mi-2
£75003/250.29 mi-2
£70008/240.35 mi-2
£85004/250.44 mi-2
£85009/240.45 miBeacon Drive, North Haven, Sunderland2
£79509/240.45 miMarina Avenue, Fulwell2
£89002/240.45 mi-2
£60010/230.49 mi-2
£95009/240.5 miRoker Terrace, Roker, Sunderland2
£65009/240.5 miRoss Street, Sunderland2
£85009/240.51 miRoker Terrace, Sunderland, Tyne and Wear, SR62
£95009/240.52 mi-2
£87509/240.53 miLiddell Court, Sunderland2
£75009/240.53 miSouthwick Road, Sunderland, Tyne and Wear, SR52
£72509/240.55 miTopcliff2
£80003/250.58 mi-2
£87509/240.6 miHallgarth Court, North Haven2
£65009/240.61 miSea Road, Fulwell2

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £119,950

December 20, 2024

Description

  • Spacious Mid Terraced Cottage +
  • Popular Roker Location +
  • Well Placed For Local Schools, Shops And Transport Routes +
  • Generously Proportioned And Flexible Accommodation +
  • Good Sized Lounge +
  • Comprehensively Fitted Kitchen +
  • Modern Bathroom +
  • Good Sized Loft Bedroom +
  • Potential For Some Updating +
  • No Upward Chain +

In this high demand residential area, pleasantly situated just off Fulwell Road and well placed for access to excellent amenities including schools, shops and the sea front, a mid terraced cottage with a loft conversion providing deceptively spacious and versatile accommodation. Featuring a generously proportioned lounge, a modern fitted kitchen and a well appointed bathroom, the property also includes two double bedrooms and uPVC double glazing. Offering the potential for some further cosmetic upgrading, this is a good sized cottage which is likely to appeal to a range of potential buyers including investors, first time purchasers or those looking to down-size to a manageable and flexible home in a sought after location. It comprises: entrance vestibule, hall, lounge, kitchen, 2 bedrooms, bathroom/wc, gas CH (combi), uPVC double glazing, yard.

 

ENTRANCE VESTIBULE Partly tiled walls 

ENTRANCE HALL Feature radiator 

LOUNGE 13' 4" x 17' 7" (4.08m x 5.38m to chimney breast) Open fire with tiled surround; delft rack; storage to alcoves; built in fish tank; two feature radiators;stairs to first floor 

KITCHEN 12' 9" x 9' 4" (3.89m x 2.86m) Good range of fitted wall and floor units having contrasting working surfaces; one and a half bowl sink with mixer tap; stainless steel extractor hood; spotlights; tiled splashback; tiled floor; feature radiator 

REAR LOBBY  

LAUNDRY CUPBOARD Shelves; plumbed for automatic washing machine; tiled floor; wall mounted gas central heating boiler 

BEDROOM 1 12' 11" x 13' 7" (3.96m + bay x 4.16m to chimney breast) Feature fireplace with open fire; delft rack 

BEDROOM 2 17' 3" x 17' 6" (5.27m (2.66m min) x 5.34m) Large storage cupboard; two built in bunk beds with storage under; built in shelves; two Velux roof lights; spotlights; radiator 

BATHROOM/WC Panel bath with mixer tap; vanity wash hand basin with cupboard beneath with mixer tap; low level wc; separate tiled shower enclosure with integrated seat; spotlights; tiled floor; underfloor heating; heated towel rail (chrome plated) 

Extras: (Included in price): All fitted curtains and light fittings included

Gas central heating (combi); uPVC double glazing

Rear yard

Electric car charging point

We understand that the property is leasehold with approximately 872 years remaining

EPC rating D

Council Tax Band A

Viewing: By appointment through this office 

Please Note:

These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information. The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property. Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.

Please note that the services and appliances in the property have not been tested. Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.

Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings. Plans and floor plans are for identification purposes only and are not to scale. Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase. In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.

Agent Details

Alfred Pallas, Fulwell

0191 625 0154

Next Steps?

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