3 Bed Terraced House, Single Let, Sunderland, SR3 1BQ, £119,995

1 Margate Street, Silksworth, Sunderland, SR3 1BQ - 3 views - 3 months ago

Sold STC
BTL
ROI: 5%
94 m²
+10 photos

ValuationUndervalued

Sold Prices£45K - £295K
Sold Prices/m²£588/m² - £3K/m²

 

 

Square Metres

94 m²
Price/m²£1.3K/m²

Value Estimate

£124,962
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,999

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,799

 

 

Cash Out

 

Rent Range

£595 - £1,550

Rent Estimate

£661

Running Costs/mo

£527

Cashflow/mo

£134

Cashflow/yr

£1,606

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £45K to £295K, average is £125K. £588/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£224.9K08/230.03 mi8, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£166K12/200.03 mi20, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£145K08/230.03 mi22, Westgate Avenue, Sunderland, Tyne And Wear SR3 1BD3
£70K01/230.07 mi71, Warwick Terrace, Sunderland, Tyne And Wear SR3 1BP3
£105K06/210.07 mi14, Chelmsford Street, Sunderland, Tyne And Wear SR3 1BJ3
£80K09/230.09 mi17, Somerset Street, Sunderland, Tyne And Wear SR3 1BS3
£134.9K03/210.11 mi42, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£147K04/230.11 mi4, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£126.5K07/210.11 mi17, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£142.5K06/210.12 mi67, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£130K03/210.12 mi54, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£185K02/230.14 mi19, Devon Drive, Sunderland, Tyne And Wear SR3 1LB3
£68.5K08/230.19 mi3, Wilson Terrace, Sunderland, Tyne And Wear SR3 1EA3
£127K04/230.19 mi54, Mary Street, New Silksworth, Sunderland, Tyne And Wear SR3 1HD3
£50K11/210.23 mi16, Seaham Street, Sunderland, Tyne And Wear SR3 1EX3
£61K10/200.23 mi7, George Street East, Sunderland, Tyne And Wear SR3 1HG3
£153K07/230.24 mi61, Scarborough Road, Sunderland, Tyne And Wear SR3 1LD3
£45K11/220.24 mi7, The Crescent, New Silksworth, Sunderland, Tyne And Wear SR3 1DB3
£107K06/210.25 mi45, Scarborough Road, Sunderland, Tyne And Wear SR3 1LD3
£115K04/210.26 mi7, Byers Court, Sunderland, Tyne And Wear SR3 1AX3
£150K02/230.27 mi5, Athol Grove, Sunderland, Tyne And Wear SR3 1ES3
£155K11/210.29 mi43, Cavendish Place, Sunderland, Tyne And Wear SR3 1JW3
£90K03/230.31 mi14, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER3
£185K07/210.31 mi4, Ski View, Sunderland, Tyne And Wear SR3 1NW3
£175K08/230.32 mi33, Vicarage Close, Sunderland, Tyne And Wear SR3 1JF3
£133K12/200.32 mi12, Southwold Gardens, Sunderland, Tyne And Wear SR3 1LG3
£122.5K02/210.32 mi2, Southwold Gardens, Sunderland, Tyne And Wear SR3 1LG3
£112.5K03/230.35 mi5, Edward Street, Silksworth, Sunderland, Tyne And Wear SR3 1EW3
£255K01/230.36 mi57, Ski View, Sunderland, Tyne And Wear SR3 1NP3
£82K05/210.38 mi18, Castlereagh Street, Sunderland, Tyne And Wear SR3 1HJ3
£90K03/210.38 mi9, Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear SR3 1HH3
£180K03/210.38 mi6, Hawthorn Avenue, Sunderland, Tyne And Wear SR3 1DU3
£295K01/230.38 miHalcyon, Silksworth Lane, New Silksworth, Sunderland, Tyne And Wear SR3 1AQ3
£116K12/200.41 mi123, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£130K11/200.41 mi112, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£125K04/210.41 mi102, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£105K11/220.41 mi10, Silksworth Terrace, Silksworth, Sunderland, Tyne And Wear SR3 2AT3
£101K02/210.42 mi14, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX3
£135K02/210.47 mi45, Cambridge Road, Sunderland, Tyne And Wear SR3 2DQ3
£93K06/210.47 mi22, Hill Street, Sunderland, Tyne And Wear SR3 2DW3
£94K08/210.47 mi15, Quarry Street, Sunderland, Tyne And Wear SR3 2DR3
£210K08/230.48 mi86, Nursery Road, Sunderland, Tyne And Wear SR3 1NU3
£102.5K11/200.48 mi5, Lilac Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 1DP3
£225K01/230.48 mi83, Nursery Road, Sunderland, Tyne And Wear SR3 1NU3
£66K11/200.49 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£66K11/200.49 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£70K02/210.49 mi8, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£65K01/210.49 mi27, Lord Street, Sunderland, Tyne And Wear SR3 2DY3
£180K12/210.52 mi75, Cambridge Road, Sunderland, Tyne And Wear SR3 2DG3
£125K04/210.53 mi20, Park Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 2EF3

Local Rents

22 rents from £595/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£72509/230.07 mi-3
£65009/240.09 miSomerset Street, Sunderland, Tyne and Wear, SR33
£75009/240.35 miEdward Street, Sunderland, Tyne And Wear, SR33
£72509/240.42 miSilksworth Terrace, Sunderland3
£75001/250.44 mi-3
£75009/240.49 miLord Street, Sunderland, Tyne And Wear, SR33
£70004/240.5 mi-3
£95009/240.63 miCamberley Close, Tunstall3
£69509/240.69 miArden Square, Farringdon, Sunderland South, SR3 3
£75009/240.72 miPlains Road, Plains Farm, Sunderland , SR33
£72509/240.73 mi1 Paisley Square, Sunderland3
£85003/250.74 mi-3
£1,55005/240.76 mi-3
£95009/240.89 miLeechmere Road, Tunstall, Sunderland3
£59510/240.92 mi-3
£1,35009/240.95 miRidgeway Crescent, Ashbrooke3
£89503/251 mi-3
£78511/241.04 mi-3
£82503/251.04 mi-3
£65009/231.06 mi-3
£75007/241.09 mi-3
£80009/241.1 mi-3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

1.81 miles away

Nearest school

0.40 miles away

Nearest train station

1.75 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £119,995

January 9, 2025

Description

  • LARGER STYLE 3 DOUBLE BED MID TERRACE +
  • 2 SPACIOUS GROUND FLOOR RECEPTIONS +
  • WELL PRESENTED THROUGHOUT +
  • EPC RATING (to follow) +
  • GREAT WELL PROPORTIONED FAMILY HOME +

LARGER STYLE 3 DOUBLE BED MID TERRACE - 2 SPACIOUS GROUND FLOOR RECEPTIONS - WELL PRESENTED THROUGHOUT - NEW ROOF IN RECENT YEARS - GREAT WELL PROPORTIONED FAMILY HOME…
Good Life Homes are delighted to bring to the market a substantial 3 double bedroom family home with two large reception rooms on the ground floor plus well presented kitchen and bathroom. Ready to move into this would make a great family home within central Silksworth handy for all amenities. Viewing arrangements can be made by contacting the office. If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our fixed price selling fees start from just £995 on a no sale no fee basis which means that you’ll pay nothing unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home.

Introduction - LARGER STYLE 3 DOUBLE BED MID TERRACE - 2 SPACIOUS GROUND FLOOR RECEPTIONS - WELL PRESENTED THROUGHOUT - NEW ROOF IN RECENT YEARS - GREAT WELL PROPORTIONED FAMILY HOME…

Entrance Vestibule - Entrance via uPVC door. Laminate wood-effect flooring, wall panelling, oak veneer door leading to lounge.

Lounge - 5.49m x 3.89m (18 x 12'9) - Lovely size lounge.
Double and single radiator plus stove style electric fire built within the chimney breast, front facing double-glazed window, laminate wood-effect flooring, partly decorative wood panelling and double oak veneer sliding doors leading into dining room or reception room 2.

Reception Room 2 - 5.54m x 3.84m (18'2 x 12'7) - Continuation of the laminate wood-effect flooring from reception room 1, radiator, white uPVC double-glazed patio doors rear garden, under stairs cupboard providing storage. Open plan staircase leading to first floor, partial brick fireplace with space for electric stove. Door leads off to the kitchen.

Kitchen - 3.61m x 2.34m (11'10 x 7'8) - Laminate wood-effect flooring, white uPVC double-glazed window facing into the rear court yard. Fitted kitchen with a range of wall and floor units in a painted finish with contrasting wood-effect laminate work surface, granite style sink with single bowl, single drainer and matching Monobloc tap, space and plumbing for a washing machine, space to tall fridge/freezer, integrated electric oven and 5 ring gas hob. Recessed lights to the ceiling and wall mounted Combi boiler which was replaced in recent years. To the rear of the kitchen doors leads off to rear lobby.

Rear Lobby - Laminate wood-effect flooring, uPVC double-glazed door, door leading off to bathroom, built-in cupboard providing useful shelving and storage.

Bathroom - 2.57m x 2.26m (8'5 x 7'5) - Vinyl tile-effect flooring, radiator, white uPVC double-glazed window facing onto the rear courtyard. White bathroom suite comprising of, toilet with low level cistern, sink with single pedestal and chrome taps, bath with panel chrome taps with showerhead attachment. Chrome towel heater style radiator, vertical radiator, recessed lights to ceiling. Wall panelling to half height.

First Floor Landing - Decorative wall panelling, rear facing white uPVC double-glazed window, loft hatch with pull down ladders, 3 doors leading off all to bedrooms.

Bedroom 1 - 3.81m x 3.45m (12'6 x 11'4) - Carpet flooring, radiator, rear facing white uPVC double-glazed window, decorative panelling to feature wall. This is a good size double bedroom.

Bedroom 2 - 4.39m x 2.87m (14'5 x 9'5) - Carpet flooring, radiator, front facing white uPVC double-glazed window. This is also a good size double bedroom.

Bedroom 3 - 3.40m x 2.36m (11'2 x 7'9) - This is also a double bedroom.
Carpet flooring, radiator, front facing white uPVC double-glazed window.

Externally - Pedestrian walkway to front providing access to the property. Small well maintained front garden with perimeter fencing providing some privacy.

Timber gates to the rear proving future potential for vehicle parking and garden shed additional storage, outside hot and cold tap.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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