2 Bed Flat, Single Let, Sunderland, SR6 9QZ, £95,000

Sandringham Road, Sunderland, SR6 9QZ - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£55K - £290K
Sold Prices/m²£808/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£115,598
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£600

Running Costs/mo

£437

Cashflow/mo

£163

Cashflow/yr

£1,958

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £55K to £290K, average is £120K. £808/m² to £3.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£72K12/230.02 mi10, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£82.5K01/210.02 mi26, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£74K07/210.07 mi43, Hampden Road, Sunderland, Tyne And Wear SR6 9QH2
£101K09/220.09 mi16, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£86K04/210.09 mi19, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£83K08/230.1 mi1, Westburn Terrace, Sunderland, Tyne And Wear SR6 9RB2
£69K03/230.11 mi29, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£70K01/210.11 mi15, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£100K02/230.14 mi24, Association Road, Sunderland, Tyne And Wear SR6 9QG2
£105K09/220.14 mi25, Association Road, Sunderland, Tyne And Wear SR6 9QG2
£77K06/230.16 mi102a, Gladstone Street, Sunderland, Tyne And Wear SR6 0JA2
£75.5K11/200.17 mi17, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£84K04/210.18 mi22, Turnstile Mews, Sunderland, Tyne And Wear SR6 9TP2
£115K10/230.22 mi12, Ashdale Court, Sunderland, Tyne And Wear SR6 9SZ2
£94K07/210.33 mi71, Bede Street, Sunderland, Tyne And Wear SR6 0NT2
£103K02/210.33 mi69, Bede Street, Sunderland, Tyne And Wear SR6 0NT2
£105K08/210.38 mi9, Park Gate, Sunderland, Tyne And Wear SR6 9PW2
£118K07/220.43 mi13, Park Gate, Sunderland, Tyne And Wear SR6 9PW2
£135K06/220.48 mi7, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ2
£148.5K07/240.49 mi5, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ2
£149K08/230.49 mi10, Beacon Drive, Sunderland, Tyne And Wear SR6 0RJ2
£97.5K03/210.5 mi35, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN2
£97.5K03/210.5 mi35, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN2
£240K10/220.5 mi16, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN2
£122K04/230.5 mi37, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN2
£151K01/230.5 mi36, Bromarsh Court, Sunderland, Tyne And Wear SR6 0RN2
£159.9K03/230.51 mi33, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA2
£191K07/220.52 mi9, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£173K06/210.52 mi24, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£157K06/240.52 mi11, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£148.8K06/240.52 mi27, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£147.5K08/220.54 mi15, Haven Court, Sunderland, Tyne And Wear SR6 0RL2
£74K07/210.56 mi45, Hampden Road, Sunderland, Tyne And Wear SR6 9QH2
£175K02/240.58 mi18, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£170K11/200.58 mi12, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£177K11/230.58 mi15, Liddell Court, Sunderland, Tyne And Wear SR6 0RH2
£125K08/220.59 mi35, Topcliff, Sunderland, Tyne And Wear SR6 0QD2
£175K01/240.59 mi8, Orchard Court, Sunderland, Tyne And Wear SR6 8NR2
£125.3K02/240.59 mi22, Topcliff, Sunderland, Tyne And Wear SR6 0QD2
£163.5K04/240.59 mi8, Wheatsheaf Court, Sunderland, Tyne And Wear SR6 0RF2
£130K02/220.62 mi16, Viewforth Terrace, Sunderland, Tyne And Wear SR5 1PZ2
£225K09/210.63 mi14, Hallgarth Court, Sunderland, Tyne And Wear SR6 0RG2
£150.5K01/240.63 mi37, Hallgarth Court, Sunderland, Tyne And Wear SR6 0RG2
£55K03/230.64 mi84, Howick Park, Sunderland, Tyne And Wear SR6 0DE2
£71K06/230.64 mi82, Howick Park, Sunderland, Tyne And Wear SR6 0DE2
£65K11/220.64 mi80, Howick Park, Sunderland, Tyne And Wear SR6 0DE2
£257K05/210.68 mi2, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£221K11/220.68 mi1, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£290K06/230.68 mi6, Cliffe Court, Sunderland, Tyne And Wear SR6 9NT2
£106K12/200.75 mi7 Bonners Raff, Chandlers Road, Sunderland, Tyne And Wear SR6 0AD2

Local Rents

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

RentDateDistanceAddressBeds 
£99509/240.21 miLaburnum Road, Sunderland, SR62
£95009/240.21 miAshberry Grove, Roker2
£75003/250.24 mi-2
£2,00011/240.27 mi-2
£1,75003/250.27 mi-2
£2,00011/240.27 mi-2
£2,00011/240.27 mi-2
£75009/240.29 miHartington Street, Sunderland, Tyne and Wear, SR62
£75003/250.32 mi-2
£70008/240.38 mi-2
£79509/240.41 miMarina Avenue, Fulwell2
£85004/250.47 mi-2
£89002/240.47 mi-2
£60010/230.48 mi-2
£85009/240.48 miBeacon Drive, North Haven, Sunderland2
£65009/240.49 miRoss Street, Sunderland2
£95009/240.51 miRoker Terrace, Roker, Sunderland2
£85009/240.52 miRoker Terrace, Sunderland, Tyne and Wear, SR62
£95009/240.52 mi-2
£75009/240.53 miSouthwick Road, Sunderland, Tyne and Wear, SR52
£80003/250.55 mi-2
£87509/240.56 miLiddell Court, Sunderland2
£65009/240.58 miSea Road, Fulwell2
£72509/240.59 miTopcliff2

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.04 miles away

Nearest school

0.10 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 £95,000

January 12, 2025

Floor Plans

Description

  • Two Bedroom +
  • Ground Floor Property +
  • Stylish Décor +
  • Modern Shower Room +
  • Private Rear Yard +
  • Close To Coast +

Exceptional two-bedroom ground floor property, boasting a prime location close to the coast. Upon entering, you are greeted by the stylish décor that runs seamlessly throughout the property, creating a warm and inviting atmosphere. The versatile layout allows for the home owners to adapt how they wish. The property comprises a hallway with access to the bright master bedroom, bedroom two and the lounge. The lounge leads through to the kitchen and the modern shower room adds a touch of luxury, providing a relaxing space to unwind after a long day. Ideal for those seeking a comfortable and convenient living space.

Moving outside, the enclosed private yard to the rear of the property offers a secluded oasis, ensuring privacy and security. With a garage door providing easy access for parking, storage, or additional outdoor seating, this outside space is versatile and functional. Whether you are looking to soak up the sunshine or host a barbeque with friends, this space caters to a variety of outdoor activities, making it a desirable feature of this charming property. Don't miss the opportunity to make this delightful property your own and enjoy the best of coastal living. Situated within a 15 minute walk to the coast this property is in a great position for those looking for their first home or the ease of stair free living. The fabulous coast has stunning sandy beaches and fantastic restaurants and cafes. The stadium of light Metro station is within a 10 minute walk, providing easy access to surrounding areas. Football supporter? Sunderland's Stadium of Light in within walking distance as is the popular Sheepfolds Stables, with fresh restaurants and live music. Sunderland City centre is also within easy reach, recently gaining it's vibrancy with new bars and restaurants giving the city an exciting new vibe!

EPC Rating: D

Agent Details

Conway Christie, South Tyneside

0191 905 2852

Next Steps?

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