2 Bed Terraced House, Single Let, Sunderland, SR3 1SR, £95,000

Portland Road, Plains Farm, Sunderland, SR3 1SR - 1 views - 3 months ago

BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£68.5K - £305K
Sold Prices/m²£824/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£102,664
BMV8%

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

£500 - £1,995

Rent Estimate

£506

Running Costs/mo

£418

Cashflow/mo

£88

Cashflow/yr

£1,055

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £68.5K to £305K, average is £122.5K. £824/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£68.5K08/210.16 mi31, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS2
£94K12/200.19 mi34, Tudor Grove, Sunderland, Tyne And Wear SR3 1SB2
£82K06/230.2 mi107, Premier Road, Sunderland, Tyne And Wear SR3 1SY2
£74K05/230.29 mi9, Paignton Square, Sunderland, Tyne And Wear SR3 1QT2
£75K03/210.3 mi2, Sunningdale Road, Sunderland, Tyne And Wear SR3 4HE2
£79.6K07/230.31 mi5, Portree Square, Sunderland, Tyne And Wear SR3 1QU2
£75K11/200.33 mi3, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£68.5K02/210.33 mi15, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£96K08/230.33 mi15, Purley Square, Sunderland, Tyne And Wear SR3 1RG2
£110K12/200.37 mi18, Strathmore Road, Sunderland, Tyne And Wear SR3 4EY2
£119K06/230.37 mi20, Strathmore Road, Sunderland, Tyne And Wear SR3 4EY2
£172K04/210.41 mi6, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF2
£179.9K07/220.41 mi1, Ettrick Gardens, Sunderland, Tyne And Wear SR4 8QF2
£197.5K09/230.48 mi53, Hipsburn Drive, Sunderland, Tyne And Wear SR3 1TY2
£115K02/210.49 mi4, Cranbrook, Sunderland, Tyne And Wear SR3 1DL2
£146K06/230.51 mi30, Beldene Drive, Sunderland, Tyne And Wear SR4 8QD2
£105K01/230.54 mi3, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£109K08/210.55 mi1, Seaton Road, Sunderland, Tyne And Wear SR3 4EQ2
£76.5K05/230.56 mi6, Kitchener Street, Sunderland, Tyne And Wear SR4 7QJ2
£171K05/230.56 mi78, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX2
£227.5K08/230.56 mi12, Woodville Crescent, Sunderland, Tyne And Wear SR4 8RE2
£174.9K11/200.57 mi21, Woodland Drive, Sunderland, Tyne And Wear SR4 8QR2
£220K09/210.57 mi8, Wimbourne Avenue, Sunderland, Tyne And Wear SR4 8RA2
£183K01/210.57 mi29, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ2
£112K09/230.58 mi26, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£100K11/210.58 mi29, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£76K01/230.58 mi1, Nora Street, Sunderland, Tyne And Wear SR4 7QW2
£133K09/230.6 mi4, Frinton Park, Sunderland, Tyne And Wear SR3 1DN2
£190K08/210.6 mi26, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PE2
£176.3K07/210.61 mi9, Dunbreck Grove, Sunderland, Tyne And Wear SR4 7LL2
£245K05/230.62 mi1, Melbourne Place, Sunderland, Tyne And Wear SR4 8LN2
£305K06/210.63 mi5, Granby Close, Sunderland, Tyne And Wear SR3 1XG2
£175K06/210.64 mi17, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ2
£195K12/200.64 mi23, St Nicholas Avenue, Sunderland, Tyne And Wear SR3 1YH2
£200K10/210.65 mi70, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PY2
£215K11/230.67 mi17, Mount Grove, Sunderland, Tyne And Wear SR4 7NW2
£167.5K01/210.68 mi3, Heatherlea Gardens, Sunderland, Tyne And Wear SR3 1YQ2
£207.5K12/220.68 mi120, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LJ2
£100K11/200.69 mi23, Dunbar Street, Sunderland, Tyne And Wear SR4 7RZ2
£225K06/230.7 mi7, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP2
£175.7K11/230.7 mi11, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP2
£90.3K05/230.71 mi37, Abercorn Road, Sunderland, Tyne And Wear SR3 3LG2
£85K03/230.71 mi32, Abercorn Road, Sunderland, Tyne And Wear SR3 3LG2
£249.9K06/230.72 mi24, Crosslea Avenue, Sunderland, Tyne And Wear SR3 1LS2
£126K06/230.73 mi35, Barnard Street, Sunderland, Tyne And Wear SR4 7RX2
£126K07/230.73 mi5, Barnard Street, Sunderland, Tyne And Wear SR4 7RX2
£105K10/200.73 mi7, Pit Row, Sunderland, Tyne And Wear SR3 1AF2
£96.5K10/210.73 mi27, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ2
£115K12/200.73 mi99, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL2
£112.5K04/230.73 mi89, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL2

Local Rents

47 rents from £500/mo to £2K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£57509/240.27 miPerth Road, Plains Farm, Sunderland2
£96011/240.45 mi-2
£65002/250.53 mi-2
£99509/240.57 miWimbourne Avenue, High Barnes, Sunderland2
£95009/240.57 miWimbourne Avenue, High Barnes2
£60009/240.58 miNora Street, High Barnes, Sunderland2
£65009/240.65 miDene Street, Sunderland, SR32
£65009/240.68 mi-2
£75009/240.7 miNairn Close, The Broadway, SUNDERLAND, SR42
£62509/240.76 miAlnwick Road, Sunderland2
£50009/240.78 miSomerset Cottages, Sunderland, SR32
£50002/240.78 mi-2
£50003/240.78 mi-2
£75009/240.8 miSunnybrow, Silksworth, Sunderland2
£69509/240.8 mi-2
£75010/230.83 mi-2
£69509/230.87 mi-2
£62509/240.89 mi-2
£52509/240.89 miThe Strand, Sunderland, Tyne and Wear, SR32
£59509/240.9 miThe Strand, Lakeside Village, Sunderland2
£80004/250.94 mi-2
£75009/240.94 miThe Strand, Sunderland, Tyne and Wear, SR32
£70009/240.95 miHolborn Road, Hylton Lane, Sunderland, Tyne and Wear, SR4 8AR2
£72509/240.97 miHawkesley Road, Sunderland, SR42
£1,99501/250.98 mi-2
£65002/251.01 mi-2
£70009/241.01 miBelle Vue Crescent, Sunderland, SR22
£65009/241.03 mi-2
£69509/241.03 miArundel Road, Sunderland, Tyne and Wear, SR3 3JW2
£79509/241.05 mi-2
£65009/241.11 miHighfield Place, Pallion, Sunderland2
£65003/241.11 mi-2
£65004/251.11 mi-2
£87509/241.11 miWillow Green, Ashbrooke, Sunderland, SR22
£59509/241.11 miAllendale Road, Farringdon, Sunderland2
£65012/241.11 mi-2
£52509/241.12 miCarlisle House, Ashford Road, Farringdon, Sunderland2
£52509/241.13 mi-2
£50003/251.13 mi-2
£67509/241.15 miPallion Road, Sunderland, Tyne And Wear, SR42
£65009/241.16 miCastlereagh Street, Silksworth2
£75009/241.17 mi-2
£67509/241.17 mi5 Thornhill Gardens, Sunderland, SR22
£80010/241.17 mi-2
£71501/251.17 mi-2
£85003/251.17 mi-2
£70009/241.17 miThornhill Gardens, Ashbrooke, Sunderland, SR22

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

1.03 miles away

Nearest school

0.10 miles away

Nearest train station

1.18 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £95,000

January 16, 2025

Description

  • ATTENTION FIRST TIME BUYERS OR DIY’ERS +
  • LARGE PLOT TO FRONT, SIDE & REAR +
  • UPVC DG, GCH WITH GAS SAFE CERT, ELECTRICAL CERT +
  • EPC RATING D +
  • COSMETIC UPDATING +
  • POTENTIAL FOR FUTURE EXTENSION, GARAGE OR LONG DRIVEWAY +
  • NO CHAIN +

ATTENTION FIRST TIME BUYERS OR DIY’ERS - 2 DOUBLE BED - LARGE PLOT TO FRONT, SIDE & REAR - UPVC DOUBLE-GLAZING, GCH WITH GAS SAFE CERT, ELECTRICAL CERT - COSMETIC UPDATING - POTENTIAL FOR FUTURE EXTENSION, GARAGE OR LONG DRIVEWAY - NO CHAIN …
Good Life Homes are delighted to bring to the market an opportunity to acquire a spacious 2 double bedroom home on a large plot with dropped kerb allowing driveway access to the front and the ability to extend this down the side which would appeal to buyers looking for lots of parking or vehicle standing space. The rear garden is also large and offers landscaping potential. Internally, the property briefly comprises; large lounge, generous kitchen/dining room, WC, 2 first floor double bedrooms, bathroom. The property was previously rented out and we understand that the owner had gas and electrical certificates in place which suggests the gas and electrics are up to date. With the benefit of NO CHAIN, viewing arrangements can be made by contacting our local 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 you won’t pay us anything 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 - ATTENTION FIRST TIME BUYERS OR DIY’ERS - 2 DOUBLE BED - LARGE PLOT TO FRONT, SIDE & REAR - UPVC DOUBLE-GLAZING, GCH WITH GAS SAFE CERT, ELECTRICAL CERT - COSMETIC UPDATING - POTENTIAL FOR FUTURE EXTENSION, GARAGE OR LONG DRIVEWAY - NO CHAIN …

Entrance Hall - Entrance via side uPVC double-glazed door. Carpet flooring, carpeted stairs to first floor landing. Door leading off to lounge.

Lounge - 4.57m x 4.34m (15'0 x 14'3) - Very large family size.
Carpet flooring, doubler radiator, front facing white uPVC double-glazed bow window, fireplace with coal-effect gas fire, built-in cupboard to 1 side. Door leading off to dining kitchen.

Dining Kitchen - 4.32m x 2.90m (14'2 x 9'6) - Laminate wood-effect flooring, 2 rear facing white uPVC double-glazed windows. Fitted kitchen with a range of wall and floor units in a medium to dark wood finish with wood-effect laminate work surfaces. Stainless steel sink with single bowl, single drainer and matching taps. Space and plumbing for gas cooker, electric cooker point, radiator. Door leading off to lounge, door leading off to rear lobby

Rear Lobby - 2 folding doors, 1 leading off to under stairs cupboard which contains a Combi boiler, 1 of which leads of to downstairs WC, uPVC double-glazed door which leads to the side and rear of the property.

Wc - 1.47m x 0.81m (4'10 x 2'8) - Vinyl flooring, white uPVC double-glazed window with privacy glass, white toilet with mid level cistern, uPVC cladding to the walls.

First Floor Landing - Side facing white uPVC double-glazed window, loft hatch. 3 doors leading off, 2 to bedrooms and 1 to bathroom. Large built-in cupboard providing additional storage.

Bathroom - 2.24m x 1.83m (7'4 x 6'0) - Vinyl flooring, white toilet with low level cistern, white sink with single pedestal and chrome taps, white bath with panel, chrome taps with showerhead attachment, double shower cubicle. Rear facing white uPVC double-glazed window with privacy glass, uPVC cladding to the walls.

Bedroom 1 - 4.37m x 3.35m (14'4 x 11'0) - Carpet flooring, front facing white uPVC double-glazed window. Built-in cupboard providing some storage. This is a large double bedroom.

Bedroom 2 - 4.17m x 3.48m (13'8 x 11'5) - This is also a large double bedroom.
Carpet flooring, radiator, rear facing white uPVC double-glazed window with views over rear garden.

Externally - Dropped kerb with driveway parking for multiple vehicles with the potential to extend further down the side of the property given the size of the plot.

The property benefits from a very large plot which extends to the front, side and rear and has the potential to considerably extend the driveway down of the property to the rear. Ample space to the side (approx. 14ft) to the boundary allowing ample space for a future extension subject to approval etc etc. The rear garden is mainly laid to lawn and has perimeter fencing and is very generous in size.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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