2 Bed Terraced House, Single Let, Sunderland, SR4 9QR, £114,950

22 Glencoe Square, Grindon, SR4 9QR, United Kingdom - 8 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£62.5K - £235K
Sold Prices/m²£977/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£108,467

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,738

Stamp Duty & Legal Fees

£4,649

Total Cash In

£33,386

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£578

Running Costs/mo

£495

Cashflow/mo

£83

Cashflow/yr

£998

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £62.5K to £235K, average is £102.5K. £977/m² to £4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£100K12/210.01 mi6, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£90K01/210.01 mi23, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£95K06/230.02 mi15, Gartland Road, Sunderland, Tyne And Wear SR4 9QL2
£105K02/230.1 mi20, Gardiner Square, Sunderland, Tyne And Wear SR4 9PR2
£77K04/210.12 mi17, Greenwood Road, Sunderland, Tyne And Wear SR4 8JR2
£93K01/210.16 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£98.6K03/240.16 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£75K10/230.19 mi22, Greenshields Road, Sunderland, Tyne And Wear SR4 9RF2
£87.5K12/220.19 mi38, Goodwood Road, Sunderland, Tyne And Wear SR4 9QA2
£120.5K03/210.21 mi18, Brockenhurst Drive, Sunderland, Tyne And Wear SR4 9NT2
£95K02/210.23 mi11, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£110K11/230.23 mi6, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£92K11/230.24 mi73, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£95K11/200.24 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£105K01/240.24 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£210K10/210.25 mi17, Hillingdon Grove, Sunderland, Tyne And Wear SR4 9NX2
£98K12/220.25 mi96, Galashiels Road, Sunderland, Tyne And Wear SR4 8JL2
£62.5K11/200.26 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£62.5K11/200.26 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£85K01/210.28 mi87, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JF2
£95K09/230.28 mi22, Gainsborough Square, Sunderland, Tyne And Wear SR4 8HZ2
£179.9K02/230.29 mi15, Kirkwood Avenue, Sunderland, Tyne And Wear SR4 9NE2
£156K09/230.29 mi36, Kirkwood Avenue, Sunderland, Tyne And Wear SR4 9NE2
£71K10/210.32 mi38, Prestbury Road, Sunderland, Tyne And Wear SR4 9DX2
£80K03/210.32 mi40, Gairloch Road, Sunderland, Tyne And Wear SR4 8HX2
£170K08/230.33 mi62, North Farm Avenue, Sunderland, Tyne And Wear SR4 9SD2
£185K01/230.33 mi20, Bramley Close, Sunderland, Tyne And Wear SR4 9LZ2
£148.8K01/210.33 mi24, Bramley Close, Sunderland, Tyne And Wear SR4 9LZ2
£155K04/240.36 mi31, Lynwood Avenue, Sunderland, Tyne And Wear SR4 9NL2
£140K12/230.36 mi10, Lynwood Avenue, Sunderland, Tyne And Wear SR4 9NL2
£165K12/210.36 mi155, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£171K05/230.36 mi173, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£155K05/230.36 mi149, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£85K11/200.38 mi17, Galsworthy Road, Sunderland, Tyne And Wear SR4 8JQ2
£160K04/240.39 mi33, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£150K10/200.39 mi5, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£174K02/210.39 mi10, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£155K01/210.39 mi143, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NQ2
£235K06/230.39 mi143, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NQ2
£164K02/240.43 mi5, Kingswood Grove, Sunderland, Tyne And Wear SR4 9NJ2
£100K10/230.48 mi193, Grindon Lane, Sunderland, Tyne And Wear SR4 8HS2
£95K03/230.49 mi8, The Greenway, Sunderland, Tyne And Wear SR4 8PF2
£90K10/210.5 mi34, Pennywell Road, Sunderland, Tyne And Wear SR4 9HX2
£220K11/230.52 mi5, Glamis Avenue, Sunderland, Tyne And Wear SR4 8PB2
£146K07/230.52 mi8, Glamis Avenue, Sunderland, Tyne And Wear SR4 8PB2
£160K02/230.56 mi111, The Broadway, Sunderland, Tyne And Wear SR4 8PA2
£135K04/210.58 mi17, Nookside, Sunderland, Tyne And Wear SR4 8PH2
£75K02/230.64 mi42, Portsmouth Square, Sunderland, Tyne And Wear SR4 9AY2
£87K12/210.64 mi24, Portsmouth Square, Sunderland, Tyne And Wear SR4 9AY2
£82K10/210.69 mi84, Portsmouth Road, Sunderland, Tyne And Wear SR4 9AX2

Local Rents

25 rents from £525/mo to £995/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£52509/240.12 mi-2
£65009/240.2 mi-2
£69509/230.36 mi-2
£75010/230.41 mi-2
£75009/240.7 miNairn Close, The Broadway, SUNDERLAND, SR42
£67503/250.71 mi-2
£65009/240.72 mi-2
£69509/240.77 mi-2
£75009/240.78 mi-2
£96011/240.8 mi-2
£72509/240.84 miHawkesley Road, Sunderland, SR42
£70009/240.87 miHolborn Road, Hylton Lane, Sunderland, Tyne and Wear, SR4 8AR2
£65002/250.98 mi-2
£62509/241 mi-2
£69509/241.01 miArundel Road, Sunderland, Tyne and Wear, SR3 3JW2
£65012/241.08 mi-2
£99509/241.08 miWimbourne Avenue, High Barnes, Sunderland2
£65007/241.08 mi-2
£95009/241.09 miWimbourne Avenue, High Barnes2
£65003/241.11 mi-2
£65004/251.11 mi-2
£62509/241.13 miAlnwick Road, Sunderland2
£72503/251.19 mi-2
£59509/241.24 miAllendale Road, Farringdon, Sunderland2
£57509/241.24 miPerth Road, Plains Farm, Sunderland2

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

1.43 miles away

Nearest school

0.10 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £114,950

January 22, 2025

Floor Plans

Description

  • Available For Sale With No Chain Involved +
  • Beautifully Presented Throughout +
  • Two Well Proportioned Bedrooms +
  • Modern Open Plan Layout To Ground Floor +
  • Stylish Kitchen And Stunning Modern Bathroom +
  • Popular Residential Location With Convenient Amenities +
  • Reference: 460190 +

Available with no chain involved, this beautifully presented two-bedroom mid-terraced property on Glencoe Square, Grindon, is a fantastic opportunity for buyers seeking a move-in-ready home. Decorated and maintained to a high standard, the property boasts a modern open-plan layout on the ground floor, featuring a stylish and functional kitchen. Upstairs, you'll find two well proportioned bedrooms and a contemporary bathroom, offering both comfort and practicality.

Externally, the property includes a well-maintained lawned garden to the front and a rear garden with a paved patio area, perfect for outdoor relaxation or entertaining. Benefiting from double glazing and combi gas central heating with a boiler that was installed in June 2022, this home ensures year-round comfort.

Located in a well regarded residential estate, it is within easy reach of a range of amenities including schools, local shops, and excellent road and transport links.

An ideal choice for a variety of buyers - early viewing is highly recommended!
ENTRANCE
Composite entrance door to the hallway which has stairs to the first floor, laminate flooring and a radiator.
LOUNGE 3.35m (11') x 3.91m (12'10)
Double glazed window, radiator, feature fireplace, open to:
KITCHEN / DINER 4.82m (15'10) x 2.7m (8'10)
Fitted with a range of wall and floor units, electric oven, electric hob, extractor hood, stainless steel sink with mixer tap, double glazed window, double glazed French doors to the rear, radiator, tiled floor.
FIRST FLOOR LANDING

FRONT MASTER BEDROOM 3.92m (12'10) x 3.09m (10'2)
Double glazed window, radiator, storage cupboard which houses combi boiler.
REAR BEDROOM 2.37m (7'9) x 2.75m (9'0)
Double glazed window, radiator.
BATHROOM
Panelled bath with shower over and shower screen, low flush toilet, wash basin, chrome radiator, double glazed window, tiled walls and floor.
EXTERIOR
The front garden is lawned. Rear garden has lawn and paved patio, there is also an alleyway to the front.
Tenure
The property is Freehold.
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 8 Mbps and a maximum download speed of 1000 Mbps at this postcode: SR4 9QR and mobile coverage is provided by EE, Three, O2 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: A
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: TBC

Agent Details

Andrew Craig, Sunderland

0191 625 0130

Next Steps?

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