3 Bed Semi-Detached House, Single Let, Sunderland, SR4 9PY, £140,000

Gourock Square, Grindon, Sunderland, SR4 9PY - 2 views - 3 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£70K - £306K
Sold Prices/m²£833/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£127,992

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£675 - £2,350

Rent Estimate

£696

Running Costs/mo

£597

Cashflow/mo

£99

Cashflow/yr

£1,192

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £306K, average is £120K. £833/m² to £3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£134.9K10/210.1 mi27d, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9LR3
£159.9K12/200.1 mi13, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9LR3
£109.5K12/220.12 mi52, Prestbury Road, Sunderland, Tyne And Wear SR4 9DX3
£90K06/230.13 mi3, Rosewood Square, Sunderland, Tyne And Wear SR4 9SE3
£153K04/210.19 mi3, Brockenhurst Drive, Sunderland, Tyne And Wear SR4 9NT3
£83K12/200.23 mi50, Gatwick Road, Sunderland, Tyne And Wear SR4 9QH3
£160K11/200.23 mi73, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NU3
£180K01/210.24 mi24, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG3
£219.3K04/240.24 mi12, Parkstone Close, Sunderland, Tyne And Wear SR4 9PA3
£135K07/210.28 mi233, Gleneagles Road, Sunderland, Tyne And Wear SR4 9RA3
£120K04/230.35 mi34, Goldsmith Road, Sunderland, Tyne And Wear SR4 9RN3
£105K02/210.38 mi76, Gillingham Road, Sunderland, Tyne And Wear SR4 8LD3
£120K05/240.39 mi4, Northland Close, Sunderland, Tyne And Wear SR4 9RZ3
£166K04/240.4 mi4, North Farm Avenue, Sunderland, Tyne And Wear SR4 9SB3
£153K06/210.44 mi22, Waterford Green, Sunderland, Tyne And Wear SR4 9BF3
£120K11/200.45 mi5, Gainsborough Square, Sunderland, Tyne And Wear SR4 8HZ3
£71K03/210.46 mi38, Penistone Road, Sunderland, Tyne And Wear SR4 0HY3
£90K06/230.46 mi21, Penistone Road, Sunderland, Tyne And Wear SR4 0HY3
£70K02/230.46 mi21, Petersfield Road, Sunderland, Tyne And Wear SR4 9BD3
£96K03/210.49 mi39, Petersfield Road, Sunderland, Tyne And Wear SR4 9BB3
£175K08/230.51 mi16, Grindon Park, Sunderland, Tyne And Wear SR4 8HQ3
£105K09/230.51 mi16, Pennymore Square, Sunderland, Tyne And Wear SR4 0HX3
£119K10/230.51 mi5, Gainsborough Road, Sunderland, Tyne And Wear SR4 8HU3
£112.5K03/230.56 mi1, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JG3
£75K05/230.57 mi17, Goole Road, Sunderland, Tyne And Wear SR4 8HT3
£100.1K08/230.61 mi43, Twickenham Road, Sunderland, Tyne And Wear SR3 4JL3
£139.9K04/240.63 mi1, Rosemount, Sunderland, Tyne And Wear SR4 0JU3
£225K04/220.64 mi1, Kincross Close, Sunderland, Tyne And Wear SR4 8RU3
£169.9K12/200.65 mi21, Glenleigh Drive, Sunderland, Tyne And Wear SR4 9HA3
£85K11/200.65 mi311, Portsmouth Road, Sunderland, Tyne And Wear SR4 9AX3
£86K11/200.67 mi80, Tadcaster Road, Sunderland, Tyne And Wear SR3 4NS3
£120K01/210.67 mi20, Twickenham Road, Sunderland, Tyne And Wear SR3 4JH3
£295K09/230.68 mi56, Greenbank Drive, Sunderland, Tyne And Wear SR4 0JX3
£139.9K05/210.68 mi28, Greenbank Drive, Sunderland, Tyne And Wear SR4 0JY3
£86K12/200.69 mi44, Portsmouth Road, Sunderland, Tyne And Wear SR4 9AU3
£90K09/230.69 mi44, Portsmouth Road, Sunderland, Tyne And Wear SR4 9AU3
£120K07/210.71 mi19, Rowan Close, Sunderland, Tyne And Wear SR4 8ES3
£105K10/230.71 mi10, Rowan Close, Sunderland, Tyne And Wear SR4 8ES3
£98K11/230.71 mi1, Portsmouth Road, Sunderland, Tyne And Wear SR4 9AT3
£306K06/210.73 mi17, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ3
£165K07/210.76 mi6, Lisa Avenue, Sunderland, Tyne And Wear SR4 0LA3
£85K11/210.77 mi1, Thorne Square, Sunderland, Tyne And Wear SR3 4PA3
£138K10/200.8 mi11, Hylton Walk, Sunderland, Tyne And Wear SR4 0LB3
£99K12/220.8 mi33, Hylton Walk, Sunderland, Tyne And Wear SR4 0LB3
£87K07/210.8 mi20, Avondale, Sunderland, Tyne And Wear SR4 0LZ3
£136K11/200.82 mi40, Simonside Road, Sunderland, Tyne And Wear SR3 4EW3
£199.9K04/210.82 mi11, Nairn Close, Sunderland, Tyne And Wear SR4 8RN3
£185K06/210.83 mi3, Romaldkirk Close, Sunderland, Tyne And Wear SR4 0NL3
£126.2K03/210.83 mi135, Thistle Road, Sunderland, Tyne And Wear SR3 4PF3
£140K12/200.85 mi60, Southside Gardens, Sunderland, Tyne And Wear SR4 0NP3

Local Rents

22 rents from £675/mo to £2.4K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£67509/240.29 mi-3
£69512/240.29 mi-3
£75009/240.44 miGleneagles Road, Grindon, Sunderland3
£70009/240.47 mi-3
£91503/250.54 mi-3
£75009/240.56 mi-3
£85009/240.59 miGoole Road, Sunderland, SR43
£85009/240.59 mi-3
£75008/240.7 mi-3
£67509/240.77 miHylton Road, Pennywell, Sunderland South, SR4 3
£75011/240.78 mi-3
£70006/230.78 mi-3
£73504/250.83 mi-3
£78511/240.92 mi-3
£82502/250.92 mi-3
£87509/240.95 miHevingham Close, Havelock Park, Sunderland, Tyne and Wear, SR43
£80009/241.06 mi-3
£85009/241.09 miFord Avenue, South Hylton, Sunderland3
£89504/251.15 mi-3
£2,35003/251.17 mi-3
£1,35002/251.17 mi-3
£77509/241.18 miHaydon Square3

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

1.50 miles away

Nearest school

0.10 miles away

Nearest train station

1.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £140,000

February 7, 2025

Description

  • Spacious Attractive Home +
  • Beautifully Presented Throughout +
  • 3 Bedrooms +
  • Impressive Kitchen/Diner +
  • Modern Bathroom +
  • Delightful Generous Gardens +
  • Popular and Convenient Location +
  • Easy Reach of Local Amenities and Good Schools +
  • Easy Access to the A19 and City Centre +
  • Viewing Essential! +

A spacious and beautifully presented three bedroom semi-detached house with a generous drive and superb rear garden, occupying a delightful cul-de-sac position. Internally the stylish accommodation includes an entrance hall with a staircase to the first floor, lounge and a fabulous, contemporary kitchen/diner. To the first floor there are three bedrooms and a bathroom/wc. Situated in the popular residential area of Grindon, the property is ideally located for local amenities, shops and schools, as well as providing transport links to Sunderland City Centre and major road links including the A19. Early viewing is highly recommended to avoid disappointment.

Ground Floor - Access via UPVC entrance door.

Entrance Hall - Radiator, stairs to the first floor and door to lounge.

Lounge - 4.23 x 3.52 (13'10" x 11'6") - Double glazed window to the front, radiator, feature fireplace, built in storage and shelving. Door to the kitchen.

Open Plan Kitchen/Diner - 5.92 x 2.86 (19'5" x 9'4") - Range of contemporary wall and base units with work surfaces over incorporating a sink and drainer unit and breakfast bar. Integrated appliances include an oven, electric hob, fridge freezer and dishwasher. Space has been provided for a washing machine, double glazed window and double glazed French doors to rear and radiator. Door to pantry.

Pantry - 2.36 x 1.87 (7'8" x 6'1") - Wall and base units with work surfaces over, double glazed window to front, UPVC door to rear and extra storage space.

First Floor Landing - Access hatch to loft and double glazed window to the side.

Bedroom 1 - 4.11 x 2.97 (13'5" x 9'8") - Double glazed window to rear, radiator and built in wardrobes.

Bedroom 2 - 3.51 x 2.70 (11'6" x 8'10") - Double glazed window to front and radiator.

Bedroom 3 - 3.73 x 2.61 max (12'2" x 8'6" max ) - Double glazed window to front, radiator and storage cupboard.

Bathroom - Low level WC, wash hand basin and bath with overhead shower, part tiled walls, radiator and double glazed windows.

Outside - Generous front garden with a block paved driveway and an attractive garden to the rear with a lawn and patio area.

Council Tax Band - The Council Tax Band is Band A.

Important Notice - Particulars - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:-
The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract. Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information. Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor. The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £210.00 by Movewithus Ltd.

Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk

Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon

Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.

Agent Details

Peter Heron Residential Sales and Lettings, Sunderland

0191 625 1058

Next Steps?

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