3 Bed Semi-Detached House, Single Let, Sunderland, SR3 4ER, £110,000

Swindon Square, Springwell, Sunderland, SR3 4ER - 2 months ago

BTL
ROI: 9%
~93 m²

ValuationUndervalued

Sold Prices£70K - £306K
Sold Prices/m²£787/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£135,481
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£725 - £2,350

Rent Estimate

£750

Running Costs/mo

£514

Cashflow/mo

£236

Cashflow/yr

£2,835

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £306K, average is £130K. £787/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£108K06/210.1 mi30, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£118K12/200.1 mi32, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£105K02/210.1 mi18, Simonside Road, Sunderland, Tyne And Wear SR3 4EP3
£137K03/230.11 mi8, Shaftoe Road, Sunderland, Tyne And Wear SR3 4HA3
£118K12/200.12 mi84, Sunningdale Road, Sunderland, Tyne And Wear SR3 4ES3
£115K04/210.13 mi37, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£145K07/230.13 mi49, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£130K04/230.14 mi25, Shoreham Square, Sunderland, Tyne And Wear SR3 4DP3
£139K06/230.16 mi85, Springwell Road, Sunderland, Tyne And Wear SR3 4DZ3
£136K11/200.2 mi40, Simonside Road, Sunderland, Tyne And Wear SR3 4EW3
£223.8K07/230.26 mi54, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QS3
£192K12/220.29 mi80, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX3
£110K02/230.3 mi60, Purley Road, Sunderland, Tyne And Wear SR3 1RF3
£70K04/210.32 mi55, Polmuir Road, Sunderland, Tyne And Wear SR3 1QF3
£185K01/230.32 mi15, Norway Avenue, Sunderland, Tyne And Wear SR4 8QW3
£96K02/230.33 mi5, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3
£72K02/210.34 mi65, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3
£74K04/230.34 mi100, Primate Road, Sunderland, Tyne And Wear SR3 1RJ3
£110K07/210.34 mi62, Scruton Avenue, Sunderland, Tyne And Wear SR3 1SG3
£105K08/210.34 mi16, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£108K12/210.34 mi10, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£116K06/230.34 mi8, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£80K08/210.34 mi18, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS3
£199.9K04/210.36 mi11, Nairn Close, Sunderland, Tyne And Wear SR4 8RN3
£130K06/210.36 mi18, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£120.5K07/210.36 mi7, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£155K02/210.37 mi8, Southmayne Road, Sunderland, Tyne And Wear SR4 8NF3
£210K01/230.41 mi5, Winston Crescent, Sunderland, Tyne And Wear SR4 8RH3
£76.5K03/210.41 mi6, Princetown Terrace, Sunderland, Tyne And Wear SR3 1RL3
£306K06/210.41 mi17, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ3
£105K01/230.43 mi6, Plains Road, Sunderland, Tyne And Wear SR3 1SN3
£75K05/230.44 mi17, Goole Road, Sunderland, Tyne And Wear SR4 8HT3
£112.5K03/230.46 mi1, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JG3
£225K04/220.46 mi1, Kincross Close, Sunderland, Tyne And Wear SR4 8RU3
£200K10/230.46 mi12, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£204K09/230.46 mi18, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£145K01/210.47 mi30, Nookside, Sunderland, Tyne And Wear SR4 8ND3
£230K07/230.48 mi122, Durham Road, Sunderland, Tyne And Wear SR3 4AJ3
£167.3K12/200.49 mi40, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£218K07/230.49 mi11, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£299.9K03/240.49 mi2, Woodville Crescent, Sunderland, Tyne And Wear SR4 8RD3
£169.9K12/200.49 mi21, Glenleigh Drive, Sunderland, Tyne And Wear SR4 9HA3
£119K10/230.5 mi5, Gainsborough Road, Sunderland, Tyne And Wear SR4 8HU3
£120K01/210.51 mi20, Twickenham Road, Sunderland, Tyne And Wear SR3 4JH3
£85K05/210.51 mi32, Perth Road, Sunderland, Tyne And Wear SR3 1TB3
£170K05/210.53 mi39, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£209.9K04/240.53 mi33, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£120K06/230.53 mi69, Hexham Road, Sunderland, Tyne And Wear SR4 8BW3
£185K08/210.53 mi18, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3
£140K08/230.53 mi32, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3

Local Rents

14 rents from £725/mo to £2.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89503/250.14 mi-3
£78511/240.14 mi-3
£82502/250.14 mi-3
£72509/240.31 mi1 Paisley Square, Sunderland3
£85003/250.35 mi-3
£2,35003/250.43 mi-3
£1,35002/250.43 mi-3
£85009/240.43 mi-3
£85009/240.43 miGoole Road, Sunderland, SR43
£75009/240.44 miPlains Road, Plains Farm, Sunderland , SR33
£75009/240.58 miGleneagles Road, Grindon, Sunderland3
£1,95009/240.62 mi-3
£1,95001/250.62 mi-3
£2,30003/250.62 mi-3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

0.96 miles away

Nearest train station

1.35 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £110,000

February 11, 2025

Description

  • CHAIN FREE +
  • SOLD AS SEEN +
  • SOUGHT AFTER LOCATION 3 BED SEMI-DETACHED PLUS LOFT ROOM +
  • EPC RATING E +
  • CUL DE SAC POSITION WITH DRIVEWAY +

3 BED SEMI-DETACHED PLUS LOFT ROOM - CUL DE SAC POSITION WITH DRIVEWAY - SPACIOUS FAMILY SIZED HOME- SOLD AS SEEN WITH NO CHAIN… briefly comprising; entrance hall, large dining/kitchen, separate lounge, rear lobby/potential utility, 3 first floor double bedrooms, bathroom, loft room. Extensive gardens to front and rear. A terrific opportunity, 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 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 -

Entrance Hall - Entrance via partially-glazed door. Vinyl wood-effect flooring, radiator concealed behind radiator cover, stairs to leading to first floor, front facing uPVC single-glazed window. Door leading off to kitchen/dining room.

Dining Kitchen - 6.76m x 3.05m (22'2 x 10'0) - The kitchen/dining room has a fitted kitchen with a range of units in a medium wood-effect finish with contrasting work surface. Space and plumbing for a washing machine, stainless steel sink with single bowl, single drainer and matching Monobloc tap. Breakfast bar return providing useful informal dining opportunities. 2 radiators and 2 uPVC single-glazed windows with lovely views over the rear garden. Wall mounted Combi boiler, recessed lights to ceiling and ample additional space for dining table and chairs. Side door leading to rear lobby. Open plan door leading through into the lounge.

Lounge - 4.70m x 3.30m (15'5 x 10'10) - Carpet flooring, double radiator, front facing uPVC single-glazed window with lovely views. Fireplace with painted finish. The lounge is partially open plan to the kitchen/dining room.

Rear Lobby - Front facing uPVC single-glazed window, uPVC double-glazed door leading out to the rear, built-in cupboard providing additional storage.

First Floor Landing - Side facing white uPVC single-glazed window, built-in cupboard storage, 4 doors leading off, 3 to bedrooms and 1 to bathroom.

Bathroom - 2.29m x 1.68m (7'6 x 5'6) - Vinyl wood-effect flooring, radiator concealed behind cover, white uPVC single-glazed window with privacy glass. White toilet with low level cistern, white sink with single pedestal, white bath with panel, chrome taps and electric shower over. Recessed lights to ceiling.

Bedroom 1 - 4.29m x 2.87m (14'1 x 9'5) - Carpet flooring, single radiator, rear facing white uPVC single-glazed window. Built-in recess providing useful additional storage. This is a good size double bedroom.

Bedroom 2 - 3.71m x 2.69m (12'2 x 8'10) - Carpet flooring, single radiator, front facing uPVC single-glazed window. This is also a good size double bedroom.

Bedroom 3 - 3.96m x 2.79m (13'0 x 9'2) - Carpet flooring, single radiator, front facing uPVC single-glazed window. Fixed staircase to loft room. Please note this 3rd bedroom was also a double bedroom.

Loft Room - 4.27m x 3.66m (14'0 x 12'0) - Measurements taken at widest points.
The loft is partially converted with electric sockets, electric wall heater and double-glazed Velux style roof light with additional door leading through to the remaining loft space which provides a huge additional storage. The loft room is accessed via fixed staircase in bedroom 3 and has versatile potential.

Externally - Large front garden with drop kerb and timber gates leading to driveway parking with potential to extend further.

The property benefits from a very large rear garden plot which is mostly devoted to lawn with perimeter fencing and hedges to each side providing a good degree of privacy through out the day.

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 💪