3 Bed House, Single Let, Sunderland, SR3 4EB, £159,995

Somerset Road, Springwell, Sunderland, SR3 4EB - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+18 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£143,108

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£6,000

Total Cash In

£45,999

 

 

Cash Out

 

Rent Range

£700 - £2,350

Rent Estimate

£741

Running Costs/mo

£668

Cashflow/mo

£73

Cashflow/yr

£874

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £306K, average is £138K. £787/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£139K06/230.04 mi85, Springwell Road, Sunderland, Tyne And Wear SR3 4DZ3
£108K06/210.13 mi30, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£118K12/200.13 mi32, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£192K12/220.13 mi80, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX3
£199.9K04/210.16 mi11, Nairn Close, Sunderland, Tyne And Wear SR4 8RN3
£223.8K07/230.17 mi54, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QS3
£136K11/200.17 mi40, Simonside Road, Sunderland, Tyne And Wear SR3 4EW3
£105K02/210.18 mi18, Simonside Road, Sunderland, Tyne And Wear SR3 4EP3
£118K12/200.2 mi84, Sunningdale Road, Sunderland, Tyne And Wear SR3 4ES3
£306K06/210.22 mi17, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ3
£130K04/230.22 mi25, Shoreham Square, Sunderland, Tyne And Wear SR3 4DP3
£155K02/210.23 mi8, Southmayne Road, Sunderland, Tyne And Wear SR4 8NF3
£185K01/230.25 mi15, Norway Avenue, Sunderland, Tyne And Wear SR4 8QW3
£137K03/230.27 mi8, Shaftoe Road, Sunderland, Tyne And Wear SR3 4HA3
£145K01/210.28 mi30, Nookside, Sunderland, Tyne And Wear SR4 8ND3
£225K04/220.28 mi1, Kincross Close, Sunderland, Tyne And Wear SR4 8RU3
£200K10/230.3 mi12, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£204K09/230.3 mi18, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£169.9K12/200.31 mi21, Glenleigh Drive, Sunderland, Tyne And Wear SR4 9HA3
£210K01/230.31 mi5, Winston Crescent, Sunderland, Tyne And Wear SR4 8RH3
£115K04/210.33 mi37, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£145K07/230.33 mi49, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£75K05/230.34 mi17, Goole Road, Sunderland, Tyne And Wear SR4 8HT3
£112.5K03/230.34 mi1, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JG3
£170K05/210.35 mi39, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£209.9K04/240.35 mi33, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£180K10/230.37 mi11, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3
£185K08/210.37 mi18, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3
£140K08/230.37 mi32, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3
£120K06/230.39 mi69, Hexham Road, Sunderland, Tyne And Wear SR4 8BW3
£299.9K03/240.39 mi2, Woodville Crescent, Sunderland, Tyne And Wear SR4 8RD3
£175K08/230.4 mi16, Grindon Park, Sunderland, Tyne And Wear SR4 8HQ3
£119K10/230.41 mi5, Gainsborough Road, Sunderland, Tyne And Wear SR4 8HU3
£91K04/210.41 mi4, Hexham Road, Sunderland, Tyne And Wear SR4 8BN3
£167.3K12/200.42 mi40, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£218K07/230.42 mi11, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£107.1K06/210.44 mi79, Holborn Road, Sunderland, Tyne And Wear SR4 8BL3
£91.5K08/210.45 mi72, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BP3
£80K08/210.46 mi18, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS3
£140K02/210.48 mi24, Helmsdale Road, Sunderland, Tyne And Wear SR4 8BZ3
£130K06/210.49 mi18, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£120.5K07/210.49 mi7, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£110K02/230.5 mi60, Purley Road, Sunderland, Tyne And Wear SR3 1RF3
£110K07/210.5 mi62, Scruton Avenue, Sunderland, Tyne And Wear SR3 1SG3
£140K03/230.51 mi39, Henley Road, Sunderland, Tyne And Wear SR4 8AS3
£70K04/210.52 mi55, Polmuir Road, Sunderland, Tyne And Wear SR3 1QF3
£96K02/230.52 mi5, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3
£74K04/230.52 mi100, Primate Road, Sunderland, Tyne And Wear SR3 1RJ3
£105K02/210.52 mi76, Gillingham Road, Sunderland, Tyne And Wear SR4 8LD3
£72K02/210.53 mi65, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3

Local Rents

17 rents from £700/mo to £2.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£78511/240.25 mi-3
£82503/250.25 mi-3
£89504/250.28 mi-3
£85009/240.33 mi-3
£85009/240.33 miGoole Road, Sunderland, SR43
£2,35003/250.35 mi-3
£1,35002/250.35 mi-3
£75009/240.49 miGleneagles Road, Grindon, Sunderland3
£72509/240.51 mi1 Paisley Square, Sunderland3
£85004/250.53 mi-3
£91503/250.54 mi-3
£87509/240.55 miHevingham Close, Havelock Park, Sunderland, Tyne and Wear, SR43
£1,95009/240.6 mi-3
£1,95001/250.6 mi-3
£2,30004/250.6 mi-3
£75009/240.61 miPlains Road, Plains Farm, Sunderland , SR33
£70009/240.62 mi-3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

0.84 miles away

Nearest school

0.20 miles away

Nearest train station

1.19 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £159,995

February 12, 2025

Description

  • IMPRESSIVE 3 BED + FABULOUS LOFT ROOM +
  • LOFT ROOM ACCESSED BY FIXED STAIRCASE +
  • BEAUTIFULLY PRESENTED INTERIOR +
  • EPC RATING +
  • LARGE KITCHEN/DINING ROOM +
  • SEPARATE UTILITY & WC +
  • SOUGHT AFTER SPRINGWELL +

IMPRESSIVE 3 BED + FABULOUS LOFT ROOM - LOFT ROOM ACCESSED BY FIXED STAIRCASE - BEAUTIFULLY PRESENTED INTERIOR - LARGE KITCHEN/DINING ROOM - SEPARATE UTILITY & WC - SOUGHT AFTER SPRINGWELL …
Good Life Homes are delighted to bring to the market an exceptional home in Springwell offering 3 double bedrooms, a family bathroom plus a fixed staircase leading to a double loft room with full electrics, radiator and roof windows offering versatile space. On the ground floor, there’s a spacious lounge, large impressive kitchen dining room, separate utility and wc. To the rear there’s a smaller, easy to maintain garden with a lovely sunny aspect.
Unreservedly recommended, 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 - IMPRESSIVE 3 BED + FABULOUS LOFT ROOM - LOFT ROOM ACCESSED BY FIXED STAIRCASE - BEAUTIFULLY PRESENTED INTERIOR - LARGE KITCHEN/DINING ROOM - SEPARATE UTILITY & WC - SOUGHT AFTER SPRINGWELL …

Entrance Hall - Laminate wood-effect flooring, carpeted stairs to first floor landing, radiator behind cover, partially-glazed door leading to lounge.

Lounge - 4.75m x 3.40m (15'7 x 11'2) - Laminate wood-effect flooring, front facing white uPVC double-glazed bow window, feature fire surround with built in fire. Partially-glazed door leading off to dining room. This is a lovely size family lounge.

Dining Kitchen - 6.71m x 3.05m (22'0 x 10'0) - A Fabulous space extended to the rear of the property. The dining kitchen has laminate tile effect flooring, large double radiator, stylish modern fitted kitchen with a range of wall and floor units in a light finish with wood-effect laminate work surfaces, stainless steel sink with dual bowl, single drainer and monobloc tap situated below a white uPVC double-glazed window which looks out onto the rear garden. Integrated electric oven, 4 ring gas hob and space for a tall fridge/freezer. At one end of the kitchen is a natural dining area with white uPVC double-glazed doors leading out tor ear patio and garden. This is a Lovely room. Door leading off to separate utility.

Utility - 2.54m x 1.88m (8'4 x 6'2) - Vinyl wood-effect flooring, rear facing white uPVC double-glazed window, wall mounted combi boiler. Laminate wood-effect work surface with space and plumbing for washing machine beneath and other appliances, if required. Internal door leading off to WC.

Wc - 2.18m x 1.91m (7'2 x 6'3) - Large room which could also be used for additional storage.
Vinyl wood-effect flooring, sink with single pedestal and chrome tap, toilet with low level cistern. Side facing white uPVC double-glazed window with privacy glass. The ceiling is finished in uPVC cladding.

First Floor Landing - Side facing white uPVC double-glazed window, 4 doors leading off, 3 to bedrooms and 1 to bathroom.

Bathroom - 2.31m x 1.68m (7'7 x 5'6) - Vinyl wood-effect flooring, double radiator, rear facing white uPVC double-glazed window with privacy glass. Sink with single pedestal and chrome tap, toilet with low level cistern, baht with panel, chrome taps and glass shower screen over with electric shower. The walls around the bath area are finished in tile effect uPVC cladding and recessed lights to ceiling.

Bedroom 1 - 4.27m x 2.87m (14'0 x 9'5) - Good size double situated at rear of the house.
Carpet flooring, radiator, rear facing white uPVC double-glazed window. Built in cupboard providing some storage plus ample space for wardrobes if required.

Bedroom 2 - 3.35m x 2.74m (11'0 x 9'0) - This is also a good size double bedroom.

Carpet flooring, radiator, front facing white uPVC double-glazed window. Built in cupboard providing some storage plus ample space for wardrobes if required.

Bedroom 3 - 2.92m x 2.69m (9'7 x 8'10) - This is also a double bedroom.
Carpet flooring, double radiator, front facing white uPVC double-glazed window. To the rear of the bedroom is a fixed staircase which leads to a large loft room.

Loft Room - 6.71m x 4.19m (22'0 x 13'9) - Measurements taken at widest points.

Carpet flooring, double radiator, 3 sets of double glazed wooden framed roof windows. Large built in cupboard providing a good degree of storage and hanging space. This is a terrific room which clearly offers versatile use as can be seen from the photographs.

Externally - The property enjoys a prominent position at the start of somerset road with well maintained lawn to the front and paving leading to recent GRP double-glazed front door.

The property benefits from a south/ south east rear garden which means it enjoys sunshine for the majority of the day particularly morning and afternoon and enjoys a sheltered position with large paved patio area and steps down leading down to a small area of lawn.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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