2 Bed Terraced House, Single Let, Sunderland, SR5 2EJ, £70,000

Darwin Street, Sunderland, SR5 2EJ - 1 views - 2 months ago

Under Offer
BTL
ROI: 9%
~68 m²
+2 photos

ValuationFair Value

Sold Prices£33.5K - £135K
Sold Prices/m²£534/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£71,300

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£475 - £995

Rent Estimate

£500

Running Costs/mo

£339

Cashflow/mo

£161

Cashflow/yr

£1,935

ROI

9%

Gross Yield

9%

Local Sold Prices

51 sold prices from £33.5K to £135K, average is £75K. £534/m² to £2.2K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£63K11/200.02 mi46, Darwin Street, Sunderland, Tyne And Wear SR5 2EJ2
£73K06/210.02 mi38, Darwin Street, Sunderland, Tyne And Wear SR5 2EJ2
£120K07/230.02 mi15, Darwin Street, Sunderland, Tyne And Wear SR5 2EJ2
£90K02/240.02 mi55, Darwin Street, Sunderland, Tyne And Wear SR5 2EJ2
£60K08/210.02 mi51, Freda Street, Sunderland, Tyne And Wear SR5 2EF2
£82.5K06/210.02 mi39, Freda Street, Sunderland, Tyne And Wear SR5 2EF2
£100K02/230.02 mi10, Freda Street, Sunderland, Tyne And Wear SR5 2EF2
£83K09/230.06 mi8, Park Row, Sunderland, Tyne And Wear SR5 2EE2
£63.5K03/210.09 mi21, Florence Crescent, Sunderland, Tyne And Wear SR5 2EH2
£40K12/230.09 mi40, Florence Crescent, Sunderland, Tyne And Wear SR5 2EH2
£75K03/210.17 mi10, Northern Way, Sunderland, Tyne And Wear SR5 2DZ2
£77K03/230.28 mi1, Kingsley Close, Sunderland, Tyne And Wear SR5 2AP2
£70K03/230.28 mi20, Kismet Street, Sunderland, Tyne And Wear SR5 2LG2
£36K06/210.31 mi8, Kipling Street, Sunderland, Tyne And Wear SR5 2AT2
£95K01/210.34 mi35, Hayton Close, Sunderland, Tyne And Wear SR5 2BU2
£39.5K12/230.49 mi41, Morgan Street, Sunderland, Tyne And Wear SR5 2HN2
£75K12/220.51 mi16, Radcliffe Road, Sunderland, Tyne And Wear SR5 5RG2
£75K01/210.52 mi91, James Armitage Street, Sunderland, Tyne And Wear SR5 2SA2
£59K03/210.52 mi63, James Armitage Street, Sunderland, Tyne And Wear SR5 2SA2
£59K09/230.52 mi90, James Armitage Street, Sunderland, Tyne And Wear SR5 2SA2
£77K12/230.52 mi83, James Armitage Street, Sunderland, Tyne And Wear SR5 2SA2
£135K12/230.54 mi12, Edinburgh Square, Sunderland, Tyne And Wear SR5 2RF2
£65K02/240.57 mi17, Carley Road, Sunderland, Tyne And Wear SR5 2RN2
£77.8K04/210.61 mi85, Raleigh Road, Sunderland, Tyne And Wear SR5 5RB2
£53K10/200.62 mi24, Frank Street, Sunderland, Tyne And Wear SR5 1SB2
£40K05/230.62 mi13, Frank Street, Sunderland, Tyne And Wear SR5 1SB2
£40K05/230.62 mi13, Frank Street, Sunderland, Tyne And Wear SR5 1SB2
£85K03/230.63 mi17, Raleigh Road, Sunderland, Tyne And Wear SR5 5RD2
£100K04/230.63 mi34, Raleigh Road, Sunderland, Tyne And Wear SR5 5RD2
£87.5K11/200.64 mi5, Helmsley Court, Sunderland, Tyne And Wear SR5 5HH2
£68.5K11/200.64 mi15, Redcar Road, Sunderland, Tyne And Wear SR5 5PZ2
£95K04/210.65 mi2, Renfrew Road, Sunderland, Tyne And Wear SR5 5PT2
£127.5K09/230.67 mi19, Middleham Court, Sunderland, Tyne And Wear SR5 5HQ2
£130K09/230.68 mi9, Rosyth Square, Sunderland, Tyne And Wear SR5 5LD2
£92K12/200.68 mi83, Renfrew Road, Sunderland, Tyne And Wear SR5 5PS2
£87K02/210.68 mi102, Renfrew Road, Sunderland, Tyne And Wear SR5 5PS2
£85K11/200.69 mi23, Pallion Park, Sunderland, Tyne And Wear SR4 6QE2
£33.5K12/200.69 mi46, Ancona Street, Sunderland, Tyne And Wear SR4 6TL2
£56.5K03/210.69 mi44, Winslow Close, Sunderland, Tyne And Wear SR5 5RZ2
£80K12/220.7 mi91, Renfrew Road, Sunderland, Tyne And Wear SR5 5PS2
£65K03/210.71 mi9, Swan Street, Sunderland, Tyne And Wear SR5 1HB2
£64K07/210.71 mi6, Swan Street, Sunderland, Tyne And Wear SR5 1HB2
£48K01/210.71 mi3, Enfield Street, Sunderland, Tyne And Wear SR4 6SE2
£70K08/230.72 mi63, Ancona Street, Sunderland, Tyne And Wear SR4 6TW2
£88K10/230.72 mi14, Roedean Road, Sunderland, Tyne And Wear SR5 5LQ2
£99.5K08/230.72 mi16, Rupert Square, Sunderland, Tyne And Wear SR5 5LG2
£102K05/230.73 mi56, Runnymede Road, Sunderland, Tyne And Wear SR5 5QD2
£83K08/230.73 mi57, Runnymede Road, Sunderland, Tyne And Wear SR5 5QD2
£68K04/210.74 mi111, Southwick Road, Sunderland, Tyne And Wear SR5 1HQ2
£47K11/200.74 mi63, Neville Road, Sunderland, Tyne And Wear SR4 6PU2
£65K10/210.74 mi75, Neville Road, Sunderland, Tyne And Wear SR4 6PU2

Local Rents

46 rents from £475/mo to £995/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£75009/240.02 miDarwin Street, Sunderland2
£57509/240.26 miKeats Avenue, Sunderland, Tyne And Wear, SR52
£67503/250.45 mi-2
£59509/240.56 miCarley Road, Sunderland, Tyne and Wear, SR5 2RP2
£59509/240.56 miCarley Road, Sunderland, Tyne and Wear, SR5 2RP2
£85509/240.57 miRawson Close, Sunderland, SR52
£85509/240.57 miRawson Close, Sunderland, SR52
£59509/240.59 miCarley Road, Southwick2
£75008/230.66 mi-2
£65006/230.67 mi-2
£75012/240.73 mi-2
£75007/240.77 mi-2
£75012/240.77 mi-2
£75002/250.77 mi-2
£59502/250.77 mi-2
£65009/240.77 miRoss Street, Sunderland2
£47509/240.78 mi-2
£49503/250.78 mi-2
£60010/230.79 mi-2
£57503/250.8 mi-2
£62503/250.8 mi-2
£75009/240.81 miSouthwick Road, Sunderland, Tyne and Wear, SR52
£75009/240.82 miEdwin Street, Sunderland, Tyne and Wear, SR42
£65009/240.82 miKings Terrace, Sunderland, Tyne and Wear, SR42
£65008/240.82 mi-2
£59509/240.83 mi-2
£59509/240.85 miRingwood Road, Redhouse, Sunderland2
£62509/240.9 miWarennes Street, Pallion, Sunderland2
£75003/250.9 mi-2
£52007/230.92 mi-2
£52509/240.94 miPickard Street, Millfield, Sunderland2
£67509/240.99 mi-2
£59501/251.02 mi-2
£67509/241.04 miPallion Road, Sunderland, Tyne And Wear, SR42
£75009/241.06 miRotherfield Square, Redhouse, Sunderland2
£75009/241.07 miRotherfield Square, Redhouse, Sunderland2
£65009/241.08 miHighfield Place, Pallion, Sunderland2
£77503/251.09 mi-2
£75009/241.09 mi-2
£65009/241.12 miChester Terrace North, Sunderland, Tyne and Wear, SR42
£79509/241.15 miMarina Avenue, Fulwell2
£60010/231.16 mi-2
£99509/241.17 miLaburnum Road, Sunderland, SR62
£95009/241.2 miAshberry Grove, Roker2
£62503/251.23 mi-2
£90009/241.24 miBonners Raff, Chandlers Road, SUNDERLAND, SR62

Local Area Statistics

Population in SR5

34,580

Population in Sunderland

183,740

Town centre distance

1.22 miles away

Nearest school

0.40 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £70,000

February 12, 2025

Floor Plans

Description

  • TWO BEDROOMS +
  • YARD TO THE REAR +
  • CURRENTLY LET AT £500PCM +
  • POPULAR LOCATION +
  • SPACIOUS FLOORPLAN +

Dowen welcome to the market this two-bedroom cottage in situated in the popular area of Southwick, Sunderland featuring an entrance hall, two bedrooms, lounge, kitchen, bathroom, and a rear yard. Within easy walking distance of Southwick Green shopping centre and central to the city centre, A19 and coast, this delightful property is sure to appeal to a wide range of buyers. The property is currently let at £500pcm making it a great investment! Viewings are recommended by contacting the office.

Agent Details

Dowen, Sunderland

0191 625 0868

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪