6 Bed HMO, Sunderland, SR4 7EG, £125,000

St. Marks Road, Sunderland, SR4 7EG - 27 views - a month ago

HMO
ROI: 26%
~186 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Room Rate

£375

Gross Rent

£2,250

Running Costs/mo

£1,455

Cashflow/mo

£795

Cashflow/yr

£9,540

ROI

26%

Gross Yield

22%













Property History

Listed for £125,000

February 14, 2025

Description

  • Large Family home +
  • Good Location +
  • Development opportunity +
  • Investment Property +

My property box are delighted to welcome to the market this six bedroom mid terraced house on St Marks Road, Sunderland. It is located within close proximity to Sunderland University with good transport and road links in and out of the City Centre. Sunderland Hospital, Barns Park and local shops are also close by and public schools within a short distance by car. The property comprises: of 2 well sized bedrooms on the ground floor, which could be used as further lounging rooms, a large living and a ample sized kitchen. Moving upstairs there are a further 3 good sized bedrooms and a well situated bathroom to accommodate.
The property could have scope for a developer to develop into a good sized HMO STP.
* PREVIOUSLY RENTED AT £900.00 PCM & WILL BE AVAILABLE VACANT POSSESSION* COUNCIL TAX BAND B * EPC RATNG D *
Reception 1

Kitchen

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Bedroom 6

Bathroom

In accordance with the Property Misdescriptions ACT (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

My Property Box, Jesmond

0191 743 9031

Next Steps?

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