2 Bed Bungalow, Single Let, Sunderland, SR4 7DY, £90,000

Houghton Street, Sunderland, SR4 7DY - 1 views - 2 months ago

BTL
ROI: 6%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£45.5K - £133K
Sold Prices/m²£613/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£77,073

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£475 - £1,995

Rent Estimate

£551

Running Costs/mo

£411

Cashflow/mo

£140

Cashflow/yr

£1,675

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £45.5K to £133K, average is £80K. £613/m² to £2.4K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£53K02/210 mi4, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£66K01/210 mi1, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£63K02/240 mi27, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£53K02/210.05 mi5, Offerton Street, Sunderland, Tyne And Wear SR4 7EA2
£60K05/210.06 mi12, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£59.5K10/200.06 mi32, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£55K01/240.06 mi22, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£68K02/210.07 mi69, Hylton Street, Sunderland, Tyne And Wear SR4 7DG2
£74K01/240.1 mi1, Rokeby Street, Sunderland, Tyne And Wear SR4 7EQ2
£65K05/210.15 mi32, Chester Terrace North, Sunderland, Tyne And Wear SR4 7AP2
£71.5K10/210.16 mi39, Chester Mews, Sunderland, Tyne And Wear SR4 7HX2
£90K10/230.18 mi23, Howarth Street, Sunderland, Tyne And Wear SR4 7UT2
£90K04/240.19 mi23, Harlow Street, Sunderland, Tyne And Wear SR4 7AR2
£86K03/220.2 mi8, Chester Crescent, Sunderland, Tyne And Wear SR1 3SH2
£86K09/230.21 mi13, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£93.6K09/210.21 mi10, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£110K07/220.22 mi15, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£92K08/230.23 mi28, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£121K06/230.23 mi23, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£92K08/230.23 mi3, Vale Street, Sunderland, Tyne And Wear SR4 7NB2
£105K09/230.24 mi12, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£105K09/230.24 mi11, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£75K12/210.24 mi28, Franklin Street, Sunderland, Tyne And Wear SR4 6EX2
£45.5K03/210.25 mi14, Ailesbury Street, Sunderland, Tyne And Wear SR4 6EW2
£96K05/210.25 mi22, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF2
£80K08/210.26 mi8, Franklin Street, Sunderland, Tyne And Wear SR4 6EX2
£80K02/210.27 mi3, Beachville Street, Sunderland, Tyne And Wear SR4 7NA2
£75K02/210.27 mi30, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£65K06/230.27 mi33, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£62.5K12/200.27 mi28, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£123K06/230.28 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£78K12/200.28 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£60.5K02/230.28 mi31, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£97K05/230.28 mi12, Hume Street, Sunderland, Tyne And Wear SR4 6HU2
£70K10/220.31 mi10, Wharncliffe Street, Sunderland, Tyne And Wear SR1 3RG2
£120K11/230.32 mi28, Queens Crescent, Sunderland, Tyne And Wear SR4 7JN2
£80K02/210.32 mi7, Walpole Court, Sunderland, Tyne And Wear SR4 6JH2
£95K08/210.33 mi115, Flint Road, Sunderland, Tyne And Wear SR4 6EG2
£129.5K08/210.33 mi9, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ2
£64.6K01/210.35 mi34, Milburn Street, Sunderland, Tyne And Wear SR4 6AX2
£112.5K05/230.35 mi13, Greta Terrace, Sunderland, Tyne And Wear SR4 7RD2
£74K01/240.36 mi11, Dryborough Street, Sunderland, Tyne And Wear SR4 6BL2
£69K05/220.36 mi25, Gillhurst Grange, Sunderland, Tyne And Wear SR1 3QN2
£76K11/230.37 mi10, Violet Street, Sunderland, Tyne And Wear SR4 6AE2
£46K01/230.38 mi2, Kings Terrace, Sunderland, Tyne And Wear SR4 6HW2
£133K08/230.38 mi23, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£120K05/230.38 mi29, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£130K08/210.38 mi20, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£115K12/200.38 mi2, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£106K09/230.38 mi58, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ2

Local Rents

37 rents from £475/mo to £2K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£77503/250.14 mi-2
£65009/240.17 miChester Terrace North, Sunderland, Tyne and Wear, SR42
£79509/240.2 mi-2
£60010/230.22 mi-2
£52509/240.26 miPickard Street, Millfield, Sunderland2
£67509/240.27 mi-2
£59501/250.3 mi-2
£75009/240.3 miSummerhill, Thornhill, Sunderland, SR22
£75003/250.32 mi-2
£75009/240.33 mi-2
£75002/250.33 mi-2
£68511/240.35 mi-2
£68511/240.35 mi-2
£1,99501/250.36 mi-2
£85009/240.36 mi-2
£75009/240.37 miLeopold House, Albert Court, Sunderland, SR22
£65009/240.38 miKings Terrace, Sunderland, Tyne and Wear, SR42
£69509/240.38 miAlbert Court, Royal Courts, Sunderland2
£65008/240.4 mi-2
£75008/240.43 mi-2
£75012/240.47 mi-2
£67509/240.48 miPallion Road, Sunderland, Tyne And Wear, SR42
£65009/240.48 miHighfield Place, Pallion, Sunderland2
£59509/240.49 mi-2
£57503/250.5 mi-2
£71501/250.52 mi-2
£85003/250.52 mi-2
£80010/240.52 mi-2
£47509/240.53 mi-2
£49503/250.53 mi-2
£1,10002/250.54 mi-2
£62503/250.57 mi-2
£87512/240.59 mi-2
£70009/240.6 mi-2
£70010/240.6 mi-2
£59502/250.6 mi-2
£70009/240.61 miThornhill Gardens, Ashbrooke, Sunderland, SR22

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.69 miles away

Nearest school

0.40 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £90,000

February 18, 2025

Floor Plans

Description

  • 2 bedroom cottage +
  • Well presented +
  • no chain +
  • recently renovated +

Recently renovated and well presented two bedroom cottage in the popular residential area of Millfield, Sunderland. With no chain, two good sized bedrooms and a rear yard this property will suit a range of buyers. Briefly comprising; Entrance hallway, bedroom, living room, kitchen and bathroom on the ground floor. On the first floor there is a bedroom and a WC. Externally there is a rear yard.

EPC Rating: D

Agent Details

bedebrooke, Sunderland

0191 607 6971

Next Steps?

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