3 Bed Terraced House, Single Let, Sunderland, SR2 7BU, £140,000

Lorne Terrace, Ashbrooke, Sunderland, Tyne and Wear, SR2 7BU - 2 months ago

Auction
BTL
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£33.5K - £289K
Sold Prices/m²£284/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£115,510

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£475 - £3,500

Rent Estimate

£623

Running Costs/mo

£582

Cashflow/mo

£41

Cashflow/yr

£491

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £33.5K to £289K, average is £136.5K. £284/m² to £2.6K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£110K11/210.01 mi4, Briery Vale Close, Sunderland, Tyne And Wear SR2 7HY3
£80K03/230.03 mi12, Briery Vale Road, Sunderland, Tyne And Wear SR2 7HE3
£125K04/230.09 mi28, Ennerdale, Sunderland, Tyne And Wear SR2 7HR3
£160K08/210.09 mi24, Ennerdale, Sunderland, Tyne And Wear SR2 7HR3
£177.9K05/230.09 mi21, Ennerdale, Sunderland, Tyne And Wear SR2 7HR3
£165K03/210.12 mi7, Ashmore Street, Sunderland, Tyne And Wear SR2 7DD3
£182.5K08/230.12 mi7, Ashmore Street, Sunderland, Tyne And Wear SR2 7DD3
£144K07/210.13 mi11, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP3
£115K07/230.2 mi6, St Georges Way, Sunderland, Tyne And Wear SR2 7BW3
£199.9K12/200.23 miHolmlands House, Tunstall Road, Sunderland, Tyne And Wear SR2 7RR3
£116.5K01/210.24 mi19, Alice Street, Sunderland, Tyne And Wear SR2 7AL3
£82.5K02/210.24 mi2, Alice Street, Sunderland, Tyne And Wear SR2 7AL3
£189K12/220.27 mi68, Belle Vue Park West, Sunderland, Tyne And Wear SR2 7SB3
£268K04/230.27 mi3, Corby Gate, Sunderland, Tyne And Wear SR2 7JB3
£284K11/200.27 mi1, Corby Gate, Sunderland, Tyne And Wear SR2 7JB3
£195K12/200.29 mi24, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY3
£230K12/200.29 mi15, Beechwood Terrace, Sunderland, Tyne And Wear SR2 7LY3
£197.5K10/200.3 mi12, Belle Vue Road, Sunderland, Tyne And Wear SR2 7SQ3
£220K03/210.33 mi40, Ashwood Terrace, Sunderland, Tyne And Wear SR2 7NB3
£239.9K08/230.38 mi24, Tunstall Park, Sunderland, Tyne And Wear SR2 7SJ3
£180K06/230.39 mi20, Otto Terrace, Sunderland, Tyne And Wear SR2 7LW3
£289K08/210.42 mi1, Alexandra Park, Sunderland, Tyne And Wear SR3 1XJ3
£110K02/230.43 mi5, St Vincent Street, Sunderland, Tyne And Wear SR2 8EU3
£130K01/230.45 mi2, Ivanhoe Crescent, Sunderland, Tyne And Wear SR2 7QE3
£71K04/210.47 mi6, The Knoll, Sunderland, Tyne And Wear SR2 7PL3
£110K05/230.47 mi12, Cedric Crescent, Sunderland, Tyne And Wear SR2 7QP3
£133K07/230.47 mi6, Cedric Crescent, Sunderland, Tyne And Wear SR2 7QP3
£245K02/230.48 mi5, Lambourne Road, Sunderland, Tyne And Wear SR2 9BX3
£181K04/230.5 mi4, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LP3
£155K12/230.5 mi66, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW3
£140K02/210.5 mi71, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW3
£75K10/200.52 mi16, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£33.5K07/230.52 mi36, Thelma Street, Sunderland, Tyne And Wear SR4 7HA3
£123.2K02/240.53 mi36, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LE3
£110K07/210.53 mi27, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LE3
£82.5K07/230.53 mi25, Hutton Street, Sunderland, Tyne And Wear SR4 7HB3
£90K06/230.53 mi12, Vale Street, Sunderland, Tyne And Wear SR4 7NB3
£111K04/240.54 mi12, Fernville Street, Sunderland, Tyne And Wear SR4 7LX3
£75K06/210.54 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£64K06/210.54 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£80K04/210.54 mi7, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£88K04/210.54 mi23, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£64K06/210.54 mi1, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£75K06/210.54 mi26, Rosedale Street, Sunderland, Tyne And Wear SR1 3RW3
£130K02/210.55 mi49a, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LF3
£160K09/230.55 mi49a, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LF3
£165K02/240.55 mi19, Ranson Street, Sunderland, Tyne And Wear SR4 7LG3
£215K12/200.56 mi6, Audley Gardens, Sunderland, Tyne And Wear SR3 1XR3
£256K04/210.56 mi10, Loughborough Avenue, Sunderland, Tyne And Wear SR2 9AT3
£170K02/230.57 mi2, Pendle Green, Sunderland, Tyne And Wear SR4 7NU3

Local Rents

46 rents from £475/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£78009/240.1 mi-3
£78003/250.1 mi-3
£97509/240.18 miCresswell Terrace, Sunderland3
£90009/240.2 miThornlea Court, Thornhill, Sunderland, SR23
£95003/250.2 mi-3
£3,50003/250.23 mi-3
£82509/240.4 mi-3
£80009/240.53 miHurstwood Road, High Barnes, Sunderland3
£1,40009/240.61 miFawcett Street Student Accommodation, City Centre, SUNDERLAND, SR13
£90003/250.63 mi-3
£59003/250.64 mi-3
£1,40009/240.65 miFawcett Street, City Centre, Sunderland, SR13
£1,40009/240.65 miStudent Accommodation @ Fawcett Street, City Centre, Sunderland, SR13
£3,50003/250.67 mi-3
£87502/250.71 mi-3
£65009/240.71 mi-3
£59501/250.71 mi-3
£65001/250.71 mi-3
£65009/240.71 miSaint Leonard Street, Sunderland, SR23
£87511/240.72 mi-3
£1,35009/240.72 miRidgeway Crescent, Ashbrooke3
£87509/240.73 miGeneral Graham Street, Sunderland3
£85009/240.77 mi-3
£1,43009/240.77 miEcho Building, City Centre, Sunderland, SR13
£95009/240.78 miLeechmere Road, Tunstall, Sunderland3
£73003/250.79 mi-3
£79501/250.84 mi-3
£80011/230.86 mi-3
£85012/240.86 mi-3
£85003/250.86 mi-3
£72509/240.88 miCromwell Street, Sunderland, SR43
£47509/240.88 miHigh Street East, Sunderland, Tyne And Wear, SR13
£75009/240.93 miRiver View, Tyne and Wear, Low Street, Sunderland, SR13
£3,50003/250.93 mi-3
£70009/240.94 miBlackett Terrace, Millfield, Sunderland3
£70012/240.96 mi-3
£1,00009/241.01 miMount Road, High Barnes, Sunderland3
£75003/251.04 mi-3
£1,95009/241.08 mi-3
£1,95001/251.08 mi-3
£2,30004/251.08 mi-3
£2,50003/251.15 mi-3
£85009/241.2 miGrange Street South, Sunderland, Tyne and Wear, SR23
£89509/241.22 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3
£75003/251.24 mi-3
£70009/241.24 miOswald Terrace, Grangetown, Sunderland3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

1.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £140,000

February 19, 2025

Floor Plans

Description

  • For Sale Via Online Auction +
  • Close to City Centre +
  • 3 Bedrooms +
  • 2 Bathrooms +
  • Great location +

We are please to offer this 3-Bedroom terrace property situated in the ever-popular Ashbrooke area of Sunderland, being sold with vacant possession.

Within close, walking distance proximity to the City Centre, the University’s City Campus, Park Lane interchange and all major transport links, this property will appeal a wide range of buyers.

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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