2 Bed Semi-Detached House, Single Let, Sunderland, SR4 9QN, £105,000

Gleneagles Road, Grindon, Sunderland, SR4 9QN - 2 views - 2 months ago

Sold STC
BTL
ROI: 6%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£62.5K - £235K
Sold Prices/m²£977/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£108,467
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£625

Running Costs/mo

£473

Cashflow/mo

£152

Cashflow/yr

£1,823

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £62.5K to £235K, average is £105K. £977/m² to £4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£100K12/210.04 mi6, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£90K01/210.04 mi23, Glencoe Square, Sunderland, Tyne And Wear SR4 9QR2
£95K06/230.04 mi15, Gartland Road, Sunderland, Tyne And Wear SR4 9QL2
£105K02/230.13 mi20, Gardiner Square, Sunderland, Tyne And Wear SR4 9PR2
£120.5K03/210.16 mi18, Brockenhurst Drive, Sunderland, Tyne And Wear SR4 9NT2
£77K04/210.17 mi17, Greenwood Road, Sunderland, Tyne And Wear SR4 8JR2
£87.5K12/220.17 mi38, Goodwood Road, Sunderland, Tyne And Wear SR4 9QA2
£75K10/230.17 mi22, Greenshields Road, Sunderland, Tyne And Wear SR4 9RF2
£93K01/210.2 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£98.6K03/240.2 mi7, Galway Square, Sunderland, Tyne And Wear SR4 8JY2
£210K10/210.21 mi17, Hillingdon Grove, Sunderland, Tyne And Wear SR4 9NX2
£179.9K02/230.25 mi15, Kirkwood Avenue, Sunderland, Tyne And Wear SR4 9NE2
£156K09/230.26 mi36, Kirkwood Avenue, Sunderland, Tyne And Wear SR4 9NE2
£95K02/210.27 mi11, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£110K11/230.27 mi6, Geddes Road, Sunderland, Tyne And Wear SR4 8JW2
£92K11/230.28 mi73, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£95K11/200.28 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£105K01/240.28 mi57, Gillingham Road, Sunderland, Tyne And Wear SR4 8LB2
£127.4K10/200.28 mi18, Gillingham Road, Sunderland, Tyne And Wear SR4 8LD2
£62.5K11/200.29 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£62.5K11/200.29 mi78, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JE2
£185K01/230.3 mi20, Bramley Close, Sunderland, Tyne And Wear SR4 9LZ2
£98K12/220.3 mi96, Galashiels Road, Sunderland, Tyne And Wear SR4 8JL2
£148.8K01/210.3 mi24, Bramley Close, Sunderland, Tyne And Wear SR4 9LZ2
£170K08/230.3 mi62, North Farm Avenue, Sunderland, Tyne And Wear SR4 9SD2
£95K09/230.31 mi22, Gainsborough Square, Sunderland, Tyne And Wear SR4 8HZ2
£155K04/240.32 mi31, Lynwood Avenue, Sunderland, Tyne And Wear SR4 9NL2
£140K12/230.32 mi10, Lynwood Avenue, Sunderland, Tyne And Wear SR4 9NL2
£71K10/210.32 mi38, Prestbury Road, Sunderland, Tyne And Wear SR4 9DX2
£85K01/210.32 mi87, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JF2
£165K12/210.33 mi155, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£171K05/230.33 mi173, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£155K05/230.33 mi149, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NF2
£155K01/210.36 mi143, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NQ2
£235K06/230.36 mi143, Sevenoaks Drive, Sunderland, Tyne And Wear SR4 9NQ2
£80K03/210.36 mi40, Gairloch Road, Sunderland, Tyne And Wear SR4 8HX2
£160K04/240.36 mi33, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£150K10/200.36 mi5, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£174K02/210.36 mi10, Marlborough Road, Sunderland, Tyne And Wear SR4 9NG2
£164K02/240.39 mi5, Kingswood Grove, Sunderland, Tyne And Wear SR4 9NJ2
£85K11/200.43 mi17, Galsworthy Road, Sunderland, Tyne And Wear SR4 8JQ2
£100K10/230.52 mi193, Grindon Lane, Sunderland, Tyne And Wear SR4 8HS2
£95K03/230.54 mi8, The Greenway, Sunderland, Tyne And Wear SR4 8PF2
£90K10/210.54 mi34, Pennywell Road, Sunderland, Tyne And Wear SR4 9HX2
£220K11/230.56 mi5, Glamis Avenue, Sunderland, Tyne And Wear SR4 8PB2
£146K07/230.56 mi8, Glamis Avenue, Sunderland, Tyne And Wear SR4 8PB2
£160K02/230.6 mi111, The Broadway, Sunderland, Tyne And Wear SR4 8PA2
£135K04/210.62 mi17, Nookside, Sunderland, Tyne And Wear SR4 8PH2
£75K02/230.68 mi42, Portsmouth Square, Sunderland, Tyne And Wear SR4 9AY2
£87K12/210.68 mi24, Portsmouth Square, Sunderland, Tyne And Wear SR4 9AY2

Local Rents

23 rents from £525/mo to £995/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£52509/240.14 mi-2
£65009/240.24 mi-2
£69509/230.4 mi-2
£75010/230.45 mi-2
£67503/250.74 mi-2
£75009/240.75 miNairn Close, The Broadway, SUNDERLAND, SR42
£75009/240.76 mi-2
£65009/240.76 mi-2
£69509/240.82 mi-2
£96011/240.84 mi-2
£72509/240.89 miHawkesley Road, Sunderland, SR42
£70009/240.92 miHolborn Road, Hylton Lane, Sunderland, Tyne and Wear, SR4 8AR2
£65002/250.98 mi-2
£69509/241 miArundel Road, Sunderland, Tyne and Wear, SR3 3JW2
£62509/241.05 mi-2
£65007/241.07 mi-2
£65012/241.07 mi-2
£65003/241.1 mi-2
£99509/241.12 miWimbourne Avenue, High Barnes, Sunderland2
£95009/241.14 miWimbourne Avenue, High Barnes2
£62509/241.14 miAlnwick Road, Sunderland2
£72503/251.21 mi-2
£59509/241.23 miAllendale Road, Farringdon, Sunderland2

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

1.48 miles away

Nearest school

0.10 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £105,000

February 25, 2025

Description

  • Larger Style Semi Detached Home +
  • Well Presented Throughout +
  • 2 Double Bedrooms +
  • Modern Fitted Kitchen +
  • Delightful Generous Rear Gardens +
  • Popular and Convenient Location +
  • Perfect for FTBs and Families +
  • Easy Access to the A19 and City Centre +
  • Easy Reach of Many Local Amenities +
  • Viewing Highly Recommended +

A well presented, larger style two bedroom, two reception room semi-detached house, situated within this ever popular area of Grindon.  Internally the attractive accommodation on the ground floor includes a hall with staircase to the first floor, lounge, dining room and a modern kitchen whilst to the first floor there are two well-proportioned bedrooms and a bathroom/wc.  Externally there are gardens to the front and rear.  Benefits of the property include double glazed windows, gas central heating to radiators and solar panels (we have been advised that these are on a lease agreement).  This convenient location is ideally placed for local amenities, shops and schools as well as providing connections to surrounding areas and major road including the A19. We highly advise early viewing.

Ground Floor - Access via double glazed entrance door.

Entrance Hall - Double glazed window to side and radiator.

Lounge - 3.65 x 2.98 (11'11" x 9'9") - Double glazed window to front, radiator and the room opens through into dining room.

Dining Room - 2.41 x 2.64 (7'10" x 8'7") - Double glazed door to rear, radiator and door to kitchen.

Kitchen - 2.86 x 2.46 (9'4" x 8'0") - Modern fitted wall and base units with work surfaces over incorporating sink and drainer unit, integrated appliances include an oven and hob, space for fridge freezer and washing machine, radiator, double glazed door rear.

First Floor Landing - Double glazed window to side.

Bedroom 1 - 4.34 x 3.02 max including fitted robes (14'2" x 9' - Double glazed window to front, radiator and fitted sliding door wardrobes.

Bedroom 2 - 3.14 x 3.19 max including fitted robes (10'3" x 10 - Double glazed window to rear, radiator and fitted wardrobes.

Bathroom - Low level WC, pedestal washbasin and panel bath with electric shower over, radiator and double glazed window.

Outside - Garden to the front and a generous garden to the rear with paving and decked areas. Useful brick built store.

Council Tax Band - The Council Tax Band is Band A.

Tenure Freehold - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor.

Important Notice - Particulars - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:-
The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract. Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information. Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor. The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £210.00 by Movewithus Ltd.

Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk

Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon

Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.

Solar Panels - We have been advised the solar panels are on a lease term of 25 years from 3/4/2014. Any prospective purchaser should clarify this with their Solicitor.

Agent Details

Peter Heron Residential Sales and Lettings, Sunderland

0191 625 1058

Next Steps?

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