2 Bed Terraced House, Single Let, Sunderland, SR2 9RR, £65,000

Kitchener Terrace, Grangetown, Sunderland, SR2 9RR - 2 months ago

Sold STC
BTL
ROI: 10%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£30K - £182K
Sold Prices/m²£407/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£954/m²

Value Estimate

£79,867
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,450

Total Cash In

£20,700

 

 

Cash Out

 

Rent Range

£475 - £2,000

Rent Estimate

£485

Running Costs/mo

£320

Cashflow/mo

£165

Cashflow/yr

£1,979

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £30K to £182K, average is £107K. £407/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£73.5K01/210.06 mi25, Oxbridge Street, Sunderland, Tyne And Wear SR2 9NQ2
£75K06/210.08 mi14, Carnegie Street, Sunderland, Tyne And Wear SR2 9RL2
£115K12/210.15 mi56, Leechmere Road, Sunderland, Tyne And Wear SR2 9NE2
£88K06/230.17 mi52, Sea View Street, Sunderland, Tyne And Wear SR2 9QX2
£85K12/220.18 mi22, Ocean Road North, Sunderland, Tyne And Wear SR2 9QU2
£85K02/210.19 mi1, Grange Street South, Sunderland, Tyne And Wear SR2 9QS2
£75K06/210.2 mi18, Regent Terrace, Sunderland, Tyne And Wear SR2 9QN2
£132.5K06/230.23 mi7, Ayton Avenue, Sunderland, Tyne And Wear SR2 9SN2
£120K02/210.28 mi24, Irene Avenue, Sunderland, Tyne And Wear SR2 9SZ2
£165.8K08/210.29 mi7, Warnham Avenue, Sunderland, Tyne And Wear SR2 9PH2
£137.5K08/230.32 mi40, Joan Avenue, Sunderland, Tyne And Wear SR2 9TA2
£150K02/210.32 mi4, Winalot Avenue, Sunderland, Tyne And Wear SR2 9PL2
£128K06/230.36 mi3, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL2
£128K02/210.36 mi22, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL2
£113.4K05/210.36 mi3, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL2
£141.5K02/210.36 mi24, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL2
£128K02/210.36 mi22, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL2
£153K11/200.36 mi56, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PB2
£182K01/210.37 mi3, Romney Avenue, Sunderland, Tyne And Wear SR2 7UQ2
£120.7K11/200.4 mi3, Rainford Avenue, Sunderland, Tyne And Wear SR2 7UJ2
£115K07/230.41 mi11, Hereford Court, Sunderland, Tyne And Wear SR2 9LD2
£95K03/230.41 mi148, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE2
£108K07/210.46 mi69, Lynthorpe, Sunderland, Tyne And Wear SR2 0EU2
£106K04/210.47 mi160, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE2
£34K04/230.47 mi167, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ2
£33K12/200.47 mi165, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ2
£118.5K04/210.49 mi25, Lyngrove, Sunderland, Tyne And Wear SR2 0EX2
£95K03/230.49 mi15, Lyngrove, Sunderland, Tyne And Wear SR2 0EX2
£108.5K10/200.53 mi37, Hollycarrside Road, Sunderland, Tyne And Wear SR2 0ED2
£37.5K12/200.54 mi122, Cairo Street, Sunderland, Tyne And Wear SR2 8QN2
£36K04/230.54 mi121, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QN2
£110K07/230.54 mi45, Helvellyn Road, Sunderland, Tyne And Wear SR2 9JJ2
£139.9K02/230.56 mi4, Westray Close, Ryhope, Sunderland, Tyne And Wear SR2 0TD2
£48K03/210.58 mi110, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£45K12/220.58 mi129, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£49K12/220.58 mi136, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£135K03/210.58 mi9, Ronaldsay Close, Ryhope, Sunderland, Tyne And Wear SR2 0TF2
£33K04/230.63 mi75, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QL2
£112K02/230.64 mi24, Linskell, Sunderland, Tyne And Wear SR2 0EP2
£45K03/210.64 mi54, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£30K11/200.64 mi52, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£35K05/210.64 mi55, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£130K01/230.68 mi7, Larkhill, Sunderland, Tyne And Wear SR2 0DF2
£112.3K09/210.68 mi7, Larkhill, Sunderland, Tyne And Wear SR2 0DF2
£50K07/230.71 mi3, Hastings Street, Sunderland, Tyne And Wear SR2 8SR2
£50K01/230.71 mi7, Hastings Street, Sunderland, Tyne And Wear SR2 8SR2
£50K01/230.71 mi30, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QH2
£45K04/230.72 mi7b, Fuller Road, Sunderland, Tyne And Wear SR2 8PQ2
£38K01/210.72 mi51, Cairo Street, Sunderland, Tyne And Wear SR2 8QH2
£115K02/230.84 mi68, Shaftesbury Avenue, Sunderland, Tyne And Wear SR2 0AQ2

Local Rents

49 rents from £475/mo to £2K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65002/250.12 mi-2
£65009/240.17 miOcean Road South, Grangetown2
£59509/240.43 miSt. Leonard Street, Hendon, Sunderland, Tyne and Wear, SR2 8PZ2
£60009/240.58 miSt. Leonard Street, Sunderland, Tyne and Wear, SR22
£52508/230.6 mi-2
£59509/240.61 miTrevarren Drive, Sunderland2
£55003/250.62 mi-2
£65504/250.62 mi-2
£52508/240.64 mi-2
£53504/250.65 mi-2
£47510/230.66 mi-2
£47508/240.66 mi-2
£76509/240.66 miSaint Leonard Street, Sunderland, SR22
£75009/240.66 mi-2
£70009/240.7 miOrchard House, Belford Close, SUNDERLAND, SR22
£69011/240.76 mi-2
£47509/240.78 miVillette Road, Hendon, Sunderland2
£55009/240.82 mi-2
£75004/250.87 mi-2
£58004/250.92 mi-2
£65009/240.96 mi(Formerly 1 Kensington House), Sunderland, Gray Road, Ashbrooke, SR22
£50003/250.97 mi-2
£60009/240.97 miMoreland Place, Gray Road, Hendon, Sunderland, SR22
£58502/250.98 mi-2
£60007/241.03 mi-2
£70009/241.05 miDinsdale Street, Sunderland, Tyne and Wear, SR22
£65009/241.06 mi1-4 Ashbrooke Terrace, Sunderland2
£69509/241.06 mi-2
£72009/241.06 mi-2
£72504/251.06 mi-2
£72504/251.06 mi-2
£84509/241.06 miThe Oaks, Sunderland, SR22
£70009/241.06 miBelle Vue Crescent, Sunderland, SR22
£97509/241.08 miMowbray Road, Ashbrooke, Sunderland2
£95009/241.08 mi-2
£55009/241.09 mi-2
£65009/241.09 miPark Hall, Sunderland, Ashbrooke, SR22
£87509/241.1 miWillow Green, Ashbrooke, Sunderland, SR22
£80009/241.12 mi-2
£80009/241.12 mi-2
£75001/251.15 mi-2
£2,00002/251.15 mi-2
£75004/251.16 mi-2
£75009/241.17 miEnnerdale, Ashbrooke2
£62511/241.17 mi-2
£75002/251.18 mi-2
£75001/251.18 mi-2
£49509/241.18 mi-2
£49511/241.18 mi-2

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.40 miles away

Nearest school

0.30 miles away

Nearest train station

1.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £65,000

February 27, 2025

Description

  • 2 BEDROOM MID TERRACE COTTAGE +
  • NEW ROOF IN RECENT YEARS +
  • UPVC DOUBLE GLAZING +
  • EPC RATING C +
  • GCH VIA COMBI BOILER +
  • WOULD BENEFIT FROM SOME GENERAL UPDATING +
  • DESIRABLE STREET WITHIN GRANGETOWN +
  • NO CHAIN +

2 BEDROOM MID TERRACE COTTAGE - NEW ROOF IN RECENT YEARS - UPVC DOUBLE GLAZING - GCH VIA COMBI BOILER - WOULD BENEFIT FROM SOME GENERAL UPDATING - DESIRABLE STREET WITHIN GRANGETOWN - NO ONWARD CHAIN … Good Life Homes are delighted to bring to the market a 2 bedroom mid terrace one-level cottage in one of Grangetown's most popular streets. With attractive render and a relatively new roof, the property has undergone some updating and includes uPVC double-glazing and gas central heating. It would, however, benefit from some general decorative updating and upgrades to the kitchen and bathroom and is priced to reflect this. Briefly comprising; entrance hall, 2 bedrooms, lounge, kitchen, bathroom, rear car port and garage door access from rear.
Viewing arrangements can be made by contacting our local office. If you have a property to sell and would like valuation advice or guidance, please do not hesitate to ask us for assistance. Our fixed price selling fees start from just £995 on a no sale no fee basis which means you won’t pay us anything unless we sell your home! Call us and find out why so many people across Sunderland now choose Good Life to sell their home.

Introduction - 2 BEDROOM MID TERRACE COTTAGE - NEW ROOF IN RECENT YEARS - UPVC DOUBLE GLAZING - GCH VIA COMBI BOILER - WOULD BENEFIT FROM SOME GENERAL UPDATING - DESIRABLE STREET WITHIN GRANGETOWN …

Entrance Hall - Entrance via white uPVC double-glazed door. Carpet flooring, radiator, loft hatch. Door leading off to bedroom 2, door leading off to lounge.

Bedroom 2 - 3.61m x 2.01m (11'10 x 6'7) - Laminate wood-effect flooring, radiator, rear facing white uPVC double-glazed window.

Lounge - 4.65m x 3.05m (15'3 x 10'0) - Carpet flooring, double radiator, rear facing white uPVC double-glazed window. Feature fire surround in a wood-effect finish with quartz hearth and back. Door leading off to kitchen, double doors leading to bedroom 1.

Bedroom 1 - 4.14m x 3.73m (13'7 x 12'3) - Carpet flooring, radiator, front facing white uPVC double-glazed window, double doors leading into lounge. This is a good size double bedroom but could equally be used as a secondary lounge depending on the needs of the new owners. There would have been a separate door from the entrance hall leading into this room at some point.

Kitchen - 3.18m x 2.36m (10'5 x 7'9) - Carpet flooring, white uPVC double-glazed window facing out onto rear courtyard/car port, radiator. Fitted kitchen with a range of wall and floor units in a white finish with matching laminate work surface. Sink with single drainer, single bowl and Monobloc tap, space and plumbing for a washing machine, space and plumbing for gas cooker, space for tall fridge/freezer. Open doorway leading through to rear lobby.

Rear Lobby - Carpet flooring, built-in cupboard housing the Combi boiler, white uPVC double-glazed door leading off to rear carport/ rear courtyard, door leading off to bathroom.

Bathroom - 2.34m x 1.75m (7'8 x 5'9) - Tiled flooring, radiator, white uPVC double-glazed window with privacy glass facing out onto rear courtyard/car port. Coloured bathroom suite comprising toilet with low level cistern, sink with single pedestal and chrome tap, bath with panel, chrome taps, separate shower fed form the Combi boiler system.

Externally - The property has enclosed car port measuring approx. 16ft 10 x 8ft 1
Manual up and over garage door, polycarbonate roof and part brick and part corrugated sides. Glazed door to the rear providing a small amount of outdoor space.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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