3 Bed Semi-Detached House, Cash/Bridging Only, Sunderland, SR2 9EA, £220,000





ValuationOvervalued
Sold Prices | £120K - £350K |
Sold Prices/m² | £1.5K/m² - £3.5K/m² |
| |
Square Metres | ~111.10 m² |
Price/m² | £2K/m² |
Value Estimate | £215,440£215,440 |
| |
End Value (After Refurb) | £214,099£214,099 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £55,000£55,000 |
Stamp Duty & Legal Fees | £14,100£14,100 |
Refurb Costs | £42,410£42,410 |
Bridging Loan Interest | £5,775£5,775 |
Total Cash In | £119,035£119,035 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £214,099£214,099 |
Mortgage (After Refinance) | £160,574£160,574 |
Mortgage LTV | 75%75% |
Cash Left In | £119,035£119,035 |
Equity | £53,525£53,525 |
Rent Range | £595 - £3,500£595 - £3,500 |
Rent Estimate | £1,034 |
Running Costs/mo | £896£896 |
Cashflow/mo | £138£138 |
Cashflow/yr | £1,658£1,658 |
ROI | 1%1% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £120K to £350K, average is £185K. £1.5K/m² to £3.5K/m², average is £1.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£152K | 12/20 | 0.05 mi | 8, Stannington Grove, Sunderland, Tyne And Wear SR2 9EG | - | - | 3 | Semi-Detached House | |
£155K | 02/21 | 0.08 mi | 7, Larchwood Grove, Sunderland, Tyne And Wear SR2 9EL | £1,867 | 83 | 3 | Semi-Detached House | |
£160K | 11/20 | 0.08 mi | 14, Larchwood Grove, Sunderland, Tyne And Wear SR2 9EL | £1,905 | 84 | 3 | Semi-Detached House | |
£165K | 12/20 | 0.09 mi | 16, Greetlands Road, Sunderland, Tyne And Wear SR2 9EB | £2,115 | 78 | 3 | Semi-Detached House | |
£170K | 02/21 | 0.09 mi | 27, Greetlands Road, Sunderland, Tyne And Wear SR2 9EB | £1,650 | 103 | 3 | Semi-Detached House | |
£187K | 02/21 | 0.09 mi | 35, Greetlands Road, Sunderland, Tyne And Wear SR2 9EB | £1,764 | 106 | 3 | Semi-Detached House | |
£147.5K | 04/21 | 0.09 mi | 41, Greetlands Road, Sunderland, Tyne And Wear SR2 9EB | - | - | 3 | Semi-Detached House | |
£194K | 02/21 | 0.12 mi | 31, Glenesk Road, Sunderland, Tyne And Wear SR2 9BN | £1,672 | 116 | 3 | Semi-Detached House | |
£190K | 03/21 | 0.12 mi | 5, Glenesk Road, Sunderland, Tyne And Wear SR2 9BN | £1,776 | 107 | 3 | Semi-Detached House | |
£256K | 04/21 | 0.12 mi | 10, Loughborough Avenue, Sunderland, Tyne And Wear SR2 9AT | £2,612 | 98 | 3 | Semi-Detached House | |
£285K | 12/22 | 0.13 mi | 39, Heathfield, Sunderland, Tyne And Wear SR2 9EW | £3,519 | 81 | 3 | Detached House | |
£195K | 10/21 | 0.13 mi | 18, Cedarwood Grove, Sunderland, Tyne And Wear SR2 9EJ | £2,097 | 93 | 3 | Semi-Detached House | |
£138K | 06/21 | 0.13 mi | 9, Cedarwood Grove, Sunderland, Tyne And Wear SR2 9EJ | £1,551 | 89 | 3 | Semi-Detached House | |
£160K | 02/21 | 0.13 mi | 67, Stannington Grove, Sunderland, Tyne And Wear SR2 9EQ | - | - | 3 | Semi-Detached House | |
£182.5K | 11/20 | 0.16 mi | 131, Tunstall Road, Sunderland, Tyne And Wear SR2 9BB | £1,738 | 105 | 3 | Semi-Detached House | |
£249.9K | 06/21 | 0.16 mi | 11, Thristley Gardens, Sunderland, Tyne And Wear SR2 9BL | £2,380 | 105 | 3 | Semi-Detached House | |
£228K | 04/23 | 0.16 mi | 2, Greybourne Gardens, Sunderland, Tyne And Wear SR2 9DT | - | - | 3 | Semi-Detached House | |
£240K | 09/21 | 0.16 mi | 5, Greybourne Gardens, Sunderland, Tyne And Wear SR2 9DT | £2,142 | 112 | 3 | Semi-Detached House | |
£167.5K | 01/21 | 0.16 mi | 3, Greybourne Gardens, Sunderland, Tyne And Wear SR2 9DT | £1,658 | 101 | 3 | Semi-Detached House | |
£155K | 11/20 | 0.17 mi | 44, Laurel Grove, Sunderland, Tyne And Wear SR2 9EE | £1,782 | 87 | 3 | Detached House | |
£182K | 04/21 | 0.17 mi | 5, Laurel Grove, Sunderland, Tyne And Wear SR2 9EE | £2,116 | 86 | 3 | Semi-Detached House | |
£174.9K | 06/21 | 0.19 mi | 104, Tunstall Road, Sunderland, Tyne And Wear SR2 9BD | £2,134 | 82 | 3 | Semi-Detached House | |
£185K | 12/20 | 0.19 mi | 37, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH | £1,927 | 96 | 3 | Semi-Detached House | |
£177.5K | 11/20 | 0.19 mi | 2, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH | £1,740 | 102 | 3 | Semi-Detached House | |
£212K | 03/21 | 0.19 mi | 7, Ringmore Court, Sunderland, Tyne And Wear SR2 9BJ | £2,000 | 106 | 3 | Semi-Detached House | |
£148K | 06/21 | 0.2 mi | 73, Stannington Grove, Sunderland, Tyne And Wear SR2 9EH | £1,762 | 84 | 3 | Semi-Detached House | |
£245K | 02/23 | 0.2 mi | 5, Lambourne Road, Sunderland, Tyne And Wear SR2 9BX | £2,640 | 93 | 3 | Semi-Detached House | |
£198K | 04/21 | 0.21 mi | 173, Leechmere Road, Sunderland, Tyne And Wear SR2 9DL | £2,118 | 93 | 3 | Semi-Detached House | |
£168K | 10/20 | 0.21 mi | 139, Leechmere Road, Sunderland, Tyne And Wear SR2 9DL | £2,074 | 81 | 3 | Semi-Detached House | |
£185K | 12/22 | 0.22 mi | 8, Ludlow Road, Sunderland, Tyne And Wear SR2 9HH | - | - | 3 | Semi-Detached House | |
£199.5K | 02/23 | 0.25 mi | 25, The Precinct, Sunderland, Tyne And Wear SR2 9DN | - | - | 3 | Semi-Detached House | |
£225K | 05/21 | 0.25 mi | 7, Leighton Road, Sunderland, Tyne And Wear SR2 9HQ | £2,344 | 96 | 3 | Semi-Detached House | |
£247K | 03/21 | 0.26 mi | 24, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS | £1,515 | 163 | 3 | Semi-Detached House | |
£219K | 04/21 | 0.26 mi | 18, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS | - | - | 3 | Semi-Detached House | |
£250K | 05/21 | 0.26 mi | 45, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS | £2,688 | 93 | 3 | Semi-Detached House | |
£259.9K | 06/21 | 0.26 mi | 2a, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS | - | - | 3 | Semi-Detached House | |
£251K | 05/21 | 0.26 mi | 2, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS | £1,902 | 132 | 3 | Semi-Detached House | |
£350K | 11/22 | 0.27 mi | 46, Crosslea Avenue, Sunderland, Tyne And Wear SR3 1LU | £2,734 | 128 | 3 | Detached House | |
£265K | 04/23 | 0.27 mi | 51, Crosslea Avenue, Sunderland, Tyne And Wear SR3 1LU | - | - | 3 | Semi-Detached House | |
£205K | 12/22 | 0.28 mi | 252, Leechmere Road, Sunderland, Tyne And Wear SR2 9DF | - | - | 3 | Semi-Detached House | |
£160K | 06/21 | 0.28 mi | 314, Leechmere Road, Sunderland, Tyne And Wear SR2 9DF | £1,818 | 88 | 3 | Semi-Detached House | |
£199.9K | 04/21 | 0.28 mi | 3, Pinesway, Sunderland, Tyne And Wear SR3 1YT | - | - | 3 | Semi-Detached House | |
£160K | 05/21 | 0.29 mi | 12, Leominster Road, Sunderland, Tyne And Wear SR2 9HG | £1,702 | 94 | 3 | Semi-Detached House | |
£325K | 03/21 | 0.3 mi | 9, Pemberton Gardens, Sunderland, Tyne And Wear SR3 1YU | £2,816 | 115 | 3 | Detached House | |
£156K | 04/21 | 0.32 mi | 5, Satley Gardens, Sunderland, Tyne And Wear SR3 1AL | £1,592 | 98 | 3 | Semi-Detached House | |
£120K | 04/23 | 0.32 mi | 31, Satley Gardens, Sunderland, Tyne And Wear SR3 1AL | - | - | 3 | Semi-Detached House | |
£160K | 12/22 | 0.32 mi | 266, Leechmere Road, Sunderland, Tyne And Wear SR2 9DF | £1,951 | 82 | 3 | Semi-Detached House | |
£167K | 12/20 | 0.32 mi | 29, Myrella Crescent, Sunderland, Tyne And Wear SR2 9DQ | £2,288 | 73 | 3 | Semi-Detached House | |
£150K | 11/20 | 0.32 mi | 98, Myrella Crescent, Sunderland, Tyne And Wear SR2 9DQ | £1,724 | 87 | 3 | Semi-Detached House | |
£168K | 04/21 | 0.32 mi | 35, Myrella Crescent, Sunderland, Tyne And Wear SR2 9DQ | £2,004 | 84 | 3 | Semi-Detached House |
Local Rents
40 rents from £595/mo to £3.5K/mo, average is £838/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 09/24 | 0.2 mi | Leechmere Road, Tunstall, Sunderland | 3 | Semi-Detached House | |
£1,350 | 09/24 | 0.5 mi | Ridgeway Crescent, Ashbrooke | 3 | Semi-Detached House | |
£900 | 09/24 | 0.62 mi | Thornlea Court, Thornhill, Sunderland, SR2 | 3 | Flat | |
£700 | 12/24 | 0.64 mi | - | 3 | Semi-Detached House | |
£780 | 09/24 | 0.76 mi | - | 3 | Flat | |
£780 | 04/25 | 0.76 mi | - | 3 | Flat | |
£650 | 09/24 | 0.79 mi | - | 3 | Terraced House | |
£595 | 01/25 | 0.79 mi | - | 3 | Terraced House | |
£650 | 01/25 | 0.79 mi | - | 3 | Terraced House | |
£650 | 09/24 | 0.79 mi | Saint Leonard Street, Sunderland, SR2 | 3 | Terraced House | |
£825 | 09/24 | 0.79 mi | - | 3 | Flat | |
£3,500 | 04/25 | 0.82 mi | - | 3 | Flat | |
£950 | 03/25 | 0.84 mi | - | 3 | Terraced House | |
£975 | 09/24 | 0.84 mi | Cresswell Terrace, Sunderland | 3 | Terraced House | |
£800 | 09/24 | 0.85 mi | Hurstwood Road, High Barnes, Sunderland | 3 | Terraced House | |
£700 | 09/24 | 0.86 mi | Oswald Terrace, Grangetown, Sunderland | 3 | Terraced House | |
£795 | 01/25 | 0.86 mi | - | 3 | Terraced House | |
£3,500 | 04/25 | 0.9 mi | - | 3 | Semi-Detached House | |
£850 | 09/24 | 0.9 mi | Grange Street South, Sunderland, Tyne and Wear, SR2 | 3 | Terraced House | |
£950 | 09/24 | 0.96 mi | Camberley Close, Tunstall | 3 | Bungalow | |
£875 | 04/25 | 0.96 mi | - | 3 | Terraced House | |
£650 | 09/24 | 0.99 mi | Somerset Street, Sunderland, Tyne and Wear, SR3 | 3 | Terraced House | |
£750 | 09/24 | 1.01 mi | Plains Road, Plains Farm, Sunderland , SR3 | 3 | Detached House | |
£875 | 02/25 | 1.02 mi | - | 3 | Terraced House | |
£875 | 09/24 | 1.04 mi | General Graham Street, Sunderland | 3 | Terraced House | |
£875 | 11/24 | 1.04 mi | - | 3 | Terraced House | |
£725 | 09/23 | 1.06 mi | - | 3 | Terraced House | |
£730 | 04/25 | 1.06 mi | - | 3 | Terraced House | |
£725 | 09/24 | 1.08 mi | Attlee Grove, Sunderland | 3 | Terraced House | |
£610 | 04/25 | 1.09 mi | - | 3 | Semi-Detached House | |
£1,000 | 09/24 | 1.11 mi | Mount Road, High Barnes, Sunderland | 3 | Semi-Detached House | |
£850 | 04/25 | 1.11 mi | - | 3 | Semi-Detached House | |
£850 | 09/24 | 1.13 mi | Tarn Drive, Grangetown, Sunderland | 3 | Flat | |
£850 | 09/24 | 1.19 mi | - | 3 | Terraced House | |
£1,950 | 09/24 | 1.19 mi | - | 3 | Terraced House | |
£1,950 | 01/25 | 1.19 mi | - | 3 | Terraced House | |
£2,300 | 04/25 | 1.19 mi | - | 3 | Terraced House | |
£800 | 09/24 | 1.21 mi | - | 3 | Semi-Detached House | |
£725 | 09/24 | 1.22 mi | 1 Paisley Square, Sunderland | 3 | Detached House | |
£725 | 09/24 | 1.23 mi | Silksworth Terrace, Sunderland | 3 | Terraced House |
Local Area Statistics
Population in SR2 | 33,44033,440 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 1.59 miles away1.59 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.86 miles away0.86 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +23%+23% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | -5%-5% |
Property History
Listed for £220,000
March 4, 2025
Floor Plans

Description
- Semi Detached House +
- Three Bedrooms +
- Great Corner Plot +
- Wrap Around Gardens +
- Gated Off Street Parking +
- Kitchen Diner +
- Ample Storage +
- Sought After Location +
Jan Mitchell Properties are delighted to welcome to the market this three-bedroom semi-detached family home, featuring a converted loft room, ideally located in a sought-after area of Sunderland on a large corner plot.
The property which will appeal to a variety of buyers briefly comprises:- A welcoming hallway with cloakroom, leading to a stylish lounge with feature fireplace, a comfortable kitchen diner with fitted wall and floor units as well as space for a utility area under the stairs and patio doors to the rear garden. To the first floor, there are three good sized bedrooms; the main with built in wardrobes, and a convenient three piece shower room WC. Ascend to the second floor to discover a thoughtfully converted loft room, offering versatility and additional space with velux windows and eaves storage.
Externally, is where to property comes in to it's own. There is a large wrap around garden with lawned, patio and planting areas, making it an ideal space for entertaining during those long summer nights. There is also the benefit of a gated driveway to the side providing off street parking.
Location
Tunstall is an area that offers excellent access to Sunderland City Centre, including it's shops, transport links, and banking services. Families will benefit from nearby well-regarded schools, local supermarkets, Sunderland Eye Infirmary, and convenient bus routes, ensuring ease and accessibility for daily needs.
Measurements
Lounge - 3.75 x 4.05
Kitchen/Diner - 7.00 x 3.72
Bedroom One - 3.72 x 4.05
Bedroom Two - 3.72 x 3.72
Bedroom Three - 2.44 x 2.00
Loft Space - 4.14 x 3.37
IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate. However, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification or further information on any points, please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser
Council Tax Band: C (Sunderland Council)
Tenure: Freehold