3 Bed Semi-Detached House, Single Let, Sunderland, SR3 4EP, £152,500

Simonside Road, Springwell, Sunderland, SR3 4EP - 2 views - a month ago

BTL
ROI: 3%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£70K - £306K
Sold Prices/m²£787/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£134,458

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,125

Stamp Duty & Legal Fees

£8,825

Total Cash In

£46,950

 

 

Cash Out

 

Rent Range

£725 - £2,350

Rent Estimate

£750

Running Costs/mo

£647

Cashflow/mo

£103

Cashflow/yr

£1,241

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £306K, average is £125.3K. £787/m² to £3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K02/210 mi18, Simonside Road, Sunderland, Tyne And Wear SR3 4EP3
£118K12/200.03 mi84, Sunningdale Road, Sunderland, Tyne And Wear SR3 4ES3
£137K03/230.1 mi8, Shaftoe Road, Sunderland, Tyne And Wear SR3 4HA3
£136K11/200.1 mi40, Simonside Road, Sunderland, Tyne And Wear SR3 4EW3
£108K06/210.14 mi30, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£118K12/200.14 mi32, Springwell Road, Sunderland, Tyne And Wear SR3 4DX3
£139K06/230.15 mi85, Springwell Road, Sunderland, Tyne And Wear SR3 4DZ3
£115K04/210.21 mi37, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£145K07/230.21 mi49, Southend Road, Sunderland, Tyne And Wear SR3 4AX3
£130K04/230.23 mi25, Shoreham Square, Sunderland, Tyne And Wear SR3 4DP3
£223.8K07/230.29 mi54, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QS3
£192K12/220.3 mi80, Killingworth Drive, High Barnes, Sunderland, Tyne And Wear SR4 8QX3
£199.9K04/210.32 mi11, Nairn Close, Sunderland, Tyne And Wear SR4 8RN3
£110K02/230.35 mi60, Purley Road, Sunderland, Tyne And Wear SR3 1RF3
£75K05/230.35 mi17, Goole Road, Sunderland, Tyne And Wear SR4 8HT3
£74K04/230.35 mi100, Primate Road, Sunderland, Tyne And Wear SR3 1RJ3
£306K06/210.35 mi17, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ3
£112.5K03/230.36 mi1, Gleneagles Road, Sunderland, Tyne And Wear SR4 8JG3
£185K01/230.37 mi15, Norway Avenue, Sunderland, Tyne And Wear SR4 8QW3
£225K04/220.39 mi1, Kincross Close, Sunderland, Tyne And Wear SR4 8RU3
£70K04/210.39 mi55, Polmuir Road, Sunderland, Tyne And Wear SR3 1QF3
£155K02/210.39 mi8, Southmayne Road, Sunderland, Tyne And Wear SR4 8NF3
£119K10/230.41 mi5, Gainsborough Road, Sunderland, Tyne And Wear SR4 8HU3
£96K02/230.41 mi5, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3
£72K02/210.42 mi65, Premier Road, Sunderland, Tyne And Wear SR3 1SJ3
£120K01/210.42 mi20, Twickenham Road, Sunderland, Tyne And Wear SR3 4JH3
£76.5K03/210.42 mi6, Princetown Terrace, Sunderland, Tyne And Wear SR3 1RL3
£105K08/210.42 mi16, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£108K12/210.42 mi10, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£116K06/230.42 mi8, Premier Road, Sunderland, Tyne And Wear SR3 1SH3
£169.9K12/200.43 mi21, Glenleigh Drive, Sunderland, Tyne And Wear SR4 9HA3
£110K07/210.44 mi62, Scruton Avenue, Sunderland, Tyne And Wear SR3 1SG3
£80K08/210.44 mi18, Shaftesbury Crescent, Sunderland, Tyne And Wear SR3 4AS3
£210K01/230.45 mi5, Winston Crescent, Sunderland, Tyne And Wear SR4 8RH3
£145K01/210.45 mi30, Nookside, Sunderland, Tyne And Wear SR4 8ND3
£130K06/210.46 mi18, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£120.5K07/210.46 mi7, Stamford Avenue, Sunderland, Tyne And Wear SR3 4AT3
£175K08/230.47 mi16, Grindon Park, Sunderland, Tyne And Wear SR4 8HQ3
£200K10/230.48 mi12, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£204K09/230.48 mi18, The Broadway, Sunderland, Tyne And Wear SR4 8LS3
£120K11/200.5 mi5, Gainsborough Square, Sunderland, Tyne And Wear SR4 8HZ3
£100.1K08/230.51 mi43, Twickenham Road, Sunderland, Tyne And Wear SR3 4JL3
£170K05/210.52 mi39, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£209.9K04/240.52 mi33, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LU3
£105K01/230.53 mi6, Plains Road, Sunderland, Tyne And Wear SR3 1SN3
£299.9K03/240.54 mi2, Woodville Crescent, Sunderland, Tyne And Wear SR4 8RD3
£105K02/210.54 mi76, Gillingham Road, Sunderland, Tyne And Wear SR4 8LD3
£167.3K12/200.54 mi40, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£218K07/230.54 mi11, Westfield Grove, Sunderland, Tyne And Wear SR4 8QZ3
£185K08/210.54 mi18, Broadmayne Avenue, Sunderland, Tyne And Wear SR4 8LY3

Local Rents

11 rents from £725/mo to £2.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£78511/240.07 mi-3
£82503/250.07 mi-3
£89504/250.24 mi-3
£85009/240.34 mi-3
£85009/240.34 miGoole Road, Sunderland, SR43
£72509/240.37 mi1 Paisley Square, Sunderland3
£85004/250.43 mi-3
£2,35003/250.48 mi-3
£1,35002/250.48 mi-3
£75009/240.48 miGleneagles Road, Grindon, Sunderland3
£75009/240.53 miPlains Road, Plains Farm, Sunderland , SR33

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

1 miles away

Nearest school

0.10 miles away

Nearest train station

1.34 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £152,500

March 5, 2025

Description

  • RECENTLY FULLY RENOVATED LARGER STYLE +
  • 3 BEDROOMS +
  • LOVELY KITCHEN +
  • EPC RATING D +
  • LARGE REAR FACING DINING / LOUNGE +
  • FABULOUS BATHROOM +
  • NEW QUALITY FLOOR COVERINGS THROUGHOUT +
  • SOUTH FACING REAR GARDEN PLOT +
  • VERY SOUGHT AFTER SPRINGWELL LOCATION +
  • NO CHAIN +

RECENTLY FULLY RENOVATED LARGER STYLE - 3 BEDROOMS - LOVELY KITCHEN - SEPARATE UTILITY - LARGE REAR FACING DINING / LOUNGE - FABULOUS BATHROOM - NEW QUALITY FLOOR COVERINGS THROUGHOUT - SOUTH FACING REAR GARDEN PLOT - VERY SOUGHT AFTER SPRINGWELL LOCATION - NO CHAIN … Good Life Homes are delighted to bring to the market an exceptional opportunity to acquire a newly renovated 3 bedroom semi-detached home in a very sought after Springwell location. The tasteful interior comprises new floor coverings throughout, stylish kitchen, beautiful bathroom, neutral interior fresh decor to walls and woodwork by a professional decorator, updated electrics and gas central heating. The rear garden has also been overhauled and enjoys a desirable south facing aspect for sunshine for the majority of the day! With ample on street parking to the front and potential to create a driveway for buyers in the future, this is a rare opportunity to acquire a ready to move into family home in one of the city’s most popular areas. 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 that you’ll pay nothing 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 - RECENTLY FULLY RENOVATED LARGER STYLE - 3 BEDROOMS - LOVELY KITCHEN - SEPARATE UTILITY - LARGE REAR FACING DINING / LOUNGE - FABULOUS BATHROOM - NEW QUALITY FLOOR COVERINGS THROUGHOUT - SOUTH FACING REAR GARDEN PLOT - VERY SOUGHT AFTER SPRINGWELL LOCATION - NO CHAIN …

Entrance Hall - Entrance via white uPVC double-glazed door. Carpet flooring, carpeted stairs to first floor landing, under stairs cupboard, radiator, door leading off to lounge, door leading off to kitchen, front facing white uPVC double-glazed window with privacy glass.

Kitchen - 4.57m x 2.64m (15'0 x 8'8) - Measurements taken at widest points
Laminate wood-effect flooring, double radiator, front facing uPVC single-glazed window. Brand new fitted kitchen with a range of wall and floor units in a light cream finish with stylish wood-effect laminate work surfaces, stainless steel sink situated below the window with single bowl, single drainer and matching Monobloc tap. Integrated electric oven, 4 ring gas hob and integrated extractor, space for tall fridge/freezer, space and plumbing for a washing machine, kitchen cupboard conceals combination boiler. Breakfast bar. Partially-glazed door leading out to utility area.

Utility Area - 3.86m x 2.13m (12'8 x 7'0) - A fantastic space with UPVC door to the front and rear allowing access to front and back gardens. Electric sockets, electric lighting and cold water feed also. This is a great space with lots of potential for a variety uses and perfect for family storage.

Lounge - 6.55m x 3.05m (21'6 x 10'0) - A superb large lounge space, typical of this style of house. Carpet flooring, fireplace built-in coal-effect gas fire, 2 uPVC single-glazed windows and radiator. The room is rear facing with lovely views over the south facing garden.

First Floor Landing - 4 doors leading off, 1 to bathroom and 3 bedrooms.

Bedroom 1 - 4.14m x 3.05m (13'7 x 10'0) - Double radiator, rear facing white uPVC single-glazed window. Large built-in cupboard with hanging and storage space.

Bedroom 2 - 3.15m x 3.10m (10'4 x 10'2) - Measurements taken at widest points.
Carpet flooring, double radiator, front facing white uPVC single-glazed window. Large built-in cupboard providing storage and hanging space. This is a double bedroom.

Bedroom 3 - 2.34m x 2.13m (7'8 x 7'0) - Carpet flooring, radiator, front facing white uPVC single-glazed window front facing, large built-in cupboard providing useful storage. This is a good size single bedroom.

Bathroom - 2.29m x 1.68m (7'6 x 5'6) - Laminate wood-effect flooring, chrome towel heater style radiator, rear facing white uPVC single-glazed window with privacy glass. White toilet with concealed cistern and push button flush, white sink built into vanity unit with chrome tap, p-shaped bath with glass shower screen over and chrome taps with separate electric shower. The walls are finished in a stylish uPVC cladding which extends to the ceiling. This is a superb bathroom by any standard and has only recently been fitted.

Externally - To the front there is a pathway leading to a front well maintained front garden.
The property enjoys a generous rear garden plot with a good degree of privacy from either side and enjoys a south facing aspect.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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