2 Bed Terraced House, Single Let, Sunderland, SR2 8QL, £50,000

Cairo Street, Sunderland, Tyne and Wear, SR2 8QL - 2 views - a month ago

Sold STC
BTL
ROI: 20%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£30K - £182K
Sold Prices/m²£396/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£55,610
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£475 - £975

Rent Estimate

£550

Running Costs/mo

£286

Cashflow/mo

£264

Cashflow/yr

£3,165

ROI

20%

Gross Yield

13%

Local Sold Prices

50 sold prices from £30K to £182K, average is £52.5K. £396/m² to £2.2K/m², average is £836/m².

PriceDateDistanceAddressBeds 
£33K04/230.05 mi75, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QL2
£37.5K12/200.05 mi122, Cairo Street, Sunderland, Tyne And Wear SR2 8QN2
£36K04/230.05 mi121, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QN2
£45K03/210.06 mi54, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£30K11/200.06 mi52, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£35K05/210.06 mi55, St Leonard Street, Sunderland, Tyne And Wear SR2 8QE2
£48K03/210.08 mi110, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£45K12/220.08 mi129, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£49K12/220.09 mi136, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PR2
£45K04/230.13 mi7b, Fuller Road, Sunderland, Tyne And Wear SR2 8PQ2
£50K01/230.15 mi30, Cairo Street, Hendon, Sunderland, Tyne And Wear SR2 8QH2
£38K01/210.16 mi51, Cairo Street, Sunderland, Tyne And Wear SR2 8QH2
£34K04/230.16 mi167, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ2
£33K12/200.16 mi165, St Leonard Street, Sunderland, Tyne And Wear SR2 8PZ2
£50K01/230.16 mi7, Hastings Street, Sunderland, Tyne And Wear SR2 8SR2
£50K07/230.16 mi3, Hastings Street, Sunderland, Tyne And Wear SR2 8SR2
£120.7K11/200.22 mi3, Rainford Avenue, Sunderland, Tyne And Wear SR2 7UJ2
£182K01/210.24 mi3, Romney Avenue, Sunderland, Tyne And Wear SR2 7UQ2
£64K06/210.32 mi18, Guildford Street, Sunderland, Tyne And Wear SR2 8JQ2
£47K11/210.32 mi53, Mainsforth Terrace West, Sunderland, Tyne And Wear SR2 8JX2
£35.5K12/200.34 mi64, Tower Street West, Sunderland, Tyne And Wear SR2 8JY2
£55K07/230.38 mi37, Hendon Burn Avenue, Sunderland, Tyne And Wear SR2 8LA2
£36K07/210.38 mi39, Hendon Burn Avenue, Sunderland, Tyne And Wear SR2 8LA2
£75K06/210.42 mi18, Regent Terrace, Sunderland, Tyne And Wear SR2 9QN2
£150K02/210.42 mi4, Winalot Avenue, Sunderland, Tyne And Wear SR2 9PL2
£153K11/200.44 mi56, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PB2
£46K07/210.47 mi12, Noble Street, Sunderland, Tyne And Wear SR2 8LU2
£39K05/210.47 mi21, Noble Street, Sunderland, Tyne And Wear SR2 8LU2
£85K02/210.48 mi1, Grange Street South, Sunderland, Tyne And Wear SR2 9QS2
£85K12/220.5 mi22, Ocean Road North, Sunderland, Tyne And Wear SR2 9QU2
£75K06/210.51 mi14, Carnegie Street, Sunderland, Tyne And Wear SR2 9RL2
£165.8K08/210.52 mi7, Warnham Avenue, Sunderland, Tyne And Wear SR2 9PH2
£73.5K01/210.53 mi25, Oxbridge Street, Sunderland, Tyne And Wear SR2 9NQ2
£88K06/230.54 mi52, Sea View Street, Sunderland, Tyne And Wear SR2 9QX2
£115K12/210.56 mi56, Leechmere Road, Sunderland, Tyne And Wear SR2 9NE2
£156K09/230.6 mi22, Corby Gate, Sunderland, Tyne And Wear SR2 7JB2
£43K03/210.61 mi22, Clementina Close, Sunderland, Tyne And Wear SR2 8AG2
£65K05/230.61 mi23, Clementina Close, Sunderland, Tyne And Wear SR2 8AG2
£54K04/210.62 mi9, Burlington Close, Sunderland, Tyne And Wear SR2 8AW2
£51K05/230.64 mi18, Finchale Close, Sunderland, Tyne And Wear SR2 8AR2
£46.8K12/220.64 mi30, Finchale Close, Sunderland, Tyne And Wear SR2 8AR2
£50K04/210.68 mi8, Coxon Street, Sunderland, Tyne And Wear SR2 8DX2
£132.5K06/230.69 mi7, Ayton Avenue, Sunderland, Tyne And Wear SR2 9SN2
£115K07/230.72 mi11, Hereford Court, Sunderland, Tyne And Wear SR2 9LD2
£110K07/230.73 mi45, Helvellyn Road, Sunderland, Tyne And Wear SR2 9JJ2
£110K01/210.76 mi3a, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP2
£83.3K10/220.77 mi15, Raine Grove, Sunderland, Tyne And Wear SR1 2LH2
£95K03/230.81 mi148, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE2
£65K06/230.82 mi7, Azalea Terrace South, Sunderland, Tyne And Wear SR2 7EX2
£106K04/210.84 mi160, Leechmere Road, Sunderland, Tyne And Wear SR2 9JE2

Local Rents

30 rents from £475/mo to £975/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£55003/250.03 mi-2
£65504/250.03 mi-2
£60009/240.05 miSt. Leonard Street, Sunderland, Tyne and Wear, SR22
£52508/240.06 mi-2
£53504/250.06 mi-2
£76509/240.08 miSaint Leonard Street, Sunderland, SR22
£75009/240.08 mi-2
£69011/240.17 mi-2
£59509/240.18 miSt. Leonard Street, Hendon, Sunderland, Tyne and Wear, SR2 8PZ2
£47509/240.22 miVillette Road, Hendon, Sunderland2
£55009/240.26 mi-2
£58004/250.33 mi-2
£70009/240.34 miOrchard House, Belford Close, SUNDERLAND, SR22
£60009/240.44 miMoreland Place, Gray Road, Hendon, Sunderland, SR22
£65009/240.46 mi(Formerly 1 Kensington House), Sunderland, Gray Road, Ashbrooke, SR22
£65002/250.47 mi-2
£55009/240.5 mi-2
£65009/240.51 miOcean Road South, Grangetown2
£69509/240.52 mi-2
£72009/240.52 mi-2
£72504/250.52 mi-2
£72504/250.52 mi-2
£84509/240.52 miThe Oaks, Sunderland, SR22
£97509/240.53 miMowbray Road, Ashbrooke, Sunderland2
£80009/240.56 mi-2
£80009/240.56 mi-2
£95009/240.57 mi-2
£62511/240.58 mi-2
£65009/240.61 mi1-4 Ashbrooke Terrace, Sunderland2
£57502/250.61 mi-2

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £50,000

March 13, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Investment Opportunity +
  • Tenanted Investment +
  • Council Tax Band A Sunderland City Council +
  • EPC Grade D +
  • 68sqm/ 731 Sq ft Floor Area +

Terraced cottage located on Cairo Street in the Hendon area. The property has been priced to sell.

The accommodation is laid out over one floor and briefly comprises entrance hall, lounge, kitchen two bedrooms and bathroom.

Externally there is on street parking to the front and and enclosed rear yard.

Located in Hendon and situated close to Commercial Road/A1018, which leads to the A19 appealing to those who commute. An area which is close to Sunderland City Centre however offers an array of local amenities along Villette Road and with very good public transport links.

Freehold

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SUN240708/2

Agent Details

YOUR MOVE Chris Stonock, Sunderland

0191 625 0175

Next Steps?

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