4 Bed Terraced House, Single Let, Sunderland, SR5 3BS, £125,000

Alder Street, Castletown, Sunderland, SR5 3BS - 13 days ago

BTL
ROI: 6%
~129 m²
+20 photos

ValuationUndervalued

Sold Prices£57.5K - £692K
Sold Prices/m²£593/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£967/m²

Value Estimate

£155,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£700 - £1,075

Rent Estimate

£750

Running Costs/mo

£561

Cashflow/mo

£189

Cashflow/yr

£2,273

ROI

6%

Gross Yield

7%

Local Sold Prices

51 sold prices from £57.5K to £692K, average is £245K. £593/m² to £3.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£65K02/210 mi10, Alder Street, Sunderland, Tyne And Wear SR5 3BS4
£275K03/220.37 mi17, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£255K07/210.37 mi2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£255K07/210.37 mi2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£162K11/200.45 mi2, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ4
£260K11/230.45 mi41, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ4
£139.9K11/200.47 mi20, Chiswick Road, Sunderland, Tyne And Wear SR5 3PY4
£305K09/210.5 mi20, Lulsgate, Sunderland, Tyne And Wear SR5 3JY4
£320K06/210.55 mi9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX4
£320K06/210.55 mi9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX4
£265K07/220.62 mi24, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB4
£245K07/230.63 mi23, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB4
£245K10/200.65 mi7, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY4
£235K11/210.65 mi5, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY4
£133K12/230.95 mi173, St Lukes Road, Sunderland, Tyne And Wear SR4 6PF4
£305K05/240.98 mi21, Albion Street, South Hylton, Sunderland, Tyne And Wear SR4 0NF4
£132K05/230.98 mi524, St Lukes Road, Sunderland, Tyne And Wear SR4 0HE4
£148.5K11/201.01 mi46, Dene View Crescent, Sunderland, Tyne And Wear SR4 0LP4
£136K06/231.03 mi26, Belgrade Crescent, Sunderland, Tyne And Wear SR5 4QB4
£126K12/201.06 mi16, Ramsay Square, Sunderland, Tyne And Wear SR5 5LF4
£110K11/201.07 mi12, Birrell Street, Sunderland, Tyne And Wear SR5 4NG4
£145K03/231.07 mi12, Birrell Street, Sunderland, Tyne And Wear SR5 4NG4
£295K06/211.11 mi2, Offerton Close, South Hylton, Sunderland, Tyne And Wear SR4 0QL4
£200K08/231.16 mi1, Middleham Court, Sunderland, Tyne And Wear SR5 5HQ4
£200K08/231.16 mi1, Middleham Court, Sunderland, Tyne And Wear SR5 5HQ4
£130K08/211.22 mi41, Palgrove Road, Sunderland, Tyne And Wear SR4 8DX4
£120K05/211.24 mi88, Broadsheath Terrace, Sunderland, Tyne And Wear SR5 2EP4
£130K08/211.42 mi8, Ford Terrace, Sunderland, Tyne And Wear SR4 6LT4
£185K02/231.43 mi7, Hopkins Court, Sunderland, Tyne And Wear SR4 6PX4
£150K09/231.49 mi70, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BP4
£262.5K05/241.6 mi18, Brierfield Grove, Sunderland, Tyne And Wear SR4 8LZ4
£250K12/221.62 mi48, Beaumont Street, Southwick, Sunderland, Tyne And Wear SR5 2NA4
£295K01/211.64 mi26, Kayll Road, Sunderland, Tyne And Wear SR4 7TW4
£57.5K12/201.64 mi15, Franklin Street, Sunderland, Tyne And Wear SR4 6EX4
£287.5K04/221.64 mi124, The Broadway, Sunderland, Tyne And Wear SR4 8NX4
£179K04/211.66 mi12, Cortina Avenue, Sunderland, Tyne And Wear SR4 8NE4
£430K08/231.68 mi2, Lawn Drive, West Boldon, East Boldon, Tyne And Wear NE36 0AZ4
£246K06/231.68 mi105, The Broadway, Sunderland, Tyne And Wear SR4 8PA4
£270K04/211.69 mi23, The Westlands, Sunderland, Tyne And Wear SR4 7RW4
£220K12/231.7 mi8, The Westlands, Sunderland, Tyne And Wear SR4 7RN4
£260K04/231.71 mi20, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ4
£325K06/231.71 mi5, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ4
£195K07/231.71 mi1, Corry Court, Sunderland, Tyne And Wear SR4 8NQ4
£279K03/241.73 mi18, Woodland Drive, Sunderland, Tyne And Wear SR4 8QR4
£299.9K06/211.73 mi20, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ4
£318K03/231.73 mi49, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ4
£257.5K08/211.74 mi5, Nairn Close, Sunderland, Tyne And Wear SR4 8RN4
£87.5K05/231.74 mi36, Aiskell Street, Sunderland, Tyne And Wear SR4 7UH4
£122K01/231.75 mi93, Thompson Road, Sunderland, Tyne And Wear SR5 2JJ4
£692K07/231.76 miThe Laurels, Dipe Lane, East Boldon, Tyne And Wear NE36 0PJ4
£322.5K02/231.76 mi9, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR4

Local Rents

11 rents from £700/mo to £1.1K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£70009/240.02 mi-3
£80003/250.03 mi-3
£75001/250.04 mi-3
£75012/240.04 mi-3
£75009/240.08 mi-3
£78009/240.11 miErnwill Avenue, Sunderland, Tyne And Wear, SR53
£80009/240.19 mi-3
£1,07509/240.34 miWellington Park, Sunderland, SR53
£99509/240.53 miCrosthwaite Grove, Sunderland, Tyne and Wear, SR54
£76511/240.53 mi-3
£79505/240.6 mi-3

Local Area Statistics

Population in SR5

34,580

Population in Sunderland

183,740

Town centre distance

1.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £125,000

March 14, 2025

Description

  • Spacious Double Fronted Dormer Cottage +
  • Well Presented Throughout +
  • 4 Bedrooms +
  • Modern Kitchen +
  • Contemporary Bathroom +
  • Delightful Rear Garden +
  • Popular and Convenient Location +
  • Easy Reach of Local Amenities +
  • Easy Access to the A19 Coast and City Centre +
  • Viewing Highly Recommended +

This spacious four bedroomed mid terraced double fronted dormer cottage provides a wonderful living space, situated on a quiet street in Castletown close to many excellent amenities. Ready to move into, the property is arranged over two floors, the internal accommodation comprises of an entrance vestibule, lounge open plan to dining room, modern kitchen, family room, bedroom 4/study and three further bedrooms to the first floor together with a contemporary bathroom. Externally there are gardens to the front and rear. Conveniently located just off Wessington Way/A1231, which offers immediate access onto the A19 the through to Nissan, Amazon and Doxford International Business park and within walking distance of an array of amenities including shops and schools. Internal inspection is highly recommended.

Ground Floor - Access via UPVC entrance door.

Entrance Vestibule - Inner UPVC door to lounge.

Lounge - 4.64 x 3.51 (15'2" x 11'6") - Double glazed window to the front, radiator and feature fireplace. Open plan into dining room.

Dining Room - 5.39 x 3.04 (17'8" x 9'11" ) - Double glazed UPVC French patio doors to the rear, radiator and stairs to the first floor with storage cupboard under. Doors to kitchen and bedroom four/study.

Kitchen - 4.81 x 2.46 (15'9" x 8'0") - Range of modern wall and base units with counter tops over incorporating single bowl stainless steel sink and drainer unit with mixer tap. Space provided for the inclusion of cooker and low level fridge and freezer. Pantry cupboard, radiator, two double glazed windows and UPVC door to rear.

Bedroom 4/Study - 3.04 x 2.70 (9'11" x 8'10") - Double glazed window to the rear and radiator. Door to family room.

Family Room - 3.53 x 3.47 (11'6" x 11'4") - Double glazed window to the front and a radiator.

First Floor Landing - Radiator.

Bedroom 1 - 4.22 x 3.40 (13'10" x 11'1") - Double glazed window to the front and radiator.

Bedroom 2 - 3.40 x 3.15 max (11'1" x 10'4" max ) - Double glazed window to the front and radiator.

Bedroom 3 - 3.44 x 3.33 (11'3" x 10'11" ) - Double glazed window to the rear and radiator.

Bathroom - Low level WC, hand wash basin and bath with shower over, radiator, two double glazed windows and built in storage cupboards.

Outside - Delightful garden to the rear with artificial lawns and timber decked seating area.

Council Taxband - The Council Tax is Band A.

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

Rent Charge - We have been advised by our clients there is a Rent charge of £4 per annum. Any prospective purchaser should clarify this with their Solicitor.

Important Notice - 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 £300.00 by Movewithus Ltd.

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

Viewings Srd - To arrange an appointment to view this property contact our Sea Road branch on .

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

Agent Details

Peter Heron Residential Sales and Lettings, Fulwell

0191 607 1282

Next Steps?

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