2 Bed Terraced House, Single Let, Sunderland, SR3 1HL, £102,950

Castlereagh Street, Silksworth, SR3 1HL - 21 days ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£37.5K - £229K
Sold Prices/m²£445/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£92,847

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,738

Stamp Duty & Legal Fees

£6,348

Total Cash In

£32,085

 

 

Cash Out

 

Rent Range

£500 - £800

Rent Estimate

£500

Running Costs/mo

£442

Cashflow/mo

£58

Cashflow/yr

£699

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £37.5K to £229K, average is £106K. £445/m² to £3.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£75K01/210.05 mi47, Castlereagh Street, Sunderland, Tyne And Wear SR3 1HL2
£89K07/230.08 mi20, Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear SR3 1HH2
£85K09/210.1 mi33, George Street East, Sunderland, Tyne And Wear SR3 1HG2
£74.5K03/210.13 mi24, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX2
£83K02/210.13 mi29, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX2
£80K04/230.15 mi21, Londonderry Street, Sunderland, Tyne And Wear SR3 2AY2
£110K07/230.18 mi9, Londonderry Terrace, Sunderland, Tyne And Wear SR3 2EE2
£73.5K03/230.19 mi15, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER2
£43K03/230.19 mi3, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER2
£150K05/230.2 mi13, Hawthorn Avenue, Sunderland, Tyne And Wear SR3 1DU2
£58K04/210.2 mi21, Aline Street, Sunderland, Tyne And Wear SR3 2DZ2
£88K03/210.21 mi39, Edward Street, Silksworth, Sunderland, Tyne And Wear SR3 1EW2
£103K01/230.21 mi21, Emmerson Terrace West, Sunderland, Tyne And Wear SR3 2ED2
£90K04/210.21 mi21, Emmerson Terrace West, Sunderland, Tyne And Wear SR3 2ED2
£75K12/200.22 mi19, Devon Drive, Sunderland, Tyne And Wear SR3 1LB2
£73K07/210.23 mi17, Park Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 2EF2
£97K02/210.23 mi4, Lincoln Avenue, Sunderland, Tyne And Wear SR3 1BE2
£75K10/210.24 mi20, Hill Street, Sunderland, Tyne And Wear SR3 2DW2
£88.5K11/200.24 mi16, Hill Street, Sunderland, Tyne And Wear SR3 2DW2
£124K03/230.24 mi17, Park Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 2EF2
£72.5K11/200.3 mi8, Margate Street, Sunderland, Tyne And Wear SR3 1BQ2
£108K02/210.3 mi3, Margate Street, Sunderland, Tyne And Wear SR3 1BQ2
£67.1K10/230.3 mi36, Windsor Drive, New Silksworth, Sunderland, Tyne And Wear SR3 1JQ2
£125K05/230.3 mi3, Norfolk Avenue, Sunderland, Tyne And Wear SR3 1JY2
£107K02/230.3 mi10, Essex Grove, Sunderland, Tyne And Wear SR3 1BG2
£125K09/210.31 mi18, Courtney Drive, Sunderland, Tyne And Wear SR3 1JS2
£37.5K04/210.32 mi10, York Street, New Silksworth, Sunderland, Tyne And Wear SR3 1BU2
£125.3K07/210.33 mi50, Pembroke Avenue, Sunderland, Tyne And Wear SR3 2DH2
£52K06/230.34 mi14, Somerset Cottages, Sunderland, Tyne And Wear SR3 1BX2
£49K08/230.34 mi18, Somerset Cottages, Sunderland, Tyne And Wear SR3 1BX2
£103K07/230.36 mi10, Orr Avenue, Sunderland, Tyne And Wear SR3 2EL2
£110K02/230.37 mi77, Cavendish Place, Sunderland, Tyne And Wear SR3 1JP2
£115K10/210.37 mi52, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ2
£107K07/210.37 mi80, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ2
£65K11/200.38 mi7, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG2
£149.9K12/220.38 mi5, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG2
£115K02/210.38 mi22, Oxford Close, Sunderland, Tyne And Wear SR3 1JX2
£140K07/210.38 mi3, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG2
£125K02/210.38 mi5, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG2
£117K05/210.41 mi34, Ainthorpe Close, Sunderland, Tyne And Wear SR3 2DA2
£145K09/210.42 mi22, Houlsyke Close, Sunderland, Tyne And Wear SR3 2YE2
£140K08/210.42 mi21, Houlsyke Close, Sunderland, Tyne And Wear SR3 2YE2
£167.5K04/210.45 mi8, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2
£229K08/230.45 mi6, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2
£205K02/230.45 mi10, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ2
£210K01/230.46 mi26, Shalcombe Close, Sunderland, Tyne And Wear SR3 2EP2
£155K11/210.47 mi35, Woburn Drive, Sunderland, Tyne And Wear SR3 2EW2
£160K06/230.52 mi74, Ski View, Sunderland, Tyne And Wear SR3 1NP2
£121.5K08/210.54 mi11, Newstead Square, Sunderland, Tyne And Wear SR3 2TQ2
£105K10/200.58 mi7, Pit Row, Sunderland, Tyne And Wear SR3 1AF2

Local Rents

9 rents from £500/mo to £800/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65009/240.08 miCastlereagh Street, Silksworth2
£80003/250.24 mi-2
£57508/230.27 mi-2
£50002/240.3 mi-2
£50003/240.3 mi-2
£50009/240.3 miSomerset Cottages, Sunderland, SR32
£67509/230.31 mi-2
£75009/240.34 miSunnybrow, Silksworth, Sunderland2
£65009/240.44 miDene Street, Sunderland, SR32

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

2.08 miles away

Nearest school

0.10 miles away

Nearest train station

1.94 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £102,950

March 14, 2025

Floor Plans

Description

  • Available For Sale With No Chain Involved +
  • Two Bedroom Mid Terraced Home +
  • Two Reception Rooms, Ideal For Gatherings +
  • Low Maintenance Yard to Rear +
  • Well Placed For Shops And Schools +
  • Reference: 460408 +

Well-Presented Two-Bedroom Mid-Terraced Home - Available With No Chain Involved. Located on Castlereagh Street in the popular area of Silksworth, this well-presented two-bedroom mid-terraced home is offered with no onward chain, making it an ideal choice for a range of buyers. Perfectly positioned within easy reach of Silksworth Ski Slope and Tennis Centre, well-regarded schools, local shops, and excellent transport links, this property offers both convenience and comfort.

The ground floor boasts two spacious reception rooms, providing ample space for entertaining, along with a fitted kitchen and a family bathroom. Upstairs, you will find two well proportioned bedrooms. Additional benefits include double glazing and combi gas central heating, ensuring warmth throughout the year. Externally, the property features a private, low-maintenance rear yard, perfect for outdoor relaxation.

This fantastic home is a superb opportunity for first-time buyers, investors, or those looking to downsize. Early viewing is highly recommended!
ENTRANCE
Double glazed entrance door to the hallway which has laminate flooring and radiator and storage cupboard.
DINING ROOM 3.82m (12'6) x 4.04m (13'3)
Double glazed window, radiator, laminate flooring, open to:
LOUNGE 3.83m (12'7) x 3.84m (12'7)
Double glazed window, living flame gas fire with surround, radiator.
REAR LOBBY
Double glazed door to the exterior, radiator and wall units.
KITCHEN 2.48m (8'2) x 4.57m (15')
Fitted with a range of wall and floor units, electric oven, gas hob, extractor hood, one and a half bowl stainless steel sink with mixer tap, double glazed window, combi boiler enclosed in a kitchen unit, plumbed for an automatic washing machine.
BATHROOM
White suite comprising of bath with mixer tap, low flush toilet, wash basin, chrome radiator, double glazed window, feature tiled walls, tiled floor.
FIRST FLOOR LANDING

FRONT MASTER BEDROOM 4.7m (15'5) x 4.18m (13'9)
Double glazed window, two radiators, fitted wardrobes.
REAR DOUBLE BEDROOM 3.37m (11'1) x 4.03m (13'3)
Double glazed window, radiator, wardrobe.
EXTERIOR
Rear yard is paved.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 8 Mbps and a maximum download speed of 1000 Mbps at this postcode: SR3 1HL and mobile coverage is provided by EE, Three, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: E

Agent Details

Andrew Craig, Sunderland

0191 625 0130

Next Steps?

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