3 Bed Terraced House, Refurb/BRRR, Sunderland, SR4 7TQ, £189,950

Westwood Street, St Gabriels, Sunderland, SR4 7TQ - 3 views - a month ago

Refurb/BRRR
ROI: 6%
~93 m²
+31 photos

ValuationOvervalued

Sold Prices£66K - £225K
Sold Prices/m²£769/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£117,800

 

 

End Value (After Refurb)

£167,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£10,698

Refurb Costs

£35,688

Bridging Loan Interest

£4,986

Total Cash In

£100,609

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£167,250

Mortgage (After Refinance)

£125,438

Mortgage LTV

75%

Cash Left In

£100,609

Equity

£41,813

Rent Range

£700 - £3,500

Rent Estimate

£1,355

Running Costs/mo

£814

Cashflow/mo

£541

Cashflow/yr

£6,496

ROI

6%

Gross Yield

9%

Local Sold Prices

51 sold prices from £66K to £225K, average is £125K. £769/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£108.5K09/230.04 mi15, Westwood Street, Sunderland, Tyne And Wear SR4 7TQ3
£127.5K06/210.05 mi21, Brookland Road, Sunderland, Tyne And Wear SR4 7TH3
£118.9K02/230.05 mi24, Brookland Road, Sunderland, Tyne And Wear SR4 7TH3
£160K01/230.06 mi10, Ferndene Crescent, Sunderland, Tyne And Wear SR4 6UN3
£112.5K11/210.07 mi18, Erith Terrace, Sunderland, Tyne And Wear SR4 7TJ3
£150K10/230.09 mi48, Henderson Road, Sunderland, Tyne And Wear SR4 7ST3
£107K08/230.1 mi11, Highfield Place, Sunderland, Tyne And Wear SR4 6LP3
£107K08/230.1 mi11, Highfield Place, Sunderland, Tyne And Wear SR4 6LP3
£90K11/200.11 mi1, Bexley Street, Sunderland, Tyne And Wear SR4 7TL3
£116K11/210.11 mi29, Arlington Street, Sunderland, Tyne And Wear SR4 6UW3
£125K08/210.12 mi6, Henderson Road, Sunderland, Tyne And Wear SR4 7TG3
£180K11/210.12 mi2, Henderson Road, Sunderland, Tyne And Wear SR4 7TG3
£115K11/210.12 mi20, Kayll Road, Sunderland, Tyne And Wear SR4 7TN3
£163K08/230.15 mi27, Ferndene Crescent, Sunderland, Tyne And Wear SR4 6UP3
£157.5K02/210.15 mi2, Angrove Gardens, Sunderland, Tyne And Wear SR4 7TB3
£185K11/210.15 mi10, Angrove Gardens, Sunderland, Tyne And Wear SR4 7TB3
£66K03/210.2 mi23, General Havelock Road, Sunderland, Tyne And Wear SR4 6XN3
£86K07/230.2 mi32, General Havelock Road, Ford, Sunderland, Tyne And Wear SR4 6XN3
£92.5K01/240.2 mi13, General Havelock Road, Ford, Sunderland, Tyne And Wear SR4 6XN3
£210K11/200.22 mi15, Priory Grove, Sunderland, Tyne And Wear SR4 7SX3
£91K02/230.29 mi48, Fordham Road, Sunderland, Tyne And Wear SR4 0AX3
£70K01/210.3 mi26, Orchard Street, Sunderland, Tyne And Wear SR4 6QL3
£83K06/230.32 mi4, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£105K10/230.32 mi16, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£77K07/230.33 mi6, Tanfield Street, Sunderland, Tyne And Wear SR4 6NU3
£150K09/210.35 mi20, Colchester Terrace, Sunderland, Tyne And Wear SR4 7RY3
£144K02/230.35 mi50, Colchester Terrace, Sunderland, Tyne And Wear SR4 7RY3
£141K07/210.35 mi46, Barnard Street, Sunderland, Tyne And Wear SR4 7RX3
£155K09/230.35 mi45, Barnard Street, Sunderland, Tyne And Wear SR4 7RX3
£118K10/230.35 mi25, Barnard Street, Sunderland, Tyne And Wear SR4 7RX3
£106K02/210.35 mi25, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU3
£128K05/210.35 mi24, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU3
£116K11/210.35 mi13, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU3
£116K09/230.35 mi19, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU3
£127.5K01/240.35 mi23, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU3
£134.9K12/200.35 mi9, Dunbar Street, Sunderland, Tyne And Wear SR4 7RZ3
£130K08/230.35 mi27, Dunbar Street, Sunderland, Tyne And Wear SR4 7RZ3
£129.9K02/210.36 mi29, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£113K08/210.36 mi17, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£160K11/210.36 mi37, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£195K08/230.36 mi26, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£162.5K12/230.36 mi6, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£77K01/230.36 mi14, Tanfield Street, Sunderland, Tyne And Wear SR4 6NU3
£144K12/200.37 mi17, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ3
£175K06/210.37 mi23, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ3
£225K11/210.37 mi17, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ3
£122K02/210.37 mi8, Eastfield Street, Sunderland, Tyne And Wear SR4 7SA3
£98K02/210.37 mi17, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG3
£145K08/210.38 mi31, Farnham Terrace, Sunderland, Tyne And Wear SR4 7SB3
£162K06/230.38 mi33, Farnham Terrace, Sunderland, Tyne And Wear SR4 7SB3
£95K08/210.39 mi8, Stratfield Street, Sunderland, Tyne And Wear SR4 6RB3

Local Rents

24 rents from £700/mo to £3.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£2,50002/250.03 mi-3
£89509/240.15 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3
£70009/240.31 miBlackett Terrace, Millfield, Sunderland3
£75009/240.34 miWareness Street, Pallion, Sunderland3
£75002/250.38 mi-3
£3,50004/250.38 mi-3
£85009/240.43 mi-3
£85003/250.45 mi-3
£1,95009/240.46 mi-3
£1,95001/250.46 mi-3
£2,30004/250.46 mi-3
£87509/240.47 miGeneral Graham Street, Sunderland3
£87511/240.47 mi-3
£77509/240.47 miHaydon Square3
£80011/230.48 mi-3
£85012/240.48 mi-3
£87502/250.5 mi-3
£72509/240.5 miCromwell Street, Sunderland, SR43
£75007/240.5 mi-3
£1,00009/240.51 miMount Road, High Barnes, Sunderland3
£75004/250.55 mi-3
£2,35003/250.58 mi-3
£1,35002/250.58 mi-3
£2,80002/250.6 mi-3

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £189,950

March 15, 2025

Description

  • Cottage +
  • 3 Bedrooms +
  • Garden +
  • Off Street Parking to Rear +
  • Recently Modernised +
  • No Onward Chain +
  • Must Be Viewed +
  • EPC Rating +

A stunning 3-Bedroom Cottage in the Heart of St Gabriels

Welcome to an exceptional opportunity to acquire this immaculately presented three-bedroom cottage, offered to the market with NO ONWARD CHAIN—a seamless transition into refined living.

Nestled on the sought-after Westwood Street, St Gabriels, this stunning home enjoys an enviable location, just moments from well-regarded schools, a variety of local shops, and essential amenities, as well as Sunderland Royal Hospital and effortless transport links to the City Centre.

Recently transformed through an extensive modernisation, this property boasts a brand-new designer kitchen and elegant bathroom, offering contemporary living at its finest.

Step inside to discover a thoughtfully curated interior, comprising an inviting Entrance Vestibule, a welcoming Inner Hallway, a beautifully appointed Living Room, a sleek and stylish Kitchen, three serene Bedrooms, and a luxuriously finished Bathroom.

Externally, the charm continues with a private, paved forecourt to the front, while to the rear, a landscaped garden with a lawned area. Adding both security and convenience, the property benefits from outdoor lighting, a security light, and a gravelled driveway accessed via an electric roller shutter, ensuring privacy and ease of access.

A rare find in an exceptional location, this home epitomises effortless elegance and modern comfort. Early viewing is highly recommended to fully appreciate the unparalleled quality on offer.

Entrance Vestibule -

Inner Hall - The inner hall has a radiator and loft access.

Bedroom 1 - 4.27 max x 3.55 (14'0" max x 11'7") - Front facing bedroom having a double glazed window and radiator.

Bedroom 2 - 2.01 max x 4.27 max (6'7" max x 14'0" max) - Front facing bedroom having a double glazed window and radiator.

Bedroom 3 - 4.20 max x 2.01 max (13'9" max x 6'7" max) - Rear facing bedroom having a double glazed window and radiator.

Living Room - 4.59 max x 4.16 max (15'0" max x 13'7" max ) - The Living Room has a feature fire place, radiator, double glazed French doors to the rear, opening to kitchen.

Kitchen - 4.13 max x 2.33 max (13'6" max x 7'7" max) - The kitchen has a range of floor and wall units, integrated washing machine, integrated fridge freezer, induction hob with extractor over, cupboard with wall mounted gas central heating boiler, integrated oven and microwave, double glazed window, velux style window, stainless steel sink and drainer, radiator, reccessed spot lighting.

Bathroom - Modern white suite comprising of of a low level WC, wash hand basin on a storage unit, walk in style shower, freestanding bath with mixer tap and shower attachment, towel radiator, velux style window, reccessed spot lighting.

Externally - Externally the property has a front paved forecourt and to the rear there is a paved garden and lawn, security light and outdoor lighting, gravelled driveway access via an electric roller shutter for ample parking

Council Tax - The Council Tax Band is Band A.

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

Free Valuations - We are pleased to offer a free valuation service for prospective purchasers considering a sale of their own property. We can advise you with regard to marketing, without obligation

Mortgage Advice - Mortgages can be arranged via our Financial Advisers subject to status. Your home may be repossessed if you do not keep up repayments on your mortgage.

Agent Details

Michael Hodgson, Sunderland

0191 625 0998

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪