3 Bed Semi-Detached House, Refurb/BRRR, Sunderland, SR2 0RE, £165,000

Colin Terrace, Ryhope Village, Sunderland, SR2 0RE - 16 days ago

Refurb/BRRR
ROI: 3%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£80K - £262.5K
Sold Prices/m²£634/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£129,045

 

 

End Value (After Refurb)

£140,909

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£10,250

Refurb Costs

£35,501

Bridging Loan Interest

£4,331

Total Cash In

£93,082

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£140,909

Mortgage (After Refinance)

£105,682

Mortgage LTV

75%

Cash Left In

£93,082

Equity

£35,227

Rent Range

£700 - £1,300

Rent Estimate

£870

Running Costs/mo

£634

Cashflow/mo

£236

Cashflow/yr

£2,828

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £262.5K, average is £137K. £634/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£134K01/230 mi4, Colin Terrace, Sunderland, Tyne And Wear SR2 0RE3
£155.2K03/230.05 mi11, Halifax Place, Ryhope, Sunderland, Tyne And Wear SR2 0RD3
£120K01/230.07 mi3, North View, Ryhope, Sunderland, Tyne And Wear SR2 0PE3
£118.4K09/210.09 mi40, Smith Street South, Ryhope, Sunderland, Tyne And Wear SR2 0LL3
£80K02/210.09 mi21, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£82.5K01/210.09 mi8, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£100K02/230.1 mi3, Grey Terrace, Sunderland, Tyne And Wear SR2 0QT3
£80K12/220.12 mi4, Smith Street, Ryhope, Sunderland, Tyne And Wear SR2 0RG3
£115K10/210.14 mi23, Huntley Terrace, Sunderland, Tyne And Wear SR2 0RJ3
£81K01/210.15 mi27, Grey Terrace, Sunderland, Tyne And Wear SR2 0QS3
£95K01/230.15 mi27, Grey Terrace, Sunderland, Tyne And Wear SR2 0QS3
£90.3K11/210.17 mi12, Ryhope Street South, Sunderland, Tyne And Wear SR2 0RN3
£225K06/220.2 mi8, Beechbrooke, Ryhope, Sunderland, Tyne And Wear SR2 0NZ3
£185K03/210.2 mi41, Beechbrooke, Ryhope, Sunderland, Tyne And Wear SR2 0NZ3
£130K11/200.22 mi16, Trotter Terrace, Sunderland, Tyne And Wear SR2 0LA3
£170K05/230.24 miLlanviddy, Burdon Lane, Sunderland, Tyne And Wear SR2 0HR3
£205K12/220.36 mi13, Regent Road, Ryhope, Sunderland, Tyne And Wear SR2 0PP3
£168K03/210.37 mi23, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£185K09/230.37 mi15, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£92K11/210.37 mi25, Ridley Avenue, Sunderland, Tyne And Wear SR2 0SF3
£156.9K06/210.37 mi35, Ridley Avenue, Sunderland, Tyne And Wear SR2 0SF3
£200K05/230.38 mi6, Polperro Close, Ryhope, Sunderland, Tyne And Wear SR2 0YN3
£185K11/220.38 mi49, Trevarren Drive, Sunderland, Tyne And Wear SR2 0YW3
£168.2K09/210.41 mi77, Esdale, Sunderland, Tyne And Wear SR2 0JF3
£95K03/230.44 mi7, Ocean View, Sunderland, Tyne And Wear SR2 0SQ3
£140K05/230.45 mi5, Leechmere View, Sunderland, Tyne And Wear SR2 0SH3
£150K08/210.46 mi14, Kineton Way, Ryhope, Sunderland, Tyne And Wear SR2 0LJ3
£152.5K11/200.46 mi32, Blyton Avenue, Sunderland, Tyne And Wear SR2 0JT3
£150K01/210.49 mi10, Lynthorpe, Sunderland, Tyne And Wear SR2 0ET3
£190K04/210.49 mi11, Blyton Avenue, Sunderland, Tyne And Wear SR2 0JP3
£119K12/200.51 mi7, Stewart Avenue, Sunderland, Tyne And Wear SR2 0JR3
£171.1K08/230.52 mi5, Marine Drive, Leechmere, Sunderland, Tyne And Wear SR2 0DU3
£200K09/220.52 mi15, Marine Drive, Leechmere, Sunderland, Tyne And Wear SR2 0DU3
£135K02/230.52 mi34, Lynthorpe, Sunderland, Tyne And Wear SR2 0ES3
£185K06/210.54 mi30, Bankside Close, Ryhope, Sunderland, Tyne And Wear SR2 0AN3
£130K05/230.64 mi34, Edgmond Court, Sunderland, Tyne And Wear SR2 0DX3
£189.9K05/210.66 mi19, Barton Park, Ryhope, Sunderland, Tyne And Wear SR2 0AW3
£125K08/210.68 mi76, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£124.8K03/210.68 mi19, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£190K06/230.68 mi1, Langhurst, Sunderland, Tyne And Wear SR2 0DZ3
£138.9K07/230.68 mi6, Tarn Drive, Sunderland, Tyne And Wear SR2 9TL3
£186K06/210.7 mi27, Bowood Close, Sunderland, Tyne And Wear SR2 0BY3
£100K11/200.77 mi73, Hollycarrside Road, Sunderland, Tyne And Wear SR2 0ED3
£210K11/210.8 mi8, Millthorp Close, Sunderland, Tyne And Wear SR2 7RE3
£262.5K03/210.8 mi5, Ryhope Grange Court, Sunderland, Tyne And Wear SR2 9HU3
£110K11/200.81 mi8, Ramilies, Sunderland, Tyne And Wear SR2 0BB3
£130K08/230.82 mi28, Ravensworth, Sunderland, Tyne And Wear SR2 0AZ3
£110K07/210.82 mi59, Ravensworth, Sunderland, Tyne And Wear SR2 0AZ3
£97K04/210.83 mi19, Runnymede, Sunderland, Tyne And Wear SR2 0BJ3
£115K07/210.83 mi45, Rothbury, Sunderland, Tyne And Wear SR2 0BE3

Local Rents

14 rents from £700/mo to £1.3K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£87509/240.03 miSt. Pauls Terrace, Sunderland, Tyne and Wear, SR23
£79509/240.08 miThomas Street, Sunderland, Tyne And Wear, SR23
£73007/240.12 mi-3
£82501/250.3 mi-3
£75006/240.42 mi-3
£79511/240.43 mi-3
£72509/240.58 miAttlee Grove, Sunderland3
£85009/240.69 miTarn Drive, Grangetown, Sunderland3
£80009/240.75 mi-3
£1,25009/240.76 miCherry Brooks Way, Ryhope, Sunderland3
£70009/241.05 miOswald Terrace, Grangetown, Sunderland3
£85009/241.16 miGrange Street South, Sunderland, Tyne and Wear, SR23
£1,30009/241.18 miWest Cherry Knowle Farm3
£95009/241.21 miCamberley Close, Tunstall3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

3.21 miles away

Nearest school

0.10 miles away

Nearest train station

2.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Price changed to £165,000

April 1, 2025

Listed for £169,995

March 17, 2025

Description

  • 3 BEDROOM SEMI-DETACHED HOME +
  • RYHOPE VILLAGE CENTRAL LOCATION +
  • RECENT RENOVATION FACELIFT +
  • EPC RATING D +
  • READY TO MOVE INTO +
  • NO CHAIN +

3 BEDROOM SEMI-DETACHED HOME - RYHOPE VILLAGE CENTRAL LOCATION - RECENT RENOVATION FACELIFT - READY TO MOVE INTO - NO CHAIN … Good Life Homes are delighted to bring to the market a ready to move into 3 bedroom semi-detached home located within the village with convenient access to all local amenities. Benefitting from a recent facelift and ready to move into, the property briefly comprises; lounge open plan to dining kitchen via an archway, modern stylish kitchen with integrated appliances, rear porch/conservatory with sunny aspect, 2 double bedrooms and 1 single bedroom, well-appointed family bathroom. There are gardens to the rear which provide potential for landscaping and also potential for a multi-car driveway (there isn’t a dropped kerb onto the street). 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 you won’t pay us anything 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 - 3 BEDROOM SEMI-DETACHED HOME - RYHOPE VILLAGE CENTRAL LOCATION - RECENT RENOVATION FACELIFT - READY TO MOVE INTO - NO CHAIN …

Entrance Hall - Entrance via white uPVC double-glazed door. Laminate wood-effect flooring, radiator, carpeted stairs to first floor landing, built-in cupboard housing the modern consumer unit and electric meter, under stairs cupboard, wall mounted thermostat. Door leading off to lounge.

Lounge - 3.78m x 3.78m (12'5 x 12'5) - A good size lounge. Laminate wood-effect flooring, radiator, front facing white uPVC double-glazed window. Open plan archway leading to dining kitchen.

Dining Kitchen - 5.05m x 2.16m (16'7 x 7'1) - Laminate wood-effect flooring, radiator, modern fitted kitchen with a range of wall and floor units in a white high gloss finish, integrated fridge/freezer, integrated washing machine, integrated electric oven, integrated 4 ring ceramic hob with designer style extractor fan and glass splash back. Quartz style sink with Monobloc tap. Front facing white uPVC double-glazed window, white uPVC double-glazed sliding doors leading out onto rear porch/conservatory.

Rear Porch/Conservatory - 3.73m x 1.30m (12'3 x 4'3) - Lean to poly-carbonate roof, white uPVC double-glazed windows and white uPVC double-glazed door leading out to rear garden, radiator fed from the main central heating system. The lean too/conservatory is large enough to enjoy a seated or breakfast area and will catch the afternoon/evening sun.

First Floor Landing - Side facing white uPVC double-glazed window, loft hatch. 4 doors leading off, 3 to bedrooms and 1 to bathroom.

Bedroom 1 - 3.12m x 3.12m (10'3 x 10'3) - This is a double bedroom.
Carpet flooring, radiator, front facing white uPVC double-glazed window.

Bedroom 2 - 3.12m x 2.84m (10'3 x 9'4) - Carpet flooring, radiator, rear facing white uPVC double-glazed window. This is a double bedroom.

Bedroom 3 - 2.44m x 2.16m (8'0 x 7'1) - The room is L-shaped and measurements taken at widest points Large enough to accommodate a single bed or would make a great home office. Carpet flooring, radiator, front facing white uPVC double-glazed window.

Bathroom - 2.39m x 2.18m (7'10 x 7'2) - Viny wood-effect flooring, chrome towel heater style radiators, 2 rear facing white uPVC double-glazed windows with privacy glass. White toilet with low level cistern, white sink built into vanity unit with chrome tap, curved bath with matching glass shower screen, chrome taps, and separate shower fed from the main hot water system. The walls are ceiling are finished in uPVC cladding with recessed lights to ceiling.

Externally - Potential for a driveway although there is not a dropped kerb on the main road to access the property, there are gates. Well maintained front garden, potential to extend a driveway further to the rear of the property or even possibly build a garage in the future.

The rear garden which enjoys a general westerly aspect and has potential for further landscaping.

Agent Details

Good Life Homes Sales and Lettings, Sunderland

0191 625 0192

Next Steps?

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