3 Bed Terraced House, Refurb/BRRR, Sunderland, SR4 6NB, £75,000

Kimberley Street, Pallion, Sunderland, SR4 6NB - 4 views - a month ago

Refurb/BRRR
ROI: 11%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£45K - £210K
Sold Prices/m²£438/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£77,250
BMV3%

 

 

End Value (After Refurb)

£108,500

Uplift in Value

+45%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£35,688

Bridging Loan Interest

£1,969

Total Cash In

£63,107

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£108,500

Mortgage (After Refinance)

£81,375

Mortgage LTV

75%

Cash Released

£25,125

Cash Left In

£37,982

Equity

£27,125

Rent Range

£700 - £3,500

Rent Estimate

£1,184

Running Costs/mo

£596

Cashflow/mo

£588

Cashflow/yr

£7,058

ROI

11%

Gross Yield

19%

Local Sold Prices

51 sold prices from £45K to £210K, average is £100K. £438/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£163K08/230.07 mi27, Ferndene Crescent, Sunderland, Tyne And Wear SR4 6UP3
£116K11/210.09 mi29, Arlington Street, Sunderland, Tyne And Wear SR4 6UW3
£70K01/210.12 mi26, Orchard Street, Sunderland, Tyne And Wear SR4 6QL3
£107K08/230.12 mi11, Highfield Place, Sunderland, Tyne And Wear SR4 6LP3
£107K08/230.12 mi11, Highfield Place, Sunderland, Tyne And Wear SR4 6LP3
£160K01/230.13 mi10, Ferndene Crescent, Sunderland, Tyne And Wear SR4 6UN3
£83K06/230.13 mi4, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£105K10/230.13 mi16, Cheviot Street, Sunderland, Tyne And Wear SR4 6QN3
£77K07/230.17 mi6, Tanfield Street, Sunderland, Tyne And Wear SR4 6NU3
£77K01/230.2 mi14, Tanfield Street, Sunderland, Tyne And Wear SR4 6NU3
£45K10/200.2 mi17, Exeter Street, Sunderland, Tyne And Wear SR4 6QX3
£115K11/210.21 mi20, Kayll Road, Sunderland, Tyne And Wear SR4 7TN3
£95K08/210.21 mi8, Stratfield Street, Sunderland, Tyne And Wear SR4 6RB3
£112.5K11/210.21 mi18, Erith Terrace, Sunderland, Tyne And Wear SR4 7TJ3
£90K11/200.21 mi1, Bexley Street, Sunderland, Tyne And Wear SR4 7TL3
£127.5K06/210.21 mi21, Brookland Road, Sunderland, Tyne And Wear SR4 7TH3
£118.9K02/230.21 mi24, Brookland Road, Sunderland, Tyne And Wear SR4 7TH3
£108.5K09/230.23 mi15, Westwood Street, Sunderland, Tyne And Wear SR4 7TQ3
£125K08/210.26 mi6, Henderson Road, Sunderland, Tyne And Wear SR4 7TG3
£180K11/210.26 mi2, Henderson Road, Sunderland, Tyne And Wear SR4 7TG3
£66K03/210.27 mi23, General Havelock Road, Sunderland, Tyne And Wear SR4 6XN3
£86K07/230.27 mi32, General Havelock Road, Ford, Sunderland, Tyne And Wear SR4 6XN3
£92.5K01/240.27 mi13, General Havelock Road, Ford, Sunderland, Tyne And Wear SR4 6XN3
£150K10/230.27 mi48, Henderson Road, Sunderland, Tyne And Wear SR4 7ST3
£76K08/230.28 mi24, Wilfred Street, Sunderland, Tyne And Wear SR4 6RH3
£53K02/210.29 mi29, Merle Terrace, Sunderland, Tyne And Wear SR4 6SD3
£157.5K02/210.31 mi2, Angrove Gardens, Sunderland, Tyne And Wear SR4 7TB3
£185K11/210.31 mi10, Angrove Gardens, Sunderland, Tyne And Wear SR4 7TB3
£100K02/240.32 mi5, Booth Street, Sunderland, Tyne And Wear SR4 6HT3
£75K10/210.33 mi9, Oxford Square, Sunderland, Tyne And Wear SR4 6PQ3
£91K02/230.34 mi48, Fordham Road, Sunderland, Tyne And Wear SR4 0AX3
£68K01/210.36 mi15, Ancona Street, Sunderland, Tyne And Wear SR4 6TJ3
£63K06/210.36 mi18, Ancona Street, Sunderland, Tyne And Wear SR4 6TJ3
£68K03/230.36 mi68, Neville Road, Sunderland, Tyne And Wear SR4 6PU3
£95K07/210.37 mi35, Howarth Street, Sunderland, Tyne And Wear SR4 7UT3
£115K06/230.37 mi98, Fordham Road, Sunderland, Tyne And Wear SR4 0AU3
£130K10/230.38 mi16, Oxford Square, Sunderland, Tyne And Wear SR4 6PQ3
£210K11/200.4 mi15, Priory Grove, Sunderland, Tyne And Wear SR4 7SX3
£99K01/230.4 mi11, Palermo Street, Sunderland, Tyne And Wear SR4 6TH3
£66K11/200.4 mi22, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£90K05/230.4 mi7, Franklin Street, Sunderland, Tyne And Wear SR4 6EX3
£72K06/230.42 mi23, Shepherd Street, Sunderland, Tyne And Wear SR4 6HA3
£93.3K08/230.44 mi1, Felstead Crescent, Sunderland, Tyne And Wear SR4 0AB3
£107K11/230.44 mi77, Sorley Street, Sunderland, Tyne And Wear SR4 7UY3
£68K12/200.48 mi28, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£97K11/230.48 mi33, Eldon Street, Sunderland, Tyne And Wear SR4 7DW3
£105K02/230.48 mi3, Croft Avenue, Sunderland, Tyne And Wear SR4 7DP3
£100K01/240.48 mi36, Felstead Crescent, Sunderland, Tyne And Wear SR4 0AE3
£129.9K02/210.49 mi29, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£113K08/210.49 mi17, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3
£160K11/210.49 mi37, Ormonde Street, Sunderland, Tyne And Wear SR4 7PH3

Local Rents

18 rents from £700/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89509/240.04 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3
£2,50002/250.17 mi-3
£75002/250.19 mi-3
£75009/240.21 miWareness Street, Pallion, Sunderland3
£70009/240.28 miBlackett Terrace, Millfield, Sunderland3
£75007/240.31 mi-3
£3,50004/250.32 mi-3
£85003/250.4 mi-3
£2,80002/250.41 mi-3
£80011/230.42 mi-3
£85012/240.42 mi-3
£75004/250.42 mi-3
£72509/240.42 miCromwell Street, Sunderland, SR43
£85009/240.46 mi-3
£87511/240.57 mi-3
£87509/240.57 miGeneral Graham Street, Sunderland3
£77509/240.58 miHaydon Square3
£87502/250.6 mi-3

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £75,000

March 18, 2025

Description

  • Spacious Double Fronted Cottage +
  • In Need of Updating and Modernising +
  • No Upward Chain +
  • 3 Bedrooms +
  • Wet Room +
  • Courtyard with Roller Shutter Door +
  • Convenient Location +
  • Close to Many Local Amenities and Transport Links +
  • Easy Access into the City Centre +
  • Viewing Recommended +

A spacious, double fronted three bedroom mid terrace cottage, ideally positioned for an extensive range of local amenities, shopping facilities and Sunderland Royal Hospital. Internally the accommodation is all on one level and includes an entrance vestibule, hall, lounge, a modern kitchen, three bedrooms and a wet room/wc. Benefits of the property include double glazed windows, gas central heating to radiators and a yard to the rear with a remote control roller shutter access door. The accommodation provides a great opportunity for those purchasers looking to put their own stamp on a property, with no upper chain involved, early viewing is highly recommended.

All On Ground Floor - Access via Composite entrance door.

Entrance Vestibule - Door to hall.

Hallway -

Lounge - 4.36 into alcove x 4.0 (14'3" into alcove x 13'1") - Double glazed window to rear, radiator and double doors connecting off to kitchen and bedroom 3.

Kitchen - 3.30 x 2.27 (10'9" x 7'5") - Modern wall and base units with work surfaces over incorporating a sink and drainer unit, space for cooker, fridge freezer and washing machine, double glazed window, Composite door leading to courtyard, wall mounted boiler and internal door to wet room.

Wet Room - Low level WC, pedestal washbasin and wet are with mains shower, tiled walls, double glazed window and chrome ladder style radiator.

Bedroom 1 - 4.01 x 3.58 into alcove (13'1" x 11'8" into alcove - Double glazed window to front and radiator.

Bedroom 2 - 4.04 x 2.42 (13'3" x 7'11") - Double glazed window to front and radiator.

Bedroom 3 - 4.04 x 2.96 into alcove (13'3" x 9'8" into alcove) - Double glazed window to rear and radiator.

Outside - Courtyard to the rear with remote control roller shutter access door.

Council Tax Band - The Council Tax Band is Band A.

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

Important Notice - Particulars - 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.

Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk

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

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, Sunderland

0191 625 1058

Next Steps?

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