3 Bed Terraced House, Single Let, Sunderland, SR3 2AD, £120,000

Tunstall Village Road, Silksworth, Sunderland, SR3 2AD - 17 days ago

BTL
ROI: 5%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£50K - £224.9K
Sold Prices/m²£588/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£123,633
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£595 - £1,550

Rent Estimate

£673

Running Costs/mo

£530

Cashflow/mo

£143

Cashflow/yr

£1,721

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £50K to £224.9K, average is £125K. £588/m² to £3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£101K02/210.06 mi14, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX3
£90K03/210.06 mi9, Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear SR3 1HH3
£82K05/210.07 mi18, Castlereagh Street, Sunderland, Tyne And Wear SR3 1HJ3
£65K01/210.08 mi27, Lord Street, Sunderland, Tyne And Wear SR3 2DY3
£66K11/200.09 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£66K11/200.09 mi2, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£70K02/210.09 mi8, Lord Street, Sunderland, Tyne And Wear SR3 2DX3
£125K04/210.1 mi20, Park Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 2EF3
£75K03/210.1 mi46, Lord Street, Sunderland, Tyne And Wear SR3 2DY3
£94K08/210.13 mi15, Quarry Street, Sunderland, Tyne And Wear SR3 2DR3
£130K06/230.15 mi7, Davison Avenue, Sunderland, Tyne And Wear SR3 2EJ3
£105K11/220.17 mi10, Silksworth Terrace, Silksworth, Sunderland, Tyne And Wear SR3 2AT3
£180K12/210.18 mi75, Cambridge Road, Sunderland, Tyne And Wear SR3 2DG3
£125K07/230.19 mi42, Orr Avenue, Sunderland, Tyne And Wear SR3 2EN3
£93K06/210.19 mi22, Hill Street, Sunderland, Tyne And Wear SR3 2DW3
£102.5K11/200.22 mi5, Lilac Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 1DP3
£135K02/210.22 mi45, Cambridge Road, Sunderland, Tyne And Wear SR3 2DQ3
£61K10/200.23 mi7, George Street East, Sunderland, Tyne And Wear SR3 1HG3
£50K11/210.23 mi16, Seaham Street, Sunderland, Tyne And Wear SR3 1EX3
£180K03/210.23 mi6, Hawthorn Avenue, Sunderland, Tyne And Wear SR3 1DU3
£115K04/210.24 mi7, Byers Court, Sunderland, Tyne And Wear SR3 1AX3
£127K04/230.25 mi54, Mary Street, New Silksworth, Sunderland, Tyne And Wear SR3 1HD3
£112.5K03/230.25 mi5, Edward Street, Silksworth, Sunderland, Tyne And Wear SR3 1EW3
£90K03/230.26 mi14, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER3
£149.9K02/230.28 mi9, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ3
£150K02/230.28 mi5, Athol Grove, Sunderland, Tyne And Wear SR3 1ES3
£68.5K08/230.31 mi3, Wilson Terrace, Sunderland, Tyne And Wear SR3 1EA3
£205K11/220.32 mi15, Goathland Drive, Sunderland, Tyne And Wear SR3 2BZ3
£185K02/230.34 mi19, Devon Drive, Sunderland, Tyne And Wear SR3 1LB3
£195K01/230.37 mi1, Aspley Close, Sunderland, Tyne And Wear SR3 2ES3
£182K03/210.37 mi19, Bracknell Close, Sunderland, Tyne And Wear SR3 2DE3
£215K06/210.4 mi5, Runswick Close, Sunderland, Tyne And Wear SR3 2YG3
£155K11/210.41 mi43, Cavendish Place, Sunderland, Tyne And Wear SR3 1JW3
£224.9K08/230.42 mi8, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£166K12/200.42 mi20, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£145K08/230.44 mi22, Westgate Avenue, Sunderland, Tyne And Wear SR3 1BD3
£70K01/230.45 mi71, Warwick Terrace, Sunderland, Tyne And Wear SR3 1BP3
£116K12/200.45 mi123, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£130K11/200.45 mi112, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£125K04/210.45 mi102, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£132K02/210.46 mi9, Lawnhead Square, Sunderland, Tyne And Wear SR3 2TG3
£80K09/230.46 mi17, Somerset Street, Sunderland, Tyne And Wear SR3 1BS3
£175K08/230.49 mi33, Vicarage Close, Sunderland, Tyne And Wear SR3 1JF3
£142.5K06/210.5 mi67, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£130K03/210.5 mi54, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£105K06/210.51 mi14, Chelmsford Street, Sunderland, Tyne And Wear SR3 1BJ3
£134.9K03/210.52 mi42, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£147K04/230.52 mi4, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£126.5K07/210.52 mi17, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£107K06/210.53 mi45, Scarborough Road, Sunderland, Tyne And Wear SR3 1LD3

Local Rents

20 rents from £595/mo to £1.6K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75001/250.06 mi-3
£72509/240.06 miSilksworth Terrace, Sunderland3
£75009/240.08 miLord Street, Sunderland, Tyne And Wear, SR33
£70004/240.08 mi-3
£75009/240.25 miEdward Street, Sunderland, Tyne And Wear, SR33
£1,55005/240.32 mi-3
£95009/240.35 miCamberley Close, Tunstall3
£65009/240.46 miSomerset Street, Sunderland, Tyne and Wear, SR33
£72509/230.51 mi-3
£80009/240.73 mi-3
£75007/240.82 mi-3
£1,15010/240.98 mi-3
£69509/240.99 miArden Square, Farringdon, Sunderland South, SR3 3
£95009/241.04 miLeechmere Road, Tunstall, Sunderland3
£72509/241.08 miAttlee Grove, Sunderland3
£75009/241.14 miPlains Road, Plains Farm, Sunderland , SR33
£72509/241.17 mi1 Paisley Square, Sunderland3
£59510/241.18 mi-3
£85003/251.18 mi-3
£1,35009/241.23 miRidgeway Crescent, Ashbrooke3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

2.21 miles away

Nearest school

0.10 miles away

Nearest train station

2.02 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £120,000

March 18, 2025

Description

  • End Link House +
  • 3 Bedrooms +
  • Living Room +
  • Kitchen / Dining Room +
  • No Chain Involved +
  • Viewing Advised +
  • Excellent Property +
  • EPC Rating: C +

This 3 bedroomed end link house is available with NO ONWARD CHAIN situated on Londonderry Mews in Silksworth that is likely to appeal to a wide variety of purchasers being close to local shops, schools and amenities as well as Doxford International Business Park and Sunderland City Centre a short distance away. The property briefly comprises of Entrance Hall, WC, Living Room, Kitchen / Dining Room and to the First Floor 3 Bedrooms and Bathroom. Externally there is a front garden and a rear paved garden / courtyard that provides off street parking. Viewing of this property is highly recommended.

Entrance Hall - Tiled floor.

Wc - Low level WC, wash hand basin with mixer tap sat on a vanity unit, double glazed window.

Living Room - 4.57 x 4.68 (14'11" x 15'4") - The living room has a double glazed window, double radiator, and an additional radiator, stairs to the first floor, laminate floor.

Kitchen / Dining Room - 4.69 x 3.50 (15'4" x 11'5") - The kitchen has a range of floor and wall units, tiled splashback, wall mounted gas central heating boiler, double glazed windows, double glazed french doors to the garden, double radiator, oven, gas hob with extractor over, laminate floor.

First Floor - Landing, loft access.

Bedroom 1 - 4.67 max x 2.95 max (15'3" max x 9'8" max ) - Front facing, 2 double glazed windows, double radiator, storage cupboard.

Bedroom 2 - 3.25 x 2.73 (10'7" x 8'11") - Rear facing, double glazed window, radiator.

Bedroom 3 - 1.83 x 2.27 (6'0" x 7'5") - Rear facing, double glazed window, radiator.

Bathroom - White suite comprising of a low level WC, pedestal basin with mixer tap, bath with mixer tap and a shower attachment, extractor, radiator, tiled floor.

Externally - Externally there is a front garden and a rear paved garden / courtyard that provides off street 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

Agent Details

Michael Hodgson, Sunderland

0191 625 0998

Next Steps?

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