3 Bed Terraced House, Single Let, Sunderland, SR3 1BS, £90,000

Somerset Street, Sunderla, SR3 1BS - 11 days ago

BTL
ROI: 13%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£45K - £295K
Sold Prices/m²£588/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£109,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£595 - £1,550

Rent Estimate

£750

Running Costs/mo

£451

Cashflow/mo

£299

Cashflow/yr

£3,585

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £45K to £295K, average is £131.5K. £588/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£80K09/230.01 mi17, Somerset Street, Sunderland, Tyne And Wear SR3 1BS3
£70K01/230.03 mi71, Warwick Terrace, Sunderland, Tyne And Wear SR3 1BP3
£145K08/230.07 mi22, Westgate Avenue, Sunderland, Tyne And Wear SR3 1BD3
£105K06/210.1 mi14, Chelmsford Street, Sunderland, Tyne And Wear SR3 1BJ3
£224.9K08/230.12 mi8, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£166K12/200.12 mi20, Essex Grove, Sunderland, Tyne And Wear SR3 1BG3
£45K11/220.15 mi7, The Crescent, New Silksworth, Sunderland, Tyne And Wear SR3 1DB3
£134.9K03/210.18 mi42, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£147K04/230.18 mi4, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£126.5K07/210.18 mi17, Sunnybrow, Sunderland, Tyne And Wear SR3 1DG3
£68.5K08/230.18 mi3, Wilson Terrace, Sunderland, Tyne And Wear SR3 1EA3
£142.5K06/210.21 mi67, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£130K03/210.21 mi54, Sunnybrow, Sunderland, Tyne And Wear SR3 1DQ3
£185K02/230.22 mi19, Devon Drive, Sunderland, Tyne And Wear SR3 1LB3
£127K04/230.23 mi54, Mary Street, New Silksworth, Sunderland, Tyne And Wear SR3 1HD3
£61K10/200.25 mi7, George Street East, Sunderland, Tyne And Wear SR3 1HG3
£115K04/210.26 mi7, Byers Court, Sunderland, Tyne And Wear SR3 1AX3
£50K11/210.29 mi16, Seaham Street, Sunderland, Tyne And Wear SR3 1EX3
£153K07/230.33 mi61, Scarborough Road, Sunderland, Tyne And Wear SR3 1LD3
£107K06/210.34 mi45, Scarborough Road, Sunderland, Tyne And Wear SR3 1LD3
£150K02/230.36 mi5, Athol Grove, Sunderland, Tyne And Wear SR3 1ES3
£180K03/210.37 mi6, Hawthorn Avenue, Sunderland, Tyne And Wear SR3 1DU3
£210K08/230.38 mi86, Nursery Road, Sunderland, Tyne And Wear SR3 1NU3
£185K07/210.38 mi4, Ski View, Sunderland, Tyne And Wear SR3 1NW3
£225K01/230.39 mi83, Nursery Road, Sunderland, Tyne And Wear SR3 1NU3
£90K03/230.39 mi14, Wynyard Street, Sunderland, Tyne And Wear SR3 1ER3
£155K11/210.39 mi43, Cavendish Place, Sunderland, Tyne And Wear SR3 1JW3
£133K12/200.41 mi12, Southwold Gardens, Sunderland, Tyne And Wear SR3 1LG3
£122.5K02/210.41 mi2, Southwold Gardens, Sunderland, Tyne And Wear SR3 1LG3
£175K08/230.41 mi33, Vicarage Close, Sunderland, Tyne And Wear SR3 1JF3
£90K03/210.42 mi9, Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear SR3 1HH3
£82K05/210.42 mi18, Castlereagh Street, Sunderland, Tyne And Wear SR3 1HJ3
£112.5K03/230.44 mi5, Edward Street, Silksworth, Sunderland, Tyne And Wear SR3 1EW3
£255K01/230.45 mi57, Ski View, Sunderland, Tyne And Wear SR3 1NP3
£295K01/230.46 miHalcyon, Silksworth Lane, New Silksworth, Sunderland, Tyne And Wear SR3 1AQ3
£101K02/210.47 mi14, Silksworth Terrace, Sunderland, Tyne And Wear SR3 2AX3
£105K11/220.47 mi10, Silksworth Terrace, Silksworth, Sunderland, Tyne And Wear SR3 2AT3
£102.5K11/200.48 mi5, Lilac Avenue, New Silksworth, Sunderland, Tyne And Wear SR3 1DP3
£182K12/200.49 mi18, Nursery Road, Sunderland, Tyne And Wear SR3 1NX3
£230K03/230.49 mi17, Nursery Road, Sunderland, Tyne And Wear SR3 1NX3
£116K12/200.5 mi123, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£130K11/200.5 mi112, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£125K04/210.5 mi102, Vicarage Close, Sunderland, Tyne And Wear SR3 1JE3
£200K07/230.5 mi12, Baldersdale Gardens, Sunderland, Tyne And Wear SR3 1PU3
£85K05/210.52 mi32, Perth Road, Sunderland, Tyne And Wear SR3 1TB3
£209.9K08/230.53 mi41, St Christophers Road, Sunderland, Tyne And Wear SR3 1NS3
£205K05/230.53 mi35, St Christophers Road, Sunderland, Tyne And Wear SR3 1NS3
£180K11/200.53 mi53, St Christophers Road, Sunderland, Tyne And Wear SR3 1NS3
£171K07/210.53 mi29, St Christophers Road, Sunderland, Tyne And Wear SR3 1NS3
£94K08/210.53 mi15, Quarry Street, Sunderland, Tyne And Wear SR3 2DR3

Local Rents

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

RentDateDistanceAddressBeds 
£65009/240.01 miSomerset Street, Sunderland, Tyne and Wear, SR33
£72509/230.08 mi-3
£75009/240.44 miEdward Street, Sunderland, Tyne And Wear, SR33
£72509/240.47 miSilksworth Terrace, Sunderland3
£75002/250.49 mi-3
£75009/240.54 miLord Street, Sunderland, Tyne And Wear, SR33
£70004/240.54 mi-3
£95009/240.61 miCamberley Close, Tunstall3
£75009/240.66 miPlains Road, Plains Farm, Sunderland , SR33
£72509/240.7 mi1 Paisley Square, Sunderland3
£85003/250.7 mi-3
£69509/240.76 miArden Square, Farringdon, Sunderland South, SR3 3
£95009/240.79 miLeechmere Road, Tunstall, Sunderland3
£1,55005/240.79 mi-3
£1,35009/240.85 miRidgeway Crescent, Ashbrooke3
£89503/250.96 mi-3
£59510/241 mi-3
£78511/241.03 mi-3
£82502/251.03 mi-3
£80009/241.09 mi-3
£65009/231.14 mi-3
£75007/241.18 mi-3
£1,00009/241.22 miMount Road, High Barnes, Sunderland3

Local Area Statistics

Population in SR3

38,306

Population in Sunderland

183,740

Town centre distance

1.74 miles away

Nearest school

0.40 miles away

Nearest train station

1.66 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £90,000

March 19, 2025

Floor Plans

Description

  • Excellent Buy to Let Property +
  • Refurbished throughout +
  • Fully Compliant +
  • Three bedrooms +
  • Two reception rooms +
  • Bathroom/WC with shower +
  • Fitted Kitchen +

*Being sold as a going concern with an excellent tenant in situ* Super three bedroom terraced house with two reception rooms, fitted kitchen, downstairs bathroom/WC with shower.

Good size garden to the rear enclosed at the front. Recently refurbished.

Three bedroom properties of this standard in this area let out typically from £750.00 pcm up to £850.00 pcm.

The property is fully compliant and has a tenant in situ who would like to stay on.

Excellent purchase for a buy to let landlord / investor with no void period start earning as soon as you complete.

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

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