2 Bed Bungalow, Single Let, Sunderland, SR4 7EG, £79,000

St. Marks Road, Sunderland, SR4 7EG - 12 days ago

BTL
ROI: 9%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£35K - £129.5K
Sold Prices/m²£534/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£75,862

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£450 - £1,995

Rent Estimate

£575

Running Costs/mo

£382

Cashflow/mo

£193

Cashflow/yr

£2,318

ROI

9%

Gross Yield

9%

Local Sold Prices

50 sold prices from £35K to £129.5K, average is £75K. £534/m² to £2.4K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£60K05/210.05 mi12, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£59.5K10/200.05 mi32, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£55K01/240.05 mi22, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£74K01/240.07 mi1, Rokeby Street, Sunderland, Tyne And Wear SR4 7EQ2
£53K02/210.07 mi4, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£66K01/210.07 mi1, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£63K02/240.07 mi27, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£65K05/210.11 mi32, Chester Terrace North, Sunderland, Tyne And Wear SR4 7AP2
£68K02/210.11 mi69, Hylton Street, Sunderland, Tyne And Wear SR4 7DG2
£53K02/210.11 mi5, Offerton Street, Sunderland, Tyne And Wear SR4 7EA2
£90K04/240.13 mi23, Harlow Street, Sunderland, Tyne And Wear SR4 7AR2
£86K03/220.16 mi8, Chester Crescent, Sunderland, Tyne And Wear SR1 3SH2
£110K07/220.17 mi15, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£105K09/230.19 mi12, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£105K09/230.19 mi11, The Leazes, Sunderland, Tyne And Wear SR1 3SW2
£45.5K03/210.19 mi14, Ailesbury Street, Sunderland, Tyne And Wear SR4 6EW2
£90K10/230.2 mi23, Howarth Street, Sunderland, Tyne And Wear SR4 7UT2
£75K02/210.21 mi30, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£65K06/230.21 mi33, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£62.5K12/200.21 mi28, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£60.5K02/230.21 mi31, Close Street, Sunderland, Tyne And Wear SR4 6EN2
£80K08/210.22 mi8, Franklin Street, Sunderland, Tyne And Wear SR4 6EX2
£71.5K10/210.22 mi39, Chester Mews, Sunderland, Tyne And Wear SR4 7HX2
£75K12/210.23 mi28, Franklin Street, Sunderland, Tyne And Wear SR4 6EX2
£95K08/210.27 mi115, Flint Road, Sunderland, Tyne And Wear SR4 6EG2
£70K10/220.27 mi10, Wharncliffe Street, Sunderland, Tyne And Wear SR1 3RG2
£64.6K01/210.27 mi34, Milburn Street, Sunderland, Tyne And Wear SR4 6AX2
£97K05/230.27 mi12, Hume Street, Sunderland, Tyne And Wear SR4 6HU2
£86K09/230.28 mi13, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£93.6K09/210.28 mi10, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£74K01/240.29 mi11, Dryborough Street, Sunderland, Tyne And Wear SR4 6BL2
£92K08/230.29 mi3, Vale Street, Sunderland, Tyne And Wear SR4 7NB2
£92K08/230.3 mi28, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£121K06/230.3 mi23, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£76K11/230.3 mi10, Violet Street, Sunderland, Tyne And Wear SR4 6AE2
£69K05/220.31 mi25, Gillhurst Grange, Sunderland, Tyne And Wear SR1 3QN2
£96K05/210.33 mi22, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF2
£80K02/210.33 mi3, Beachville Street, Sunderland, Tyne And Wear SR4 7NA2
£80K02/210.33 mi7, Walpole Court, Sunderland, Tyne And Wear SR4 6JH2
£35K03/240.34 mi20, Cirencester Street, Sunderland, Tyne And Wear SR4 6BP2
£90K01/210.34 mi11, Enderby Road, Sunderland, Tyne And Wear SR4 6BA2
£46K01/230.34 mi2, Kings Terrace, Sunderland, Tyne And Wear SR4 6HW2
£68K06/210.34 mi27, Lily Street, Sunderland, Tyne And Wear SR4 6AQ2
£123K06/230.34 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£78K12/200.34 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£113K10/210.37 mi17, Corning Road, Sunderland, Tyne And Wear SR4 6EE2
£120K11/230.4 mi28, Queens Crescent, Sunderland, Tyne And Wear SR4 7JN2
£129.5K08/210.4 mi9, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ2
£65K10/210.42 mi75, Neville Road, Sunderland, Tyne And Wear SR4 6PU2
£47K11/200.42 mi63, Neville Road, Sunderland, Tyne And Wear SR4 6PU2

Local Rents

37 rents from £450/mo to £2K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£65009/240.11 miChester Terrace North, Sunderland, Tyne and Wear, SR42
£77503/250.16 mi-2
£60010/230.17 mi-2
£67509/240.2 mi-2
£52509/240.24 miPickard Street, Millfield, Sunderland2
£75003/250.25 mi-2
£79509/240.26 mi-2
£75009/240.3 miSummerhill, Thornhill, Sunderland, SR22
£59501/250.31 mi-2
£65008/240.33 mi-2
£75009/240.35 mi-2
£75002/250.35 mi-2
£65009/240.35 miKings Terrace, Sunderland, Tyne and Wear, SR42
£68511/240.35 mi-2
£68511/240.35 mi-2
£85009/240.38 mi-2
£75009/240.39 miLeopold House, Albert Court, Sunderland, SR22
£69509/240.39 miAlbert Court, Royal Courts, Sunderland2
£1,99501/250.42 mi-2
£75008/240.43 mi-2
£75012/240.43 mi-2
£59509/240.49 mi-2
£62503/250.49 mi-2
£67509/240.5 miPallion Road, Sunderland, Tyne And Wear, SR42
£65009/240.51 miHighfield Place, Pallion, Sunderland2
£47509/240.51 mi-2
£49503/250.51 mi-2
£1,10002/250.53 mi-2
£71501/250.54 mi-2
£85002/250.54 mi-2
£80010/240.54 mi-2
£62503/250.56 mi-2
£59502/250.59 mi-2
£70009/240.6 mi-2
£70010/240.6 mi-2
£87512/240.62 mi-2
£45009/240.62 miArgyle Street, City Centre, Sunderland2

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

0.73 miles away

Nearest school

0.40 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £79,000

March 28, 2025

Listed for £81,000

March 19, 2025

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious room +
  • Good Condition +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom terraced bungalow located in Sunderland. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen and bathroom.

Investment details

It currently produces an annual gross income of £6,900 which the new owner could increase to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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