4 Bed Detached House, Refurb/BRRR, Sunderland, SR4 0NP, £260,000

Southside Gardens, South Hylton, Sunderland, SR4 0NP - 10 days ago

Refurb/BRRR
~129 m²
+23 photos

ValuationOvervalued

Sold Prices£65K - £445K
Sold Prices/m²£833/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£176,375

 

 

End Value (After Refurb)

£198,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£49,601

Bridging Loan Interest

£6,825

Total Cash In

£137,876

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£198,000

Mortgage (After Refinance)

£148,500

Mortgage LTV

75%

Cash Left In

£137,876

Equity

£49,500

Rent Range

£675 - £995

Rent Estimate

£777

Running Costs/mo

£794

Cashflow/mo

£-17

Cashflow/yr

£-206

Gross Yield

4%

Local Sold Prices

50 sold prices from £65K to £445K, average is £256.3K. £833/m² to £3.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£295K06/210.17 mi2, Offerton Close, South Hylton, Sunderland, Tyne And Wear SR4 0QL4
£305K05/240.19 mi21, Albion Street, South Hylton, Sunderland, Tyne And Wear SR4 0NF4
£148.5K11/200.32 mi46, Dene View Crescent, Sunderland, Tyne And Wear SR4 0LP4
£132K05/230.48 mi524, St Lukes Road, Sunderland, Tyne And Wear SR4 0HE4
£245K07/230.51 mi23, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB4
£265K07/220.54 mi24, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB4
£130K08/210.69 mi41, Palgrove Road, Sunderland, Tyne And Wear SR4 8DX4
£320K06/210.89 mi9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX4
£320K06/210.91 mi9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX4
£287.5K04/220.92 mi124, The Broadway, Sunderland, Tyne And Wear SR4 8NX4
£305K09/210.93 mi20, Lulsgate, Sunderland, Tyne And Wear SR5 3JY4
£246K06/230.93 mi105, The Broadway, Sunderland, Tyne And Wear SR4 8PA4
£235K11/210.94 mi5, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY4
£245K10/200.94 mi7, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY4
£260K11/230.97 mi41, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ4
£162K11/200.97 mi2, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ4
£365K04/231 mi7, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR4
£242.5K02/211 mi3, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR4
£322.5K02/231 mi9, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR4
£255K07/211.01 mi2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£255K07/211.01 mi2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£275K03/221.01 mi17, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL4
£295K05/211.03 mi4, Lanark Close, Sunderland, Tyne And Wear SR4 8RL4
£299.9K06/211.03 mi20, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ4
£318K03/231.03 mi49, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ4
£240K06/231.04 mi49, Brockenhurst Drive, Sunderland, Tyne And Wear SR4 9NT4
£257.5K08/211.09 mi5, Nairn Close, Sunderland, Tyne And Wear SR4 8RN4
£150K09/231.11 mi70, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BP4
£262.5K05/241.11 mi18, Brierfield Grove, Sunderland, Tyne And Wear SR4 8LZ4
£283K05/211.12 mi1, Stirling Close, Sunderland, Tyne And Wear SR4 8RT4
£275K11/201.12 mi10, Stirling Close, Sunderland, Tyne And Wear SR4 8RT4
£325K04/211.12 mi11, Stirling Close, Sunderland, Tyne And Wear SR4 8RT4
£65K02/211.13 mi10, Alder Street, Sunderland, Tyne And Wear SR5 3BS4
£179K04/211.14 mi12, Cortina Avenue, Sunderland, Tyne And Wear SR4 8NE4
£195K07/231.22 mi1, Corry Court, Sunderland, Tyne And Wear SR4 8NQ4
£133K12/231.25 mi173, St Lukes Road, Sunderland, Tyne And Wear SR4 6PF4
£279K03/241.26 mi18, Woodland Drive, Sunderland, Tyne And Wear SR4 8QR4
£134K05/211.32 mi24, Springbank Road, Sunderland, Tyne And Wear SR3 4EF4
£139.9K11/201.37 mi20, Chiswick Road, Sunderland, Tyne And Wear SR5 3PY4
£260K04/231.45 mi20, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ4
£325K06/231.45 mi5, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ4
£154.9K03/211.48 mi20, Sackville Road, Sunderland, Tyne And Wear SR3 4DH4
£130K08/211.54 mi8, Ford Terrace, Sunderland, Tyne And Wear SR4 6LT4
£270K04/211.54 mi23, The Westlands, Sunderland, Tyne And Wear SR4 7RW4
£220K12/231.58 mi8, The Westlands, Sunderland, Tyne And Wear SR4 7RN4
£295K01/211.64 mi26, Kayll Road, Sunderland, Tyne And Wear SR4 7TW4
£153K01/241.65 mi48, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU4
£445K09/231.68 mi12, Lydcott, Washington, Tyne And Wear NE38 8TN4
£225K12/201.68 mi32, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ4
£225K03/211.68 mi30, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ4

Local Rents

23 rents from £675/mo to £995/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75011/240.13 mi-3
£70006/230.13 mi-3
£85009/240.3 miFord Avenue, South Hylton, Sunderland3
£75009/240.41 mi-3
£67509/240.46 miHylton Road, Pennywell, Sunderland South, SR4 3
£73503/250.58 mi-3
£80009/240.63 mi-3
£70009/240.66 mi-3
£91503/250.72 mi-3
£87509/240.85 miHevingham Close, Havelock Park, Sunderland, Tyne and Wear, SR43
£77509/241 miHaydon Square3
£67509/241.05 mi-3
£69511/241.05 mi-3
£75009/241.05 miGleneagles Road, Grindon, Sunderland3
£75009/241.06 mi-3
£78009/241.08 miErnwill Avenue, Sunderland, Tyne And Wear, SR53
£85009/241.1 miGoole Road, Sunderland, SR43
£85009/241.1 mi-3
£75001/251.13 mi-3
£75012/241.13 mi-3
£70009/241.14 mi-3
£80003/251.16 mi-3
£99509/241.24 miCrosthwaite Grove, Sunderland, Tyne and Wear, SR54

Local Area Statistics

Population in SR4

41,794

Population in Sunderland

183,740

Town centre distance

1.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £260,000

March 21, 2025

Description

  • Beautifully Presented Detached Residence +
  • Modernised and Upgraded to Provide Superb Accommodation +
  • 4 Bedrooms +
  • 2 Modern Bathrooms +
  • Open Plan Lounge to Dining Room/Kitchen +
  • Generous Rear Gardens +
  • Popular and Convenient Location +
  • Close to Many Local Amenities +
  • Easy Access to the A19 and City Centre +
  • Viewing Highly Recommended +

This beautifully presented four bedroom detached house, has been subject to a significant programme of upgrading and modernisation to provide superb standard of accommodation. The property occupies a superb position, set back from the road within this popular development. Internally the impressive accommodation includes a hall with staircase to the first floor, an attractive lounge to the front and a fabulous open plan dining kitchen to the rear, fitted with an excellent range of stylish units. From the kitchen there is access to a useful utility, fitted with matching units and there is a cloakroom/wc. To the first floor there is a master bedroom with a contemporary en-suite shower room/wc, three further bedrooms and a modern family bathroom/wc. Externally there is a garden to the front with a driveway, an integral garage and to the rear a delightful garden. Features of the property includes central heating to radiators, and double glazed windows. The property is ideally located for access to local amenities, shops and schools as well as offering excellent transport connections with South Hylton Metro Station and links to major road networks including the A19. We highly advise viewing to appreciate the quality of accommodation on offer.

Ground Floor - Access via UPVC entrance door.

Entrance Hall - Stairs to the first floor with storage under, radiator and doors to the lounge and kitchen.

Lounge - 4.87 x 3.19 (15'11" x 10'5") - Double glazed window to the front elevation, radiator, feature fireplace and double doors opening into dining room.

Dining Room - 2.97 x 2.89 (9'8" x 9'5") - Double glazed UPVC French doors to the garden, vertical radiator and the room opens into the kitchen.

Kitchen - 3.08 x 2.89 (10'1" x 9'5") - Range of contemporary units with counter tops over incorporating a 1 1/2 bowl stainless steel sink and drainer unit with mixer tap. Integrated appliances include an oven, gas hob, extractor fan and microwave, space has been provided for the inclusion of fridge freezer and dishwasher. Double glazed window to the rear and opening into utility.

Utility - 2.45 x 1.57 (8'0" x 5'1") - Contemporary units with wood effect counter tops over, space for washing machine and dryer. Wall mounted Baxi boiler, radiator, double glazed window and UPVC door to the rear.

Separate Wc - Low level WC, hand wash basin set into vanity unit, radiator and double glazed window.

First Floor Landing - Storage cupboard, radiator and access hatch to loft.

Bedroom 1 - 4.16 x 3.30 (13'7" x 10'9") - Two double glazed windows to the front elevation, radiator and built in storage cupboards. Door to en-suite.

En Suite Shower Room - Low level WC, hand wash basin set into vanity unit, walk in waterfall shower, chrome heated towel rail and double glazed window to the front.

Bedroom 2 - 3.24 x 2.58 (10'7" x 8'5") - Double glazed window to the rear and radiator.

Bedroom 3 - 3.07 x 2.41 (10'0" x 7'10") - Double glazed window to the rear and radiator.

Bedroom 4 - 2.65 x 2.11 (8'8" x 6'11" ) - Double glazed window to the rear and radiator.

Shower Room - Low level WC, hand wash basin set into vanity unit, walk in waterfall shower, chrome heated towel rail and double glazed window to the side.

Outside - Attractive garden to the front with driveway and garage with an electric charging point. Generous garden to the rear with block paved seating area.

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

Council Taxband - The Council Tax is Band C.

Important Notice - 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.

Viewings Fst - To arrange an appointment to view this property contact our Fawcett Street branch on .

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

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