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





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£176,375 |
| |
End Value (After Refurb) | £198,000£198,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £65,000£65,000 |
Stamp Duty & Legal Fees | £14,700£14,700 |
Refurb Costs | £49,601£49,601 |
Bridging Loan Interest | £6,825£6,825 |
Total Cash In | £137,876£137,876 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £198,000£198,000 |
Mortgage (After Refinance) | £148,500£148,500 |
Mortgage LTV | 75%75% |
Cash Left In | £137,876£137,876 |
Equity | £49,500£49,500 |
Rent Range | £675 - £995£675 - £995 |
Rent Estimate | £777 |
Running Costs/mo | £794£794 |
Cashflow/mo | £-17£-17 |
Cashflow/yr | £-206£-206 |
Gross Yield | 4%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.
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£295K | 06/21 | 0.17 mi | 2, Offerton Close, South Hylton, Sunderland, Tyne And Wear SR4 0QL | £1,928 | 153 | 4 | Detached House | |
£305K | 05/24 | 0.19 mi | 21, Albion Street, South Hylton, Sunderland, Tyne And Wear SR4 0NF | - | - | 4 | Semi-Detached House | |
£148.5K | 11/20 | 0.32 mi | 46, Dene View Crescent, Sunderland, Tyne And Wear SR4 0LP | £1,326 | 112 | 4 | Semi-Detached House | |
£132K | 05/23 | 0.48 mi | 524, St Lukes Road, Sunderland, Tyne And Wear SR4 0HE | - | - | 4 | Semi-Detached House | |
£245K | 07/23 | 0.51 mi | 23, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB | £2,356 | 104 | 4 | Detached House | |
£265K | 07/22 | 0.54 mi | 24, Maling Park, South Hylton, Sunderland, Tyne And Wear SR4 0JB | - | - | 4 | Detached House | |
£130K | 08/21 | 0.69 mi | 41, Palgrove Road, Sunderland, Tyne And Wear SR4 8DX | £1,161 | 112 | 4 | Semi-Detached House | |
£320K | 06/21 | 0.89 mi | 9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX | £2,793 | 115 | 4 | Detached House | |
£320K | 06/21 | 0.91 mi | 9, Haggerstone Drive, Sunderland, Tyne And Wear SR5 3JX | £2,793 | 115 | 4 | Detached House | |
£287.5K | 04/22 | 0.92 mi | 124, The Broadway, Sunderland, Tyne And Wear SR4 8NX | - | - | 4 | Detached House | |
£305K | 09/21 | 0.93 mi | 20, Lulsgate, Sunderland, Tyne And Wear SR5 3JY | £2,163 | 141 | 4 | Detached House | |
£246K | 06/23 | 0.93 mi | 105, The Broadway, Sunderland, Tyne And Wear SR4 8PA | £1,500 | 164 | 4 | Semi-Detached House | |
£235K | 11/21 | 0.94 mi | 5, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY | - | - | 4 | Detached House | |
£245K | 10/20 | 0.94 mi | 7, Macmerry Close, Sunderland, Tyne And Wear SR5 3DY | £2,042 | 120 | 4 | Detached House | |
£260K | 11/23 | 0.97 mi | 41, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ | £2,281 | 114 | 4 | Detached House | |
£162K | 11/20 | 0.97 mi | 2, Tollerton Drive, Sunderland, Tyne And Wear SR5 3DQ | £2,077 | 78 | 4 | Semi-Detached House | |
£365K | 04/23 | 1 mi | 7, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR | - | - | 4 | Detached House | |
£242.5K | 02/21 | 1 mi | 3, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR | £1,370 | 177 | 4 | Detached House | |
£322.5K | 02/23 | 1 mi | 9, Dumfries Close, Sunderland, Tyne And Wear SR4 8RR | £2,216 | 146 | 4 | Detached House | |
£255K | 07/21 | 1.01 mi | 2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL | - | - | 4 | Detached House | |
£255K | 07/21 | 1.01 mi | 2, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL | - | - | 4 | Detached House | |
£275K | 03/22 | 1.01 mi | 17, Kirkwall Close, Sunderland, Tyne And Wear SR5 3DL | £2,147 | 128 | 4 | Detached House | |
£295K | 05/21 | 1.03 mi | 4, Lanark Close, Sunderland, Tyne And Wear SR4 8RL | £1,745 | 169 | 4 | Detached House | |
£299.9K | 06/21 | 1.03 mi | 20, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ | £2,819 | 106 | 4 | Detached House | |
£318K | 03/23 | 1.03 mi | 49, Sutherland Drive, Sunderland, Tyne And Wear SR4 8RJ | £1,988 | 160 | 4 | Detached House | |
£240K | 06/23 | 1.04 mi | 49, Brockenhurst Drive, Sunderland, Tyne And Wear SR4 9NT | £2,376 | 101 | 4 | Terraced House | |
£257.5K | 08/21 | 1.09 mi | 5, Nairn Close, Sunderland, Tyne And Wear SR4 8RN | £2,269 | 114 | 4 | Detached House | |
£150K | 09/23 | 1.11 mi | 70, Hadleigh Road, Sunderland, Tyne And Wear SR4 8BP | £1,648 | 91 | 4 | Semi-Detached House | |
£262.5K | 05/24 | 1.11 mi | 18, Brierfield Grove, Sunderland, Tyne And Wear SR4 8LZ | - | - | 4 | Semi-Detached House | |
£283K | 05/21 | 1.12 mi | 1, Stirling Close, Sunderland, Tyne And Wear SR4 8RT | £2,447 | 116 | 4 | Detached House | |
£275K | 11/20 | 1.12 mi | 10, Stirling Close, Sunderland, Tyne And Wear SR4 8RT | £2,391 | 115 | 4 | Detached House | |
£325K | 04/21 | 1.12 mi | 11, Stirling Close, Sunderland, Tyne And Wear SR4 8RT | £1,684 | 193 | 4 | Detached House | |
£65K | 02/21 | 1.13 mi | 10, Alder Street, Sunderland, Tyne And Wear SR5 3BS | £833 | 78 | 4 | Terraced House | |
£179K | 04/21 | 1.14 mi | 12, Cortina Avenue, Sunderland, Tyne And Wear SR4 8NE | - | - | 4 | Semi-Detached House | |
£195K | 07/23 | 1.22 mi | 1, Corry Court, Sunderland, Tyne And Wear SR4 8NQ | £1,773 | 110 | 4 | Semi-Detached House | |
£133K | 12/23 | 1.25 mi | 173, St Lukes Road, Sunderland, Tyne And Wear SR4 6PF | £1,494 | 89 | 4 | Semi-Detached House | |
£279K | 03/24 | 1.26 mi | 18, Woodland Drive, Sunderland, Tyne And Wear SR4 8QR | - | - | 4 | Bungalow | |
£134K | 05/21 | 1.32 mi | 24, Springbank Road, Sunderland, Tyne And Wear SR3 4EF | £1,426 | 94 | 4 | Semi-Detached House | |
£139.9K | 11/20 | 1.37 mi | 20, Chiswick Road, Sunderland, Tyne And Wear SR5 3PY | £1,157 | 121 | 4 | Semi-Detached House | |
£260K | 04/23 | 1.45 mi | 20, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ | £3,561 | 73 | 4 | Semi-Detached House | |
£325K | 06/23 | 1.45 mi | 5, Ettrick Grove, Sunderland, Tyne And Wear SR4 8PZ | - | - | 4 | Terraced House | |
£154.9K | 03/21 | 1.48 mi | 20, Sackville Road, Sunderland, Tyne And Wear SR3 4DH | - | - | 4 | Semi-Detached House | |
£130K | 08/21 | 1.54 mi | 8, Ford Terrace, Sunderland, Tyne And Wear SR4 6LT | £915 | 142 | 4 | Terraced House | |
£270K | 04/21 | 1.54 mi | 23, The Westlands, Sunderland, Tyne And Wear SR4 7RW | £1,609 | 168 | 4 | Terraced House | |
£220K | 12/23 | 1.58 mi | 8, The Westlands, Sunderland, Tyne And Wear SR4 7RN | - | - | 4 | Terraced House | |
£295K | 01/21 | 1.64 mi | 26, Kayll Road, Sunderland, Tyne And Wear SR4 7TW | £1,426 | 207 | 4 | Detached House | |
£153K | 01/24 | 1.65 mi | 48, Abingdon Street, Sunderland, Tyne And Wear SR4 7RU | - | - | 4 | Terraced House | |
£445K | 09/23 | 1.68 mi | 12, Lydcott, Washington, Tyne And Wear NE38 8TN | £2,380 | 187 | 4 | Detached House | |
£225K | 12/20 | 1.68 mi | 32, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ | £1,355 | 166 | 4 | Semi-Detached House | |
£225K | 03/21 | 1.68 mi | 30, Ewesley Road, Sunderland, Tyne And Wear SR4 7RJ | £1,424 | 158 | 4 | Terraced House |
Local Rents
23 rents from £675/mo to £995/mo, average is £750/mo.
Rent | Date | Distance | Address | Beds | Type | |
£750 | 11/24 | 0.13 mi | - | 3 | Semi-Detached House | |
£700 | 06/23 | 0.13 mi | - | 3 | Semi-Detached House | |
£850 | 09/24 | 0.3 mi | Ford Avenue, South Hylton, Sunderland | 3 | House | |
£750 | 09/24 | 0.41 mi | - | 3 | Semi-Detached House | |
£675 | 09/24 | 0.46 mi | Hylton Road, Pennywell, Sunderland South, SR4 | 3 | Detached House | |
£735 | 03/25 | 0.58 mi | - | 3 | Semi-Detached House | |
£800 | 09/24 | 0.63 mi | - | 3 | Semi-Detached House | |
£700 | 09/24 | 0.66 mi | - | 3 | Semi-Detached House | |
£915 | 03/25 | 0.72 mi | - | 3 | Semi-Detached House | |
£875 | 09/24 | 0.85 mi | Hevingham Close, Havelock Park, Sunderland, Tyne and Wear, SR4 | 3 | Semi-Detached House | |
£775 | 09/24 | 1 mi | Haydon Square | 3 | Semi-Detached House | |
£675 | 09/24 | 1.05 mi | - | 3 | Flat | |
£695 | 11/24 | 1.05 mi | - | 3 | Flat | |
£750 | 09/24 | 1.05 mi | Gleneagles Road, Grindon, Sunderland | 3 | Semi-Detached House | |
£750 | 09/24 | 1.06 mi | - | 3 | Semi-Detached House | |
£780 | 09/24 | 1.08 mi | Ernwill Avenue, Sunderland, Tyne And Wear, SR5 | 3 | Terraced House | |
£850 | 09/24 | 1.1 mi | Goole Road, Sunderland, SR4 | 3 | Terraced House | |
£850 | 09/24 | 1.1 mi | - | 3 | Terraced House | |
£750 | 01/25 | 1.13 mi | - | 3 | Terraced House | |
£750 | 12/24 | 1.13 mi | - | 3 | Terraced House | |
£700 | 09/24 | 1.14 mi | - | 3 | Terraced House | |
£800 | 03/25 | 1.16 mi | - | 3 | Terraced House | |
£995 | 09/24 | 1.24 mi | Crosthwaite Grove, Sunderland, Tyne and Wear, SR5 | 4 | Semi-Detached House |
Local Area Statistics
Population in SR4 | 41,79441,794 |
Population in Sunderland | 183,740183,740 |
Town centre distance | 1.32 miles away1.32 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.30 miles away0.30 miles away |
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Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +36%+36% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +17%+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.