2 Bed Terraced House, Single Let, Sunderland, SR6 0NJ, £120,000

Horatio Street, Roker, Sunderland, SR6 0NJ - 2 views - a month ago

BTL
ROI: 7%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£79K - £240K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£141,784
BMV18%

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

£700 - £2,000

Rent Estimate

£750

Running Costs/mo

£545

Cashflow/mo

£205

Cashflow/yr

£2,460

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £79K to £240K, average is £131.3K. £1.1K/m² to £3.5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£116K01/230.05 mi46, Horatio Street, Sunderland, Tyne And Wear SR6 0NJ2
£120K02/240.09 mi26, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2
£114K09/230.09 mi38, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2
£125K01/210.11 mi7, Hartington Street, Sunderland, Tyne And Wear SR6 0LE2
£127.5K10/200.12 mi80, Hartington Street, Sunderland, Tyne And Wear SR6 0LJ2
£161.4K12/230.12 mi80, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LJ2
£125K06/210.16 mi52, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£115K02/230.16 mi47, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£133K10/210.16 mi6, Coniscliffe Place, Sunderland, Tyne And Wear SR6 0HN2
£130K11/210.16 mi21, Coniscliffe Place, Sunderland, Tyne And Wear SR6 0HN2
£82.5K04/210.17 mi37, Roker Baths Road, Sunderland, Tyne And Wear SR6 9SL2
£157.5K06/210.18 mi33, Haven Court, Sunderland, Tyne And Wear SR6 0RL2
£156K09/230.19 mi8, Beatrice Street, Sunderland, Tyne And Wear SR6 0JN2
£145K03/210.21 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£147K06/210.21 mi16, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£155K04/240.21 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£190K03/240.22 mi21, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£120K09/230.22 mi19, Forster Street, Sunderland, Tyne And Wear SR6 0JU2
£152K04/240.23 mi15, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£207K05/230.24 mi26, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA2
£105K11/200.25 mi26, Bright Street, Sunderland, Tyne And Wear SR6 0JQ2
£115K09/230.25 mi10, Bright Street, Sunderland, Tyne And Wear SR6 0JQ2
£137K04/210.25 mi16, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£138K09/210.26 mi26, Mulgrave Drive, Sunderland, Tyne And Wear SR6 0QB2
£137.5K08/230.26 mi88, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£126K02/240.26 mi105, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£136K07/240.26 mi89, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£105K12/230.26 mi43, Gladstone Street, Sunderland, Tyne And Wear SR6 0HZ2
£100K06/210.26 mi4, Barbary Drive, Sunderland, Tyne And Wear SR6 0RB2
£130K01/240.27 mi31, Dinsdale Road, Roker, Sunderland, Tyne And Wear SR6 9TF2
£147K12/200.29 mi11, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£169.5K03/230.29 mi1, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£142K07/230.29 mi2, Topcliff, Sunderland, Tyne And Wear SR6 0QD2
£130K08/230.29 mi1, Topcliff, Sunderland, Tyne And Wear SR6 0QD2
£130K08/230.29 mi1, Topcliff, Sunderland, Tyne And Wear SR6 0QD2
£120K02/230.29 mi21, Kingston Terrace, Sunderland, Tyne And Wear SR6 9QJ2
£79K09/230.3 mi30, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£86K08/240.3 mi18, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£140K09/230.31 mi10, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£132.5K11/230.31 mi33, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£85.8K03/210.32 mi2, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL2
£240K08/230.34 mi20, Kenton Grove, Sunderland, Tyne And Wear SR6 0HH2
£130K03/240.35 mi46, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£150K12/200.36 mi22a, Ashberry Grove, Sunderland, Tyne And Wear SR6 0HU2
£186.1K10/230.36 mi3, Ashberry Grove, Sunderland, Tyne And Wear SR6 0HU2
£134.9K04/240.36 mi12, Duke Street North, Sunderland, Tyne And Wear SR6 9RD2
£100K02/210.38 mi12, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£94K04/230.38 mi44, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£220K12/200.39 mi28, Mansfield Crescent, Sunderland, Tyne And Wear SR6 9LH2
£233.6K05/240.4 mi13, Melrose Gardens, Sunderland, Tyne And Wear SR6 9LD2

Local Rents

19 rents from £700/mo to £2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£75009/240.08 miHartington Street, Sunderland, Tyne and Wear, SR62
£2,00011/240.1 mi-2
£1,75003/250.1 mi-2
£2,00011/240.1 mi-2
£2,00011/240.1 mi-2
£85009/240.12 miBeacon Drive, North Haven, Sunderland2
£70008/240.2 mi-2
£85004/250.24 mi-2
£75003/250.25 mi-2
£89002/240.25 mi-2
£87509/240.26 miLiddell Court, Sunderland2
£72509/240.28 miTopcliff2
£87509/240.29 miHallgarth Court, North Haven2
£95009/240.31 miRoker Terrace, Roker, Sunderland2
£95009/240.34 miAshberry Grove, Roker2
£85009/240.34 miRoker Terrace, Sunderland, Tyne and Wear, SR62
£95009/240.42 mi-2
£75003/250.53 mi-2
£99509/240.56 miLaburnum Road, Sunderland, SR62

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.18 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £120,000

March 25, 2025

Description

  • Spacious Mid Terraced Home +
  • Two Reception Rooms +
  • Two Bedrooms +
  • Enjoys Delightful Position for Easy Access to the Sea Front and Marina +
  • Contemporary Bathroom +
  • Generous Enclosed Courtyard to the Rear +
  • Popular Coastal Location +
  • Close to Many Local Amenities +
  • No Upward Chain +
  • Early Viewing is Essential +

A spacious two bedroom, two reception room mid terrace home, enjoying a delightful position for easy access to the sea front and marina. Internal accommodation comprises to the ground floor of a hall, two versatile reception rooms and a modern kitchen whilst to the first floor there are two bedrooms and a contemporary bathroom/wc. Externally there is a generous enclosed courtyard to the rear. Benefiting from gas central heating to radiators and UPVC double glazing. This location is ideal for local shops and schools, as well as transport connections. With immediate vacant possession and no upper chain involved, early viewing is essential!

Ground Floor - Access via UPVC entrance door.

Entrance Hall - Radiator and stairs to the first floor.

Lounge - 4.09 x 3.44 (13'5" x 11'3") - Double glazed window to the front and radiator.

Dining Room - 5.30 x 3.12 (17'4" x 10'2") - Double glazed window to the rear, radiator, feature fireplace and door to kitchen.

Kitchen - 2.51 x 1.86 (8'2" x 6'1") - Base units with work surfaces over incorporating a single bowl stainless steel sink and drainer unit, integrated appliances include an oven and hob, space has been provided for the inclusion of washing machine. Double glazed window to rear, radiator and UPVC door to rear.

First Floor Landing - Access hatch to loft.

Bedroom 1 - 4.94 x 3.44 (16'2" x 11'3") - Double glazed window to front, radiator, built in wardrobes, dresser and storage cupboard.

Bedroom 2 - 3.30 x 2.22 (10'9" x 7'3") - Double glazed window to rear, radiator, two storage cupboards.

Bathroom - Low level WC, washbasin and bath, walk in shower cubicle, chrome heated towel rail and radiator.

Outside - Low maintenance garden to the rear.

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 A.

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 Srd - To arrange an appointment to view this property contact our Sea Road 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, Fulwell

0191 607 1282

Next Steps?

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