3 Bed Terraced House, Cash/Bridging Only, Sunderland, SR2 8PR, £29,000

Canon Cockin Street, Sunderland, Tyne and Wear, SR2 8PR - 14 days ago

Auction
BTL
~93 m²

ValuationUndervalued

Sold Prices£40K - £510K
Sold Prices/m²£405/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£312/m²

Value Estimate

£35,670
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£7,250

Stamp Duty & Legal Fees

£2,650

Total Cash In

£9,900

 

 

Cash Out

 

Rent Range

£595 - £3,500

Rent Estimate

£0

Running Costs/mo

£111

Cashflow/mo

£-111

Cashflow/yr

£-1,327

Local Sold Prices

50 sold prices from £40K to £510K, average is £114K. £405/m² to £2.7K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£62K06/230.08 mi157, Canon Cockin Street, Sunderland, Tyne And Wear SR2 8PS3
£46K03/210.09 mi147, Hastings Street, Sunderland, Tyne And Wear SR2 8SL3
£140K08/210.16 mi49, Percy Terrace, Sunderland, Tyne And Wear SR2 8SF3
£144K12/200.25 mi75, Stratford Avenue, Sunderland, Tyne And Wear SR2 8RZ3
£165K06/230.25 mi87, Stratford Avenue, Sunderland, Tyne And Wear SR2 8RZ3
£240K09/210.25 mi2, Raglan Avenue, Sunderland, Tyne And Wear SR2 7TD3
£135K06/230.27 mi26, Cuba Street, Sunderland, Tyne And Wear SR2 8RU3
£120K05/230.27 mi13, Cuba Street, Sunderland, Tyne And Wear SR2 8RU3
£190K09/230.27 miMill House, Ryhope Road, Sunderland, Tyne And Wear SR2 7SZ3
£105K03/230.31 mi11, Beverley Road, Sunderland, Tyne And Wear SR2 9QH3
£335K02/210.31 mi8, The Sycamores, Sunderland, Tyne And Wear SR2 7UW3
£260K06/210.32 mi1, Wadsley Square, Sunderland, Tyne And Wear SR2 7UT3
£68.4K05/210.37 mi24, Guildford Street, Sunderland, Tyne And Wear SR2 8JQ3
£65.6K02/230.37 mi11, Tower Street West, Sunderland, Tyne And Wear SR2 8JY3
£140K06/210.37 mi76, Balmoral Terrace, Sunderland, Tyne And Wear SR2 9QG3
£72K08/210.37 mi35, Balmoral Terrace, Sunderland, Tyne And Wear SR2 9QG3
£216.5K11/200.39 mi8, Waldron Square, Sunderland, Tyne And Wear SR2 7UX3
£80K04/210.42 mi7, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£88K04/210.42 mi23, Athol Park, Sunderland, Tyne And Wear SR2 8BT3
£510K09/220.43 mi25, Sea View Road, Sunderland, Tyne And Wear SR2 7UP3
£110K11/200.43 mi8, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PE3
£73K01/230.43 mi2, Athol Road, Sunderland, Tyne And Wear SR2 8LQ3
£45K02/210.43 mi36, Athol Road, Sunderland, Tyne And Wear SR2 8LQ3
£245K03/210.43 mi11, Wynyard Square, Sunderland, Tyne And Wear SR2 7UY3
£96K12/200.45 mi25, Grange Street South, Sunderland, Tyne And Wear SR2 9QS3
£145K01/210.46 mi22, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9PD3
£80K12/220.47 mi67, Gray Road, Sunderland, Tyne And Wear SR2 8BW3
£125K11/200.48 mi43, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9NX3
£150K06/210.48 mi27, Queen Alexandra Road, Sunderland, Tyne And Wear SR2 9NX3
£40K01/210.48 mi29, Noble Street, Sunderland, Tyne And Wear SR2 8LU3
£50K07/210.48 mi44, Noble Street, Sunderland, Tyne And Wear SR2 8LU3
£51.5K04/230.48 mi18, Noble Street, Sunderland, Tyne And Wear SR2 8LU3
£73K02/210.49 mi14, Margaret Street, Sunderland, Tyne And Wear SR2 9SB3
£155K07/230.51 mi26, Woodstock Avenue, Sunderland, Tyne And Wear SR2 9NT3
£86K09/210.53 mi131, Gray Road, Sunderland, Tyne And Wear SR2 8BJ3
£100K05/210.53 mi121, Gray Road, Sunderland, Tyne And Wear SR2 8BJ3
£65K01/210.53 mi155, Gray Road, Sunderland, Tyne And Wear SR2 8BJ3
£118K04/230.53 mi15, Westheath Avenue, Sunderland, Tyne And Wear SR2 9NR3
£95K02/230.54 mi139, Gray Road, Sunderland, Tyne And Wear SR2 8BJ3
£175K02/210.55 mi49, Victoria Avenue West, Sunderland, Tyne And Wear SR2 9PQ3
£97K12/200.56 mi5, Aysgarth Avenue, Sunderland, Tyne And Wear SR2 9RT3
£97K12/200.56 mi4, Kitchener Terrace, Sunderland, Tyne And Wear SR2 9RR3
£108K08/230.58 mi5, Crossby Court, Sunderland, Tyne And Wear SR2 8BX3
£247K03/210.59 mi24, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£219K04/210.59 mi18, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£250K05/210.59 mi45, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£259.9K06/210.59 mi2a, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£251K05/210.59 mi2, Nilverton Avenue, Sunderland, Tyne And Wear SR2 7TS3
£102K10/200.59 mi20, St Aidans Avenue, Sunderland, Tyne And Wear SR2 9SF3
£160K05/210.62 mi12, Leominster Road, Sunderland, Tyne And Wear SR2 9HG3

Local Rents

12 rents from £595/mo to £3.5K/mo, average is £715/mo.

RentDateDistanceAddressBeds 
£79501/250.09 mi-3
£65009/240.19 mi-3
£59501/250.19 mi-3
£65001/250.19 mi-3
£65009/240.19 miSaint Leonard Street, Sunderland, SR23
£3,50003/250.27 mi-3
£70012/240.37 mi-3
£73003/250.43 mi-3
£85009/240.43 miGrange Street South, Sunderland, Tyne and Wear, SR23
£87504/250.49 mi-3
£70009/240.55 miOswald Terrace, Grangetown, Sunderland3
£82509/240.57 mi-3

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

2.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £29,000

March 26, 2025

Floor Plans

Description

  • Modern Method Auction +
  • Three Bedrooms +
  • In Need of Refurbishment +
  • Great Investment Opportunity +
  • Council Tax Band A, Sunderland City Council +
  • EPC Grade Awaited +

Terraced cottage located on Canon Cockin Street in the Hendon area. The property has been priced to sell and being sold via modern method of auction.

The accommodation is laid out over one floor and briefly comprises entrance hall, lounge, kitchen three bedrooms and bathroom.

Externally there is on street parking to the front and and enclosed rear yard.

Located in Hendon and situated close to Commercial Road/A1018, which leads to the A19 appealing to those who commute. An area which is close to Sunderland City Centre however offers an array of local amenities along Villette Road and with very good public transport links.

Freehold

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SUN250180/2

Agent Details

YOUR MOVE Chris Stonock, Sunderland

0191 625 0175

Next Steps?

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