3 Bed Terraced House, Single Let, Sunderland, SR5 2EF, £75,000

Freda Street, Sunderland, Tyne and Wear, SR5 2EF - 11 days ago

BTL
ROI: 14%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£49.8K - £170K
Sold Prices/m²£438/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£90,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£595 - £3,500

Rent Estimate

£661

Running Costs/mo

£387

Cashflow/mo

£274

Cashflow/yr

£3,293

ROI

14%

Gross Yield

11%

Local Sold Prices

52 sold prices from £49.8K to £170K, average is £93.5K. £438/m² to £2.2K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£78K07/210.04 mi31, Freda Street, Sunderland, Tyne And Wear SR5 2EF3
£95K11/210.05 mi24, Darwin Street, Sunderland, Tyne And Wear SR5 2EJ3
£50K04/240.06 mi27, Trinity Street, Sunderland, Tyne And Wear SR5 2EG3
£100K12/230.09 mi23, Broadsheath Terrace, Sunderland, Tyne And Wear SR5 2EW3
£100K03/230.12 mi35, Grosvenor Street, Sunderland, Tyne And Wear SR5 2DG3
£85K04/210.14 mi9, Burntland Avenue, Sunderland, Tyne And Wear SR5 2ES3
£82K04/210.26 mi17, Kingsley Close, Sunderland, Tyne And Wear SR5 2AP3
£86K05/210.27 mi29, Churchill Avenue, Sunderland, Tyne And Wear SR5 2LA3
£49.8K08/230.28 mi2, Kipling Street, Sunderland, Tyne And Wear SR5 2AT3
£120K02/230.31 mi30, Yewtree Avenue, Sunderland, Tyne And Wear SR5 5AT3
£71K09/210.34 mi38, Yewtree Avenue, Sunderland, Tyne And Wear SR5 5AT3
£120K08/230.35 mi72, Elmwood Avenue, Sunderland, Tyne And Wear SR5 5BG3
£170K07/210.35 mi25, Biddick Villas, Washington, Tyne And Wear NE38 7DT3
£113.5K06/210.35 mi15, Lumley Crescent, Houghton Le Spring, Tyne And Wear DH4 4TD3
£123K06/210.35 mi23, Acklam Avenue, Sunderland, Tyne And Wear SR2 9SH3
£121.5K02/210.38 mi38, Marley Crescent, Sunderland, Tyne And Wear SR5 5BL3
£125K08/220.38 mi40, Marley Crescent, Sunderland, Tyne And Wear SR5 5BL3
£74.5K01/230.4 mi139, Lichfield Road, Sunderland, Tyne And Wear SR5 2NX3
£78K01/210.43 mi67, Thompson Road, Sunderland, Tyne And Wear SR5 2JJ3
£118K01/240.45 mi83, Beaumont Street, Sunderland, Tyne And Wear SR5 2NH3
£90K07/230.5 mi24, Edinburgh Square, Sunderland, Tyne And Wear SR5 2RF3
£90K07/230.5 mi24, Edinburgh Square, Sunderland, Tyne And Wear SR5 2RF3
£60K04/230.53 mi86, Edward Burdis Street, Sunderland, Tyne And Wear SR5 2RU3
£100K02/240.53 mi23, Exmouth Street, Sunderland, Tyne And Wear SR5 2RE3
£100K02/240.53 mi23, Exmouth Street, Sunderland, Tyne And Wear SR5 2RE3
£168K07/230.54 mi6, Edison Court, Sunderland, Tyne And Wear SR5 2AY3
£130K02/230.56 mi63, Ramsgate Road, Sunderland, Tyne And Wear SR5 5PE3
£62K07/230.57 mi16, Waterbury Close, Sunderland, Tyne And Wear SR5 5SY3
£75K12/220.58 mi15, Whitchurch Road, Sunderland, Tyne And Wear SR5 5SX3
£94K02/230.58 mi2, Redcar Square, Sunderland, Tyne And Wear SR5 5PY3
£82K11/200.58 mi6, Manx Square, Sunderland, Tyne And Wear SR5 2NR3
£140K02/230.59 mi61, Raleigh Road, Sunderland, Tyne And Wear SR5 5RB3
£132K11/210.62 mi22, Wentbridge, Sunderland, Tyne And Wear SR5 5TF3
£130K03/230.62 mi29, Wentbridge, Sunderland, Tyne And Wear SR5 5TF3
£99K01/230.62 mi11, Palermo Street, Sunderland, Tyne And Wear SR4 6TH3
£89.7K10/210.63 mi8, Wiltshire Road, Sunderland, Tyne And Wear SR5 5SD3
£132K01/230.63 mi24, Raleigh Road, Sunderland, Tyne And Wear SR5 5RD3
£75K03/210.65 mi32, Raleigh Road, Sunderland, Tyne And Wear SR5 5RD3
£68K01/210.66 mi15, Ancona Street, Sunderland, Tyne And Wear SR4 6TJ3
£63K06/210.66 mi18, Ancona Street, Sunderland, Tyne And Wear SR4 6TJ3
£127K10/230.66 mi69, Redcar Road, Sunderland, Tyne And Wear SR5 5PZ3
£105K08/210.67 mi47, Renfrew Road, Sunderland, Tyne And Wear SR5 5PT3
£150K11/200.67 mi7, Middleham Court, Sunderland, Tyne And Wear SR5 5HQ3
£153.5K06/210.67 mi17, Middleham Court, Sunderland, Tyne And Wear SR5 5HQ3
£93K11/200.67 mi28, Eversley Crescent, Sunderland, Tyne And Wear SR5 2QJ3
£59K12/230.67 mi1, Finsbury Street, Sunderland, Tyne And Wear SR5 1HL3
£81K04/210.68 mi19, Rosyth Square, Sunderland, Tyne And Wear SR5 5LD3
£97.5K05/210.69 mi8, Whitchurch Close, Sunderland, Tyne And Wear SR5 5ST3
£69.5K07/230.71 mi14, Wiltshire Close, Sunderland, Tyne And Wear SR5 5RT3
£90K11/210.71 mi18, Wessex Close, Sunderland, Tyne And Wear SR5 5SN3
£53K02/210.73 mi29, Merle Terrace, Sunderland, Tyne And Wear SR4 6SD3
£80K03/210.75 mi32, Runnymede Road, Sunderland, Tyne And Wear SR5 5QD3

Local Rents

40 rents from £595/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75009/240.06 miTrinity Street, Sunderland. SR65 2EG3
£59512/240.45 mi-3
£95009/240.57 miWellington Park, Sunderland, SR53
£95009/240.57 miLaing Close, Sunderland, SR53
£1,06009/240.57 miWellington Park, Sunderland, SR53
£76512/240.57 mi-3
£1,07509/240.6 miRawson Close, Sunderland, SR53
£96009/240.6 miRawson Close, Sunderland, SR53
£96009/240.6 miRawson Close, Sunderland, SR53
£2,80003/250.62 mi-3
£60003/250.67 mi-3
£70012/240.69 mi-3
£70012/240.69 mi-3
£1,95009/240.7 mi-3
£1,95010/240.7 mi-3
£1,95010/240.7 mi-3
£75007/240.7 mi-3
£69509/240.72 miEastbourne Square, Sunderland, Tyne And Wear, SR53
£65009/240.72 miWoolwich Road, Sunderland. SR5 5SH3
£75003/250.8 mi-3
£92501/250.81 mi-3
£75003/250.82 mi-3
£99509/240.93 miNewcastle Road, Sunderland, SR53
£75009/240.95 miWareness Street, Pallion, Sunderland3
£75009/240.97 miDevonshire Street, Monkwearmouth3
£72509/240.98 miCromwell Street, Sunderland, SR43
£80011/231.02 mi-3
£85012/241.02 mi-3
£3,50003/251.02 mi-3
£85009/241.02 miWarwick Street, Sunderland, Tyne and Wear, SR53
£85003/251.04 mi-3
£89509/241.04 miHazledene Terrace, Pallion, Sunderland, Tyne and Wear, SR4 6NA3
£70009/241.08 miBlackett Terrace, Millfield, Sunderland3
£1,20003/251.09 mi-3
£89503/251.12 mi-3
£80009/241.13 mi-3
£76512/241.13 mi-3
£2,50003/251.18 mi-3
£79509/241.21 miSandringham Road, Sunderland, Tyne and Wear, SR6 9QZ3
£85009/241.22 mi-3

Local Area Statistics

Population in SR5

34,580

Population in Sunderland

183,740

Town centre distance

1.25 miles away

Nearest school

0.40 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £75,000

March 28, 2025

Floor Plans

Description

  • Three Bedroom Cottage +
  • Popular Location +
  • No Onward Chain +
  • EPC Grade D +
  • Council Tax Band A, Sunderland City Council +
  • 110m sq m/ 1184 sq ft Floor Area +

This dormer cottage is ideally situated close to major road links, making it a perfect investment opportunity or an excellent choice for first-time buyers.

The property offers a flexible layout with a welcoming entrance hall leading to lounge and dining room, ground floor bedroom, galley style kitchen and bathroom.

Upstairs, the property features two bedrooms

Externally, the cottage benefits from a rear yard, and on street parking to the front.

Southwick is a popular area due to its local amenities and transport links on offer. The Green has an array of shops and restaurants as well as regular bus services to the city centre. The A19 is also accessible via the A1231 for commuters to Durham and the A1. The Stadium of Light is also within the area.

We believe the property is Freehold

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.

SUN240768/2

Agent Details

YOUR MOVE Chris Stonock, Sunderland

0191 625 0175

Next Steps?

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