2 Bed Terraced House, Refurb/BRRR, Sunderland, SR6 9TF, £115,000

Dinsdale Road Roker, SR6 9TF - 3 views - 14 days ago

Refurb/BRRR
ROI: 7%
~68 m²
+7 photos

ValuationFair Value

Sold Prices£79K - £260K
Sold Prices/m²£1.1K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£116,150

 

 

End Value (After Refurb)

£128,281

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Refurb Costs

£26,073

Bridging Loan Interest

£3,019

Total Cash In

£66,541

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£128,281

Mortgage (After Refinance)

£96,211

Mortgage LTV

75%

Cash Released

£9,961

Cash Left In

£56,581

Equity

£32,070

Rent Range

£650 - £2,000

Rent Estimate

£1,014

Running Costs/mo

£624

Cashflow/mo

£390

Cashflow/yr

£4,684

ROI

7%

Gross Yield

11%

Local Sold Prices

49 sold prices from £79K to £260K, average is £134.9K. £1.1K/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£130K01/240 mi31, Dinsdale Road, Roker, Sunderland, Tyne And Wear SR6 9TF2
£155K04/240.12 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£147K06/210.12 mi16, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£145K03/210.12 mi14, Roker Park Close, Sunderland, Tyne And Wear SR6 9TN2
£152K04/240.13 mi15, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£220K12/200.14 mi28, Mansfield Crescent, Sunderland, Tyne And Wear SR6 9LH2
£86K08/240.15 mi18, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£79K09/230.15 mi30, Sandringham Terrace, Sunderland, Tyne And Wear SR6 9RA2
£233.6K05/240.15 mi13, Melrose Gardens, Sunderland, Tyne And Wear SR6 9LD2
£137K04/210.16 mi16, Promotion Close, Sunderland, Tyne And Wear SR6 9TW2
£82.5K04/210.17 mi37, Roker Baths Road, Sunderland, Tyne And Wear SR6 9SL2
£169.5K03/230.18 mi1, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£147K12/200.18 mi11, Goalmouth Close, Sunderland, Tyne And Wear SR6 9TR2
£161.4K12/230.18 mi80, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LJ2
£127.5K10/200.18 mi80, Hartington Street, Sunderland, Tyne And Wear SR6 0LJ2
£225K11/230.21 mi3, Moine Gardens, Sunderland, Tyne And Wear SR6 9LE2
£260K05/240.23 mi7, Malvern Gardens, Sunderland, Tyne And Wear SR6 9LB2
£94K04/230.24 mi44, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£100K02/210.24 mi12, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£156K09/230.24 mi8, Beatrice Street, Sunderland, Tyne And Wear SR6 0JN2
£134.9K04/240.24 mi12, Duke Street North, Sunderland, Tyne And Wear SR6 9RD2
£250K12/200.25 mi8, Merryfield Gardens, Sunderland, Tyne And Wear SR6 9LA2
£120K02/230.25 mi21, Kingston Terrace, Sunderland, Tyne And Wear SR6 9QJ2
£130K03/240.25 mi46, Sandringham Road, Sunderland, Tyne And Wear SR6 9QZ2
£85.8K03/210.26 mi2, Stranton Terrace, Sunderland, Tyne And Wear SR6 9QL2
£116K01/230.26 mi46, Horatio Street, Sunderland, Tyne And Wear SR6 0NJ2
£144K02/240.27 mi43, Enid Avenue, Sunderland, Tyne And Wear SR6 9LJ2
£120K02/240.28 mi26, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2
£114K09/230.28 mi38, Hartington Street, Roker, Sunderland, Tyne And Wear SR6 0LQ2
£207K05/230.29 mi26, Bloomfield Court, Sunderland, Tyne And Wear SR6 0RA2
£132.5K11/230.29 mi33, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£140K09/230.29 mi10, Moreland Street, Sunderland, Tyne And Wear SR6 9QN2
£125K06/210.3 mi52, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£115K02/230.3 mi47, Stansfield Street, Sunderland, Tyne And Wear SR6 0JY2
£136K07/240.31 mi89, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£137.5K08/230.31 mi88, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£126K02/240.31 mi105, Bright Street, Sunderland, Tyne And Wear SR6 0JJ2
£172K08/240.32 mi83, Fulwell Road, Sunderland, Tyne And Wear SR6 9QP2
£190K03/240.32 mi21, Hamilton Court, Sunderland, Tyne And Wear SR6 0RD2
£115.8K02/240.33 mi3, Winifred Street, Sunderland, Tyne And Wear SR6 9HB2
£125K01/210.34 mi7, Hartington Street, Sunderland, Tyne And Wear SR6 0LE2
£91.7K04/230.34 mi5, Mere Knolls Road, Sunderland, Tyne And Wear SR6 9PS2
£127.5K03/210.34 mi8, Mere Knolls Road, Sunderland, Tyne And Wear SR6 9PS2
£100.5K02/230.34 mi27, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£116K10/230.34 mi17, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£145K02/230.34 mi42, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£125K05/210.34 mi2a, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£165K06/230.34 mi21, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£177.9K10/230.34 mi26, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2

Local Rents

24 rents from £650/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£2,00011/240.18 mi-2
£1,75003/250.18 mi-2
£2,00011/240.18 mi-2
£2,00011/240.18 mi-2
£89002/240.23 mi-2
£85004/250.23 mi-2
£95009/240.26 mi-2
£75009/240.26 miHartington Street, Sunderland, Tyne and Wear, SR62
£95009/240.26 miRoker Terrace, Roker, Sunderland2
£85009/240.27 miRoker Terrace, Sunderland, Tyne and Wear, SR62
£75003/250.3 mi-2
£87509/240.35 miLiddell Court, Sunderland2
£99509/240.38 miLaburnum Road, Sunderland, SR62
£85009/240.38 miBeacon Drive, North Haven, Sunderland2
£95009/240.41 miAshberry Grove, Roker2
£75003/250.42 mi-2
£70008/240.43 mi-2
£87509/240.45 miHallgarth Court, North Haven2
£82509/240.5 miAshmore House2
£79509/240.53 miMarina Avenue, Fulwell2
£80003/250.55 mi-2
£65009/240.55 miSea Road, Fulwell2
£72509/240.56 miTopcliff2
£80009/240.59 miLaindon Avenue, Fulwell2

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.29 miles away

Nearest school

0.20 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 £115,000

April 4, 2025

Description

  • Spacious Mid Terraced Cottage +
  • Ideally Located Close to Sea Front and Amenities +
  • Good Sized Lounge +
  • 2 Bedrooms +
  • Useful Attic Room +
  • uPVC Double Glazing +
  • In Need Of Some Updating And Modernisation +
  • Rear Yard +
  • Suit Builder/Developer +
  • Well Worth Viewing +

In this sought-after location within convenient walking distance of the sea front, local beaches and Roker Park, an opportunity to purchase a deceptively spacious mid terraced cottage. In a highly regarded street opportunities to acquire a property here are rare. It features 2 bedrooms a refitted shower room and a useful attic room In need of general updating and modernisation. Offered with vacant possession. Well worth viewing.It comprises: entrance vestibule, hall, lounge, kitchen, 2 bedrooms, useful large attic room, refitted shower room wc, uPVC double glazing, carpets, yard.  

ENTRANCE VESTIBULE  

ENTRANCE HALL Electric night storage heater 

BEDROOM 1 12' 5" x 13' 1" (3.80m x 4.00m to chimney breast) Gas fire in wood surround 

BEDROOM 2 10' 5" x 6' 5" (3.19m x 1.98m)  

LOUNGE 14' 0" x 10' 2" (4.27m x 3.12m to chimney breast) Electric fire with tiled surround; picture rail 

REAR LOBBY Stairs to first floor; door to yard 

KITCHEN 12' 0" x 8' 10" (3.67m x 2.71m) Wall and floor units having working surface; stainless steel single drainer sink unit bowl sink; built in electric oven; gas hob; automatic washing machine; Lec fridge; tiled walls 

ATTIC ROOM 16' 4" x 17' 6" (5.00m T-Fall (3.76m min) x 5.34m) Large walk-in cupboard; eaves storage; 2 velux windows 

SHOWER ROOM/WC Walk-in shower enclosure with rainfall shower; pedestal hand basin; low level wc; white suite; partly tiled walls; partly PVC panelling to walls; wall mounted Main gas fired water heater 

Extras: (Included in price) All carpets included

Electric Night Storage Heating; uPVC double glazing

Rear yard with raised flowerbeds and hardstanding two brick outhouses

We understand that the property is Freehold

EPC rating to be confirmed

Council Tax Band A

Viewing: By appointment through this office 

Please Note:

These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information. The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property. Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.

Please note that the services and appliances in the property have not been tested. Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.

Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings. Plans and floor plans are for identification purposes only and are not to scale. Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase. In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.

Agent Details

Alfred Pallas, Fulwell

0191 625 0154

Next Steps?

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