2 Bed Terraced House, Single Let, Sunderland, SR2 7NJ, £99,950

Eden Vale, Sunderland, Tyne and Wear, SR2 7NJ - 7 months ago

BTL
ROI: 7%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£53K - £305K
Sold Prices/m²£613/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£96,436

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£6,198

Total Cash In

£31,185

 

 

Cash Out

 

Rent Range

£450 - £2,000

Rent Estimate

£650

Running Costs/mo

£462

Cashflow/mo

£188

Cashflow/yr

£2,252

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £53K to £305K, average is £105.5K. £613/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£100K03/210.06 mi82, Wearhead Drive, Sunderland, Tyne And Wear SR4 7LW2
£123K06/230.17 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£78K12/200.17 mi20, Fernville Street, Sunderland, Tyne And Wear SR4 7LX2
£80K02/210.17 mi3, Beachville Street, Sunderland, Tyne And Wear SR4 7NA2
£129.5K08/210.18 mi9, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ2
£92K08/230.21 mi3, Vale Street, Sunderland, Tyne And Wear SR4 7NB2
£120K11/230.21 mi28, Queens Crescent, Sunderland, Tyne And Wear SR4 7JN2
£96K05/210.21 mi22, Ingleby Terrace, Sunderland, Tyne And Wear SR4 7NF2
£207.5K12/220.22 mi120, Hurstwood Road, Sunderland, Tyne And Wear SR4 7LJ2
£100K12/230.22 mi54, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NJ2
£105K11/200.22 mi75, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NJ2
£225K06/230.22 mi7, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP2
£175.7K11/230.22 mi11, Chatsworth Crescent, Sunderland, Tyne And Wear SR4 7NP2
£92K08/230.24 mi28, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£121K06/230.24 mi23, General Graham Street, Sunderland, Tyne And Wear SR4 7HL2
£93K07/230.25 mi51, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ2
£106K09/230.25 mi58, Queens Crescent, Sunderland, Tyne And Wear SR4 7JJ2
£215K11/230.28 mi17, Mount Grove, Sunderland, Tyne And Wear SR4 7NW2
£71.5K10/210.28 mi39, Chester Mews, Sunderland, Tyne And Wear SR4 7HX2
£176.3K07/210.29 mi9, Dunbreck Grove, Sunderland, Tyne And Wear SR4 7LL2
£86K09/230.29 mi13, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£93.6K09/210.29 mi10, Wolseley Terrace, Sunderland, Tyne And Wear SR4 7HU2
£190K08/210.3 mi26, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PE2
£200K10/210.31 mi70, Barnes Park Road, Sunderland, Tyne And Wear SR4 7PY2
£96.5K10/210.31 mi27, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NQ2
£115K12/200.31 mi99, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL2
£112.5K04/230.31 mi89, Hawarden Crescent, Sunderland, Tyne And Wear SR4 7NL2
£133K09/230.38 mi4, Frinton Park, Sunderland, Tyne And Wear SR3 1DN2
£112.5K05/230.39 mi13, Greta Terrace, Sunderland, Tyne And Wear SR4 7RD2
£53K02/210.39 mi5, Offerton Street, Sunderland, Tyne And Wear SR4 7EA2
£305K06/210.41 mi5, Granby Close, Sunderland, Tyne And Wear SR3 1XG2
£133K08/230.41 mi23, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£120K05/230.41 mi29, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£130K08/210.41 mi20, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£115K12/200.41 mi2, Brinkburn Street, Sunderland, Tyne And Wear SR4 7RG2
£167.5K01/210.43 mi3, Heatherlea Gardens, Sunderland, Tyne And Wear SR3 1YQ2
£53K02/210.44 mi4, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£66K01/210.44 mi1, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£63K02/240.44 mi27, Houghton Street, Sunderland, Tyne And Wear SR4 7DY2
£179.9K11/200.44 mi173, Queen Alexandra Road, Sunderland, Tyne And Wear SR3 1XN2
£74K01/240.46 mi1, Rokeby Street, Sunderland, Tyne And Wear SR4 7EQ2
£110K01/210.47 mi3a, Tunstall Vale, Sunderland, Tyne And Wear SR2 7HP2
£68K02/210.49 mi69, Hylton Street, Sunderland, Tyne And Wear SR4 7DG2
£86K03/220.49 mi8, Chester Crescent, Sunderland, Tyne And Wear SR1 3SH2
£195K12/200.49 mi23, St Nicholas Avenue, Sunderland, Tyne And Wear SR3 1YH2
£65K05/210.5 mi32, Chester Terrace North, Sunderland, Tyne And Wear SR4 7AP2
£65K06/230.5 mi7, Azalea Terrace South, Sunderland, Tyne And Wear SR2 7EX2
£60K05/210.5 mi12, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£59.5K10/200.5 mi32, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2
£55K01/240.5 mi22, Rainton Street, Sunderland, Tyne And Wear SR4 7DE2

Local Rents

50 rents from £450/mo to £2K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£1,99501/250.09 mi-2
£79509/240.24 mi-2
£71501/250.3 mi-2
£85003/250.3 mi-2
£80010/240.3 mi-2
£75009/240.32 miLeopold House, Albert Court, Sunderland, SR22
£85009/240.33 mi-2
£75009/240.34 mi-2
£75002/250.34 mi-2
£70009/240.34 miThornhill Gardens, Ashbrooke, Sunderland, SR22
£67509/240.35 mi5 Thornhill Gardens, Sunderland, SR22
£69509/240.35 miAlbert Court, Royal Courts, Sunderland2
£87512/240.36 mi-2
£68511/240.36 mi-2
£68511/240.36 mi-2
£75009/240.38 miSummerhill, Thornhill, Sunderland, SR22
£75008/240.42 mi-2
£49509/240.44 mi-2
£49511/240.44 mi-2
£49511/240.44 mi-2
£87509/240.45 miWillow Green, Ashbrooke, Sunderland, SR22
£75009/240.46 miEnnerdale, Ashbrooke2
£69509/240.47 miAzalea Terrace South, Sunderland, Tyne and Wear, SR2 7EX2
£70009/240.48 miBelle Vue Crescent, Sunderland, SR22
£75009/240.49 miArgyle Square, Sunderland, SR22
£70009/240.49 mi-2
£70010/240.49 mi-2
£1,10002/250.5 mi-2
£70001/250.52 mi-2
£70002/250.52 mi-2
£70011/240.52 mi-2
£67512/240.52 mi-2
£65009/240.52 miChester Terrace North, Sunderland, Tyne and Wear, SR42
£60010/230.52 mi-2
£70008/240.52 mi-2
£70010/240.52 mi-2
£77503/250.53 mi-2
£70003/250.53 mi-2
£70009/240.54 mi-2
£70009/240.54 mi-2
£70003/250.54 mi-2
£70009/240.54 miArgyle Square, Sunderland, SR22
£45009/240.54 miArgyle Street, City Centre, Sunderland2
£75002/250.56 mi-2
£75001/250.56 mi-2
£75001/250.57 mi-2
£2,00003/250.57 mi-2
£60009/240.57 miNora Street, High Barnes, Sunderland2
£69509/240.58 miGrange Crescent, Sunderland, Asbrooke, Stockton Road, SR22
£65009/240.59 miGrange Crescent, Stockton Road, Sunderland, SR22

Local Area Statistics

Population in SR2

33,440

Population in Sunderland

183,740

Town centre distance

0.88 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-5%

Property History

Listed for £99,950

August 29, 2024

Description

  • 2 BEDROOMS +
  • ONE LEVEL +
  • DBL FRONTED COTTAGE +
  • LOUNGE / DINER +
  • OFF STREET PARKING +
  • NO CHAIN +
  • CENTRAL LOCATION +

Dowen is pleased to bring to the market this double-fronted cottage, ideally located close to local transport links, Sunderland University, and various amenities, with easy access to the city centre. The property features an entrance vestibule and hallway, leading into an open-plan lounge and dining area that connects seamlessly to the kitchen, which offers access to the rear yard. The home also includes a bathroom and two comfortable bedrooms, all on one level. Additional benefits include off-street parking, accessible via an up-and-over garage door into the rear yard. With gas central heating, this property is an excellent opportunity for first-time buyers or investors. Offered for sale with no chain. For more information or to arrange a viewing, please contact Dowen at .

Agent Details

Dowen, Sunderland

0191 625 0868

Next Steps?

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