2 Bed Terraced House, Single Let, Sunderland, SR6 9RW, £100,000

76 Laburnum Road, Sunderland, Tyne And Wear, SR6 9RW - 1 views - 8 months ago

Auction
BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£81.3K - £271.8K
Sold Prices/m²£1.2K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£135,205
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,500

Total Cash In

£29,500

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£595

Running Costs/mo

£452

Cashflow/mo

£144

Cashflow/yr

£1,722

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £81.3K to £271.8K, average is £134K. £1.2K/m² to £4.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£132K02/240.05 mi39, Laburnum Road, Sunderland, Tyne And Wear SR6 9RW2
£97K04/230.05 mi43, Laburnum Road, Sunderland, Tyne And Wear SR6 9RW2
£140K11/200.07 mi36, Primrose Crescent, Sunderland, Tyne And Wear SR6 9RJ2
£117.8K03/210.08 mi2, Newbury Street, Sunderland, Tyne And Wear SR5 1NG2
£124K04/210.08 mi48, Newbury Street, Sunderland, Tyne And Wear SR5 1NG2
£112K11/210.09 mi25, Montague Street, Sunderland, Tyne And Wear SR6 9RZ2
£115K07/230.11 mi1, Moray Street, Sunderland, Tyne And Wear SR6 9RS2
£135K05/210.13 mi23, Laburnum Road, Sunderland, Tyne And Wear SR6 9RN2
£146K08/240.13 mi22, Laburnum Road, Sunderland, Tyne And Wear SR6 9RN2
£150K02/230.15 mi4, Louis Avenue, Sunderland, Tyne And Wear SR6 9JL2
£175K09/210.18 mi9, Forfar Street, Sunderland, Tyne And Wear SR6 9RY2
£135K05/230.18 mi3, Forfar Street, Sunderland, Tyne And Wear SR6 9RY2
£202K11/230.19 mi65, Inverness Street, Sunderland, Tyne And Wear SR6 9RT2
£100.5K02/230.21 mi27, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£116K10/230.21 mi17, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£145K02/230.21 mi42, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£125K05/210.21 mi2a, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£165K06/230.21 mi21, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£177.9K10/230.21 mi26, Roxburgh Street, Sunderland, Tyne And Wear SR6 9RP2
£110K12/200.22 mi41, Lee Street, Sunderland, Tyne And Wear SR6 9AZ2
£135K06/230.22 mi41, Lee Street, Sunderland, Tyne And Wear SR6 9AZ2
£172K08/240.22 mi83, Fulwell Road, Sunderland, Tyne And Wear SR6 9QP2
£144K02/240.23 mi43, Enid Avenue, Sunderland, Tyne And Wear SR6 9LJ2
£156.5K07/210.23 mi46, Wearmouth Drive, Sunderland, Tyne And Wear SR5 1LZ2
£162.5K02/210.24 mi14, Newhaven Avenue, Sunderland, Tyne And Wear SR5 1JW2
£81.3K03/210.25 mi25, Atkinson Road, Sunderland, Tyne And Wear SR6 9AR2
£111K09/210.25 mi19, Atkinson Road, Sunderland, Tyne And Wear SR6 9AR2
£271.8K11/210.26 mi5, Mill Bank, Sunderland, Tyne And Wear SR5 1QN2
£133K01/210.27 mi4, Wearmouth Avenue, Sunderland, Tyne And Wear SR5 1LY2
£163K02/230.27 mi26, Forfar Street, Sunderland, Tyne And Wear SR6 9RX2
£142K08/230.28 mi51, Marshall Street, Sunderland, Tyne And Wear SR6 9BE2
£118K01/210.28 mi41, Marshall Street, Sunderland, Tyne And Wear SR6 9BE2
£150K02/230.28 mi43, Marshall Street, Sunderland, Tyne And Wear SR6 9BE2
£106K10/210.28 mi16, Lee Street, Sunderland, Tyne And Wear SR6 9BA2
£127.5K11/230.28 mi2, Redby Close, Sunderland, Tyne And Wear SR6 9QD2
£125K07/230.28 mi3, Redby Close, Sunderland, Tyne And Wear SR6 9QD2
£250K12/200.28 mi8, Merryfield Gardens, Sunderland, Tyne And Wear SR6 9LA2
£148.9K02/240.3 mi38, Atkinson Road, Sunderland, Tyne And Wear SR6 9AS2
£126K12/200.3 mi55, Atkinson Road, Sunderland, Tyne And Wear SR6 9AS2
£92K08/210.3 mi36, Dent Street, Sunderland, Tyne And Wear SR6 9BH2
£105K11/230.3 mi46, Dent Street, Sunderland, Tyne And Wear SR6 9BH2
£94K04/230.32 mi44, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£100K02/210.32 mi12, Osborne Street, Sunderland, Tyne And Wear SR6 9RE2
£260K05/240.32 mi7, Malvern Gardens, Sunderland, Tyne And Wear SR6 9LB2
£130K08/210.33 mi9, Marshall Street, Sunderland, Tyne And Wear SR6 9BG2
£126K01/230.33 mi15, Marshall Street, Sunderland, Tyne And Wear SR6 9BG2
£134.9K04/240.33 mi12, Duke Street North, Sunderland, Tyne And Wear SR6 9RD2
£150K08/210.33 mi66, Annie Street, Sunderland, Tyne And Wear SR6 9BJ2
£130K01/230.34 mi46a, Atkinson Road, Sunderland, Tyne And Wear SR6 9AT2
£234.9K11/230.34 mi47, Coniston Avenue, Sunderland, Tyne And Wear SR5 1RB2

Local Rents

19 rents from £595/mo to £2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79509/240.08 miMarina Avenue, Fulwell2
£99509/240.13 miLaburnum Road, Sunderland, SR62
£75003/250.2 mi-2
£80003/250.31 mi-2
£65009/240.38 miSea Road, Fulwell2
£75007/240.43 mi-2
£75012/240.43 mi-2
£75002/250.43 mi-2
£80009/240.44 miLaindon Avenue, Fulwell2
£95009/240.52 miAshberry Grove, Roker2
£60010/230.52 mi-2
£65009/240.52 miRoss Street, Sunderland2
£59509/240.55 miCarley Road, Southwick2
£2,00011/240.59 mi-2
£1,75003/250.59 mi-2
£2,00011/240.59 mi-2
£2,00011/240.59 mi-2
£59509/240.6 miCarley Road, Sunderland, Tyne and Wear, SR5 2RP2
£59509/240.6 miCarley Road, Sunderland, Tyne and Wear, SR5 2RP2

Local Area Statistics

Population in SR6

30,268

Population in Sunderland

183,740

Town centre distance

2.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £100,000

April 5, 2025

Price changed to £105,000

January 8, 2025

Listed for £110,000

August 30, 2024

Sold for £44,500

1999

Description

  • END TERRACE +
  • LOFT ROOMS +
  • DECEPTIVELY SPACIOUS +
  • POPULAR AREA +
  • NO CHAIN +
  • BUYERS PREMIUM APPLIES +

Dowen is pleased to bring to the market this deceptively spacious two-bedroom end-terrace, complete with the added bonus of loft rooms. This charming home is located in the desirable area of Fulwell, conveniently close to local amenities, transport links, and schools. The property features an entrance hallway, a comfortable lounge, a galley kitchen with an adjoining bathroom, a master bedroom with a walk-in bay window, and a second bedroom that has been cleverly converted to include a staircase leading to two loft spaces. Viewing is essential to fully appreciate the generous space on offer. The property is sold as seen in partnership with I Am Sold Property Auction and is offered for sale with NO CHAIN. For more information or to arrange a viewing, please contact Dowen at .

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Agent Details

Dowen, Sunderland

0191 625 0868

Next Steps?

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