Michael Hodgson says ..
LET INVESTMENT ON GRANGE CRESCENT, SUNDERLAND - This large 4 storey 7 bed property is located on Grange Crescent which is within easy reach of Sunderland City Centre, Sunderland Royal Hospital, Sunderland University as well as transport links to the A19. Internally the accommodation is arranged ...
Property Oracle says ..
This seven-bedroom, seven-bathroom property on Grange Crescent in Sunderland presents a compelling investment opportunity, particularly for those interested in the student rental market or providing accommodation near Sunderland University and the Royal Hospital. The property benefits from a convenient location with access to public transport and nearby schools. The exterior is well-maintained, but the internal images reveal an inconsistent standard of finish. Some rooms boast recently modernised kitchens and bathrooms, suggesting some refurbishment efforts have been made. Conversely, other areas including bedrooms are cluttered and appear to require further attention, and thorough cleaning. The property includes a small front garden, adding a touch of curb appeal. The list price seems appropriate in relation to the average property prices on Park Road and surrounding areas, but the absence of square footage details hinders definitive value assessment. Overall, the property requires further evaluation to determine the full extent of repairs needed. Potential buyers should carefully consider these aspects before purchasing. The property’s strong rental potential and location are definite plus points. The condition, however, requires a closer inspection and potentially further investment for full realisation of its potential.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 7
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 160 %
Agent Activity
Michael Hodgson created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Ashbrooke School | Other Independent Special School | Good | 0.53 KM |
Argyle House School | Other Independent School | 0.80 KM | |
St Anthony'S Girls' Catholic Academy | Academy Converter | Outstanding | 0.85 KM |
St Aidan'S Catholic Academy | Academy Converter | Good | 0.93 KM |
Thornhill Academy | Academy Sponsor Led | 0.99 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Park Road | £ 362,500 | 0 | 0.00 KM |
Gorse Road | £ 220,000 | 0 | 0.00 KM |
The Avenue | £ 0 | 0 | 0.00 KM |
Cross Vale Road | £ 129,950 | 0 | 0.00 KM |
Tunstall Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Sunderland | 7640 | SUN | 0.62 KM |
Seaham | 7814 | SEA | 7.93 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Grange Crescent, Sunderland | £ 375,000 | BUY | 5 / 10 | 0.00 KM |
Grange Crescent, Sunderland, SR2 | £ 350,000 | BUY | 5 / 10 | 0.07 KM |
St. Georges Way, Ashbrooke, Sunderland | £ 135,000 | BUY | 5 / 10 | 0.11 KM |
The Esplanade, Ashbrooke, Sunderland, SR2 | £ 85,000 | BUY | 6 / 10 | 0.15 KM |
The Esplanade, Ashbrooke, Sunderland | £ 220,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
10 Grange Crescent | £ 248,000 | 0.05 KM |
1 St Georges Way | £ 28,500 | 0.08 KM |
3 St Georges Way | £ 110,000 | 0.08 KM |
2 St Georges Way | £ 113,000 | 0.08 KM |
1 Ashmore Terrace | £ 345,000 | 0.08 KM |