Balmoral Terrace, Sunderland
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Balmoral Terrace, Sunderland

By Good Life Homes Sales and Lettings

£ 79,995

Reviews

2 out of 5 stars

Good Life Homes Sales and Lettings says ..

FREEHOLD HOUSE SPLIT INTO 2 SELF-CONTAINED FLATS - LONG-STANDING CONVERSION - GROUND FLOOR 1 BEDROOM FLAT - FIRST FLOOR 2 BEDROOM FLAT - BOTH RENTAL COMPLIANT WITH GAS & ELECTRICAL CERTS - SEPARATE REAR YARDS - SEPARATE GAS & ELECTRIC METERS - £450pm + £525pm = £975pm TOTAL RENTAL ASSESSMENT - YI...

Property Oracle says ..

This three-bedroom terraced house in Hendon, Sunderland, is listed at £79,995. The property is described as being split into two self-contained flats, presenting an opportunity for rental income. The location offers reasonable proximity to schools and the city centre, increasing its appeal to families and investors. However, the images reveal a property that needs modernisation. The interior features dated fittings and finishes, although it appears structurally sound. The property comes with a small, unkempt backyard. The lack of specific square footage information makes a definitive assessment of value per square foot challenging. Considering similar properties in the area and the potential rental income, the list price may be competitive, although the required renovations must be factored into any purchase decision. Further investigation into the condition and potential maintenance costs is advisable before making an offer. Potential buyers should also consider the overall character of the Hendon area in Sunderland to ensure it meets their needs and preferences. This property presents a potential investment, though it requires careful consideration regarding refurbishment costs and the long-term rental market.

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
6
Land
3
Bedrooms
3
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
494,694.00 £
Decreased by 3.93 %
from 514,950.00 £
Average area rental value
1,770.00 £/mo
Decreased by 2.43 %
from 1,814.00 £/mo
Est rental Yield
4.29 %
Increased by 1.42 %
from 4.23 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Good Life Homes Sales and Lettings marked this listing as sold.

  • Good Life Homes Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Sunderland Children'S Centre GrangetownChildren's Centre Linked Site0.37 KM
Grangetown Primary SchoolCommunity SchoolGood0.37 KM
Southmoor AcademyAcademy ConverterGood1.05 KM
Valley Road AcademyAcademy Converter1.05 KM
Hopespring SunderlandOther Independent School1.17 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Romney Avenue £ 195,00000.00 KM
St Aidan's Avenue £ 185,00000.00 KM
Rowlandson Terrace £ 100,00000.00 KM
Rosalie Terrace £ 000.00 KM
Montpellier Terrace £ 675,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN2.65 KM
Seaham7814SEA5.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Balmoral Terrace, Sunderland £ 79,995BUY5 / 100.00 KM
Markham Street, Sunderland, SR2 £ 80,000BUY4 / 100.04 KM
Windsor Terrace, Grangetown, Sunderland £ 144,950BUYUnknown0.09 KM
Regent Street, Grangetown, Sunderland £ 72,500BUY5 / 100.12 KM
Kitchener Terrace, Sunderland, Tyne and Wear, SR2 £ 80,000BUYUnknown0.27 KM

Nearby Properties

AddressPriceDistance
12 Balmoral Terrace £ 52,5000.06 KM
10 Balmoral Terrace £ 22,0000.06 KM
29 Markham Street £ 52,0000.07 KM
15 Markham Street £ 108,5000.07 KM
8 Markham Street £ 75,0000.07 KM