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2 Bed Terraced House For Sale Cardwell Street, Sunderland, SR6

£134,950- Terraced

Yield: 5.11%
1 of 13
Yield: 5.11%
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  • Rental Guide: £460 - £575
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • 2 Bed End Terraced House
  • Two Reception Rooms
  • Modern Fitted Kitchen
  • Three Piece Bathroom
  • Fitted Wardrobes In Bedrooms
  • Upvc Double Glazing
  • Rear Yard/astroturf & Decking
  • Quote Id 337998
Last Updated: 8th October 2020

Description

A two bedroom end terraced house situated within this sought after area of Sunderland, close to local amenities including shops, schools and the seafront. The property is warmed via gas central heating and has the added benefit of double glazing. The internal layout comprises entrance lobby, dining room with stairs off to the first floor, lounge, fitted kitchen and bathroom, two bedrooms (both with fitted wardrobes). Externally there is a yard to the rear with Astroturf and decking.
GROUND FLOOR
Double glazed entrance door leading to:
ENTRANCE LOBBY
With glazed door leading to:
DINING ROOM 4.27m (14'0) x 2.9m (9'6)
With stairs off to the first floor, storage cupboard, laminate flooring, radiator and double glazed window.
LOUNGE 4.7m (15'5) x 3.81m (12'6)
With feature gas fire, radiator and double glazed bay window.
KITCHEN 3.15m (10'4) x 3.45m (11'4)
A range of wall and floor units with contrasting working surfaces, integrated fridge, freezer and dishwasher, stainless steel sink with mixer tap, electric oven, gas hob and extractor fan, tiled splashbacks, laminate flooring, radiator, double glazed window and double glazed door to the rear yard.
BATHROOM
White suite comprising bath with mixer tap, hand wash basin, w.c., tiled floor, radiator and double glazed window.
STAIRS TO FIRST FLOOR LANDING
With double glazed window.
REAR BEDROOM 3.48m (11'5) x 3.4m (11'2)
With fitted wardrobes, radiator and velux window.
FRONT DOUBLE BEDROOM 3.78m (12'5) x 2.84m (9'4)
With fitted wardrobes, radiator, double glazed window and velux window.
EXTERIOR
Externally there is a yard to the rear with decking.
THE AGENT OF THE NORTH
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on 0


The Agent of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on

EPC Rating: E
Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
Agent Details
Andrew Craig
44, Sea Road, Sunderland, SR6 9BX
Show Contact Number
0191 516 0239
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£4,049
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.9

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £400 - £575 – 7 recently listed properties were found in that band. However, the highest were £1,235, £1,235, £750.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested