Go back

3 Bed Detached House For Sale Redhill, Sunderland, SR6

£400,000- Detached

Yield: 1.65%
1 of 10
Yield: 1.65%
Save
  • Rental Guide: £440 - £550
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Three Bedroom Detached
  • Whitburn Village Sr6
  • Superb Corner Plot
  • In Need Of Modernisation
  • Access From Corner Of Moor Lane/moor Court
  • Driveway And Garage
  • No Onward Chain
  • Council Tax Band - F
  • Epc - Tbc
Last Updated: 11th October 2020

Description

A rare opportunity to purchase a three bedroom detached property which occupies a large corner plot on the corner of Moor Lane and Moor Court. Redhill is just off Moor Lane but due to the size of the corner plot, the property is accessed from private gates on the corner and the property faces onto Moor Lane.

In need of updating throughout but with huge potential for a family home in a most sought after position in the highly regarded area of Whitburn Village.

Briefly comprising -

Entrance Hallway

Inner Hallway

Living Room

Lounge

Kitchen

Dining Room

Utility Room

Conservatory

Three large double bedrooms, one with en suite and other two with plumbing

Large gardens to front and side

Double Garage

Driveways to front and rear
Agent Details
Hunters -Franchise
11b, Sea Road, Sunderland, SR6 9BP
Show Contact Number
0191 594 7788
**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 fully classified.
1.3

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

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:
£12,000
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
2

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
3.0
£359,950
Semi Detached
Yield: 3.37%
ROCI: 7%
See More Properties
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
3 Bedroom properties in “SR6” are mostly listed between £440 - £550. There is limited data on listings in proximity to this property.

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