Go back

3 Bed Semi-Detached House For Sale Torver Crescent, Sunderland, SR6

£119,950- Semi-detached

Yield: 5.5%
Auction Property
1 of 7
Yield: 5.5%
Save
  • Rental Guide: £440 - £550
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.

Key Features

  • Three Bedroom Semi Detached Home
  • Potential For Improvement
  • Sought After Location
  • Good Amenities & Transport Links
  • Double Glazing
  • No Chain Involved
  • Quote Id: 374083
Last Updated: 28th October 2020

Description

FOR SALE BY WAY OF ONLINE AUCTION ON - 15TH DECEMBER, 2020 - Terms and Conditions apply. See
ATTENTION BUYERS - NO BUYERS PREMIUM TO PAY


IDEAL FAMILY HOME! Offered with NO CHAIN INVOLVED and enjoying a pleasant aspect to the rear. This three bedroom home is situated in an ever popular area close to an excellent range of local amenities including well regarded schools and shops. Convenient local bus links to Sunderland City centre and Seaburn Metro Station is also nearby. Well placed for access to the coast which is ideal for those who enjoy long walks along the beach.

Offered with the benefit of double glazing and the potential for improvement which is reflected in the price, we would strongly urge an early inspection!
FRONTAGE
Front garden leading to:-
ENTRANCE HALL
Double glazed entrance door to the hall which has stairs up to first floor.
LOUNGE/DINER 6.92m (22'8) x 3.7m (12'2)
Double glazed bay window to the front, double glazed window to the rear. Gas fire and two radiators.
KITCHEN 2.34m (7'8) x 2.26m (7'5)
Has wall and floor units, stainless steel sink, gas cooker point. Double glazed window.
OUTHOUSE
Glazed wood door out to the rear garden.
FIRST FLOOR LANDING
Double glazed window.
REAR BEDROOM 2.34m (7'8) x 1.85m (6'1)
Double glazed window and radiator.
REAR BEDROOM 3.3m (10'10) x 2.88m (9'5)
Double glazed window.
FRONT MASTER BEDROOM 3.4m (11'2) x 3.92m (12'10)
Double glazed bay window, wardrobes and radiator.
BATHROOM
Panelled bath, low level w.c., washbasin and double glazed window. Radiator.
REAR GARDEN
Has paved patio, lawns, shrubs and shed.
Working Hard For You
Our Customer Care Centre is open until 8pm EVERY weekday and 10am - 4pm EVERY Saturday and Sunday so if lazy Sundays are not your thing we would love to hear from you. Call either your local branch or
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
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.

EPC Rating: E

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £750+VAT (total £900) Auction Administration Fee.

Joint Agent
The Agents Property Auction Ltd. Tel:
Agent Details
Andrew Craig
582, Durham Road, Gateshead, NE9 6HX
Show Contact Number
0191 487 5330
**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.
5.0

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:
£3,599
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

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

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
4.7
£235,000
Semi Detached
Yield: 5.16%
ROCI: 15%
Property Image
4.6
£239,950
Semi Detached
Yield: 5.05%
ROCI: 14%
Property Image
4.4
£249,950
Semi Detached
Yield: 4.85%
ROCI: 13%
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