32 Nile Street, City Centre, Sunderland, Tyne and Wear, SR1
DO

32 Nile Street, City Centre, Sunderland, Tyne and Wear, SR1

By Dowen

£ 49,000

Reviews

2 out of 5 stars

Dowen says ..

Dowen present this one bedroom third floor apartment is for sale as a going concern and is currently let. The accommodation comprises communal entry hall with lifts to all floors, entrance vestibule, entrance hall, open plan lounge and kitchen, bedroom and shower room all benefiting fro...

Property Oracle says ..

This one-bedroom apartment in Sunderland City Centre presents a mixed bag of opportunities and challenges for potential buyers. Its central location offers excellent access to transport links, nearby schools and local amenities. The close proximity to Sunderland train station makes commuting relatively easy, while the presence of several primary schools within a short distance could appeal to families or investors looking to rent to families.

However, the images reveal an apartment that is in reasonable but not pristine condition. The interiors seem functional, but could benefit from some renovations to enhance the overall quality and appeal to future residents or owners. The lack of provided square footage data makes it impossible to perform a thorough value assessment compared to similar properties in the area. The price seems appropriate when considering that it is currently let and is offered as a going concern. This indicates the presence of rental income, which can offset the costs associated with ownership.

Overall, the property’s central location and rental potential are strong selling points, while the condition of the apartment and lack of property details will need to be factored in when assessing its suitability for prospective buyers.

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
1
Bedrooms
1
Bathrooms
1

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
502,893.00 £
Increased by 16.71 %
from 430,903.00 £
Average area rental value
1,587.00 £/mo
Decreased by 12.80 %
from 1,820.00 £/mo
Est rental Yield
3.79 %
Decreased by 25.25 %
from 5.07 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Dowen created the listing.

Nearby Schools

NameTypeOfstedDistance
Sunderland Children'S Centre EastChildren's Centre0.26 KM
Hudson Road Primary SchoolCommunity SchoolGood0.32 KM
Dame Dorothy Primary SchoolCommunity SchoolGood1.03 KM
Valley Road AcademyAcademy Converter1.32 KM
Ashbrooke SchoolOther Independent Special SchoolGood1.33 KM

Images

Nile DSC_0001 DSC_0002 DSC_0003 DSC_0004

Nearby Streets

NameAverage PriceAverage SqftDistance
Pauls Road £ 000.00 KM
Salem Road £ 000.00 KM
William Street £ 150,00000.00 KM
Lambton Street £ 000.00 KM
Athaneum Street £ 99,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Sunderland7640SUN0.69 KM
Seaham7814SEA8.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
32 Nile Street, City Centre, Sunderland, Tyne and Wear, SR1 £ 49,000BUY5 / 100.00 KM
Nile Street, City Centre, Sunderland, SR1 £ 57,500BUYUnknown0.04 KM
410 Horizon House, Borough Road, Sunderland, SR1 £ 20,000BUY5 / 100.05 KM
109 Horizon House, Borough Road, Sunderland, SR1 £ 24,000BUY5 / 100.05 KM
410 Horizon House, Borough Road, Sunderland, SR1 £ 20,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
16 Nile Street £ 87,5000.04 KM
32 Villiers Street £ 494,9990.09 KM
33 Norfolk Street £ 150,0000.12 KM
37 Norfolk Street £ 25,0000.12 KM
31 Norfolk Street £ 125,0000.12 KM