Otto Terrace, Ashbrooke, Sunderland, SR2
By Dowen
£ 35,000
Reviews
2 out of 5 stars
Dowen says ..
Available with no onward chain, this two-bedroom ground-floor flat presents an excellent refurbishment opportunity for investors. The property comprises a communal entrance door, entrance hallway, two bedrooms, a bathroom, and an open-plan lounge/kitchen area. Externally, the property be...
Property Oracle says ..
This ground floor flat is located in Sunderland, Tyne and Wear. The property is in need of significant renovation, as evidenced by the photos. The asking price of £35,000 is substantially below the average price for the area, which is £193,917. However, this is likely due to the property’s condition and the fact that it requires extensive modernisation. The location is close to schools and transportation links, which could be seen as a positive. However, the lack of plot size is a significant drawback. Given the extensive renovation required, the price may still represent a reasonable investment opportunity for someone willing to undertake a full refurbishment.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 2
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 700.00
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
- 127,421.00 £Decreased by 20.23 %
- Est sale value
- 116,200.00 £Decreased by 12.17 %
- Average area rental value
- 836.00 £/moIncreased by 23.67 %
- Est letting value
- 700.00 £/mo
- Est rental Yield
- 7.87 %Increased by 54.92 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Dowen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Catholic Primary School, Sunderland | Academy Converter | 0.50 KM | |
| Barbara Priestman Academy | Academy Special Converter | Good | 0.50 KM |
| Consilium Evolve | Academy Alternative Provision Converter | 0.50 KM | |
| Thornhill Academy | Academy Sponsor Led | 0.57 KM | |
| St Anthony'S Girls' Catholic Academy | Academy Converter | Outstanding | 0.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Eden House Road | £ 0 | 0 | 0.00 KM |
| Wearhead Drive | £ 90,000 | 0 | 0.00 KM |
| Leamington Street | £ 180,000 | 0 | 0.00 KM |
| Back Lane | £ 50,000 | 0 | 0.00 KM |
| St Mark's Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 1.75 KM |
| Seaham | 7814 | SEA | 8.73 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Otto Terrace, Ashbrooke, Sunderland, SR2 | £ 35,000 | BUY | 4 / 10 | 0.00 KM |
| Otto Terrace, Thornhill | £ 210,000 | BUY | 5 / 10 | 0.07 KM |
| Riversdale Terrace, Eden Vale | £ 160,000 | BUY | 5 / 10 | 0.10 KM |
| Otto Terrace, Sunderland | £ 175,000 | BUY | 5 / 10 | 0.10 KM |
| Otto Terrace, Thornhill | £ 140,750 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Otto Terrace | £ 149,000 | 0.01 KM |
| 23 Otto Terrace | £ 30,000 | 0.01 KM |
| 18 Otto Terrace | £ 115,000 | 0.01 KM |
| 8 Otto Terrace | £ 24,000 | 0.01 KM |
| 12 Otto Terrace | £ 150,000 | 0.01 KM |