Saville Place, Sunderland, Tyne and Wear, SR1 1PA
By Pattinsons
£ 220,000
Reviews
2 out of 5 stars
Pattinsons says ..
The subject premises is a three floor, mid terrace, comprising an office and flat to the ground floor, a flat to the first floor and a flat to the second floor. The whole property is currently let with an annual rent of £24,200 this reflects a NIY of 9.43% based on asking price.
Property Oracle says ..
This property in Sunderland is a three-floor mid-terrace building currently operating as a rental property. The listing highlights its potential as an investment opportunity, with an annual rental income of £24,200. This translates to a net income yield of 9.43% based on the asking price. The photos depict a recently renovated interior with modern kitchen and bathroom facilities. The interior is stylishly decorated and furnished. The property’s location in Sunderland city centre offers convenient access to transport links, including Sunderland train station which is within walking distance. Several schools are also within reasonable proximity. However, more information is needed to accurately assess the property’s condition, square footage, plot size, and whether the current rental income is sustainable. Without definitive data on the square footage and more comparable property sales data, it is challenging to make a concrete judgment on the value for money. The lack of a garden and some surrounding streets’ average house prices may impact the appeal to particular buyers. Overall, the property presents as a potentially attractive investment opportunity but lacks details needed for a full and complete property valuation.
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
- 7
- Location
- 6
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 1,587.00 £/moDecreased by 12.80 %
- Est rental Yield
- 3.79 %Decreased by 25.25 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Pattinsons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sunderland Children'S Centre East | Children's Centre | 0.28 KM | |
| Hudson Road Primary School | Community School | Good | 0.37 KM |
| Dame Dorothy Primary School | Community School | Good | 1.12 KM |
| Ashbrooke School | Other Independent Special School | Good | 1.21 KM |
| Valley Road Academy | Academy Converter | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pauls Road | £ 0 | 0 | 0.00 KM |
| Salem Road | £ 0 | 0 | 0.00 KM |
| William Street | £ 150,000 | 0 | 0.00 KM |
| Athaneum Street | £ 99,950 | 0 | 0.00 KM |
| Lambton Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 0.58 KM |
| Seaham | 7814 | SEA | 8.07 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Saville Place, Sunderland, Tyne and Wear, SR1 1PA | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Tatham Street, Sunderland | £ 695,000 | BUY | Unknown | 0.04 KM |
| Borough Road, Sunderland, City Centre, Sunniside, SR1 | £ 65,000 | BUY | Unknown | 0.06 KM |
| Borough Road, Sunderland, Tyne and Wear, SR1 | £ 50,000 | BUY | 6 / 10 | 0.07 KM |
| 402 Horizon House Borough Road, Sunderland, SR1 1HR | £ 15,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Norfolk Street | £ 125,000 | 0.07 KM |
| 33 Norfolk Street | £ 150,000 | 0.07 KM |
| 37 Norfolk Street | £ 25,000 | 0.07 KM |
| 7 Foyle Street | £ 65,000 | 0.09 KM |
| 12a Foyle Street | £ 70,000 | 0.09 KM |