Spire Vue says ..
Ideal Investment Opportunity - Two-Bedroom Terraced House in Redhouse, Sunderland.
Property Oracle says ..
This property is a two-bedroom terraced house located in Sunderland, Tyne and Wear. The property is listed at £75,000. While the location benefits from relatively close proximity to schools (Red House Academy, Northern Saints Cofe Voluntary Aided Primary School, and Hylton Red House Nursery School are all within a kilometre) and a train station (Sunderland, 5.16km away), the property itself is in need of significant modernisation and renovation. The images reveal worn carpets, outdated kitchen and bathroom fixtures, and general wear and tear throughout the property. The garden is present, but appears overgrown and in need of attention. Compared to nearby properties, the list price of £75,000 appears relatively low, especially considering the average price in the area is significantly higher. However, the extensive renovation needed should be factored into any potential purchase price.
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
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 192,181.00 £Decreased by 18.82 %
- Average area rental value
- 853.00 £/moIncreased by 2.65 %
- Est rental Yield
- 5.33 %Increased by 26.60 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Spire Vue marked this listing as sold.
Spire Vue created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Red House Academy | Academy Sponsor Led | Good | 0.54 KM |
| Northern Saints Cofe Voluntary Aided Primary School | Voluntary Aided School | Good | 0.65 KM |
| Hylton Red House Nursery School | Local Authority Nursery School | Outstanding | 0.69 KM |
| Willow Wood Community Primary School | Community School | Requires improvement | 1.10 KM |
| Harry Watts Academy | Free Schools Special | 1.51 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wigham Close | £ 0 | 0 | 0.00 KM |
| Laing Close | £ 233,317 | 0 | 0.00 KM |
| Redhill Road | £ 80,000 | 0 | 0.00 KM |
| Theodora Close | £ 0 | 0 | 0.00 KM |
| Hazelwood Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 5.16 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Renfrew Road, Sunderland | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Renfrew Road, Red house, Sunderland, Tyne and Wear, SR5 5PS | £ 99,950 | BUY | 5 / 10 | 0.03 KM |
| Renfrew Road, Redhouse, Sunderland | £ 95,000 | BUY | 7 / 10 | 0.12 KM |
| Redcar Road, Redhouse, Sunderland | £ 109,000 | BUY | 6 / 10 | 0.14 KM |
| Renfrew Road, Redhouse, Sunderland | £ 114,950 | BUY | 7 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 119 Renfrew Road | £ 92,500 | 0.01 KM |
| 62 Renfrew Road | £ 67,999 | 0.03 KM |
| 46 Renfrew Road | £ 75,000 | 0.03 KM |
| 94 Renfrew Road | £ 86,000 | 0.03 KM |
| 76 Renfrew Road | £ 66,000 | 0.03 KM |