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Property Listing Details

1 bed terraced house for sale

Stratfield Street, Sunderland SR4

Guide price

£15,000

Features

  • 1 bedroom
  • 1 reception room
  • Bungalow
  • One Bedroom
  • Double Glazing & Gas Central Heating
  • Conservatory
  • Ideal Investment
  • Current Rental Income 4,740 pa
  • Option to Buy

Description

Summary

For sale by auction, Terms and conditions apply.

Money wasting away in your bank? Getting little to no return? Then why not make the step onto the property ladder - Sold with a tenant in situ who loves her home - What else could you ask for?

For sale, this one bedroom bungalow with a tenant in situ, the home comprises of: An entrance hall, lounge, shower room, kitchen, bedroom & conservatory.

* Please note a reservation fee is payable with this property, please contact Pattinson Estate Agents for more information.

Please refer to legal pack regarding completion and any special conditions

No credit checks needed
No mortgage required until 3rd October 2028
Outstanding mortgage (interest only) to be paid off by October 2028: (Approx) 54,325
Value will potentially appreciate further by 2028
Monthly rent 395 pcm
Monthly mortgage payment to original owner 179.65
Gross rental income from June 2018 - October 2028 = 48,980
Minus 22,276.60 (mortgage payments) = 26,703.40 (net rental income)

Recent Sales Prices, please note these figures are from ;

22 Stratfield Street, Sunderland, SR4 6RB
Terraced, Freehold, Non-Newbuild
55,000 18th August 2014

12 Stratfield Street, Sunderland, SR4 6RB
Terraced, Freehold, Non-Newbuild
60,000 13th June 2014

9 Stratfield Street, Sunderland, SR4 6RB
Terraced, Freehold, Non-Newbuild
42,500 25th April 2013

22 Stratfield Street, Sunderland, SR4 6RB
Terraced, Freehold, Non-Newbuild
52,000 4th February 2013

8 Stratfield Street, Sunderland, SR4 6RB
Terraced, Freehold, Non-Newbuild
61,000 18th May 2012

Entrance Hall

Access to the lounge

Lounge

With a double glazed window and radiator. Access to the rear hall

Rear Hall

Access to the shower room, bedroom and kitchen

Shower Room

With a low level WC, hand wash basin and shower (wet room)

Master Bedroom

With a double glazed window and radiator.

Kitchen

With a range of wall and base units, double glazed window and access to the conservatory.

Conservatory

With surrounding windows and access to the rear courtyard

External

To the front is a wall enclosed garden and to the rear is a wall enclosed courtyard.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Diamond Hall Infant Academy 0.3 miles
  • Diamond Hall Junior Academy 0.3 miles
  • Sunderland 1.4 miles
  • Seaham 5.8 miles

Price history

Sold prices provided by Land Registry
12th Jul 2018 £15,000 Price reduced by £4,950
30th Jan 2018 £19,950 First listed
24th Nov 2009 £70,000 Last sold

Running costs

Mortgage calculator

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In association with

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Peterlee. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Peterlee for full details and further information.