5 bed detached house to rent

Charles Church At St Michael's Way, Sunderland SR2

Rent To Own

Fixed monthly payment: £2,645

Estimated amount towards your deposit after five years: £49,882*

About The Home

The Fenchurch is an elegant double-fronted home designed for refined family living. The standout kitchen/family room opens onto the garden via French doors, while the separate living room, dining room and study provide flexible spaces to entertain or work in peace. Upstairs, four well-proportioned bedrooms include a luxurious en suite to bedroom one, along with a stylish family bathroom.

How Deposit Bridge Works

Move in with just 1% of the property value upfront, with no additional fees or rental deposit

Make fixed monthly payments for up to five years, with no increases while you live there

Make the home your own, with the freedom to decorate, personalise the space and keep pets

After five years, choose whether to buy the home. If you do, you’ll receive a 10% discount on its market value, which can be used towards your mortgage deposit**

If you decide not to buy, you can move out and receive a cash payment of up to 7% of the home’s value***

*Based on house prices increasing by 4% pa. The actual amount will depend on its market value when you buy.

**Deposit Bridge is designed to be used with a concessionary mortgage. Mortgages are subject to availability, and the lender will determine the terms and eligibility. Wayhome does not provide financial or mortgage advice. You should seek independent financial advice before making any decisions.

***The amount you receive depends on when you move out and is subject to the terms of your agreements.