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Marlow Drive, Tyne and Wear SR3

North East

£135,000
Listed on 09/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
775 sqft

Description

This semi-detached three-bedroom property presents a valuable opportunity for renovation and investment in a well-regarded residential neighborhood. The home is being sold with no onward chain, facilitating a straightforward transaction for prospective buyers. Upon entering, you will find an entrance porch that leads into a hallway, providing internal access to a half garage. The spacious lounge features a bay window, allowing ample natural light, while the separate dining room offers additional space for entertaining or family gatherings. The fitted kitchen includes various wall and base units, which could be updated to create an inviting culinary space. A wet room on the ground floor is equipped with a shower, WC, and wash basin, alongside a conservatory that extends living space into the rear garden. The first floor comprises three generously sized bedrooms and a family bathroom. Each bedroom has potential for modern updates or reconfiguration to suit individual needs. Externally, the property boasts off-street parking through a driveway and access to the half garage via a roller shutter door. The private rear garden features a walkway leading to a gate at the back, offering further potential for landscaping or outdoor enhancements. Located in Moorside, this property benefits from proximity to Doxford International Business Park and excellent transport links via the A19 for commuters heading north or south. Local amenities nearby include Morrison's supermarket and reliable bus services connecting to Sunderland City Centre. Given its prime location and potential for renovation, this property could serve as an excellent investment opportunity or family home after modernization efforts are applied.

Investment Analysis

(SR3 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£174/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£165
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£163,552
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SR3)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -1.7%
5 year growth: 20.3%
Investment Disclaimer: Analysis based on SR3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Marlow Drive, Tyne and Wear SR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE