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Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 1
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 2
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 3
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 4
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 5

Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ

North East

£65,000
Listed on 08/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
678 sqft

Description

This two-bedroom cottage presents a distinctive opportunity for those looking to invest in a property with character and potential in the Millfield area of Sunderland. Nestled within a community that offers convenient access to various local amenities, shopping venues, and reputable educational institutions, this home is also just a short distance from Sunderland city centre, making it an ideal location for both residents and commuters. The extensive road network and public transport options available in the North East enhance the appeal for those needing easy travel routes. Currently requiring refurbishment, the property invites prospective buyers to bring their vision to life, making it suitable for first-time buyers eager to customize their living space or investors seeking to enhance their portfolio. The realistic pricing reflects its renovation needs while presenting a solid potential for value appreciation. Inside, the layout features an entrance vestibule leading to a welcoming hallway that connects to a spacious living room and an adaptable second reception room. Both bedrooms are generously proportioned, providing ample room for storage and comfort. The kitchen serves as a blank canvas ready for modern updates, and the family bathroom completes the home's practical design. Outdoors, a private rear yard adds additional value with possibilities for outdoor seating areas or small-scale gardening projects. With its competitive price point paired with significant renovation potential, this cottage offers compelling reasons to consider early viewing. For more details or to arrange a viewing appointment, please reach out to our dedicated team familiar with the Sunderland market, who will assist you in exploring this promising property further.

Investment Analysis

(SR4 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£96/sq ft
Area Average
£138/sq ft
Avg Rent (weekly)
£167
Avg Yield
6.8%

Renovation Potential

Est. Renovation Cost
£6,500 - £16,250
10-25% of property value
Target Value
£103,070
10% above area average per sq ft
Potential ROI
+26.9%
After renovation
Monthly Sales
35
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +7.3% over the last 12 months
3 year growth: 8.1%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on SR4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ
Map showing location of Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ
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