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The Limes, Tyne and Wear SR2

North East

£15,000
Listed on 28/12/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor apartment in The Limes development presents a solid investment opportunity or a comfortable first home. Located just off Ryhope Road in Sunderland, the property boasts a practical layout with potential for enhancement. It features an entrance foyer with storage, leading into a hallway that connects to all rooms. The spacious living room is naturally bright thanks to its large front-facing window. The fitted kitchen comes equipped with a selection of units and worktops, providing a functional space for culinary tasks. The bathroom includes a three-piece suite complete with a shower over the bath, while the double bedroom offers built-in wardrobes for added convenience. Set in well-maintained communal grounds, this residence also benefits from residents' parking and access to shared laundry facilities alongside secure entry systems. Its proximity to local shops, amenities, and transport links—such as Sunderland City Centre and the A19—enhances its appeal further. This apartment's current condition makes it suitable for modernisation efforts, promising great returns on refurbishment for prospective owners or investors looking to increase value.

Investment Analysis

(SR2 area)
Area Average
£140/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SR2)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.1%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on SR2 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

The Limes, Tyne and Wear SR2
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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
£55
Based on a loan of £11,250 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