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Peel Street, Sunderland, Tyne and Wear, SR2 8ED

North East

£85,000

Listed on 18/05/2026

Property Details

Bedrooms
5
Type
Terraced House

Description

This impressive terraced property, located in the desirable SR2 postcode of Sunderland, presents a prime opportunity for savvy investors or renovators. Offering generous internal dimensions and versatile layout, this home is not just a substantial dwelling; it has the potential to be transformed back into a multi-occupancy residence, subject to appropriate planning permissions considering its historical usage. Currently functioning as a single-family home, it includes five well-proportioned bedrooms, two reception rooms, and two bathrooms—ideal for those seeking space and character. The property is currently generating £700 per month with existing tenants, providing immediate rental income while you plan renovations or upgrades. The presence of a Sunderland Council Improvement Order signals an advantageous starting point for your enhancement plans, offering guidance on necessary improvements while allowing room for personal customization. Located centrally within SR2, you'll find easy access to urban amenities, parks, and transport links that enhance the desirability of the area. This unique property serves as a blank canvas—whether you aim to restore its period features or modernize it for increased rental yield. With such significant renovation prospects in a sought-after location, this opportunity should not be overlooked.

Investment Analysis

(SR2 area)
Area Average
£144/sq ft
Avg Rent (weekly)
£159
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SR2)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +8.7%
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

Peel Street, Sunderland, Tyne and Wear, SR2 8ED
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£303
Based on a loan of £63,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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