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8 Garnet Street, Sunderland, Tyne and Wear SR4 6QS

North East

£40,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Terraced House

Description

This three-bedroom mid-terrace property, located close to Sunderland city centre, presents a significant renovation project for savvy investors and developers. The layout features a spacious ground floor with two reception rooms offering an open-plan feel and a rear kitchen leading out to the private yard, which includes garage access—ideal for off-street parking or additional storage options. Upstairs, you will find three well-sized bedrooms and a family bathroom. The entire property requires extensive refurbishment throughout, providing an excellent opportunity to enhance value significantly. With its generous internal space and desirable location in a thriving residential area, this property is perfectly positioned for rental or resale in response to strong local demand. A timely opportunity for those looking to invest in an area with promising potential.

Investment Analysis

(SR4 area)
Area Average
£133/sq ft
Avg Rent (weekly)
£169
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
89%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +13.6% over the last 12 months
3 year growth: +15.0%
5 year growth: +26.6%
Investment Disclaimer: Analysis based on SR4 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

8 Garnet Street, Sunderland, Tyne and Wear SR4 6QS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£144
Based on a loan of £30,000 over 30 years at 4.06% 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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