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55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 1
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 2
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 3
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55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 5
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55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 7
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 8
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 9
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 10
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 11
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 12
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 13
55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ - Image 14
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55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ

North East

£60,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Semi Detached House
Area
785 sqft

Description

This three-bedroom semi-detached house presents a compelling renovation project for investors or those looking to customise their future home. Set in a sought-after residential neighbourhood in the North East, the property features a traditional layout with ample living space, including a welcoming entrance hallway, a generously sized living room, and a kitchen/diner that opens directly onto the garden area. The first floor comprises three bedrooms and a family bathroom, all of which are ripe for modernisation. While the interior requires significant updating, this property serves as an ideal blank canvas for buyers seeking to enhance value through creative renovations. The outdoor spaces include both front and rear gardens, providing potential for further landscaping or development. Positioned conveniently close to local amenities, schools, and transport links, this home not only appeals to homeowners but also offers great resale or rental prospects once refurbished. With auction bidding commencing soon, this is an opportune moment for astute investors and developers to explore the potential of this property.

Investment Analysis

(SR5 area)

Below Market Value

This property is priced -45.6% below area average per sq ft

-45.6%
Potential saving
This Property
£76/sq ft
Area Average
£140/sq ft
Avg Rent (weekly)
£175
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£121,279
10% above area average per sq ft
Potential ROI
+34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (SR5)

Area prices are rising by +9.8% over the last 12 months
3 year growth: +8.1%
5 year growth: +27.5%
Investment Disclaimer: Analysis based on SR5 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

55 Cheltenham Road, Sunderland, Tyne and Wear SR5 3QQ
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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
£216
Based on a loan of £45,000 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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