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Ewesley Road, High Barnes, Sunderland - Image 1
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Ewesley Road, High Barnes, Sunderland

North East

£145,000
Listed on 17/06/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
506 sqft

Description

Nestled in the highly desirable High Barnes area, this three-bedroom property presents a solid foundation for those looking to create their ideal home. While it has seen some updates over the years, significant potential remains for renovations and personalization. This house is an excellent opportunity for buyers interested in enhancing their living space and investing in real estate. Upon entering, you're greeted by a welcoming hallway that leads to two distinct reception rooms – perfect for both casual living and entertaining. The lounge features a charming bay window, allowing natural light to fill the room, while the dining area boasts built-in storage and access to the kitchen. The kitchen, currently equipped with essential appliances, offers ample space for further upgrades or reconfiguration. The first-floor layout comprises three bedrooms, each with unique attributes. The primary bedroom benefits from fitted wardrobes and views of the front garden, while the second bedroom overlooks the peaceful rear. The third bedroom provides flexibility as a guest room or office space. A family bathroom rounds out the upper level; although functional, it presents opportunities for modern enhancements. Externally, this home includes an inviting front garden along with a mature rear garden that adds privacy and tranquility. A large garage features a remote control roller shutter door for convenience and security, complemented by an attached store which could serve multiple purposes – be it additional storage or a small workshop. This property’s prime location enhances its appeal further: it's within close proximity to local amenities, shops, schools such as Barnes Infants School, and Sunderland Royal Hospital. Good transport links mean easy access to surrounding areas. With immediate vacant possession available and no upper chain involved, this property is poised for those eager to invest time and creativity into its renovation process. Early viewing is advised to fully appreciate its potential in this sought-after neighborhood.

Investment Analysis

(SR4 area)

Above Market Value

This property is priced +107.4% above area average per sq ft

+107.4%
This Property
£287/sq ft
Area Average
£138/sq ft
Avg Rent (weekly)
£167
Avg Yield
6.8%

Renovation Potential

Est. Renovation Cost
£14,500 - £36,250
10-25% of property value
Target Value
£76,922
10% above area average per sq ft
Potential ROI
-57.6%
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

Ewesley Road, High Barnes, Sunderland
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