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Chester Road, Sunderland, Tyne and Wear, SR4

North East

£180,000
Listed on 27/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a distinctive opportunity for those interested in renovation or investment projects. Nestled just off Chester Road, the property boasts a strategic location close to essential amenities and transport links, providing an ideal base for both homeowners and investors alike. The interior layout includes an entrance hallway that leads into a spacious lounge, a practical kitchen, a bathroom, and three generously sized bedrooms. Each room offers a blank canvas ready for modernisation according to personal preferences. The enclosed garden area further enhances the property, providing a secluded outdoor space that could be transformed into a charming retreat with some thoughtful landscaping. While the bungalow requires refurbishment throughout, its realistic pricing reflects the potential it holds for creating a personalized living environment or enhancing its appeal as an investment property. This makes it particularly attractive to developers or buyers looking for a project that can yield substantial returns. Convenience is a notable feature of this location; it is situated near local amenities such as Sunderland Royal Hospital and the University, ensuring ease of access to essential services and transportation routes in and out of the city. The leasehold structure provides additional flexibility for future plans or investments. For those seeking value in today's market, this property stands out as one with significant renovation potential—making early viewing advisable to fully grasp what can be achieved with this space.

Investment Analysis

(SR4 area)
Area Average
£138/sq ft
Avg Rent (weekly)
£167
Avg Yield
6.8%

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
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

Chester Road, Sunderland, Tyne and Wear, SR4
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