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Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 1
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 2
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 3
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 4
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 5
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 6
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 7
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 8
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 9
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 10
Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ - Image 11

Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ

North East

£65,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
674 sqft

Description

This charming two-bedroom cottage presents an intriguing renovation opportunity in the desirable Millfield area of Sunderland. The property is strategically located near a variety of local amenities, including shops and educational facilities, making it an ideal choice for both homeowners and investors. Proximity to Sunderland city centre ensures easy access to urban offerings, while excellent transport links facilitate commutes throughout the North East. Currently requiring refurbishment, this cottage allows new owners to create a living space tailored to their preferences. It's perfect for first-time buyers eager to add personal touches or for investors looking to enhance their portfolios with a property that has significant improvement potential at an attractive price point. Inside, the layout features an inviting entrance hall leading into a spacious living room and an additional versatile reception room. The two bedrooms are generously proportioned, providing ample room for furnishings and storage solutions. The kitchen holds promise as a customizable culinary area, while the family bathroom completes the thoughtful design of the interior. Outside, a private rear yard offers possibilities for outdoor leisure activities or additional storage, enhancing the property's appeal. Given the competitive pricing and potential for value enhancement through renovation, early viewing is recommended to fully appreciate what this property can offer. For more information or to arrange a viewing, please contact our dedicated team in Sunderland who can assist you in exploring this promising investment opportunity in Millfield.

Investment Analysis

(SR4 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£96/sq ft
Area Average
£136/sq ft
Avg Rent (weekly)
£164
Avg Yield
7.0%

Renovation Potential

Est. Renovation Cost
£6,500 - £16,250
10-25% of property value
Target Value
£100,905
10% above area average per sq ft
Potential ROI
+24.2%
After renovation
Monthly Sales
31
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 7.7%
5 year growth: 17.5%
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

Rokeby Street, Millfield, Sunderland, Tyne and Wear, SR4 7EQ
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