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Godfrey Road, Grindon, Sunderland - Image 1
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Godfrey Road, Grindon, Sunderland

North East

£95,000
Listed on 24/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
301 sqft

Description

This end-link 2-bedroom house presents an excellent opportunity for renovation in the sought-after area of Grindon. It is conveniently located near shops, schools, and essential amenities, with quick access to the A19 motorway. The property features a well-maintained layout that includes an entrance vestibule, living room with a bay window and feature fireplace, a kitchen/breakfast room equipped with essential fixtures, and two bedrooms on the first floor complemented by a bathroom. While the house is tidy, it would benefit from modernisation to fully realise its potential. Externally, there are front and rear gardens that could be enhanced to create outdoor spaces for enjoyment or additional value. Notably, there is no onward chain involved in this sale, making it an appealing prospect for investors or those looking to add personal touches before moving in.

Investment Analysis

(SR4 area)

Above Market Value

This property is priced +127.1% above area average per sq ft

+127.1%
This Property
£316/sq ft
Area Average
£139/sq ft
Avg Rent (weekly)
£168
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£46,023
10% above area average per sq ft
Potential ROI
-61.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +9.3% over the last 12 months
3 year growth: 9.2%
5 year growth: 20.4%
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

Godfrey Road, Grindon, Sunderland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£348
Based on a loan of £71,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE