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Ormonde Street, Sunderland, SR4 - Image 1
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Ormonde Street, Sunderland, SR4

North East

£130,000
Listed on 24/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1334 sqft

Description

This three-bedroom mid-terrace property on Ormonde Street in High Barnes presents a promising investment opportunity with considerable room for renovation. The spacious layout features a large lounge with a classic bay window, a separate dining room, and a kitchen leading to a utility area. On the upper floor, four well-proportioned bedrooms are accompanied by a bathroom and separate toilet, all awaiting your personal touch to transform them into a modern family home. Externally, there is a private yard that offers off-street parking alongside a quaint courtyard garden at the front, enhancing its appeal. With no chain and vacant possession, this property is primed for those looking to invest in an area boasting access to Barnes Park, reputable schools, and convenient transport links to Sunderland City Centre.

Investment Analysis

(SR4 area)

Below Market Value

This property is priced -29.9% below area average per sq ft

-29.9%
Potential saving
This Property
£97/sq ft
Area Average
£139/sq ft
Avg Rent (weekly)
£168
Avg Yield
7.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£203,969
10% above area average per sq ft
Potential ROI
+13.3%
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

Ormonde Street, Sunderland, SR4
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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
£476
Based on a loan of £97,500 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