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Springbank Road, Springwell, Sunderland - Image 1
Springbank Road, Springwell, Sunderland - Image 2
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Springbank Road, Springwell, Sunderland

North East

£119,950
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
517 sqft

Description

This semi-detached house features two bedrooms and is conveniently located on Springbank Road, offering easy access to local schools, shops, and major transport links to Sunderland City Centre and the A19. With no onward chain, this property presents a prime opportunity for investors or homeowners looking to renovate. Internally, the layout comprises an entrance hall leading to a living room with a feature fireplace, a dining room, and a kitchen equipped with essential amenities. The first floor hosts two bedrooms and a bathroom featuring both bath and wet room-style shower facilities. Externally, the property boasts a front lawned garden along with a driveway that provides access to a detached garage. The rear garden includes a patio area perfect for outdoor entertaining. While this home requires some modernisation, it offers significant potential for improvement and value enhancement.

Investment Analysis

(SR3 area)

Above Market Value

This property is priced +15.5% above area average per sq ft

+15.5%
This Property
£232/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£179
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£114,280
10% above area average per sq ft
Potential ROI
-21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (SR3)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -7.0%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on SR3 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

Springbank Road, Springwell, Sunderland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £89,962 over 30 years at 4.06% 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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