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Sorley Street, Sunderland

North East

£119,950
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
999 sqft

Description

This freehold, two-bedroom terraced house in Sunderland presents a solid opportunity for buyers looking to invest in a home with potential. Situated in a sought-after residential area, it is conveniently close to local shops, schools, and essential amenities. The layout includes two reception rooms: a bright living room featuring large windows and built-in shelving, alongside a separate dining room that offers useful under-stairs storage. The kitchen is functional and well-maintained, providing an ideal space for everyday cooking and dining experiences. Upstairs, you’ll find the spacious master bedroom equipped with built-in wardrobes, complemented by a second double bedroom also featuring storage solutions to maximise available space. The bathroom has been recently updated with contemporary fixtures such as a walk-in shower and heated towel rail. Additionally, the loft is already boarded for extra storage. While the property remains in generally good condition, there are opportunities for modernization that could significantly enhance its value. Ideal for first-time buyers or investors seeking rental potential, this home benefits from proximity to Sunderland city centre with its variety of shops, cafes, and dining options.

Investment Analysis

(SR4 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£120/sq ft
Area Average
£138/sq ft
Avg Rent (weekly)
£164
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£151,483
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
83%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +11.6% over the last 12 months
3 year growth: +11.2%
5 year growth: +23.7%
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

Sorley Street, 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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