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Ethel Terrace, Castletown, Sunderland, Tyne and Wear, SR5 3BQ - Image 1
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Ethel Terrace, Castletown, Sunderland, Tyne and Wear, SR5 3BQ

North East

£168,000
Listed on 15/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1309 sqft

Description

This well-positioned four-bedroom detached home in Castletown presents an excellent opportunity for those looking to invest or create a tailored family residence. Set on a generous plot of around 0.16 acres, the property features noteworthy aspects including owned solar panels and a recently installed combi boiler, bringing efficiency to the forefront. The extensive outdoor space not only enhances privacy but provides scope for potential landscaping or even an extension, pending planning approvals. Inside, the property requires a comprehensive modernisation to unlock its full potential, making it a blank canvas ready for your personal touch. The ground floor comprises a welcoming entrance hall leading into a spacious living area and dedicated dining room, perfect for family gatherings. The kitchen and adjoining utility offer practical arrangements for everyday activities, complemented by integral garage access. Upstairs, four generously sized bedrooms await, each filled with natural light. A highlight is the family bathroom featuring both a bath and separate shower cubicle. Situated in a tranquil residential area, local conveniences such as Morrisons Daily and Castletown Post Office are within easy reach. Commuters will appreciate the quick access to major roadways facilitating travel to Newcastle, Durham, and Sunderland City Centre. Outdoor enthusiasts can enjoy nearby Hylton Castle and the River Wear for recreational activities.

Investment Analysis

(SR5 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£128/sq ft
Area Average
£144/sq ft
Avg Rent (weekly)
£173
Avg Yield
7.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£65,000 - £85,000
Target Value
£207,418
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SR5)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +10.1%
5 year growth: +27.0%
Investment Disclaimer: Analysis based on SR5 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

Ethel Terrace, Castletown, Sunderland, Tyne and Wear, SR5 3BQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£595
Based on a loan of £126,000 over 30 years at 3.91% 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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