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12 Mortimer Street, Sunderland, Tyne and Wear SR4 6RA - Image 1
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12 Mortimer Street, Sunderland, Tyne and Wear SR4 6RA

North East

£10,000

Listed on 19/05/2026

Property Details

Bedrooms
2
Type
Cottage

Description

This two-bedroom bungalow presents a blank canvas for those looking to invest in a property with significant refurbishment potential. Nestled in a desirable area of Sunderland, the property is vacant and offers the flexibility to create a tailored living space or an attractive rental unit. The layout includes an entrance hallway, a spacious living room, a lounge/dining area, a kitchen, a bathroom, and two bedrooms. Additionally, there is a separate WC for convenience. The enclosed rear yard adds another layer of appeal, providing outdoor space that can be transformed according to your vision. With its proximity to local amenities, shops, and transport links—including easy access to Sunderland Royal Hospital—this bungalow is ideally situated for both residential buyers and investors seeking strong resale or rental opportunities post-renovation. Given the current condition requiring comprehensive updates throughout, this property calls for buyers who are ready to undertake a full refurbishment project.

Investment Analysis

(SR4 area)
Area Average
£137/sq ft
Avg Rent (weekly)
£165
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (SR4)

Area prices are rising by +9.5% over the last 12 months
3 year growth: +13.6%
5 year growth: +27.0%
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

12 Mortimer Street, Sunderland, Tyne and Wear SR4 6RA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£36
Based on a loan of £7,500 over 30 years at 3.97% 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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