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3 Hyde Street, Sunderland, Tyne and Wear SR2 8PJ

North East

£32,000Guide Price

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This ground-floor flat presents a unique opportunity for renovation enthusiasts and investors alike. Comprising two spacious bedrooms, a living room, kitchen, and bathroom, the layout is functional and can be enhanced to maximize rental potential in the sought-after Sunderland rental market. Additionally, the enclosed rear yard offers an outdoor space that could be further developed. The property comes with the added value of freehold ownership of 36 Corporation Road, positioning it advantageously for future enhancements. With approximately 958 years remaining on the lease, this property needs a full refurbishment but holds significant promise for those looking to invest in an area with strong rental demand. Open house viewings are scheduled for late July and early August to explore this investment opportunity further.

Investment analysis

(SR2 area)
Area Average
£143/sq ft
Avg Rent (weekly)
£159
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SR2)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +4.0%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on SR2 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

3 Hyde Street, Sunderland, Tyne and Wear SR2 8PJ
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£121
Based on a loan of £24,000 over 30 years at 4.45% 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.

Stamp duty calculator

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