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Mainsforth Terrace West, Hendon, Sunderland SR2 - Image 1

Mainsforth Terrace West, Hendon, Sunderland SR2

North East

£45,000
Listed on 15/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious four-bedroom cottage presents a valuable opportunity for renovation, appealing particularly to investors and first-time buyers eager to create their ideal living space. The property features a traditional dormer style and requires comprehensive refurbishment throughout. On the ground floor, you'll find one bedroom, a sitting room, a kitchen, and a bathroom. The first floor comprises three additional bedrooms, offering ample space for family or rental potential. A rear yard adds further outdoor possibilities. Its convenient location near the city centre ensures easy access to local schools and shopping amenities, making this project even more attractive for future resale or rental income.

Investment Analysis

(SR2 area)
Area Average
£140/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SR2)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.1%
5 year growth: 11.6%
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

Mainsforth Terrace West, Hendon, Sunderland SR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£165
Based on a loan of £33,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE