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Mainsforth Terrace West, Hendon, Sunderland SR2 - Image 1

Mainsforth Terrace West, Hendon, Sunderland SR2

North East

£45,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom cottage presents a promising renovation opportunity for investors and first-time buyers alike. With ample space spread across two floors, the property features a dormer style design that offers potential for customization and modern updates. On the ground floor, you’ll find a bedroom, a sitting room, a kitchen, and a bathroom—each of which could benefit from updating to enhance functionality and appeal. The first floor hosts three additional bedrooms, making this layout ideal for families or those looking to maximize rental potential. Outside, there is a rear yard that can be transformed into an inviting outdoor space for relaxation or entertaining. The location is particularly advantageous, being situated within walking distance of the city center. Residents will find convenient access to local schools and shopping options, which adds to the property's attractiveness for future occupants or tenants. Investors can envision significant value in revamping this cottage to meet current market demands while retaining its unique character. The scope for improvement here could yield rewarding results in both rental income and property appreciation over time. For further details on this property and its potential, inquiries are welcome through Sunderland City Estates, specializing in sales, lettings, and property management.

Investment Analysis

(SR2 area)
Area Average
£151/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£4,500 - £11,250
10-25% of property value
Monthly Sales
24
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SR2)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.8%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on SR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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