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Grey Terrace, Sunderland, SR2
For saleReduced 28 Oct 2026
£66,000Offers over

Grey Terrace, Sunderland, SR2 0QT

1bedroom
1bathroom
Flattype
538sq ft
Leaseholdtenure

Listed 17 Jun 2026 · price reduced 28 Oct 2026 · Sunderland

How the price compares

This home£66,000£123 per sq ft
Median 1 bed in SR2£60k9 homes listed · £110 per sq ft
Difference+10%above the area median

Key features

  • Street Parking
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

About this home

Our latest listing is a 1-bedroom flat property located in Sunderland. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 1 bedroom, a spacious lounge, a bathroom, a kitchen, and access to street parking.

Investment details

It currently produces an annual gross income of £6,300 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Property details

Property type
Flat
Size
538 sq ft / 50 sq m
Council tax band
A
Tenure
Leasehold
Parking
Yes

Floorplan

Floor plan

Location

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  • Seaham Station2.3 mi
  • Park Lane Metro Station2.5 mi
  • University Metro Station2.8 mi

What nearby homes sold for

Median sold prices in SR2 over the last 12 months: semi-detached £172k · terraced £130k · detached £290k · flat £85k.

AddressTypeSoldPrice
16 Grey Terrace
Sunderland SR2 0QS		Terraced
Freehold		28 Aug 2026£187,500
13 Grey Terrace
Sunderland SR2 0QS		Terraced
Freehold		8 Oct 2025£144,000
3 Grey Terrace
Sunderland SR2 0QT		Terraced
Freehold		11 Apr 2025£133,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SR2

Buying costs

Monthly repayment£330£6,600 deposit · £59,400 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 17 Jun 2026; details checked 7 Nov 2026. Latest change: reduced on 28/10/2026.

Agent disclaimer

Disclaimer - Property reference 224662777. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Let Property Sales & Management, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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