Summary - 38 PEASEMORE ROAD SUNDERLAND SR4 0HN
5 bed 2 bath Semi-Detached
Auction opportunity for investors or renovators seeking strong uplift potential.
- Five bedrooms including converted attic, approximately 1,562 sq ft
- Solar panels and double glazing already installed
- Freehold with decent front and rear gardens and outhouse/garage potential
- Offered at auction; vacant possession and 8-week completion for mortgage buyers
- Needs full renovation and modernisation throughout
- Area classified as very deprived with high local crime rates
- Administration fee £3,600 (inc. VAT) due on exchange
- Suitable for HMO or buy-to-let but subject to planning and local considerations
This five-bedroom semi-detached house on Peasemore Road is offered for sale via auction and presents clear upside for investors, developers and families prepared to renovate. The property is freehold, offers approximately 1,562 sq ft (approx. 145m²) including an attic conversion, and already benefits from solar panels and double glazing.
Affordable entry at the advertised price reflects the need for updating: the house requires renovation throughout and would benefit from modernisation to heating, finishes and services. There is scope to reconfigure rooms, improve energy performance further, or consider an HMO conversion (subject to planning). The plot includes decent front and rear gardens and an outhouse/garage potential.
Practical details for buyers: the lot is sold at auction with vacant possession, an administration fee of £3,600 (inc. VAT) payable on exchange, and an available 8-week completion option for mortgage purchasers who are pre-approved. Local area factors — high crime rates and very deprived area classification — will affect lettability and resale values and should be weighed against the low purchase price and refurbishment potential.
Nearby amenities and schools are within walking distance, and transport links suit commuters. This is a value-led proposition best suited to cash buyers, auction investors prepared for refurbishment, or a growing household willing to complete a substantial programme of works.
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