About This Property

Discover what makes this home special

The Grasmere is a charming detached family home located within the thriving St Michael's Way development in Sunderland. This three-bedroom, two-bathroom property offers a perfect blend of modern living and practical design. The spacious living room and open-plan kitchen/dining area provide ample space for family gatherings and entertaining, while the en-suite master bedroom adds a touch of luxury and privacy. Set within a well-planned community, this home benefits from a private garden facing south-east, allowing for pleasant morning and early afternoon sunlight.

Situated just over two miles from Sunderland city centre, The Grasmere offers excellent connectivity with nearby Sunderland Station providing regular rail services to Newcastle and Durham, making it ideal for commuters. The surrounding area includes a variety of amenities such as schools, parks, shops, and restaurants, ensuring convenience for families and professionals alike. With ongoing local development projects aimed at enhancing residential and commercial facilities, this property represents a sound investment with promising growth potential.

Property Features

This detached home features three well-proportioned bedrooms including a master with en-suite, a modern open-plan kitchen and dining area with French doors leading to the garden, and a spacious living room with ample natural light. Additional benefits include a garage for secure parking and storage cupboards for extra space. The layout is designed to maximise comfort and functionality for family living.

DetachedEn-suiteGarageGardenOpen-plan Kitchen/DiningStorage Cupboards

Local Amenities

The property is located in a family-friendly neighbourhood with access to well-regarded schools such as St Michael's Primary and Southmoor Academy. Daily conveniences are met with nearby supermarkets including Tesco and a range of local shops. Outdoor enthusiasts will appreciate proximity to Barnes Park, a large green space offering recreational facilities. The area also boasts a selection of cafes, pubs, and a medical centre, providing a well-rounded community environment.

St Michael's Primary SchoolSouthmoor AcademySunderland StationTesco SuperstoreBarnes ParkLocal Pubs+2
Sunderland Station Train Station (2.1 miles, 8 mins drive) • 5 mins by car to Sunderland

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25%
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4.5%
Monthly Payment-
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Purchase Costs
Total Price£249,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

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10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£249,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable price point
Limited direct international transport links
Good rental demand from local professionals and students

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£249,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.1%
Based on £1,062/mo rent
Area Price Growth
+2.8%
Average annual increase
5-Year Value Forecast
£286,731
+£36,736 projected gain
5-Year Rent Forecast
£1,553/mo
Based on 7.9% annual growth
Price per Sq Ft£248
Annual Rent Income£12,744
10-Year ROI204%
Break-Even Point13 yrs

Property Value Projection

Based on 2.8% annual growth
£286,731
5yr
£328,865
10yr
£377,190
15yr
£432,617
20yr
£496,188
25yr
Current: £249,995

Monthly Rental Income

Based on 7.9% annual growth
£1,553
5yr
£2,272
10yr
£3,322
15yr
£4,859
20yr
£7,107
25yr
Current: £1,062/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Newcastle Central
25 mins
35 mins
Durham
20 mins
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining Room
Morning Good
Afternoon Good
Evening Moderate
Master Bedroom
Morning Moderate
Afternoon Good
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential Expansion+Positive Impact
St Michael's Way Phase 2
On-siteEst. 2025
Commercial and Leisure+Positive Impact
Sunderland City Centre Regeneration
2 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£249,995
AvailableNB0000039277
View Location Analytics

The Grasmere

Sunderland, Sunderland SR2 0GW
St Michaels Way
3
Bedrooms
2
Bathrooms
1,010
Est. Sq ft
detached
Type
Available Plot Numbers
198
1 plot(s) available
Ownershipfreehold

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£249,995The Grasmere

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The Grasmere
The GrasmereSunderland£249,995

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