About This Property

Discover what makes this home special

The Grasmere is a charming detached family home set within the popular St Michael's Way development in Sunderland. Offering three well-proportioned bedrooms, including a versatile third bedroom/study, and two bathrooms, this property is ideal for growing families or professionals seeking a comfortable and modern living space. The spacious kitchen/dining area opens to the rear garden, providing a bright and airy environment for daily living and entertaining. The inclusion of a garage adds valuable storage and parking convenience.

Located in a thriving residential area with excellent transport links, The Grasmere benefits from proximity to Sunderland city centre, local schools, parks, and retail amenities. The neighbourhood is undergoing positive development, enhancing both lifestyle and investment potential. This property combines practical living with a desirable location, making it a compelling choice for first-time buyers and investors alike.

Property Features

This property boasts a detached layout with a single garage and a versatile third bedroom that can serve as a study. The ground floor features a spacious kitchen/dining room with direct access to the rear garden, ideal for indoor-outdoor living. Upstairs includes a master bedroom with en-suite facilities, a second bedroom, and a family bathroom. The cloakroom WC on the ground floor adds convenience for guests. Overall, the home offers a practical and flexible living arrangement suited to a variety of lifestyles.

DetachedGarageEn-suiteKitchen/Dining RoomRear GardenStudy/Bedroom 3+1

Local Amenities

Situated within easy reach of Sunderland city centre, this location offers a range of amenities including reputable primary and secondary schools such as St Anthony's Primary and St Aidan's Catholic Academy. Sunderland Station is conveniently located under 2 miles away, providing regular train services to Newcastle and Durham. Local shopping needs are well served by Tesco Superstore nearby, while Barnes Park offers green space for recreation. A variety of pubs and restaurants in the area contribute to a vibrant community atmosphere.

St Anthony's Primary SchoolSt Aidan's Catholic AcademySunderland StationTesco SuperstoreBarnes ParkLocal Pubs and Restaurants
Sunderland Station Train Station (1.8 miles, 7 mins drive) • 5 mins by car to Sunderland

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25%
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£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-

Mortgage Calculator

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 entry price
Good local schools
Limited international transport links
Moderate rental demand

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£245
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
30 mins
Durham
30 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 Good
Afternoon Moderate
Evening Low
Kitchen/Dining room
Morning Excellent
Afternoon Good
Evening Moderate
Bedroom 1
Morning Good
Afternoon Good
Evening Moderate

Location Scores

60
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential and Retail+Positive Impact
St Michael's Way Expansion
On-siteEst. 2025
Commercial and Infrastructure+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
AvailableNB0000039280
View Location Analytics

The Grasmere

Sunderland, Sunderland SR2 0GW
St Michaels Way
3
Bedrooms
2
Bathrooms
1,020
Est. Sq ft
detached
Type
Available Plot Numbers
297
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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