# 2 bedroom terraced house for sale (SR2 8PR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 148 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR SR2 8PR |
| Price | £60,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £50,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 19/07/2029
- **Current heating cost:** £817/year

### Recommendations
- W1 (1,200)
- N (6,000)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2308-9025-7203-6851-7900)

## Description

Two bedroom mid terraced cottage situated on Canon Cockin Street, Hendon. Currently tenanted for 600pcm the property demonstrates an achievable rental yield of 12%. The property is not being sold with the tenant in situ, the tenant is currently due to vacate at the end of December. 

The accommodation is set out over one floor and comprises entrance hall, lounge, kitchen, two bedrooms, bathroom and rear lobby complete with fitted wardrobes. 

Externally there is a yard to the rear providing a useful multipurpose area. 

We understand the property to be Freehold.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:**

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. 

SUN250721/2

## Property Photos

- ![External](/listings/photos/168648113/1778843) - External
- ![Lounge](/listings/photos/168648113/1778846) - Lounge
- ![Bedroom One](/listings/photos/168648113/1778847) - Bedroom One
- ![Bedroom Two](/listings/photos/168648113/1778848) - Bedroom Two
- ![Lobby](/listings/photos/168648113/1778849) - Lobby
- ![Kitchen](/listings/photos/168648113/1778850) - Kitchen
- ![Bathroom](/listings/photos/168648113/1778852) - Bathroom
- ![Yard](/listings/photos/168648113/1778853) - Yard

## Floorplans

- ![Floorplan](/listings/photos/168648113/1778854) - Floorplan

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 148 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £50,000 | 12/03/2026 | Terraced |
| 148 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £35,000 | 15/07/2020 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 44 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QG | £61,500 | 24/03/2026 | Terraced |
| [Same street] 123 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £30,000 | 16/01/2026 | Terraced |
| 63 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QE | £85,000 | 09/01/2026 | Terraced |
| 74 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QE | £39,999 | 08/12/2025 | Terraced |
| [Same street] 124 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £65,000 | 04/12/2025 | Terraced |
| 69 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QE | £50,000 | 14/11/2025 | Terraced |
| 68 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PW | £37,500 | 12/11/2025 | Terraced |
| 141 HASTINGS STREET, SUNDERLAND, TYNE AND WEAR, SR2 8SL | £55,000 | 13/08/2025 | Terraced |
| 119 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QB | £31,000 | 12/06/2025 | Terraced |
| 5 HASTINGS TERRACE, SUNDERLAND, TYNE AND WEAR, SR2 8SH | £39,000 | 06/03/2025 | Terraced |
| 65 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QE | £50,000 | 13/02/2025 | Terraced |
| 18 FULLER ROAD, SUNDERLAND, TYNE AND WEAR, SR2 8SP | £39,999 | 24/01/2025 | Terraced |
| 51 CAIRO STREET, HENDON, SUNDERLAND, TYNE AND WEAR, SR2 8QH | £52,000 | 03/10/2024 | Terraced |
| 39 CORPORATION ROAD, SUNDERLAND, TYNE AND WEAR, SR2 8PG | £85,000 | 28/11/2023 | Terraced |
| [Same street] 138 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £75,000 | 20/11/2023 | Terraced |
| 113 CAIRO STREET, HENDON, SUNDERLAND, TYNE AND WEAR, SR2 8QN | £30,000 | 30/10/2023 | Terraced |
| 62 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QE | £47,500 | 20/10/2023 | Terraced |
| 115 HASTINGS STREET, SUNDERLAND, TYNE AND WEAR, SR2 8SL | £65,000 | 28/09/2023 | Terraced |
| 66 CAIRO STREET, HENDON, SUNDERLAND, TYNE AND WEAR, SR2 8QL | £37,500 | 08/09/2023 | Terraced |
| 16 ST LEONARD STREET, SUNDERLAND, TYNE AND WEAR, SR2 8QG | £30,000 | 07/08/2023 | Terraced |
| 5 HASTINGS TERRACE, SUNDERLAND, TYNE AND WEAR, SR2 8SH | £37,500 | 25/07/2023 | Terraced |
| 87 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PW | £42,000 | 20/07/2023 | Terraced |
| 77 PERCY TERRACE SOUTH, SUNDERLAND, TYNE AND WEAR, SR2 8SG | £87,000 | 14/07/2023 | Terraced |
| [Same street] 136 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £49,000 | 21/12/2022 | Terraced |
| [Same street] 129 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £45,000 | 13/12/2022 | Terraced |
| [Same street] 107 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £43,000 | 30/08/2022 | Terraced |
| [Same street] 130 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £41,500 | 28/06/2022 | Terraced |
| [Same street] 124 CANON COCKIN STREET, SUNDERLAND, TYNE AND WEAR, SR2 8PR | £58,995 | 27/08/2021 | Terraced |

**Street average:** £50,937 (8 sales)
**Area average:** £50,125 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £118,047 (60 Terraced, SR2, 2024–2026)
- **Deviation:** -49.2%

## Rental Range

*ONS Price Index of Private Rents (Sunderland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £633/mo
- **Realistic:** £703/mo
- **Optimistic:** £773/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Sunderland (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Bungalow, Saint Leonard Street, SR2 | £625/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed End Terrace, Villette Road, SR2 | £450/mo | 2 | 0.33 miles | OpenRent |
| 2 Bed Flat, Elms West, SR2 | £1,950/mo | 2 | 0.8 miles | OpenRent |
| 2 Bed Flat, Argyle Square, SR2 | £700/mo | 2 | 0.97 miles | OpenRent |

**Average rent: £931/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 1.11% (strong)
- **Max investor price (0.8%):** £82,875
- **Target investor price (1%):** £66,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £663/mo).*

- **Gross yield:** 13.3%
- **Cost-to-rent:** 7.5×
- **Monthly cashflow:** £335/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 23.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £909/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 25.5%
- **10y growth:** -6%

## House Price Index (HM Land Registry)

*Official index for Sunderland; Terraced series; as of May 2026.*

- **1y growth (index):** 7.3%
- **5y growth (index):** 20.9%
- **10y growth (index):** 40.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)