Expert Estate Agent & Letting Agent Services In Sunderland
Peter Heron is the leading estate agent in Sunderland selling houses here for over 60 years. Our principal sales and lettings office is located in the city centre of Sunderland’s main commercial high street a busy thoroughfare leading through to The Bridges Shopping Centre. We occupy contemporary office space with 24/7/365 high visibility for our client’s sales and rental properties, boasting prominent window displays and with a welcoming atmosphere to those who visit.
Specialising in residential sales and lettings, Managing Director Ashley O’Carroll and his team of sales and letting experts, all of whom live in Sunderland, offer a highly professional, award winning service and have worked together for many years thus have a wealth of experience. Our mission is to continue to be the No.1 Sunderland estate agent for anyone buying, selling or renting property in the city by providing a service that gets results.
The lettings team run a professional property management service and our vast experience locally has given us a great understanding of the various needs demanded by landlords and tenants alike. This has driven us to deliver a tailored service designed to each landlord’s individual requirements for every property transaction.
Property in Sunderland
Families looking to purchase within Sunderland are obviously governed by schooling and favour the locations close to good Ofsted rated schools, but competition for limited places at these schools creates upward pressure on property values. Popular suburbs include Ashbrooke, Christchurch, Thornhill, Eden Vale, Barnes, High Barnes, Tunstall, Elstob, Essen Way, East Herrington, Middle Herrington, New Herrington, Ryhope, Moorside, East Moorside, Chapel Garth, Northfield Green, Blakeney Wood, Broadway Grange, Burdon Vale, Doxford Park, Doxford Rise, Thurcroft, Beckwith Green, Cherry Tree Park, Tunstall Grange, Tunstall Vale, Tunstall Village, Leechmere, Leechmere Grange, Strawberry Bank, Thristley Grange, Thristley Wood, St. Aiden’s Estate, Havelock Park, Alexandra Park, Hartley Wood, Rainton Meadows, South Hylton, Highfield Park and Forge Court.
We have recently seen a huge rise in demand from regional, nationwide and international investor landlords looking to purchase properties to rent in Sunderland because of the impressive rental income they produce. With an average 10% yield, Sunderland is a hotspot for landlords due to the “excellent value for money (low capital value/high income)” properties located in the City. Dwelling in particular demand are ex local authority semi detached and link villas along the A19 corridor which serves Doxford International Business Park , Nissan and Rolls Royce, together with the wider North East regional centres including Durham City, Newcastle Upon Tyne and Teeside. Many first time buyers favour these house styles within “the corridor”; but over recent years, we are seeing a growing trend in “millennial generation” professionals opting to rent as opposed to owning their own home and there is a huge demand from potential tenants. Locations in particular demand include Springwell, Plains Farm, Grindon, Farringdon, Humbledon, Leechmere, East Herrington, Thorney Close, Hall Farm, Mill Hill, Silksworth, New Silksworth, Ryhope, Hollycarrside, Grangetown, Hill View, South Hylton, Pennywell, Hylton Lane Estate and St. Luke’s Estate.
Suburbs surrounding the City Centre offer a plethora of property styles. With a huge shipbuilding and coal mining heritage, Sunderland grew at an incredible rate during the Industrial Revolution and thousands of homes were built, ranging from the ever popular ”Sunderland cottage” (single storey terraced house) for the ship builder’s tradesmen and miners right up to Victorian mansions belonging to the ship and coal mine owners. Suburbs such as Hendon, Pallion and Millfield which mainly comprise these cottages, are not only very popular with investor landlords due to their affordability and great income potential, but also first time buyers.