3 Bed Terraced House, Single Let, Cramlington, NE23 8DZ, £110,000

Levens Walk, Cramlington, NE23 8DZ - 1 views - 10 months ago

BTL
ROI: 11%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£89.3K - £245K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£137,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£850 - £1,600

Rent Estimate

£856

Running Costs/mo

£535

Cashflow/mo

£321

Cashflow/yr

£3,853

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £89.3K to £245K, average is £143.5K. £1.1K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£96.5K11/200.06 mi41, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£90.5K06/210.06 mi33, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£108K04/230.1 mi40, Longridge Way, Cramlington, Northumberland NE23 8DQ3
£125K08/230.11 mi23, Lochcraig Place, Cramlington, Northumberland NE23 8DB3
£175K09/230.14 mi99, Langdale Drive, Cramlington, Northumberland NE23 8EN3
£135K08/240.15 mi9, Ladykirk Way, Cramlington, Northumberland NE23 8DU3
£89.3K11/200.15 mi3, Lytham Close, Cramlington, Northumberland NE23 8EB3
£115K09/210.15 mi1, Lytham Close, Cramlington, Northumberland NE23 8EB3
£125K02/230.17 mi31, Langdale Drive, Cramlington, Northumberland NE23 8EE3
£190K03/230.18 mi32, Lindsey Close, Cramlington, Northumberland NE23 8EJ3
£192.5K05/210.2 mi111, Langdale Drive, Cramlington, Northumberland NE23 8EW3
£131K12/230.23 mi7, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£152K10/230.23 mi23, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£155K01/240.23 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£155K01/240.23 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£125K08/230.24 mi95, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EZ3
£140K11/230.27 mi26, Southwold Place, Cramlington, Northumberland NE23 8HE3
£136K06/230.3 mi32, Shiel Gardens, Cramlington, Northumberland NE23 8HJ3
£125K03/210.33 mi78, Sudbury Way, Cramlington, Northumberland NE23 8HH3
£130K02/210.34 mi6, Selborne Close, Cramlington, Northumberland NE23 8HL3
£115.5K10/200.35 mi65, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EY3
£120K11/210.41 mi39, Sunnyside, Cramlington, Northumberland NE23 6UU3
£162.5K07/230.47 mi11, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EX3
£205K08/210.47 mi5, Morwick Close, Cramlington, Northumberland NE23 6UE3
£237.5K11/220.47 mi26, Mirlaw Road, Cramlington, Northumberland NE23 6TY3
£142K06/210.47 mi9, Herdlaw, Cramlington, Northumberland NE23 6AH3
£182K05/240.47 mi8, Herdlaw, Cramlington, Northumberland NE23 6AH3
£140K12/220.48 mi39, Blagdon Crescent, Nelson Village, Cramlington, Northumberland NE23 1HJ3
£238.5K12/220.54 mi3, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£180K12/220.54 mi25, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£215K07/240.55 mi15, Newlyn Drive, Cramlington, Northumberland NE23 1RL3
£145K06/210.56 mi15, Harnham Grove, Cramlington, Northumberland NE23 6AG3
£160K10/200.58 mi13, West Farm Court, Cramlington, Northumberland NE23 1AX3
£192K10/230.58 mi18, West Farm Court, Cramlington, Northumberland NE23 1AX3
£225K02/210.59 mi27, Harnham Grove, Cramlington, Northumberland NE23 6AQ3
£138K05/230.59 mi39, Newlyn Drive, Cramlington, Northumberland NE23 1RH3
£192.5K02/230.61 mi1, Hareside, Cramlington, Northumberland NE23 6BH3
£168K04/210.61 mi7, Hareside, Cramlington, Northumberland NE23 6BH3
£180K04/210.62 mi22, Northolt Avenue, Cramlington, Northumberland NE23 1RJ3
£245K09/230.62 mi13, Northolt Avenue, Parkside Chase, Cramlington, Northumberland NE23 1RJ3
£180K08/230.62 mi12, Nairn Road, Cramlington, Northumberland NE23 1RQ3
£125K11/220.63 mi23, Falmouth Walk, Cramlington, Northumberland NE23 1RU3
£132.9K02/210.64 mi19, Needham Place, Cramlington, Northumberland NE23 1RF3
£211K01/240.66 mi12, Debdon Place, Cramlington, Northumberland NE23 6DH3
£156K01/240.67 mi2, Fareham Way, Cramlington, Northumberland NE23 1TB3
£115K04/230.68 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£159K01/240.69 mi95, Newlyn Drive, Cramlington, Northumberland NE23 1RW3
£130K06/210.69 mi145, Newlyn Drive, Cramlington, Northumberland NE23 1RS3
£135K01/210.7 mi38, Highburn, Cramlington, Northumberland NE23 6BG3
£120K05/240.72 mi22, Fareham Way, Cramlington, Northumberland NE23 1TD3

Local Rents

20 rents from £850/mo to £1.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£99007/240.09 mi-3
£1,60005/240.21 miOld Crow Hall Lane, Cramlington, Northumberland, NE23 1BN3
£90005/240.51 miHarwood Close, Cramlington, Northumberland, NE23 6AW3
£1,20005/240.56 miLavender Way, West Meadows, Cramlington3
£1,02505/240.56 miClematis Court, West Meadows, Cramlington3
£1,05005/240.56 miClematis Court, West Meadows, Cramlington3
£1,05005/240.56 miClematis Court, West Meadows, Cramlington3
£1,05005/240.56 miClematis Court, West Meadows, Cramlington3
£1,05005/240.56 miClematis Court, West Meadows, Cramlington3
£1,02505/240.56 miClematis Court, Cramlington3
£1,00006/240.56 miClematis Court, West Meadows, Cramlington3
£99507/240.56 miBluebell Close, West Meadows, Cramlington3
£1,20007/240.56 miClematis Court, West Meadows, Cramlington3
£1,20007/240.56 miLavender Way, West Meadows, Cramlington3
£99505/240.57 miLavender Way, Cramlington3
£85007/240.59 mi-3
£85007/240.59 miMonkside, Cramlington, NE233
£95002/250.59 mi-3
£1,20006/240.6 mi3 bedroom Terraced House in Lavender Way, Cramlington3
£1,20007/240.6 mi3 bedroom End of Terrace House in Clematis Court, Cramlington3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

0.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £110,000

June 5, 2024

Description

  • Mid Terrace Link House +
  • Entrance Hall +
  • Lounge +
  • Fitted Kitchen/Diner +
  • Downstairs Cloakroom +
  • Three Bedrooms +
  • Bathroom/WC +
  • Rear and Front Garden +

* YOU MUST BE AN INVESTOR BUYER TO ENQUIRE ABOUT THIS PROPERTY - NOT SOLD WITH VACANT POSSESSION *

Landlord to Landlord Service - GetAnOffer are looking for LANDLORDS to purchase this home which is currently RENTED and producing an income.

GetAnOffer are pleased to offer this property for sale:

Mid Terrace Link House
Entrance Hall
Lounge
Fitted Kitchen/Diner
Downstairs Cloakroom
Three Bedrooms
Bathroom/WC
Rear and Front Garden

EARLY VIEWING IS HIGHLY RECOMMENDED DUE TO THE PROPERTY BEING PRICED FOR A QUICK SALE.
* FOR FURTHER INFORMATION PLEASE CALL: *

Please Note:

Under the terms of The Estate Agents Act 1979 it is hereby confirmed that Future Planned Relocation Services Ltd (Get An Offer) has a legal interest in this property.
 
All details and measurements have been given for guidance purposes only. Due to the nature of our business our details are usually produced by a third party so any information supplied should be checked by yourself for any inaccuracies.
 
Although this property may have the facility of heating and other appliances they have not been tested at the time of our instructions.
Get an Offer makes no guarantees as to the accuracy within these property details.
 
By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided

Agent Details

GET AN OFFER, Worthing

01903 497334

Next Steps?

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