3 Bed Semi-Detached House, Single Let, Gateshead, NE11 9RB, £155,000

Woodside Gardens, Dunston, Gateshead, Tyne and Wear, NE11 9RB - 10 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£50K - £300K
Sold Prices/m²£694/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£178,191
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,999

Total Cash In

£44,749

 

 

Cash Out

 

Rent Range

£833 - £1,300

Rent Estimate

£778

Running Costs/mo

£660

Cashflow/mo

£118

Cashflow/yr

£1,416

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £300K, average is £171K. £694/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£162K05/210.04 mi19, Spinneyside Gardens, Gateshead, Tyne And Wear NE11 9RJ3
£150K10/230.06 mi24, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£190K10/220.06 mi57, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£145K12/200.06 mi27, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£145K06/210.06 mi55, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£120K04/210.07 mi6, Mount Grove, Gateshead, Tyne And Wear NE11 9XB3
£147K08/210.09 mi7, Braeside, Gateshead, Tyne And Wear NE11 9RD3
£155K01/210.09 mi47, Braeside, Gateshead, Tyne And Wear NE11 9RD3
£210K10/220.09 mi24, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£245K01/240.09 mi1, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£135K06/210.09 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£162K08/230.09 mi6, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£160K07/230.09 mi26, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£158K03/230.1 mi20, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£172K05/210.1 mi28, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£152K02/210.1 mi36, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£190K01/230.1 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£182K11/220.1 mi45, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£150K03/210.1 mi9, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£195K01/210.1 mi3, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£150K03/210.1 mi9, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£180K08/230.1 mi6, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£170K01/210.1 mi28a, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£275K12/220.13 mi13, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£292K10/200.13 mi85, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD3
£199K01/210.13 mi58, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD3
£181K10/220.15 mi62, Knoll Rise, Gateshead, Tyne And Wear NE11 9QQ3
£170K07/210.16 mi43, Knoll Rise, Gateshead, Tyne And Wear NE11 9QQ3
£172K01/240.16 mi52, Cypress Crescent, Gateshead, Tyne And Wear NE11 9XA3
£220K10/210.18 mi13, Hillcrest Drive, Gateshead, Tyne And Wear NE11 9QS3
£137K07/230.18 mi29, Cedar Crescent, Dunston, Gateshead, Tyne And Wear NE11 9UU3
£190K07/240.18 mi30, Percy Gardens, Gateshead, Tyne And Wear NE11 9RY3
£212.5K11/200.19 mi11, Deneside, Gateshead, Tyne And Wear NE11 9QN3
£50K12/200.19 mi14, Knightside Gardens, Gateshead, Tyne And Wear NE11 9RL3
£153K12/230.2 mi1, Woodburn Gardens, Dunston, Gateshead, Tyne And Wear NE11 9RS3
£265K08/220.2 mi8, Finchale Close, Gateshead, Tyne And Wear NE11 9PW3
£212K10/210.21 mi12, Finchale Close, Gateshead, Tyne And Wear NE11 9PW3
£295K09/230.21 mi34, Hillside, Dunston, Gateshead, Tyne And Wear NE11 9QR3
£220K05/220.21 mi31, Hillside, Dunston, Gateshead, Tyne And Wear NE11 9QR3
£215K01/210.21 mi14, Hillside, Dunston, Gateshead, Tyne And Wear NE11 9QR3
£185K04/210.21 mi15, Bracken Drive, Gateshead, Tyne And Wear NE11 9QP3
£300K01/240.21 mi22, Bracken Drive, Gateshead, Tyne And Wear NE11 9QP3
£140K01/230.22 mi130, Braeside, Gateshead, Tyne And Wear NE11 9RH3
£150K03/230.22 mi10, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£140K10/230.22 mi17, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£176K10/230.22 mi18, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£135K06/210.22 mi25, King George Avenue, Gateshead, Tyne And Wear NE11 9UP3
£187K12/220.23 mi5, Woodburn Gardens, Dunston, Gateshead, Tyne And Wear NE11 9RS3
£148K12/200.23 mi2, Cypress Crescent, Gateshead, Tyne And Wear NE11 9UY3
£159.9K10/210.24 mi2, Moore Avenue, Gateshead, Tyne And Wear NE11 9UE3

Local Rents

10 rents from £833/mo to £1.3K/mo, average is £948/mo.

RentDateDistanceAddressBeds 
£89504/250.23 mi-3
£89506/240.29 mi-3
£83303/250.33 mi-3
£87512/240.35 mi-3
£99507/240.41 miMalvern Gardens, Lobley Hill, Gateshead3
£1,30006/240.49 mi-3
£90003/250.56 mi-3
£99504/240.6 mi-3
£1,05005/240.61 miHawthorn House, Lobley Hill3
£1,30006/240.62 miGlanville Close, Festival Park, Gateshead, Tyne and Wear, NE11 9TY3

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.37 miles away

Nearest school

0.40 miles away

Nearest train station

0.36 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £155,000

January 11, 2025

Listed for £159,950

June 11, 2024

Sold for £165,000

2022

Sold for £125,000

2018

Sold for £93,000

2017

Floor Plans

Description

  • Three Bedroom Semi Detached House +
  • Spacious Lounge Dining Room +
  • Gardens Front And Rear +
  • Approx 81 Sq M = 871.87 Sq Ft +
  • Tenure - Freehold +
  • Gateshead Council Tax Band B +
  • EPC Rating D +
  • Viewing Essential +

Viewing is essential to fully appreciate the size and quality of the accommodation on offer.

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 every case.

WCK240119/2

Agent Details

YOUR MOVE Chris Stonock, Whickham

0191 625 0148

Next Steps?

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