3 Bed Terraced House, Single Let, Washington, NE37 1LN, £85,000

Rushyrig, Blackfell, NE37 1LN - 10 months ago

Sold STC
BTL
ROI: 11%
~104 m²
+7 photos

ValuationUndervalued

Sold Prices£65K - £275K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~103.73 m²
Price/m²£819/m²

Value Estimate

£103,700
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£600 - £3,500

Rent Estimate

£669

Running Costs/mo

£419

Cashflow/mo

£250

Cashflow/yr

£2,995

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £65K to £275K, average is £142.5K. £1K/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£65K10/230.03 mi148, Rushyrig, Washington, Tyne And Wear NE37 1LN3
£165K08/230.05 mi3, Bink Moss, Washington, Tyne And Wear NE37 1GD3
£116.5K11/200.05 mi5, Bink Moss, Washington, Tyne And Wear NE37 1GD3
£132K10/200.05 mi29, Bink Moss, Washington, Tyne And Wear NE37 1GD3
£116.5K11/200.05 mi5, Bink Moss, Washington, Tyne And Wear NE37 1GD3
£159.9K11/200.05 mi15, Bink Moss, Washington, Tyne And Wear NE37 1GD3
£180K08/240.13 mi5, Ingleborough Close, Washington, Tyne And Wear NE37 1RZ3
£145K11/230.13 mi18, Ingleborough Close, Washington, Tyne And Wear NE37 1RZ3
£175K05/230.14 mi29, Whernside Close, Washington, Tyne And Wear NE37 1ST3
£210K06/230.14 mi22, Whernside Close, Washington, Tyne And Wear NE37 1ST3
£217K08/230.14 mi7, Whernside Close, Washington, Tyne And Wear NE37 1ST3
£182K11/230.14 mi5, Whernside Close, Washington, Tyne And Wear NE37 1ST3
£192K08/230.15 mi14, Shunner Close, Washington, Tyne And Wear NE37 1SL3
£205K12/230.17 mi29, Pipershaw, Washington, Tyne And Wear NE37 1LF3
£275K07/210.17 mi28, Pipershaw, Washington, Tyne And Wear NE37 1LF3
£145K06/230.19 mi15, Shieldclose, Washington, Tyne And Wear NE37 1LQ3
£159K10/200.2 mi30, Penyghent Way, Washington, Tyne And Wear NE37 1SA3
£152.5K06/240.2 mi26, Penyghent Way, Washington, Tyne And Wear NE37 1SA3
£154.9K04/230.2 mi3, Emblehope, Washington, Tyne And Wear NE37 1SH3
£95K08/230.22 mi191, Stridingedge, Washington, Tyne And Wear NE37 1HW3
£140K02/230.25 mi14, Doddfell Close, Washington, Tyne And Wear NE37 1SZ3
£148.5K03/210.25 mi15, Highheath, Washington, Tyne And Wear NE37 1LG3
£165K10/230.26 mi23, Baugh Close, Washington, Tyne And Wear NE37 1SN3
£70K04/240.26 mi38, Westernmoor, Washington, Tyne And Wear NE37 1LP3
£235K11/220.26 mi104, Westernmoor, Washington, Tyne And Wear NE37 1LT3
£116K10/220.26 mi43, Stanhope, Washington, Tyne And Wear NE38 0LJ3
£100K03/210.27 mi49, Stanhope, Washington, Tyne And Wear NE38 0LJ3
£130K03/240.27 mi40, Stanhope, Washington, Tyne And Wear NE38 0LJ3
£177.5K04/220.28 mi99, Westernmoor, Washington, Tyne And Wear NE37 1LT3
£98K03/230.28 mi15, Crighton, Washington, Tyne And Wear NE38 0LB3
£107.5K02/210.28 mi19, Crighton, Washington, Tyne And Wear NE38 0LB3
£125K08/230.28 mi48, Crighton, Washington, Tyne And Wear NE38 0LD3
£101K01/240.28 mi65, Crighton, Washington, Tyne And Wear NE38 0LD3
£160K12/220.28 mi6, Pheasantmoor, Washington, Tyne And Wear NE37 1GB3
£135K11/220.31 mi27, Raglan, Washington, Tyne And Wear NE38 0LF3
£114.5K10/200.32 mi12, Grousemoor, Washington, Tyne And Wear NE37 1GA3
£156.1K08/210.34 mi8, Craggyknowe, Washington, Tyne And Wear NE37 1JY3
£79K05/240.35 mi85, Raby Road, Oxclose, Washington, Tyne And Wear NE38 0LX3
£118K03/230.35 mi78, Raby Road, Oxclose, Washington, Tyne And Wear NE38 0LX3
£145K05/230.35 mi46, Craggyknowe, Washington, Tyne And Wear NE37 1JZ3
£169.9K06/210.35 mi38, Craggyknowe, Washington, Tyne And Wear NE37 1JZ3
£78K03/240.35 mi17, Craggyknowe, Washington, Tyne And Wear NE37 1JZ3
£180K06/230.35 mi48, Craggyknowe, Washington, Tyne And Wear NE37 1JZ3
£190K12/220.36 mi19, Craggyknowe, Washington, Tyne And Wear NE37 1JZ3
£105K03/230.36 mi6, Braefell Court, Washington, Tyne And Wear NE37 1RS3
£137.8K03/230.38 mi31, Raby Road, Oxclose, Washington, Tyne And Wear NE38 0LT3
£114.5K10/200.39 mi12, Grousemoor, Washington, Tyne And Wear NE37 1GA3
£140K02/210.39 mi27, Grizedale, Washington, Tyne And Wear NE37 1TX3
£95K02/240.4 mi2, Bassenfell Court, Washington, Tyne And Wear NE37 1RP3
£79.5K06/210.41 mi14, Rosegill, Washington, Tyne And Wear NE37 1RR3

Local Rents

15 rents from £600/mo to £3.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79506/240.09 mi-3
£75006/240.12 miStridingedge, Washington3
£85012/240.12 mi-3
£3,50003/250.19 mi-3
£75006/240.36 mi-3
£75007/240.36 mi-3
£69505/240.36 mi-3
£80003/250.36 mi-3
£65006/240.53 miArklecrag, Albany,Washington, Tyne and Wear, NE373
£60004/240.54 mi-3
£67505/240.55 mi-3
£1,10001/250.58 mi-3
£77512/230.58 mi-3
£70006/240.59 miCrossgill, Albany, Washington, Tyne and Wear, NE373
£75012/240.62 miBerwick Street, Washington3

Local Area Statistics

Population in NE37

21,032

Population in Washington

52,264

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

3.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+71%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £85,000

June 12, 2024

Floor Plans

Description

A three bedroom mid terraced family size home featuring a ground floor WC, three generously proportioned bedrooms and a superbly appointed four piece family bathroom. The property is heated via a modern combi boiler and there is an enclosed garden to rear.

Entrance Hall - 1.95m x 0.90m

Ground Floor WC - 1.62m x 0.90m
Low level WC and wash hand basin

Walk In Cupboard - 0.80m x 0.92m
A useful storage space

Kitchen - 3.30m x 2.48m
Fitted with a range of white base and wall cupboards and contrasting work surfaces. Stainless steel sink unit, mixer tap and wall mounted combi boiler

Lounge Dining Room - 5.44m x 4.71m
Large L-shape lounge dining room to the rear with door to the garden. Stairs to:

Landing
Storage cupboards

Bedroom 1 - 4.19m x 2.62m
A good size double bedroom to the rear

Bedroom 2 - 3.82m x 2.62m
A good size double bedroom to the front

Bedroom 3 - 3.20m x 2.67m
A third double bedroom

Bathroom - 3.20m x 2.67m
Fitted with a superb four piece family bathroom with panel bath, low level WC, walk in shower and wash hand basin

Outside
Enclosed rear garden

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.

QWS240179/2

Agent Details

YOUR MOVE Chris Stonock, Washington

0191 625 0779

Next Steps?

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