3 Bed Terraced House, Single Let, Wallsend, NE28 9BW, £109,250

8 Banbury Gardens, Wallsend, Tyne And Wear, NE28 9BW - 7 views - 10 months ago

Sold STC
BTL
ROI: 5%
~109 m²
+4 photos

ValuationUndervalued

Sold Prices£70K - £237.5K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~109.20 m²
Price/m²£1K/m²

Value Estimate

£141,450
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,313

Stamp Duty & Legal Fees

£4,650

Total Cash In

£31,963

 

 

Cash Out

 

Rent Range

£530 - £2,250

Rent Estimate

£650

Running Costs/mo

£491

Cashflow/mo

£159

Cashflow/yr

£1,903

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £237.5K, average is £140.5K. £1.3K/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£120K01/210.02 mi7, Bradford Avenue, Wallsend, Tyne And Wear NE28 9DF3
£132.5K03/230.04 mi8, Bexley Gardens, Wallsend, Tyne And Wear NE28 9BP3
£105K12/200.05 mi12, Boldon Close, Wallsend, Tyne And Wear NE28 9BU3
£110K12/220.08 mi45, Bradford Avenue, Wallsend, Tyne And Wear NE28 9DQ3
£108K08/210.09 mi2, Bradford Avenue, Wallsend, Tyne And Wear NE28 9DD3
£97K06/230.09 mi6, Bradford Avenue, Wallsend, Tyne And Wear NE28 9DD3
£70K08/210.11 mi21, Barmouth Close, Wallsend, Tyne And Wear NE28 9AR3
£110K12/200.12 mi30, Barton Close, Wallsend, Tyne And Wear NE28 9AW3
£133K06/210.13 mi10, Caleb Drive, Wallsend, Tyne And Wear NE28 9HN3
£125K12/210.14 mi15, Bray Close, Wallsend, Tyne And Wear NE28 9RJ3
£142K05/230.16 mi4, Boreham Close, Wallsend, Tyne And Wear NE28 9RL3
£165K06/210.16 mi11, Bristol Drive, Wallsend, Tyne And Wear NE28 9HW3
£189.9K04/240.16 mi17, Bristol Drive, Wallsend, Tyne And Wear NE28 9HW3
£128K02/230.16 mi117, Bristol Drive, Wallsend, Tyne And Wear NE28 9RQ3
£210K12/220.17 mi18, Canterbury Avenue, Wallsend, Tyne And Wear NE28 9QD3
£140K04/210.19 mi37, Russell Close, Wallsend, Tyne And Wear NE28 9JY3
£152.5K05/230.22 mi6, Bath Close, Wallsend, Tyne And Wear NE28 9DZ3
£118K12/230.22 mi34, Berkley Close, Wallsend, Tyne And Wear NE28 9BJ3
£140K11/230.25 mi11, Belper Close, Wallsend, Tyne And Wear NE28 9BH3
£125K10/230.26 mi6, Bellingham Close, Wallsend, Tyne And Wear NE28 9DS3
£131K07/240.27 mi20, Barr Close, Wallsend, Tyne And Wear NE28 9SZ3
£213K07/230.27 mi108, Cheadle Avenue, Wallsend, Tyne And Wear NE28 9QP3
£120K06/230.27 mi15, Bodmin Close, Wallsend, Tyne And Wear NE28 9SF3
£130K12/200.27 mi1, Bodmin Close, Wallsend, Tyne And Wear NE28 9SF3
£126K05/230.27 mi5, Bodmin Close, Wallsend, Tyne And Wear NE28 9SF3
£171K01/230.28 mi2, Berry Close, Wallsend, Tyne And Wear NE28 9AQ3
£168K09/230.3 mi4, Blackthorn Drive, Wallsend, Tyne And Wear NE28 9AH3
£141K12/200.31 mi7, Barnwood Close, Wallsend, Tyne And Wear NE28 9BG3
£180K08/210.32 mi3, Cambo Close, Wallsend, Tyne And Wear NE28 9QL3
£167.5K07/230.33 mi69, Cheadle Avenue, Wallsend, Tyne And Wear NE28 9QT3
£182K09/210.34 mi63, Boscombe Drive, Wallsend, Tyne And Wear NE28 9DP3
£187.3K10/210.34 mi6, Corbridge Close, Wallsend, Tyne And Wear NE28 9QW3
£133.5K12/200.35 mi95, Addington Drive, Wallsend, Tyne And Wear NE28 9QJ3
£199.9K05/230.35 mi6, Bridgewater Close, Wallsend, Tyne And Wear NE28 9EE3
£160K06/240.37 mi53, Cheadle Avenue, Wallsend, Tyne And Wear NE28 9QS3
£159.9K06/240.38 mi20, Broadstone Way, Wallsend, Tyne And Wear NE28 9DN3
£121K12/200.4 mi69, Bowness Avenue, Wallsend, Tyne And Wear NE28 9SN3
£200K11/210.4 mi9, Segedunum Crescent, Wallsend, Tyne And Wear NE28 7JN3
£185K08/210.41 mi42, Valeria Close, Wallsend, Tyne And Wear NE28 9QY3
£205K08/230.42 mi17, Roman Court, Wallsend, Tyne And Wear NE28 7JP3
£213.5K06/240.42 mi24, Bourtree Close, Wallsend, Tyne And Wear NE28 9AA3
£135K11/230.43 mi26, Bathgate Close, Wallsend, Tyne And Wear NE28 9SU3
£95K06/230.44 mi13, Bowness Avenue, Wallsend, Tyne And Wear NE28 9SL3
£135K07/230.44 mi6, Baildon Close, Wallsend, Tyne And Wear NE28 9DJ3
£237.5K10/230.45 mi54, Warkworth Avenue, Wallsend, Tyne And Wear NE28 9HZ3
£172K01/230.45 mi38, Caesar Way, Wallsend, Tyne And Wear NE28 7JJ3
£152K10/210.46 mi20, Culford Place, Wallsend, Tyne And Wear NE28 9UQ3
£169.9K07/230.47 mi1, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR3
£150K03/210.47 mi26, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR3
£100K01/230.47 mi30, St Oswalds Road, Wallsend, Tyne And Wear NE28 7HR3

Local Rents

34 rents from £530/mo to £2.3K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£1,05009/240.18 mi-3
£85005/240.18 miAlexandrea Way, Wallsend3
£80007/240.24 miBingley Close, Wallsend, NE283
£85011/240.26 mi-3
£99505/240.41 miValeria Close, Hadrian Park, Wallsend, NE283
£2,25003/250.49 mi-3
£2,20005/240.49 mi-3
£95008/230.56 mi-3
£89505/240.66 miMitford Gardens, Wallsend3
£1,00004/250.66 mi-3
£77506/240.79 miElgin Avenue, Wallsend. NE28 0PJ3
£99504/240.99 mi-3
£1,25005/241.01 miMoor Edge Drive, Wallsend, Tyne and Wear, NE283
£69506/241.03 miBurn Terrace, Wallsend, NE28 7BJ3
£95006/241.03 mi-3
£85008/231.06 mi-3
£64001/251.06 mi-3
£75005/241.07 miCharlotte Street, Wallsend 3
£98011/231.07 mi-3
£65009/231.1 mi-3
£1,20007/241.12 miRidge Way, Wallsend3
£85005/241.13 mi-3
£79505/241.15 miCroft Avenue, Wallsend, NE283
£87503/241.15 mi-3
£74504/241.15 mi-3
£53005/241.16 miPark Road, Wallsend3
£99504/251.16 mi-3
£62502/251.16 mi-3
£82508/241.21 mi-3
£1,05007/241.21 miCoquet Gardens, Wallsend3
£65005/241.24 mi-3
£1,15012/231.24 mi-3
£1,27511/241.24 mi-3
£1,50012/241.24 miMiller Close, Palmersville, Newcastle Upon Tyne3

Local Area Statistics

Population in NE28

44,519

Population in Wallsend

44,520

Town centre distance

0.55 miles away

Nearest school

0.10 miles away

Nearest train station

1.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+43%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Price changed to £109,250

December 4, 2024

Listed for £115,000

July 2, 2024

Sold for £90,000

2008

Floor Plans

Description

  • Three bedroom town house +
  • Popular location +
  • Garage +
  • EPC to follow +
  • Council tax band A, North Tyneside Council +

Your Move are delighted to welcome to the market this spacious mid-terraced house boasting three bedrooms, ideally located within a sought-after neighbourhood.

This property offers a perfect blend of convenience and comfort, with ample living space for a growing family.

The property also benefits from a private garden, perfect for outdoor entertaining or relaxing in the sun. In addition, there is a garage providing secure parking or extra storage space. With its prime location and attractive features, this property is sure to appeal to those seeking a comfortable and convenient family home. Don't miss out on this fantastic opportunity – arrange a viewing today!

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.

WSD230443/2

Agent Details

YOUR MOVE Chris Stonock, Wallsend

0191 625 0241

Next Steps?

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