2 Bed Terraced House, Single Let, Gateshead, NE11 9EY, £90,000

30 Fowler Gardens, Gateshead, Tyne And Wear, NE11 9EY - 12 views - 8 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£67.5K - £317K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£116,628
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£4,350

Total Cash In

£26,850

 

 

Cash Out

 

Rent Range

£590 - £1,100

Rent Estimate

£593

Running Costs/mo

£420

Cashflow/mo

£173

Cashflow/yr

£2,078

ROI

8%

Gross Yield

8%

Local Sold Prices

51 sold prices from £67.5K to £317K, average is £125K. £1K/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£89K11/200 mi30, Fowler Gardens, Gateshead, Tyne And Wear NE11 9EY2
£71K12/200.01 mi28, Kelvin Gardens, Gateshead, Tyne And Wear NE11 9EX2
£96K12/200.04 mi22, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£80K02/210.04 mi34, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£91.5K03/230.04 mi12, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£90K05/230.04 mi4, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£67.5K08/240.05 mi63a, Wellington Road, Gateshead, Tyne And Wear NE11 9HD2
£108K10/230.06 mi66, Wellington Road, Gateshead, Tyne And Wear NE11 9HE2
£128.5K12/200.07 mi73, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£145K07/230.08 mi41, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£95K02/210.09 mi59, Ross Avenue, Gateshead, Tyne And Wear NE11 9EQ2
£277.5K09/210.11 mi21, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£95K11/210.14 mi10, Wellington Road, Gateshead, Tyne And Wear NE11 9HB2
£133K06/230.18 mi8, Meadow Lane, Gateshead, Tyne And Wear NE11 9PN2
£85.5K08/230.2 mi78, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£75K07/230.2 mi111, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£150K07/240.2 mi35, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FF2
£122K12/200.21 mi26, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FG2
£92.5K05/210.23 mi11, Victoria Street, Gateshead, Tyne And Wear NE11 9AX2
£100K09/230.23 mi3, Wallace Street, Gateshead, Tyne And Wear NE11 9AY2
£92.5K11/210.25 mi34, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£145K03/240.25 mi24, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£135K06/240.3 mi19, Cormorant Drive, Gateshead, Tyne And Wear NE11 9LF2
£110K09/200.32 mi133, Beech Drive, Gateshead, Tyne And Wear NE11 9PE2
£152K01/230.33 mi12, Ash Grove, Gateshead, Tyne And Wear NE11 9PJ2
£165K11/230.41 mi14, Grace Street, Gateshead, Tyne And Wear NE11 9NT2
£125K01/210.41 mi1, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS2
£95K11/220.41 mi6, Gunn Street, Gateshead, Tyne And Wear NE11 9NU2
£95K10/210.41 mi9, Hawthorn Drive, Gateshead, Tyne And Wear NE11 9PG2
£150K04/230.43 mi36, Wood Street, Gateshead, Tyne And Wear NE11 9NP2
£142.5K07/210.49 mi42, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ2
£150K03/240.51 mi15, Market Lane, Gateshead, Tyne And Wear NE11 9NX2
£85K02/230.53 mi46, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£95K09/230.53 mi30, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£112.5K12/200.55 mi18, Rochester Gardens, Gateshead, Tyne And Wear NE11 9TH2
£125K01/210.62 mi1, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£137K11/210.62 mi2, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£160K06/230.63 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£160K06/230.63 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£167.5K10/230.63 mi14, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£265K11/220.63 mi84, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD2
£145.3K11/200.65 mi45, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH2
£118K03/210.66 mi10, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£147K02/240.66 mi8, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£152K06/210.66 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£130K06/210.66 mi29, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£190K10/230.66 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£185K09/230.67 mi15, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£300K02/220.67 mi54, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£317K09/220.7 mi12, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£117K02/210.7 mi43, Douglas Gardens, Gateshead, Tyne And Wear NE11 9RA2

Local Rents

37 rents from £590/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69506/240.1 miDunston Road, Duston, Gateshead, Tyne and Wear, NE112
£85001/250.18 mi-2
£79505/240.2 miBittern Close, Dunston, Gateshead, Tyne & Wear, NE112
£79512/240.2 miBittern Close, Dunston, NE112
£66002/250.2 mi-2
£72505/240.21 miBittern Close, Gateshead, NE112
£80001/250.21 mi-2
£59012/230.24 mi-2
£65002/240.29 mi-2
£85007/240.31 miCormorant Drive, Gateshead, NE112
£85007/240.31 mi-2
£80007/240.31 mi-2
£62506/240.32 miHaig Street, Dunston, Gateshead, Tyne & Wear, NE112
£75005/240.33 mi-2
£59506/240.38 mi-2
£85007/240.4 miBede Courtyard, Gateshead2
£60002/250.4 mi-2
£70008/240.41 mi-2
£85006/240.41 mi-2
£85007/240.41 mi-2
£82508/240.41 mi-2
£85007/240.41 miPalatine Place, Gateshead, NE112
£85007/240.41 miPalatine Place, Gateshead, NE112
£85007/240.41 miPalatine Place, Gateshead, NE112
£62502/250.42 mi-2
£60001/240.42 mi-2
£60001/240.42 mi-2
£67503/250.42 mi-2
£1,10007/240.42 miSeasons Courtyard, Michaelmas Street, Staithes Southbank2
£85007/240.42 miPalatine Place, Gateshead, Tyne and Wear, NE112
£75005/240.43 mi-2
£67507/240.52 miDunston, Gateshead, NE112
£65005/240.52 mi-2
£67507/240.52 mi-2
£70002/250.52 mi-2
£69506/240.55 miHolly Avenue, Dunston, NE112
£81012/230.59 mi-2

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £90,000

February 20, 2025

Price changed to £80,000

December 4, 2024

Listed for £105,000

July 11, 2024

Sold for £89,000

2020

Sold for £72,000

2014

Sold for £65,000

2011

Sold for £32,000

2000

Floor Plans

Description

  • Attractive Two Bedroom Terraced Family Home +
  • Modern Kitchen Space With Integrated Appliances +
  • Superb Location +
  • Excellent Transport Links +
  • A Must See Home +
  • Double Glazed Windows +

The Property
A superb TWO BEDROOM terraced house situated on the popular Fowler Gardens. The location is convenient for access to the Metro Centre and the A1 motorway.

Internally, the home has been maintained to a high standard with two spacious reception rooms, a well kept kitchen as well as a good rear yard space.
Upstairs benefits from two double bedrooms.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Newcastle upon Tyne

020 3909 0309

Next Steps?

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