3 Bed Detached House, Single Let, Gateshead, NE9 5RU, £335,000

Hillcroft, Sourmilk Hill Lane, Gateshead, Tyne And Wear, NE9 5RU - 9 months ago

BTL
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£125K - £550K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.6K/m²

Value Estimate

£220,577

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£83,750

Stamp Duty & Legal Fees

£24,700

Total Cash In

£108,450

 

 

Cash Out

 

Rent Range

£700 - £3,500

Rent Estimate

£725

Running Costs/mo

£1,212

Cashflow/mo

£-487

Cashflow/yr

£-5,842

Gross Yield

3%

Local Sold Prices

49 sold prices from £125K to £550K, average is £255K. £1K/m² to £3.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£291.5K12/200.04 miMaxton, Church Drive, Gateshead, Tyne And Wear NE9 5RB3
£152.5K02/210.05 mi25, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£280.5K01/210.06 mi18, Church Road, Gateshead, Tyne And Wear NE9 5RD3
£215K04/220.07 mi2, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£170K04/230.1 mi2, Glynwood Gardens, Gateshead, Tyne And Wear NE9 5RR3
£237.5K12/220.1 mi9, Rosewood Gardens, Gateshead, Tyne And Wear NE9 5RX3
£550K11/220.13 miThe Shieling, Kellfield Avenue, Gateshead, Tyne And Wear NE9 5YP3
£165K08/240.14 mi1, Arundel Gardens, Gateshead, Tyne And Wear NE9 5YE3
£170.5K09/230.16 mi11, Evenwood Gardens, Gateshead, Tyne And Wear NE9 5RT3
£206K10/230.17 mi15, Larne Crescent, Gateshead, Tyne And Wear NE9 5RP3
£250K11/200.18 mi28, Melrose Avenue, Gateshead, Tyne And Wear NE9 5YD3
£235K04/210.18 mi26, Larne Crescent, Gateshead, Tyne And Wear NE9 5RQ3
£300K09/210.21 mi32, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£280K05/230.21 mi25, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£320K03/230.21 mi17, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£285K04/230.22 mi15, Beaconsfield Avenue, Gateshead, Tyne And Wear NE9 5XT3
£255K01/210.23 mi8, Harcourt Park, Gateshead, Tyne And Wear NE9 5YA3
£277K06/210.23 mi2, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS3
£300K11/200.23 mi4, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS3
£197.5K07/210.23 mi66, Joicey Road, Gateshead, Tyne And Wear NE9 5YL3
£275K01/240.23 mi64, Joicey Road, Gateshead, Tyne And Wear NE9 5YL3
£255K12/220.25 mi22, Derwent Gardens, Gateshead, Tyne And Wear NE9 5XQ3
£339K07/240.26 mi20, Dryden Road, Gateshead, Tyne And Wear NE9 5HQ3
£283K03/240.27 mi10, Wynbury Road, Gateshead, Tyne And Wear NE9 6TS3
£256K11/200.28 mi35, Dryden Road, Gateshead, Tyne And Wear NE9 5HP3
£256K11/230.28 mi21, Dryden Road, Gateshead, Tyne And Wear NE9 5HP3
£280K01/210.28 mi85, Church Road, Gateshead, Tyne And Wear NE9 5RH3
£139K04/240.28 mi56, Broadway, Gateshead, Tyne And Wear NE9 5PY3
£340K06/230.29 mi13, Primrose Hill, Gateshead, Tyne And Wear NE9 5XP3
£340K08/240.29 mi9, Primrose Hill, Gateshead, Tyne And Wear NE9 5XP3
£217.5K02/230.29 mi51, Dryden Road, Gateshead, Tyne And Wear NE9 5TR3
£275.5K04/210.29 mi65, Dryden Road, Gateshead, Tyne And Wear NE9 5TR3
£125K01/210.29 mi27, Sheriffs Highway, Gateshead, Tyne And Wear NE9 5PH3
£304.9K05/230.3 mi3, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£246K03/240.3 mi14, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£220.4K03/210.3 mi3, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£235.5K05/210.3 mi11, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£232K10/200.3 mi9, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY3
£188.5K07/210.3 mi14, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY3
£148K08/210.3 mi21, Ennerdale Gardens, Gateshead, Tyne And Wear NE9 6TQ3
£185K02/230.3 mi22, Ennerdale Gardens, Gateshead, Tyne And Wear NE9 6TQ3
£249.9K11/210.32 mi137, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£305K08/230.32 mi147, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£302.5K07/230.32 mi139, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£210K07/210.32 mi60, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£325K10/230.32 mi62, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£335K04/240.32 mi80, Church Road, Gateshead, Tyne And Wear NE9 5XB3
£220K11/220.32 mi54, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£200K03/210.33 mi127, Dryden Road, Gateshead, Tyne And Wear NE9 5TS3

Local Rents

22 rents from £700/mo to £3.5K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,20003/250.04 mi-3
£89506/240.09 miFlorence Avenue, Low Fell, Gateshead, NE93
£79507/240.22 mi-3
£79507/240.22 miSheriffs Highway, Gateshead, NE93
£85007/240.24 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£1,29506/240.28 miDryden Road, Low Fell, Gateshead, Tyne and Wear, NE93
£70006/240.29 miCauseway, Sheriff Hill, Gateshead, Tyne And Wear, NE93
£1,39506/240.37 miChurch Road, Low Fell3
£1,45003/230.37 mi-3
£1,40004/230.37 mi-3
£1,65008/240.37 mi-3
£1,50006/240.37 miJoicey Road, Gateshead, NE93
£89506/240.45 miCherrytree Gardens, Low Fell3
£79502/240.45 mi-3
£77506/240.48 miWesley Street, Low Fell, Gateshead3
£72506/240.51 mi-3
£72506/240.51 miFernlough, Gateshead, NE93
£89506/240.54 miNorthway, Gateshead3
£95012/240.54 mi-3
£99509/240.55 mi-3
£3,50003/250.61 mi-3
£82506/240.61 miHopper Road, Windy Nook, Gateshead, NE103

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.16 miles away

Nearest school

0.20 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Price changed to £335,000

February 12, 2025

Listed for £350,000

July 13, 2024

Floor Plans

Description

  • 18TH CENTURY DETACHED HOUSE +
  • OVER THREE FLOORS +
  • THREE BEDROOMS +
  • MANY ORIGINAL FEATURES +
  • IMMACULATELY PRESENTED +
  • FANTASTIC VIEWS +
  • GARAGE +
  • WELL KEPT GARDENS +

MAIN DESCRIPTION
We are excited to bring to the sales market this fabulous detached house tuck away in Sourmilk Hill Lane. The property was built in circa 1760 and is presented over three floors.
The property oozes charm and character and you can only imagine the stories this house could tell about its former occupants and their lifestyles.

The accommodation which benefits from double glazing and gas central heating via a combi boiler briefly comprises entrance lobby, hallway with stairs up to a half landing and a beautiful living room with dual aspect windows offering simply amazing views. A well appointed separate dining room, well equipped modern fitted kitchen and a stylish shower room complete the downstairs accommodation.
From the half landing a stunning family bathroom with roll top bath is accessed. The first floor landing leads into two well proportioned bedrooms and a second staircase leads to the top floor where a fabulous third bedroom with Velux window is situated.
Externally the home also benefits from an external brick built home office, a detached timber garage and lovely well stocked front and side gardens with lawn with mature shrubs and planting.

Views from the property are fantastic and stretch for miles across to the Cheviots and also into Newcastle where the River Tyne can be seen along with St James Park and across the city.

Hillcroft is located at the bottom of Sourmilk Hill Lane and accessed via a private residents road situated off Church Road in Low Fell.
Easy access to all local amenities, with more to be found in Low Fell High street which is only a short journey away. Newcastle City centre is easily accessed via car or public transport and the A1 is close at hand. There are a number of primary and secondary schools in the area making the location popular with growing families.

This is a beautiful property and will be of interest to a wide variety of purchasers. A fantastic place to call home and early viewing is essential.

ENTRANCE LOBBY
4' 2" x 4' 10" (1.282m x 1.486m)
Accessed is via a traditional hardwood front door into the entrance lobby with ornate cornicing, partially panelled walls and dado rail. The lobby has fitted carpet and an internal door into the hallway.

HALLWAY
13' 10" x 4' 2" (4.225m x 1.277m)
Beautifully presented hallway with original ornate cornicing, arch with corbels, partial wood panelling to the walls with dado rail. The hallway has a central heating radiator with fitted cover, neutral décor and fitted carpet. A staircase rises up to the half landing.

LIVING ROOM
14' 2" x 12' 10" (4.327m x 3.913m)
The lovely living room is flooded with natural day light through dual aspect double glazed windows to the front and side elevations. Period cornicing, ceiling rose and picture rail. The focal point of the room is a fireplace and hearth with cast iron insert and coal effect gas fire. The room is warmed by a central heating radiator and has fitted laminate flooring. Amazing views from both windows.

DINING ROOM
14' 0" x 14' 0" (4.283m x 4.273m)
A good size second reception room with a double glazed window to the side elevation. This room is tastefully room and has coving, ceiling rose and a central heating radiator with cover. The room has a fireplace and hearth with coal effect gas fire and laminate flooring. Internal window with frosted glass into rear hall.

KITCHEN
13' 4" x 8' 0" (4.077m x 2.455m)
Fitted with an excellent range of modern wall and base kitchen units with contrasting work surfaces. Stainless steel sink and drainer unit and plumbing for a washing machine. Integrated gas hob, oven and chrome extractor hood. The kitchen has a double glazed window, down lights to the ceiling and integrated fridge freezer. A generous walk in shelved pantry is a lovely feature. Tiled walls and laminate flooring.

REAR HALL
Neutral décor and laminate flooring. External half glazed door into rear courtyard. The hallway is warmed by a central heating radiator.

SHOWER ROOM
9' 4" x 4' 4" (2.845m x 1.322m)
The shower room has a walk in shower with tiled floor, low level white WC and pedestal hand basin with vanity unit providing storage. The room has a double glazed window with privacy glass and roller blind, tiled walls and laminate flooring. Warmed by a central heating radiator.

HALF LANDING
Carpeted stairs and half landing. Partially panelled walls with dado rail and access to the bathroom.

BATHROOM
8' 5" x 9' 6" (2.589m x 2.896m)
This larger than average luxurious bathroom comprises beautiful double ended roll top bath with claw feet and shower attachment, low level WC, pedestal hand basin and corner shower cubical with electric shower. Built in cupboard housing combi boiler and offering storage. Fitted down lights to the ceiling, central heating radiator, fully tiled walls and laminate flooring.

FIRST FLOOR LANDING
14' 5" x 6' 7" (4.414m x 2.024m)
Carpeted stairs and landing with spindled balustrade. Partially panelled walls and dado rail, neutral décor and built in storage cupboard. Doors to two bedrooms and stairs to second floor bedroom.

BEDROOM ONE
17' 4" x 14' 3" (5.306m x 4.353m)
A fantastic bedroom with two double glazed windows overlooking the front aspect. The room boasts a decorative fireplace and hearth, original cornicing and ceiling rose and central heating radiator with cover. The room is tastefully decorated and has laminate flooring. Amazing views from this bedroom.

BEDROOM TWO
14' 3" x 10' 3" (4.357m x 3.145m)
Located to the rear of the property. The room has a central heating radiator, ceiling rose and double glazed window. Decorated in neutral tones and laminate flooring.

BEDROOM THREE
21' 5" x 17' 0" (6.545m x 5.191m)
This amazing room certainly has the WOW factor with a double glazed window and two Velux windows. With beams, electric radiator and down lights to the ceiling. Neutral walls and laminate flooring.

EXTERNAL OFFICE
10' 2" x 8' 2" (3.119m x 2.507m)
Accessed by timber door. There is power and lighting, laminate flooring and double glazed window.

GARAGE
Timber garage with double doors.

EXTERNALLY
Well kept gardens to the front and side aspect. The gardens are laid to lawn with mature planted boarders.

DISCLAIMER
These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection. Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information. Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order. Internal measurements are taken as a guide only for prospective purchasers and may not be precise. Please call our office for further detailed information on any points if unclear, in order for us to gain clarification from the vendor.

Agent Details

Belle Vue Estates, Low Fell

0191 625 0195

Next Steps?

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