2 Bed Terraced House, Single Let, Hebburn, NE31 1ED, £80,000

31 Parliament Street, Hebburn, Tyne & Wear, NE31 1ED - 9 months ago

BTL
ROI: 8%
~68 m²

ValuationUndervalued

Sold Prices£58K - £265K
Sold Prices/m²£649/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£99,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£530 - £1,800

Rent Estimate

£556

Running Costs/mo

£381

Cashflow/mo

£175

Cashflow/yr

£2,098

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £58K to £265K, average is £118K. £649/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£85K07/210.03 mi4a, Parliament Street, Hebburn, Tyne And Wear NE31 1ED2
£88K09/210.04 mi16, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£90K01/240.04 mi58, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K10/200.04 mi50, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£81K02/210.08 mi30, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£108K02/210.08 mi19, Pinewood, Hebburn, Tyne And Wear NE31 1YP2
£135K05/210.09 mi168, Ellison Street, Hebburn, Tyne And Wear NE31 1BW2
£58K01/210.1 mi13, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£117K10/220.12 mi118, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£70K02/230.12 mi116, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£127K10/230.16 mi26, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£113K09/210.22 mi61, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£93K05/240.22 mi39, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£180K06/230.27 mi63, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£265K02/240.27 mi73, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£118K08/240.31 mi70, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£122.5K06/240.31 mi88, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£120K02/230.31 mi71, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£127.5K07/240.31 mi60, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£130K06/240.31 mi56, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£133K11/210.32 mi21, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£160K12/230.32 mi44, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£133K11/200.32 mi16, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£124K04/210.32 mi6, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£122.6K06/230.47 mi25, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PP2
£130K11/220.49 mi13, Rede Avenue, Hebburn, Tyne And Wear NE31 1QT2
£130.3K11/230.52 mi39, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£95K04/210.52 mi56, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND2
£125K03/240.52 mi39, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£102.5K07/210.52 mi18, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£124K06/230.52 mi60, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£118K10/220.53 mi65, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£70K04/230.54 mi14, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB2
£130K09/230.56 mi1, Graham Road, Hebburn, Tyne And Wear NE31 1NA2
£75K03/240.58 mi98, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HA2
£67.5K02/210.58 mi99, Tennant Street, Hebburn, Tyne And Wear NE31 1LN2
£70K02/210.6 mi18, Shakespeare Avenue, Hebburn, Tyne And Wear NE31 1PT2
£120K01/230.6 mi19, Waverdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4JY2
£90K02/240.63 mi18, Union Street, Wallsend, Tyne And Wear NE28 6BW2
£93.3K01/230.63 mi8, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£115K12/200.63 mi22, Montrose Crescent, Hebburn, Tyne And Wear NE31 1TF2
£150.5K03/230.63 mi39, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£147K06/240.63 mi19, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£125K04/240.63 mi9, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£109.5K11/230.64 mi24, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£164K08/240.65 mi7, Nidsdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4LN2
£115K06/230.66 mi11, Wordsworth Avenue, Hebburn, Tyne And Wear NE31 1QE2
£94K10/210.66 mi117, Midway, Newcastle Upon Tyne, Tyne And Wear NE6 3PB2
£103.1K05/210.68 mi3, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT2
£130K05/230.68 mi56, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW2

Local Rents

20 rents from £530/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65007/240.04 miAnn Street, Hebburn, NE312
£70006/240.08 miChurch Street, Hebburn2
£65003/250.08 mi-2
£53005/240.11 miVictoria Street, Hebburn2
£55005/240.17 miAshwood Croft, Hebburn2
£1,80003/250.23 mi-2
£67505/240.24 mi-2
£65005/240.28 miHazelmoor, Hebburn2
£69505/240.31 mi-2
£55005/240.32 miAgincourt, Hebburn2
£75007/240.34 miAgincourt, Hebburn, Tyne and Wear, NE312
£75007/240.44 mi-2
£65005/240.53 mi-2
£65006/240.53 miWhickham Road, Hebburn, South Tyneside2
£62507/240.56 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.59 mi-2
£60004/240.61 mi-2
£57505/240.61 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£62507/240.61 mi-2
£62506/240.61 miVictoria Road West, Hebburn, NE312

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.76 miles away

Nearest school

0.40 miles away

Nearest train station

0.75 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Price changed to £80,000

January 31, 2025

Listed for £99,000

July 18, 2024

Description

  • MID TERRACED HOUSE +
  • TWO BEDROOMS +
  • BATHROOM WITH SHOWER +
  • PEDESTRIAN FRONTAGE +
  • NO CHAIN +
  • GAS CENTRAL HEATING +
  • UPVC DOUBLE GLAZIG +
  • VIEWING ADVISED +
  • CLOSE TO TOWN CENTRE +

We offer for sale this two bedroom terraced house located on this quiet residential street. The property is offered with no onward chin and comprises of entrance hall, lounge, fitted kitchen, downstairs bathroom with shower, two bedrooms and a private yard to the year. The property is located near Hebburn Marina and is near shops, schools and local amenities. There is off street parking provided in nearby car port.

Entrance -

Lounge -

Kitchen -

Bathroom -

Bedroom One -

Bedroom Two -

External -

Disclaimer Sales - The particulars on these properties are set out as a general guidance for intended purchasers or tenants, and do not constitute part of an offer or contract. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. All dimensions, descriptions and distances, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility. Any intending purchasers or tenants should not rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Measurements have been taken using a laser distance meter and may be subject to a margin of error. For further information see the Consumer Protection from Unfair Trading Regulations.

Agent Details

Carousel Estate Agents, Gateshead

0191 625 1023

Next Steps?

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