2 Bed Flat, Single Let, Gateshead, NE9 7UU, £145,000

27 Moss Side, Gateshead, Tyne And Wear, NE9 7UU - 5 views - 8 months ago

Leasehold
BTL
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£38K - £170K
Sold Prices/m²£543/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£102,572

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£595 - £900

Rent Estimate

£596

Running Costs/mo

£592

Cashflow/mo

£4

Cashflow/yr

£44

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £38K to £170K, average is £105K. £543/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£120K06/210 mi26, Moss Side, Wrekenton, Gateshead, Tyne And Wear NE9 7UU2
£120K12/230 mi25, Moss Side, Wrekenton, Gateshead, Tyne And Wear NE9 7UU2
£149.3K10/220.02 mi24, Moss Side, Wrekenton, Gateshead, Tyne And Wear NE9 7UU2
£46K06/210.21 mi27, Crosby Gardens, Gateshead, Tyne And Wear NE9 6NJ2
£82K07/210.26 mi16, Newby Place, Gateshead, Tyne And Wear NE9 6YJ2
£85K11/220.38 mi8, Carnforth Gardens, Gateshead, Tyne And Wear NE9 6YE2
£43K05/230.4 mi4, Acomb Court, Gateshead, Tyne And Wear NE9 7AF2
£128K03/240.46 mi31, Long Bank, Gateshead, Tyne And Wear NE9 7HH2
£61K08/230.52 mi110, Springwell Road, Wrekenton, Gateshead, Tyne And Wear NE9 7AA2
£93K08/210.56 mi9, Blacklock Close, Gateshead, Tyne And Wear NE9 6AS2
£79K02/210.56 mi14, Blacklock Close, Gateshead, Tyne And Wear NE9 6AS2
£83K02/230.56 mi19, Blacklock Close, Gateshead, Tyne And Wear NE9 6AS2
£84K10/230.56 mi16, Blacklock Close, Gateshead, Tyne And Wear NE9 6AS2
£98K08/230.56 mi9, Blacklock Close, Gateshead, Tyne And Wear NE9 6AS2
£91K01/210.56 mi7, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY2
£105K10/200.56 mi25, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY2
£80K05/210.58 mi3, Bodmin Court, Gateshead, Tyne And Wear NE9 6UP2
£99K02/210.6 mi1, Southend Road, Gateshead, Tyne And Wear NE9 6XR2
£120K12/220.6 mi25, Southend Road, Gateshead, Tyne And Wear NE9 6XR2
£38K03/230.71 mi84, Stretford Court, Gateshead, Tyne And Wear NE9 6LZ2
£65.5K01/230.72 mi42, Hertford, Gateshead, Tyne And Wear NE9 6JG2
£125K08/230.73 mi11, Louie Terrace, Gateshead, Tyne And Wear NE9 5XH2
£51K07/230.75 mi34, Willerby Court, Gateshead, Tyne And Wear NE9 7JF2
£48K09/230.75 mi44, Willerby Court, Gateshead, Tyne And Wear NE9 7JF2
£70K08/230.75 mi125, Coltsfoot Gardens, Gateshead, Tyne And Wear NE10 9RF2
£110K03/210.75 mi12, St Thomas Street, Gateshead, Tyne And Wear NE9 5XA2
£148.5K07/230.76 mi8, Worley Avenue, Gateshead, Tyne And Wear NE9 6AL2
£157K07/210.76 mi32, Worley Avenue, Gateshead, Tyne And Wear NE9 6AL2
£170K10/230.76 mi34, Worley Avenue, Gateshead, Tyne And Wear NE9 6AL2
£120K03/230.78 mi29, Wesley Street, Gateshead, Tyne And Wear NE9 5UX2
£113K03/230.78 mi37, Robson Street, Gateshead, Tyne And Wear NE9 5UY2
£124K04/210.79 mi28, Wesley Street, Gateshead, Tyne And Wear NE9 5YN2
£88K03/210.79 mi116, Kells Lane, Gateshead, Tyne And Wear NE9 5HY2
£118K03/210.8 mi39, Dean Street, Gateshead, Tyne And Wear NE9 5XL2
£117K10/200.8 mi50, Dean Street, Gateshead, Tyne And Wear NE9 5XL2
£127.5K03/210.8 mi33, Dean Street, Gateshead, Tyne And Wear NE9 5XL2
£80K03/210.8 mi623, Durham Road, Gateshead, Tyne And Wear NE9 5HA2
£80K03/210.8 mi623, Durham Road, Gateshead, Tyne And Wear NE9 5HA2
£118.6K05/240.81 mi64, Beacon Street, Gateshead, Tyne And Wear NE9 5XN2
£160K07/230.81 mi66, Beacon Street, Gateshead, Tyne And Wear NE9 5XN2
£105K02/240.82 mi6, Briermede Park, Gateshead, Tyne And Wear NE9 6AF2
£105K02/240.82 mi5, Briermede Park, Gateshead, Tyne And Wear NE9 6AF2
£88.5K01/210.82 mi11, Briermede Park, Gateshead, Tyne And Wear NE9 6AF2
£120K06/210.83 mi187, Kells Lane, Gateshead, Tyne And Wear NE9 5HS2
£134.5K12/200.83 mi28, Earls Drive, Gateshead, Tyne And Wear NE9 6AA2
£158K02/230.83 mi18, Earls Drive, Gateshead, Tyne And Wear NE9 6AA2
£128K02/210.87 mi35, Melrose Avenue, Gateshead, Tyne And Wear NE9 5YD2
£147K12/230.87 mi25, Melrose Avenue, Gateshead, Tyne And Wear NE9 5YD2
£101K01/230.92 mi9, Florence Avenue, Gateshead, Tyne And Wear NE9 5SQ2
£107K11/200.92 mi9, Thomas Street, Eighton Banks, Gateshead, Tyne And Wear NE9 7YA2

Local Rents

21 rents from £595/mo to £900/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75006/240.21 miCrosby Gardens, Lyndhurst, Gateshead, NE92
£75006/240.21 miCrosby Gardens, Lyndhurst, Gateshead, NE92
£62512/230.23 mi-2
£69502/240.25 mi-2
£60006/240.3 miGrisedale Gardens, Low Fell, Gateshead, NE92
£77506/240.32 miPenrith Gardens, Low Fell2
£65012/240.39 mi-2
£68508/230.41 mi-2
£65006/240.44 miChopwell Gardens, Wrekenton, Gateshead, NE92
£90006/240.46 miBeechwood Avenue, Low Fell2
£90006/240.46 miHilldyke, Eighton Banks, Gateshead, NE92
£75006/240.48 miDovedale Gardens, Gateshead, NE9 6NT2
£75006/240.48 miDovedale Gardens, Gateshead, NE9 6NT2
£85006/240.52 miLoweswater Road, Low Fell, Gateshead2
£80007/240.54 miGalloping Green Road, Gateshead2
£85006/240.55 miLanthwaite Road, Gateshead2
£79507/240.56 miPopplewell Gardens, Low Fell2
£75006/240.58 miSouthend Road, Sheriff Hill, Gateshead, NE92
£59507/240.58 miBodmin Court, Gateshead, Tyne and Wear, NE92
£67506/240.59 miSouthend Road, Gateshead2
£75006/240.6 miSouthend Road, Low Fell, Gateshead, Tyne And Wear, NE92

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.92 miles away

Nearest school

0.30 miles away

Nearest train station

1.87 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £145,000

July 23, 2024

Sold for £147,500

2010

Sold for £150,000

2006

Description

  • Stunning & Modern +
  • Two Bedroom +
  • Apartment +
  • En-Suite Facilities +
  • Sought After Location +
  • Allocated Parking +
  • Spacious Rooms +
  • Stunning Views +

Keyhole Residential are delighted to present this modern and spacious apartment located in Moss Side, Gateshead - a popular and peaceful residential neighbourhood sought after by many. This incredible property is conveniently located with excellent access and transportation links to nearby Newcastle City Centre, Washington, and Sunderland.

Upon arrival, it's evident that the estate is especially well cared for both inside and out. The charming complex is surrounded by stunning landscaping and features an alluring façade and secured entrance. Residents are greeted by a clean and inviting interior with a comfortable communal area and lift.

The apartment is impressive, offering an abundance of natural light, vast views, ample storage space, modern appliances and fixtures. In brief the property comprises of; open plan lounge /kitchen with a bay window that overlooks Ravensworth Golf Course and beautiful outdoor gardens, as well as a full bathroom, two generous sized bedrooms and with the master bedroom offering en-suite facilities.

Full Description

Entrance
Secure entry system, communal area, with stair access and lift.

Entrance Hallway
Front door, electric radiator.

Open Floor Plan Lounge/Kitchen
Lounge: Bay front double glazed window offering stunning views of Ravensworth Golf Course, side double glazed window, television and telephone point.
Kitchen: Side double glazed window, fitted wall and base units, roll top work surfaces, stainless steel sink unit with mixer tap, electric hob with extractor hood and oven, ceiling spotlights.

Bedroom One
Two double glazed windows, electric heater, carpet flooring.

En-Suite
Low level WC, pedestal wash hand basin, shower cubicle, electric radiator.

Bedroom Two
Two double glazed windows, electric radiator, carpet flooring.

Bathroom
Double glazed window, feature towel rail, low level WC, pedestal wash hand basin, bath with shower over, carpet flooring.

Leasehold Property
Council Tax Band: C
EPC Rating: C

Agent Details

Keyhole Residential, Birtley

0191 625 0171

Next Steps?

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