2 Bed Terraced House, Single Let, Gateshead, NE10 8TP, £159,950

Kirkwood Gardens Wardly, Gateshead, NE10 8TP - 3 views - 8 months ago

Sold STC
Leasehold
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£80K - £165.5K
Sold Prices/m²£1.1K/m² - £31.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£125,167

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£5,999

Total Cash In

£45,986

 

 

Cash Out

 

Rent Range

£475 - £795

Rent Estimate

£600

Running Costs/mo

£640

Cashflow/mo

£-40

Cashflow/yr

£-478

Gross Yield

5%

Local Sold Prices

51 sold prices from £80K to £165.5K, average is £126K. £1.1K/m² to £31.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£90K12/200.05 mi7, Broadside, Gateshead, Tyne And Wear NE10 8XR2
£150K04/230.07 mi18, Broadwater, Gateshead, Tyne And Wear NE10 8XS2
£116K01/210.07 mi5, Broadbank, Gateshead, Tyne And Wear NE10 8XW2
£100K08/210.07 mi38, Broadbank, Gateshead, Tyne And Wear NE10 8XW2
£130K02/230.07 mi44, Broadbank, Gateshead, Tyne And Wear NE10 8XW2
£160K02/230.07 mi53, Broadbank, Gateshead, Tyne And Wear NE10 8XW2
£115K12/200.15 mi2, Broadacre, Gateshead, Tyne And Wear NE10 8UW2
£144K10/220.17 mi68, Galloway Road, Gateshead, Tyne And Wear NE10 0BF2
£134K10/220.17 mi72, Galloway Road, Gateshead, Tyne And Wear NE10 0BF2
£115K06/210.17 mi33a, Kirkwood Gardens, Gateshead, Tyne And Wear NE10 8TP2
£134.9K01/210.19 mi25, Lauder Way, Pelaw, Gateshead, Tyne And Wear NE10 0BG2
£126K12/220.2 mi10, Dunkeld Close, Gateshead, Tyne And Wear NE10 8WH2
£108K03/210.24 mi59, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB2
£156K02/230.25 mi31, Harvey Crescent, Gateshead, Tyne And Wear NE10 8TL2
£107.5K02/210.28 mi10, Cole Gardens, Gateshead, Tyne And Wear NE10 8EP2
£105K10/210.29 mi16, Coniston, Gateshead, Tyne And Wear NE10 0XB2
£120K03/230.29 mi34, Coniston, Gateshead, Tyne And Wear NE10 0XB2
£87K11/220.29 mi21, Joicey Street, Gateshead, Tyne And Wear NE10 0QS2
£145K01/230.3 mi8, Addison Gardens, Gateshead, Tyne And Wear NE10 8TQ2
£115K03/230.31 mi26, Buttermere, Gateshead, Tyne And Wear NE10 0XE2
£130K05/230.35 mi7, Morris Gardens, Gateshead, Tyne And Wear NE10 8TH2
£97K05/210.36 mi9, Ennerdale, Gateshead, Tyne And Wear NE10 0XA2
£165K04/230.37 mi9, Kinross Court, Gateshead, Tyne And Wear NE10 0TZ2
£90K09/220.38 mi23, South Parade, Gateshead, Tyne And Wear NE10 0RX2
£125K05/230.39 mi11, Lytchfeld, Gateshead, Tyne And Wear NE10 8UR2
£92K07/230.39 mi7, Morley Avenue, Gateshead, Tyne And Wear NE10 0UJ2
£86K10/200.4 mi40, Jonadab Street, Gateshead, Tyne And Wear NE10 0QP2
£105K03/230.4 mi15, Jonadab Street, Gateshead, Tyne And Wear NE10 0QP2
£125.5K07/230.4 mi26, Jonadab Street, Gateshead, Tyne And Wear NE10 0QP2
£125.5K07/230.4 mi26, Jonadab Street, Gateshead, Tyne And Wear NE10 0QP2
£158.6K12/200.45 mi29, Richmond Avenue, Gateshead, Tyne And Wear NE10 0TA2
£140K04/210.45 mi13, Richmond Avenue, Gateshead, Tyne And Wear NE10 0TA2
£148K05/210.46 mi37, Montrose Drive, Gateshead, Tyne And Wear NE10 8BG2
£165K03/230.48 mi4, Ferndown Court, Gateshead, Tyne And Wear NE10 8EB2
£165.5K09/220.51 mi6, Lindrick Court, Gateshead, Tyne And Wear NE10 8EF2
£106K12/200.56 mi83, West Crescent, Gateshead, Tyne And Wear NE10 8AZ2
£158.5K11/220.57 mi21, Meadowbrook Drive, Gateshead, Tyne And Wear NE10 8HF2
£145K11/200.59 mi7, Bamburgh Drive, Gateshead, Tyne And Wear NE10 0TN2
£80K11/200.63 mi4, Graystones, Gateshead, Tyne And Wear NE10 8DR2
£147.5K08/230.64 mi15, Follingsby Drive, Gateshead, Tyne And Wear NE10 8YH2
£117K05/210.64 mi28, Glanton Close, Gateshead, Tyne And Wear NE10 8UH2
£90K04/210.68 mi42, Fallowfeld, Gateshead, Tyne And Wear NE10 8QD2
£157.1K09/210.69 mi138, Sherburn Way, Gateshead, Tyne And Wear NE10 8TZ2
£95K02/210.71 mi29, Evanlade, Gateshead, Tyne And Wear NE10 8DA2
£160K11/200.71 mi24, Bowburn Close, Gateshead, Tyne And Wear NE10 8UG2
£135K07/230.71 mi16, Bowburn Close, Gateshead, Tyne And Wear NE10 8UG2
£91K03/210.72 mi183, Meresyde, Gateshead, Tyne And Wear NE10 8PE2
£129.9K02/230.73 mi27, Evanlade, Gateshead, Tyne And Wear NE10 8DA2
£165K10/220.73 mi26, Slaley Close, Gateshead, Tyne And Wear NE10 8TW2
£143.5K06/230.73 mi36, Slaley Close, Gateshead, Tyne And Wear NE10 8TW2
£131.6K08/210.73 mi145, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AD2

Local Rents

18 rents from £475/mo to £795/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£77505/240.27 miRydal, Gateshead2
£47505/240.31 miQueen Victoria Street, Gateshead2
£65006/240.32 miQueen Victoria Street, Gateshead, Tyne and Wear2
£67507/240.33 miFisherwell Road, Pelaw2
£65006/240.34 miYork Street, Pelaw, Gateshead, Tyne and Wear , NE10 0QL2
£59010/230.34 mi-2
£65007/240.36 miDuke Street, Pelawm Gateshead2
£65006/240.37 miPortland Street, Pelaw, Gateshead2
£60006/240.38 miSouth Parade, Gateshead, NE102
£72511/230.39 mi-2
£65002/250.42 mi-2
£79506/240.42 miWhitemere Gardens, Gateshead, NE102
£79507/240.42 miWhitemere Gardens, Gateshead, NE102
£79508/240.42 mi-2
£79508/240.42 mi-2
£69507/240.44 miBrack Terrace, Bill Quay, Gateshead2
£79505/240.46 miRichmond Avenue, Gateshead2
£77505/240.48 miWynn Gardens, Pelaw, Gateshead, Tyne and Wear, NE10 0YN2

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

2 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £159,950

August 8, 2024

Sold for £108,000

2005

Sold for £49,950

2001

Description

  • Lovely Family Homes Close To Many Amenities +
  • Contemporary Modern Decor Throughout +
  • Superb First Time and Family Home +
  • Beautifully Maintained Gardens +
  • Viewings Come Highly Recommended ! +
  • Reference : 454210 +

Welcome to this superb extended two bedroom home, now available on the market. Finished with sleek, contemporary decor, this property is ideal for first time buyers and families alike. It offers spacious living areas throughout, with beautifully maintained gardens to both front and rear.

The property also features a driveway for convenient parking. Inside, you'll find a generous lounge and a quality finished dining kitchen, perfect for modern living and family gatherings. Upstairs, there are two well proportioned bedrooms and a stylish bathroom. Situated in the sought-after area of Wardley, the home is close to a range of local amenities including schools, Pelaw Metro for easy commuting, bus links, shops, and local parks. This property is a must-see and an early viewing is urged to avoid disappointment.
ENTRANCE DOOR
Leading into dining kitchen.
DINING KITCHEN 4.78m (15'8) x 4.43m (14'6)
A spacious room with an extensive range of wall and floor units incorporating worktops, inset stainless steel sink with mixer tap. Built in oven and hob with canopy over. Tiled splashbacks, spot lights to ceiling and window to front.
LOUNGE 4.17m (13'8) x 3.88m (12'9)
Located to the rear of the property overlooking rear garden. Stairs leading to first floor.
FIRST FLOOR
Landing.
MAIN BEDROOM 4.02m (13'2) x 3.33m (10'11)
A spacious double bedrooms with fitted mirror fronted wardrobes. Window to rear.
BEDROOM 3.74m (12'3) x 2.15m (7'1)
A double bedroom with window to front.
MODERN BATHROOM 2.6m (8'6) x 1.65m (5'5)
A modern bathroom with a p shaped panel bath with a double headed shower over and screen, wash hand basin with vanity and back to wall wc. Tiling to walls and floor, ladder radiator and window to front.
GARDENS TO FRONT AND REAR
Enclose garden to front with seating area, enclosed garden to rear with decked seating area and access gate to driveway.
DRIVEWAY PARKING
Driveway providing parking for up to two cars.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 6 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE10 8TP and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C

Agent Details

Andrew Craig, Low Fell

0191 625 0115

Next Steps?

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