2 Bed Terraced House, Single Let, Gateshead, NE11 9NP, £130,000

21 Wood Street, Gateshead, Tyne And Wear, NE11 9NP - 3 views - 8 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£71K - £317K
Sold Prices/m²£1K/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£116,628

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£38,200

 

 

Cash Out

 

Rent Range

£590 - £895

Rent Estimate

£593

Running Costs/mo

£545

Cashflow/mo

£48

Cashflow/yr

£578

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £71K to £317K, average is £130K. £1K/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£150K04/230 mi36, Wood Street, Gateshead, Tyne And Wear NE11 9NP2
£125K01/210.07 mi1, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS2
£165K11/230.13 mi14, Grace Street, Gateshead, Tyne And Wear NE11 9NT2
£95K10/210.13 mi9, Hawthorn Drive, Gateshead, Tyne And Wear NE11 9PG2
£95K11/220.14 mi6, Gunn Street, Gateshead, Tyne And Wear NE11 9NU2
£142.5K07/210.17 mi42, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ2
£145.3K11/200.23 mi45, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH2
£152K06/210.24 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£130K06/210.24 mi29, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£190K10/230.24 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£125K01/210.24 mi1, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£137K11/210.24 mi2, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£265K11/220.24 mi84, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD2
£118K03/210.25 mi10, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£147K02/240.25 mi8, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£185K09/230.25 mi15, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£92.5K11/210.26 mi34, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£145K03/240.26 mi24, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£300K02/220.26 mi54, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£150K03/240.28 mi15, Market Lane, Gateshead, Tyne And Wear NE11 9NX2
£112.5K12/200.29 mi18, Rochester Gardens, Gateshead, Tyne And Wear NE11 9TH2
£117K02/210.32 mi43, Douglas Gardens, Gateshead, Tyne And Wear NE11 9RA2
£85K02/230.33 mi46, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£95K09/230.33 mi30, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£95K02/210.34 mi59, Ross Avenue, Gateshead, Tyne And Wear NE11 9EQ2
£317K09/220.35 mi12, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£100K09/230.36 mi3, Wallace Street, Gateshead, Tyne And Wear NE11 9AY2
£293.5K03/220.36 mi18, Hillcrest Drive, Gateshead, Tyne And Wear NE11 9QS2
£260K10/210.36 miUplands, Dunston Bank, Gateshead, Tyne And Wear NE11 9QA2
£290K12/230.36 miBelgravia, Dunston Bank, Gateshead, Tyne And Wear NE11 9QA2
£85.5K08/230.36 mi78, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£75K07/230.36 mi111, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£160K06/230.37 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£160K06/230.37 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£167.5K10/230.37 mi14, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£92.5K05/210.38 mi11, Victoria Street, Gateshead, Tyne And Wear NE11 9AX2
£115K12/200.38 mi72, Braeside, Gateshead, Tyne And Wear NE11 9RE2
£125K04/230.39 mi95, Knightside Gardens, Gateshead, Tyne And Wear NE11 9RN2
£149K10/230.39 mi71, Knightside Gardens, Gateshead, Tyne And Wear NE11 9RN2
£152K01/230.39 mi12, Ash Grove, Gateshead, Tyne And Wear NE11 9PJ2
£147K12/220.4 mi9, Percy Gardens, Gateshead, Tyne And Wear NE11 9RY2
£130K09/210.41 mi13, Percy Gardens, Gateshead, Tyne And Wear NE11 9RY2
£96K12/200.42 mi22, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£80K02/210.42 mi34, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£91.5K03/230.42 mi12, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£90K05/230.42 mi4, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£71K12/200.42 mi28, Kelvin Gardens, Gateshead, Tyne And Wear NE11 9EX2
£89K11/200.42 mi30, Fowler Gardens, Gateshead, Tyne And Wear NE11 9EY2
£133K06/230.44 mi8, Meadow Lane, Gateshead, Tyne And Wear NE11 9PN2
£145K07/230.45 mi41, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£128.5K12/200.45 mi73, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2

Local Rents

37 rents from £590/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£60002/250.05 mi-2
£75005/240.06 mi-2
£75005/240.12 mi-2
£69506/240.13 miHolly Avenue, Dunston, NE112
£59506/240.14 mi-2
£62506/240.15 miHaig Street, Dunston, Gateshead, Tyne & Wear, NE112
£85007/240.2 miPalatine Place, Gateshead, Tyne and Wear, NE112
£70008/240.21 mi-2
£85006/240.21 mi-2
£85007/240.21 mi-2
£82508/240.21 mi-2
£85007/240.21 miPalatine Place, Gateshead, NE112
£85007/240.21 miPalatine Place, Gateshead, NE112
£85007/240.21 miPalatine Place, Gateshead, NE112
£60001/240.24 mi-2
£60001/240.24 mi-2
£67503/250.24 mi-2
£62503/250.24 mi-2
£59012/230.25 mi-2
£65002/240.25 mi-2
£67507/240.29 miDunston, Gateshead, NE112
£65005/240.29 mi-2
£67507/240.29 mi-2
£70003/250.29 mi-2
£75006/240.49 mi-2
£75004/250.49 mi-2
£69506/240.5 miDunston Road, Duston, Gateshead, Tyne and Wear, NE112
£89506/240.56 mi-2
£85001/250.58 mi-2
£82505/230.59 mi-2
£85005/240.59 mi-2
£72505/240.6 miBittern Close, Gateshead, NE112
£80001/250.6 mi-2
£82006/240.61 miScafell Gardens, Gateshead2
£79505/240.61 miBittern Close, Dunston, Gateshead, Tyne & Wear, NE112
£79512/240.62 miBittern Close, Dunston, NE112
£66003/250.62 mi-2

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.43 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £130,000

January 5, 2025

Price changed to £140,000

December 4, 2024

Listed for £150,000

August 22, 2024

Sold for £93,500

2009

Description

A well-presented two bedroom terrace house, situated in Dunston close to local amenities and excellent transport links. The property benefits from - Entrance hallway, lounge, separate dining room, kitchen, stairs to first floor, two double bedrooms, family bathroom
Externally there is a rear yard.

This location is ideal for access to the train station and the A1 for easy commuting, plus the Metro Centre, Gateshead, Newcastle and Whickham are all easily accessible by car and public transport.

Agent Details

Bridgfords, Washington

0191 625 0984

Next Steps?

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