3 Bed Semi-Detached House, Single Let, Gateshead, NE9 7UU, £160,000

Moss Side, Gateshead, NE9 7UU - 4 views - 7 months ago

Leasehold
BTL
~93 m²
+11 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£46,600

 

 

Cash Out

 

Rent Range

£725 - £1,050

Rent Estimate

£706

Running Costs/mo

£661

Cashflow/mo

£45

Cashflow/yr

£538

ROI

1%

Gross Yield

5%













Local Rents

10 rents from £725/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80007/240.2 miMillbeck Gardens, Gateshead, Tyne And Wear, NE93
£85006/240.25 miHarraby Gardens, Low Fell, Gateshead, NE93
£1,05003/250.26 mi-3
£75007/240.3 miHarewood Green, Gateshead3
£80007/240.33 miSeaham Gardens, Wrekenton3
£75006/240.38 miBramhope Green, Harlow Green, Gateshead, NE93
£89905/240.47 mi-3
£72506/240.57 mi-3
£72506/240.57 miFernlough, Gateshead, NE93
£89506/240.62 miCherrytree Gardens, Low Fell3

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

1.88 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Price changed to £160,000

December 4, 2024

Listed for £180,000

August 28, 2024

Sold for £180,000

2019

Sold for £160,000

2010

Floor Plans

Description

  • End terrace +
  • Three bedrooms +
  • Two bathrooms +
  • Garage and driveway +
  • Good sized rear garden +
  • picturesque views +

Signature North East is proud to welcome this 3 bedroom end terrace to the sales market. This property is located in Gateshead, right next to the Ravenswood Golf Course.

On the ground floor, you are welcomed by a long corridor, a WC, utility room and a snug room. Along with this there is large under stairs storage unit. Moving to the first floor, there is a large open planned living, dining and kitchen area. In the living room, there is a Juliette balcony with double doors that shows a spectacular view over the nearing golf course. To complete this floor, there is a home office.

On the second floor there is a large landing that offers access to all rooms. The master bedroom with en-suite looks over the front of the property. To the rear, the second bedroom is a sizeable double with arguably the best view in the property which looks right over the golf course and the countryside. A third bedroom and family bathroom completes this floor.

Externally, the property offer a single garage and drive way to the front. To the rear is a private garden which is mainly laid to lawn and again offers great views of the golf course.

Living Room - 4.95 x 2.94 (16'2" x 9'7") -

Kitchen / Dining Room - 5.25 x 2.62 (17'2" x 8'7") -

Sitting Room - 2.95 x 2.7 (9'8" x 8'10") -

Study - 2.18 x 1.93 (7'1" x 6'3") -

Utility Room - 2.15 x 1.84 (7'0" x 6'0") -

Wc - 1.92 x 1.03 (6'3" x 3'4") -

Bedroom One - 4.11 x 2.74 (13'5" x 8'11") -

Bedroom Two - 4.19 x 2.75 (13'8" x 9'0") -

Bedroom Three - 3.02 x 2.12 (9'10" x 6'11") -

Bathroom - 2.14 x 2.11 (7'0" x 6'11") -

En Suite - 1.77 x 1.65 (5'9" x 5'4") -

Agent Details

Signature, Tynemouth

0191 743 7187

Next Steps?

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