2 Bed Semi-Detached House, Single Let, Gateshead, NE11 9FJ, £189,950

56 Ravensworth Road, Gateshead, NE11 9FJ - 7 months ago

Sold STC
BTL
80 m²
+13 photos

ValuationOvervalued

Sold Prices£67.5K - £300K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

80 m²
Price/m²£2.4K/m²

Value Estimate

£141,963

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£10,698

Total Cash In

£58,185

 

 

Cash Out

 

Rent Range

£590 - £1,100

Rent Estimate

£641

Running Costs/mo

£742

Cashflow/mo

£-101

Cashflow/yr

£-1,210

Gross Yield

4%

Local Sold Prices

51 sold prices from £67.5K to £300K, average is £117K. £1K/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£100K09/230.06 mi3, Wallace Street, Gateshead, Tyne And Wear NE11 9AY2
£92.5K05/210.07 mi11, Victoria Street, Gateshead, Tyne And Wear NE11 9AX2
£92.5K11/210.12 mi34, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£145K03/240.12 mi24, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£95K11/210.2 mi10, Wellington Road, Gateshead, Tyne And Wear NE11 9HB2
£96K12/200.26 mi22, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£80K02/210.26 mi34, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£91.5K03/230.26 mi12, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£90K05/230.26 mi4, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£95K02/210.26 mi59, Ross Avenue, Gateshead, Tyne And Wear NE11 9EQ2
£71K12/200.28 mi28, Kelvin Gardens, Gateshead, Tyne And Wear NE11 9EX2
£67.5K08/240.28 mi63a, Wellington Road, Gateshead, Tyne And Wear NE11 9HD2
£135K06/240.28 mi19, Cormorant Drive, Gateshead, Tyne And Wear NE11 9LF2
£89K11/200.29 mi30, Fowler Gardens, Gateshead, Tyne And Wear NE11 9EY2
£108K10/230.3 mi66, Wellington Road, Gateshead, Tyne And Wear NE11 9HE2
£142.5K07/210.31 mi42, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ2
£112.5K12/200.32 mi18, Rochester Gardens, Gateshead, Tyne And Wear NE11 9TH2
£122K12/200.35 mi26, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FG2
£150K04/230.36 mi36, Wood Street, Gateshead, Tyne And Wear NE11 9NP2
£128.5K12/200.36 mi73, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£145K07/230.37 mi41, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£160K06/230.38 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£160K06/230.38 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£167.5K10/230.38 mi14, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£150K07/240.38 mi35, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FF2
£277.5K09/210.39 mi21, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£125K01/210.39 mi1, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS2
£85.5K08/230.42 mi78, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£75K07/230.42 mi111, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£165K11/230.43 mi14, Grace Street, Gateshead, Tyne And Wear NE11 9NT2
£95K10/210.44 mi9, Hawthorn Drive, Gateshead, Tyne And Wear NE11 9PG2
£95K11/220.44 mi6, Gunn Street, Gateshead, Tyne And Wear NE11 9NU2
£125K01/210.45 mi1, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£137K11/210.45 mi2, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£133K06/230.45 mi8, Meadow Lane, Gateshead, Tyne And Wear NE11 9PN2
£117K02/210.52 mi43, Douglas Gardens, Gateshead, Tyne And Wear NE11 9RA2
£145.3K11/200.52 mi45, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH2
£300K02/220.53 mi54, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£185K09/230.53 mi15, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£152K01/230.54 mi12, Ash Grove, Gateshead, Tyne And Wear NE11 9PJ2
£110K08/220.55 mi22, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£90K11/200.55 mi65, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£98K10/200.55 mi51, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£90K12/200.55 mi12, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£88K01/210.55 mi49, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£100K02/230.55 mi54, Tyne View Place, Gateshead, Tyne And Wear NE8 2HR2
£152K06/210.58 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£130K06/210.58 mi29, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£190K10/230.58 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£78K02/210.58 mi2, Angus Road, Gateshead, Tyne And Wear NE8 2TH2
£150K03/240.59 mi15, Market Lane, Gateshead, Tyne And Wear NE11 9NX2

Local Rents

48 rents from £590/mo to £1.1K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£65002/240.11 mi-2
£59012/230.14 mi-2
£62503/250.19 mi-2
£60001/240.19 mi-2
£60001/240.19 mi-2
£67503/250.19 mi-2
£85006/240.2 mi-2
£85007/240.2 mi-2
£82508/240.2 mi-2
£85007/240.2 miPalatine Place, Gateshead, NE112
£85007/240.2 miPalatine Place, Gateshead, NE112
£85007/240.2 miPalatine Place, Gateshead, NE112
£70008/240.2 mi-2
£62506/240.21 miHaig Street, Dunston, Gateshead, Tyne & Wear, NE112
£85007/240.22 miPalatine Place, Gateshead, Tyne and Wear, NE112
£75005/240.25 mi-2
£1,10007/240.28 miSeasons Courtyard, Michaelmas Street, Staithes Southbank2
£85007/240.29 miBede Courtyard, Gateshead2
£85007/240.29 miCormorant Drive, Gateshead, NE112
£85007/240.29 mi-2
£80007/240.29 mi-2
£90004/250.32 mi-2
£72505/240.33 miBittern Close, Gateshead, NE112
£85001/250.33 mi-2
£80001/250.34 mi-2
£60002/250.37 mi-2
£79505/240.38 miBittern Close, Dunston, Gateshead, Tyne & Wear, NE112
£79512/240.38 miBittern Close, Dunston, NE112
£66003/250.38 mi-2
£69506/240.39 miDunston Road, Duston, Gateshead, Tyne and Wear, NE112
£81012/230.4 mi-2
£75005/240.41 mi-2
£59506/240.41 mi-2
£69506/240.45 miHolly Avenue, Dunston, NE112
£75007/240.49 miSeptember Courtyard, Summers Pass, Gateshead, NE82
£95006/240.51 miThe Stephenson, North Side, The Staiths, Gateshead, NE82
£85002/240.51 mi-2
£85006/240.52 miTyne View Place, Gateshead, NE82
£90006/240.52 miNovember Courtyard, Fall Pass, Newcastle Upon Tyne, NE82
£82507/240.55 miTyne View Place, Gateshead, Tyne and Wear, NE82
£72506/240.55 miThe Stephenson, The Staithes, Gateshead2
£1,10007/240.58 miThe Grainger, The Staithes, Gateshead2
£97507/240.58 miThe Grainger, The Staithes2
£99503/250.58 mi-2
£67507/240.6 miDunston, Gateshead, NE112
£65005/240.6 mi-2
£67507/240.6 mi-2
£70003/250.6 mi-2

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £189,950

January 31, 2025

Listed for £199,950

August 28, 2024

Description

Nestled on Ravensworth Road in Gateshead, this immaculately presented semi-detached house is a true gem waiting to be discovered. Boasting a convenient location with easy access to amenities and transport links, this property offers a lifestyle of comfort and ease. As you step inside, you are greeted by a spacious living room and a fabulous dining kitchen complete with an integrated oven. The ground floor also features a handy w/c and provides seamless access to the rear patio, perfect for enjoying a morning coffee or hosting a summer barbecue. Venturing to the first floor, you'll find a main bedroom with a walk-in storage area, alongside another generously sized bedroom and a family bathroom. The layout of this home is designed to cater to your every need, providing both functionality and style.
Outside, a driveway at the front of the property ensures parking is never an issue, while the great-sized rear garden offers a peaceful retreat with its patio area and garden shed. Whether you have a green thumb or simply enjoy soaking up the sun, this outdoor space is sure to impress.
In conclusion, this property on Ravensworth Road is not just a house, but a lovely home waiting for its new owners to create lasting memories. Don't miss out on the opportunity to make this charming semi-detached house your own.

Entrance Hallway -

Ground Floor W/C -

Living Room - 3.99m x 3.82m (13'1" x 12'6") -

Dining Kitchen - 4.85m x 3.90m (15'10" x 12'9") -

First Floor Landing -

Main Bedroom - 3.84m x 3.83m (12'7" x 12'6") -

Bedroom Two - 4.02m x 2.18m (13'2" x 7'1") -

Family Bathroom - 2.59m x 2.53m (8'5" x 8'3") -

External -

Agent Details

Gordon Brown Estate Agents Ltd, Gateshead

0191 625 0751

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪