3 Bed Semi-Detached House, Potential PLO/LOA, Cramlington, NE23 8BE, £180,000

19 Strathtyrum Drive, Cramlington, Northumberland, NE23 8BE - 10 views - 8 months ago

Negative Equity
ROI: 5%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£89.3K - £192.5K
Sold Prices/m²£1.1K/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£157,973

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£850 - £1,200

Rent Estimate

£996

Running Costs/mo

£782

Cashflow/mo

£214

Cashflow/yr

£2,572

ROI

5%

Gross Yield

7%

Local Sold Prices

23 sold prices from £89.3K to £192.5K, average is £131K. £1.1K/m² to £2.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£130K02/210.57 mi6, Selborne Close, Cramlington, Northumberland NE23 8HL3
£125K03/210.59 mi78, Sudbury Way, Cramlington, Northumberland NE23 8HH3
£136K06/230.6 mi32, Shiel Gardens, Cramlington, Northumberland NE23 8HJ3
£140K11/230.63 mi26, Southwold Place, Cramlington, Northumberland NE23 8HE3
£152K10/230.67 mi23, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£131K12/230.67 mi7, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£155K01/240.68 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£155K01/240.68 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£125K02/230.74 mi31, Langdale Drive, Cramlington, Northumberland NE23 8EE3
£115K09/210.75 mi1, Lytham Close, Cramlington, Northumberland NE23 8EB3
£89.3K11/200.75 mi3, Lytham Close, Cramlington, Northumberland NE23 8EB3
£135K08/240.76 mi9, Ladykirk Way, Cramlington, Northumberland NE23 8DU3
£190K03/230.76 mi32, Lindsey Close, Cramlington, Northumberland NE23 8EJ3
£125K08/230.79 mi23, Lochcraig Place, Cramlington, Northumberland NE23 8DB3
£96.5K11/200.86 mi41, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£90.5K06/210.86 mi33, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£192.5K05/210.89 mi111, Langdale Drive, Cramlington, Northumberland NE23 8EW3
£108K04/230.9 mi40, Longridge Way, Cramlington, Northumberland NE23 8DQ3
£175K09/230.91 mi99, Langdale Drive, Cramlington, Northumberland NE23 8EN3
£115.5K10/200.92 mi65, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EY3
£125K08/230.97 mi95, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EZ3
£140K12/220.98 mi39, Blagdon Crescent, Nelson Village, Cramlington, Northumberland NE23 1HJ3
£162.5K07/230.98 mi11, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EX3

Local Rents

19 rents from £850/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85005/240.03 mi-3
£1,00007/240.12 miLittlestone Wynd, The Fairways, Cramlington, Newcastle Upon Tyne, NE233
£1,20005/240.24 miLavender Way, West Meadows, Cramlington3
£1,20006/240.35 mi3 bedroom Terraced House in Lavender Way, Cramlington3
£1,20007/240.35 mi3 bedroom End of Terrace House in Clematis Court, Cramlington3
£1,20007/240.35 miElder Drive, West Meadows, Cramlington, NE233
£1,10007/240.35 miHolly Way, West Meadows, Cramlington, NE233
£99505/240.36 miLavender Way, Cramlington3
£1,20005/240.39 miLavender Way, West Meadows, Cramlington3
£1,02505/240.39 miClematis Court, West Meadows, Cramlington3
£1,05005/240.39 miClematis Court, West Meadows, Cramlington3
£1,05005/240.39 miClematis Court, West Meadows, Cramlington3
£1,05005/240.39 miClematis Court, West Meadows, Cramlington3
£1,05005/240.39 miClematis Court, West Meadows, Cramlington3
£1,02505/240.39 miClematis Court, Cramlington3
£1,00006/240.39 miClematis Court, West Meadows, Cramlington3
£99507/240.39 miBluebell Close, West Meadows, Cramlington3
£1,20007/240.39 miClematis Court, West Meadows, Cramlington3
£1,20007/240.4 miLavender Way, West Meadows, Cramlington3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

1.24 miles away

Nearest school

0.70 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £180,000

-11%

August 28, 2024

Sold for £199,950

2022

Floor Plans

Description

Signature North East is delighted to introduce this charming three-bedroom semi-detached home located on Strathtyrum Drive in Cramlington. The home boasts tasteful interior décor, and spacious rooms throughout. The surrounding area offers a variety of convenient amenities, including parks, shops, and schools, making this a perfect potential family home.

Upon entering the property, you'll be greeted by an inviting entrance hallway that leads into the spacious living room, offering ample room for your desired furnishings. Continuing from the living room, you'll find a hallway that provides access to a convenient w.c. and the well-appointed kitchen/dining room. The kitchen/dining room is beautifully finished and has ample space for a large family dining table. The kitchen features sleek wall and base units complemented by high-quality worktops, offering maximum storage and functionality. From the kitchen/diner, French doors open to the rear garden, creating a seamless indoor-outdoor living experience.

As you ascend to the upper floor, you'll discover the bedrooms and the bathroom. All three bedrooms are generously sized, providing room for double beds and desired furnishings. The master bedroom comes with the added convenience of an ensuite, complete with a shower, w.c., and sink. The main bathroom is equipped with a bath, w.c., and sink.

At the rear of the property, you'll find a lush, expansive lawn area, securely fenced to create a private outdoor space for relaxation. Additionally, there is a raised decked patio, ideal for outdoor furniture and al fresco dining. The front of the home features a paved driveway with access to a garage, providing convenient off-street parking.

Kitchen/ Dining Room - 2.31 x 5.73 (7'6" x 18'9") -

Living Room - 4.93 x 3.13 (16'2" x 10'3") -

Garage - 4.50 x 2.51 (14'9" x 8'2") -

Bedroom 1 - 2.92 x 4.32 (9'6" x 14'2") -

Bedroom 2 - 3.43 x 2.65 (11'3" x 8'8") -

Bedroom 3 - 2.38 x 3.01 (7'9" x 9'10") -

En-Suite - 1.31 x 2.10 (4'3" x 6'10") -

Bathroom - 2.63 x 1.70 (8'7" x 5'6") -

Agent Details

Signature, Morpeth

0191 743 7471

Next Steps?

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