3 Bed Semi-Detached House, Single Let, Gateshead, NE10 8LX, £139,950

74 Oakwood, Gateshead, Tyne And Wear, NE10 8LX - 7 views - 7 months ago

BTL
ROI: 1%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£88.5K - £240K
Sold Prices/m²£819/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£174,938
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£5,399

Total Cash In

£40,386

 

 

Cash Out

 

Rent Range

£575 - £3,500

Rent Estimate

£620

Running Costs/mo

£581

Cashflow/mo

£39

Cashflow/yr

£464

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £88.5K to £240K, average is £147K. £819/m² to £4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£145K10/200.07 mi101, Oakwood, Gateshead, Tyne And Wear NE10 8LW3
£147K08/210.07 mi90, Oakwood, Gateshead, Tyne And Wear NE10 8LW3
£130K08/210.07 mi102, Oakwood, Gateshead, Tyne And Wear NE10 8LW3
£92.5K04/210.08 mi17, Wardenlaw, Gateshead, Tyne And Wear NE10 8NE3
£142K06/230.09 mi134, Staneway, Gateshead, Tyne And Wear NE10 8LS3
£165K03/210.09 mi6, Planesway, Gateshead, Tyne And Wear NE10 8LG3
£158K10/210.09 mi55, Planesway, Gateshead, Tyne And Wear NE10 8LG3
£191K09/210.09 mi10, Planesway, Gateshead, Tyne And Wear NE10 8LG3
£120K10/210.12 mi22, Oakwood, Gateshead, Tyne And Wear NE10 8LU3
£155K06/230.14 mi4, Staneway, Gateshead, Tyne And Wear NE10 8LR3
£158.5K12/210.15 mi19, Cedarway, Gateshead, Tyne And Wear NE10 8LD3
£128K06/210.16 mi2, Pontdyke, Gateshead, Tyne And Wear NE10 8LP3
£150K11/200.18 mi28, Yewtrees, Gateshead, Tyne And Wear NE10 8LH3
£169.9K04/210.18 mi51, Yewtrees, Gateshead, Tyne And Wear NE10 8LH3
£150K10/210.18 mi3, Yewtrees, Gateshead, Tyne And Wear NE10 8LH3
£130K11/220.18 mi57, Yewtrees, Gateshead, Tyne And Wear NE10 8LH3
£158K06/230.18 mi46, Yewtrees, Gateshead, Tyne And Wear NE10 8LH3
£111K03/210.19 mi4, Whyndyke, Gateshead, Tyne And Wear NE10 8NP3
£125K05/230.19 mi78, Whyndyke, Gateshead, Tyne And Wear NE10 8NP3
£147K05/210.21 mi51, Firtrees, Gateshead, Tyne And Wear NE10 8LE3
£175K04/210.21 mi26, Firtrees, Gateshead, Tyne And Wear NE10 8LE3
£185K05/230.21 mi26, Firtrees, Gateshead, Tyne And Wear NE10 8LE3
£180K05/230.21 mi4, Firtrees, Gateshead, Tyne And Wear NE10 8LE3
£97K05/230.24 mi80, Wealcroft, Gateshead, Tyne And Wear NE10 8QR3
£133K12/200.24 mi22, Whitehill, Gateshead, Tyne And Wear NE10 8NQ3
£137K06/230.24 mi6, Whitehill, Gateshead, Tyne And Wear NE10 8NQ3
£163K05/230.26 mi89, Westfield, Gateshead, Tyne And Wear NE10 8PD3
£125K02/230.27 mi23, Donside, Gateshead, Tyne And Wear NE10 8RE3
£147K09/220.27 mi87, Westfield, Gateshead, Tyne And Wear NE10 8PD3
£225K08/220.29 mi6, Westfield, Gateshead, Tyne And Wear NE10 8NF3
£110K06/210.29 mi18, Brockwade, Gateshead, Tyne And Wear NE10 8SL3
£187.5K03/210.3 mi10, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP3
£145K12/200.31 mi63, Westfield, Gateshead, Tyne And Wear NE10 8PA3
£145K12/200.31 mi63, Westfield, Gateshead, Tyne And Wear NE10 8PA3
£178K05/220.31 mi76, Westfield, Gateshead, Tyne And Wear NE10 8PA3
£155K05/230.31 mi63, Westfield, Gateshead, Tyne And Wear NE10 8PA3
£88.5K01/240.32 mi10, Aycliffe Avenue, Gateshead, Tyne And Wear NE9 7BU3
£127.5K12/220.32 mi41, Rickgarth, Gateshead, Tyne And Wear NE10 8QT3
£97.2K10/200.32 mi10, Englefeld, Gateshead, Tyne And Wear NE10 8RL3
£157K02/210.33 mi96, Celandine Way, Gateshead, Tyne And Wear NE10 8QW3
£144K01/210.33 mi24, Harleston Way, Gateshead, Tyne And Wear NE10 9BH3
£240K06/220.34 mi65, Harleston Way, Gateshead, Tyne And Wear NE10 9BQ3
£154K11/220.34 mi35, Westfield, Gateshead, Tyne And Wear NE10 8NW3
£200K07/230.36 mi68, Dykes Way, Gateshead, Tyne And Wear NE10 8QN3
£200K07/230.36 mi68, Dykes Way, Gateshead, Tyne And Wear NE10 8QN3
£94K11/200.4 mi86, Aycliffe Avenue, Gateshead, Tyne And Wear NE9 7BX3
£118K01/210.4 mi53, Monkton, Gateshead, Tyne And Wear NE10 8NU3
£150K12/200.41 mi43, Dykes Way, Gateshead, Tyne And Wear NE10 8QL3
£96K10/210.46 mi97, Chevington, Gateshead, Tyne And Wear NE10 8SB3
£105K05/210.47 mi58, Chevington, Gateshead, Tyne And Wear NE10 8LA3
£110K01/210.48 mi24, Brandywell, Gateshead, Tyne And Wear NE10 8PX3

Local Rents

34 rents from £575/mo to £3.5K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£82003/250.05 mi-3
£85006/240.16 miPontdyke, Leam Lane, Gateshead, Tyne And Wear, NE103
£80002/250.3 mi-3
£92511/240.51 mi-3
£87503/240.54 mi-3
£87505/240.54 miGateshead, Gateshead, NE103
£95002/250.56 mi-3
£77505/240.57 miCotemede, Gateshead, Tyne And Wear, NE103
£90007/240.58 miRedemarsh, Leam Lane, Gateshead, Tyne And Wear, NE103
£90008/240.68 miMeresyde, Gateshead, Tyne And Wear, NE103
£89905/240.72 mi-3
£72506/240.76 miFernlough, Gateshead, NE93
£72506/240.76 mi-3
£2,35006/240.87 mi-3
£2,35007/240.87 mi-3
£2,20003/250.87 mi-3
£1,00006/240.9 miWatermill Lane, Felling, Gateshead, Tyne And Wear, NE103
£1,05006/240.9 miWatermill Lane, Gateshead, NE103
£1,05006/240.9 mi-3
£69512/230.95 mi-3
£90005/240.97 miSycamore Grove, Felling, Gateshead, NE103
£82506/241.03 miHopper Road, Windy Nook, Gateshead, NE103
£1,00007/241.03 miMillford, Leam Lane, Gateshead3
£85006/241.04 miMeadowfield, Springwell Village, Gateshead, NE9, Tyne and Wear3
£70006/241.05 miCauseway, Sheriff Hill, Gateshead, Tyne And Wear, NE93
£72507/241.07 miWoodlands Terrace, Felling, Gateshead3
£65008/241.08 mi-3
£77505/241.09 miBondene Avenue West, Gateshead, Tyne & Wear3
£57507/241.14 miHigh Street, Felling Central3
£57507/241.15 miHigh Street, Felling Central3
£80007/241.17 miSeaham Gardens, Wrekenton3
£3,50003/251.18 mi-3
£80007/241.19 miMillbeck Gardens, Gateshead, Tyne And Wear, NE93
£1,20003/251.21 mi-3

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.16 miles away

Nearest school

0.30 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £139,950

September 12, 2024

Sold for £135,000

2023

Sold for £100,000

2006

Description

Nestled in the serene Oakwood area of Gateshead, this spacious semi-detached house offers a tranquil retreat for those seeking a peaceful abode. Boasting a double frontage, this charming property features a front garden and a convenient double driveway at the rear, providing ample parking space.
Situated adjacent to the highly desirable Whitehills Estate in Windy Nook, this residence is ideal for families looking to settle in a welcoming community. The property comprises an entrance hallway, a cosy living room, and a dining kitchen, offering a perfect setting for entertaining guests or simply relaxing with loved ones. With a modern family bathroom and three generously proportioned bedrooms on the first floor, there is plenty of space for a growing family or visiting guests. The gated driveway at the rear ensures both security and privacy for residents, adding an extra layer of convenience to this already appealing home. Although the current vendor had plans for refurbishment, personal circumstances have led to a pause in the process, presenting a fantastic opportunity for the new owner to add their personal touch and create their dream home. Don't miss out on the chance to make this property your own and enjoy the peaceful surroundings and community spirit that this location has to offer.

Entrance Hallway -

Lounge - 5.69m x 3.61m (18'8" x 11'10") -

Dining Area - 3.82m x 2.80m (12'6" x 9'2") -

Breakfasting Kitchen - 4.03m x 2.47m (13'2" x 8'1") -

First Floor Landing -

Bedroom One - 3.71m x 3.16m (12'2" x 10'4") -

Bedroom Two - 3.73m x 2.82m (12'2" x 9'3") -

Bedroom Three - 2.83m x 2.28m (9'3" x 7'5") -

Bathroom - 2.88m x 1.65m (9'5" x 5'4") -

External -

Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.

Tenure - Gordon Brown Estate Agents have not seen any legal written confirmation to be able to currently advise on the tenure of the property. Therefore we are unable to advise on the tenure at this stage. Please call us on for clarification before proceeding to purchase the property.

Agent Details

Gordon Brown Estate Agents Ltd, Gateshead

0191 625 0751

Next Steps?

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