4 Bed Terraced House, Single Let, Gateshead, NE9 5EZ, £690,000

2 Whinney House Durham Road, Low Fell, Gateshead, NE9 5EZ - 2 views - 7 months ago

BTL
~129 m²
+27 photos

ValuationOvervalued

Sold Prices£145K - £519K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.3K/m²

Value Estimate

£321,160

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£172,500

Stamp Duty & Legal Fees

£43,900

Total Cash In

£216,400

 

 

Cash Out

 

Rent Range

£775 - £1,650

Rent Estimate

£850

Running Costs/mo

£2,346

Cashflow/mo

£-1,496

Cashflow/yr

£-17,955

Gross Yield

1%

Local Sold Prices

50 sold prices from £145K to £519K, average is £325K. £1.4K/m² to £4.2K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£285K03/210.02 mi633, Durham Road, Gateshead, Tyne And Wear NE9 5HA4
£348K04/210.08 mi11, Albert Drive, Gateshead, Tyne And Wear NE9 6EH4
£425K12/230.12 mi30, Worley Avenue, Gateshead, Tyne And Wear NE9 6AL4
£270K11/200.12 mi20, Myrtle Grove, Gateshead, Tyne And Wear NE9 6EQ4
£246K02/210.12 mi46, Coleridge Avenue, Gateshead, Tyne And Wear NE9 6EL4
£405K06/230.16 mi7, Glenbrooke Terrace, Gateshead, Tyne And Wear NE9 6AJ4
£399K01/210.18 mi95, Church Road, Gateshead, Tyne And Wear NE9 5XE4
£370K06/210.2 mi18a, Carlton Terrace, Low Fell, Gateshead, Tyne And Wear NE9 6HJ4
£269.9K03/210.23 mi23, Beacon Street, Gateshead, Tyne And Wear NE9 5XN4
£282K01/210.26 mi35, Otterburn Gardens, Low Fell, Gateshead, Tyne And Wear NE9 6HE4
£300K03/230.27 mi40, Beaconsfield Road, Gateshead, Tyne And Wear NE9 5EU4
£325K06/210.28 mi65, Earlswood Park, Gateshead, Tyne And Wear NE9 6AZ4
£290K04/210.28 mi71, Earlswood Park, Gateshead, Tyne And Wear NE9 6AZ4
£519K04/210.31 mi75, Church Road, Gateshead, Tyne And Wear NE9 5RH4
£328K03/210.31 mi40, Belle Vue Bank, Gateshead, Tyne And Wear NE9 6BS4
£346K11/230.31 mi40, Belle Vue Bank, Gateshead, Tyne And Wear NE9 6BS4
£419.9K08/220.31 mi79, Church Road, Gateshead, Tyne And Wear NE9 5RH4
£334K02/210.31 mi13, Beaconsfield Crescent, Gateshead, Tyne And Wear NE9 5XR4
£280K10/200.32 mi1, Derwent Gardens, Gateshead, Tyne And Wear NE9 5XQ4
£392K06/240.32 mi1, St Helens Crescent, Gateshead, Tyne And Wear NE9 6DH4
£315K02/210.33 mi20, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS4
£340K09/230.33 mi15, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS4
£390K01/210.34 mi11, Denewell Avenue, Gateshead, Tyne And Wear NE9 5HD4
£266.5K05/210.35 mi2, Wynbury Road, Gateshead, Tyne And Wear NE9 6TS4
£253K10/230.36 mi7, Beaconsfield Avenue, Gateshead, Tyne And Wear NE9 5XT4
£297K08/230.36 mi15, Breckenbeds Road, Gateshead, Tyne And Wear NE9 6HB4
£322K12/230.37 mi18, Cleasby Gardens, Gateshead, Tyne And Wear NE9 5HL4
£283K01/230.38 mi17, Thornlea Gardens, Gateshead, Tyne And Wear NE9 5HJ4
£375K12/220.4 mi113, Kells Lane, Gateshead, Tyne And Wear NE9 5XY4
£430K04/230.4 mi70, Kells Lane, Gateshead, Tyne And Wear NE9 5XY4
£400K12/230.41 mi2, Dryden Road, Gateshead, Tyne And Wear NE9 5HQ4
£255K10/210.42 mi35, Heathfield Road, Gateshead, Tyne And Wear NE9 5HH4
£145K03/210.44 mi10, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NN4
£325K12/210.45 mi3, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ4
£208K06/210.45 mi4, Cedars Green, Gateshead, Tyne And Wear NE9 6QE4
£264K08/230.45 mi23, Chowdene Bank, Gateshead, Tyne And Wear NE9 6JL4
£264K08/230.45 mi23, Chowdene Bank, Gateshead, Tyne And Wear NE9 6JL4
£350K02/210.46 mi7, Greenacre Park, Gateshead, Tyne And Wear NE9 6HF4
£390K06/210.49 miJoicey House, Joicey Road, Gateshead, Tyne And Wear NE9 5AT4
£340K02/230.49 mi5, Bideford Gardens, Gateshead, Tyne And Wear NE9 6XE4
£275K02/210.5 mi59, Dryden Road, Gateshead, Tyne And Wear NE9 5TR4
£432K11/230.51 mi58, Kells Lane, Gateshead, Tyne And Wear NE9 5XX4
£325K03/210.53 mi33, Joicey Road, Gateshead, Tyne And Wear NE9 5TH4
£405K12/200.53 mi357, Durham Road, Gateshead, Tyne And Wear NE9 5AJ4
£300K07/230.55 mi9, Hunstanton Court, Gateshead, Tyne And Wear NE9 6LA4
£389K01/210.56 mi1, Lavender Gardens, Gateshead, Tyne And Wear NE9 5TB4
£285K04/210.56 mi14, Lilac Gardens, Gateshead, Tyne And Wear NE9 5TL4
£325K05/210.56 mi1, Laburnum Gardens, Low Fell, Gateshead, Tyne And Wear NE9 5TN4
£250K10/200.57 mi95, Dryden Road, Gateshead, Tyne And Wear NE9 5TS4
£232.5K03/210.57 mi105, Dryden Road, Gateshead, Tyne And Wear NE9 5TS4

Local Rents

16 rents from £775/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£77506/240.09 miWesley Street, Low Fell, Gateshead3
£1,50007/240.17 miKillowen Street, Low Fell, NE94
£89506/240.21 miCherrytree Gardens, Low Fell3
£1,39506/240.23 miChurch Road, Low Fell3
£99509/240.26 mi-3
£85007/240.36 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£1,29506/240.41 miDryden Road, Low Fell, Gateshead, Tyne and Wear, NE93
£1,45003/230.45 mi-3
£1,40004/230.45 mi-3
£1,65008/240.45 mi-3
£1,50006/240.45 miJoicey Road, Gateshead, NE93
£89506/240.56 miFlorence Avenue, Low Fell, Gateshead, NE93
£1,20004/250.6 mi-3
£1,25006/240.62 miWells Gardens, Low Fell3
£1,25007/240.62 miWells Gardens, Low Fell3
£85006/240.62 miHarraby Gardens, Low Fell, Gateshead, NE93

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

1.74 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £690,000

September 14, 2024

Floor Plans

Description

  • Grade II Listed Building +
  • Accommodation Across Three Floors +
  • 22ft Reception Room +
  • Breakfasting Kitchen With Central Island +
  • Four Bedrooms All With En-Suite Bathrooms +
  • Basement Reception Room/Cinema +
  • Situated Within Beautiful Communal Grounds +
  • 0.2 Miles To Low Fell High Street +
  • Private Low Maintenance Garden Area +
  • Viewings Highly Recommended +

An impressive and unique family home situated within a grade II listed building within one of Low Fell's most prestigious developments...

We are pleased to welcome to the market this superb family residence offering accommodation across three levels set within the prominent Grade II listed Whinney House in the heart of Low Fell. This ample family home is part of the mansion house of the North wing within Whinney House, which has been divided into two substantial dwellings both with individual layouts.The property exudes grandeur and has many period features, including high ceilings, cornices, deep skirting boards, ceiling roses, sash windows, panelled doors and Victorian style radiators. The internal accommodation briefly comprises of an entrance lobby with original features and spacious hallway accessing the ground floor accommodation. Leading on from this is a traditional style ground floor shower room/WC, breakfasting kitchen with central island and larder style utility room and an impressive 22ft reception room with immaculate original features running throughout it. Moving upstairs to the first floor there are three bedrooms, all of which are double size rooms, each with its own en-suite bathroom. The largest of which is an impressive principal suite with fitted storage, dressing room and bathroom. To the lower ground floor is a further double bedroom suite and living room/cinema room. This level also offers ample storage. There is a lightwell to the front of the house which provides additional outside storage.

Externally there is a low maintenance private garden providing open access to the stunning communal grounds and an area of woodland. The property has 2 allocated parking bays and plenty of visitor parking.

Originating in the 16th century Low Fell has quickly developed into one of Gateshead's most popular areas. The Durham Road high street has now become a vibrant commercial hub with thriving shops, bars and restaurants.

Agent Details

Bell Estate Agents, Gateshead

0191 625 0825

Next Steps?

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