3 Bed Terraced House, Single Let, Washington, NE38 9AQ, £110,000

Rowan Avenue, Washington, Tyne And Wear, NE38 9AQ - 1 views - 7 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£96K - £350K
Sold Prices/m²£1.1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£133,100
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£650 - £1,800

Rent Estimate

£675

Running Costs/mo

£499

Cashflow/mo

£176

Cashflow/yr

£2,115

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £96K to £350K, average is £160.5K. £1.1K/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£96K05/210 mi129, Rowan Avenue, Washington, Tyne And Wear NE38 9AQ3
£100K03/230.12 mi8, Pinewood Avenue, Washington, Tyne And Wear NE38 9AY3
£121K01/210.16 mi18, Firtree Avenue, Washington, Tyne And Wear NE38 9BA3
£155K11/200.23 mi8, Vigo Lane, Harraton, Washington, Tyne And Wear NE38 9AH3
£158K10/230.29 mi16, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£180K05/240.29 mi4, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£165K03/210.29 mi5, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£148K09/230.29 mi34, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£105K09/210.32 mi4, Sycamore Avenue, Washington, Tyne And Wear NE38 9BH3
£350K09/210.32 mi51, Fatfield Park, Washington, Tyne And Wear NE38 8BP3
£112.5K09/210.35 mi33, Pendle Close, Washington, Tyne And Wear NE38 0PZ3
£163K11/220.36 mi17, South Crescent, Washington, Tyne And Wear NE38 9AS3
£131.5K06/230.36 mi18, South Crescent, Washington, Tyne And Wear NE38 9AS3
£120K02/210.36 mi10, South Crescent, Washington, Tyne And Wear NE38 9AS3
£168K11/200.37 mi41, Larchwood, Washington, Tyne And Wear NE38 9BT3
£262K07/230.37 mi4, Larchwood, Washington, Tyne And Wear NE38 9BT3
£190K03/210.37 mi58, Larchwood, Washington, Tyne And Wear NE38 9BT3
£315K03/230.37 mi9, Fatfield Park, Washington, Tyne And Wear NE38 8BN3
£196K11/200.37 mi38, New Road, Washington, Tyne And Wear NE38 9AT3
£97.2K06/210.37 mi8, Mendip Drive, Washington, Tyne And Wear NE38 0PN3
£200K05/210.42 mi48, Biddick Lane, Washington, Tyne And Wear NE38 8AD3
£260K07/240.42 mi48, Biddick Lane, Washington, Tyne And Wear NE38 8AD3
£112K11/210.42 mi34, Laburnum Avenue, Washington, Tyne And Wear NE38 9BU3
£145K02/240.42 mi41, Laburnum Avenue, Washington, Tyne And Wear NE38 9BU3
£233.5K06/210.42 mi5, Alderwood, Washington, Tyne And Wear NE38 9BS3
£215K10/210.42 mi34, Alderwood, Washington, Tyne And Wear NE38 9BS3
£250K06/240.42 mi38, Alderwood, Washington, Tyne And Wear NE38 9BS3
£296K06/230.42 mi33, Wroxton, Washington, Tyne And Wear NE38 7NU3
£251.2K04/240.42 mi2, Wroxton, Washington, Tyne And Wear NE38 7NU3
£260K03/230.42 mi3, Wroxton, Washington, Tyne And Wear NE38 7NU3
£112.5K02/210.43 mi38, Cuillin Close, Lambton, Washington, Tyne And Wear NE38 0PU3
£209K06/210.43 mi60, Biddick Lane, Washington, Tyne And Wear NE38 8AA3
£130K01/230.44 mi16, Cuillin Close, Lambton, Washington, Tyne And Wear NE38 0PU3
£115K12/200.47 mi8, Caplestone Close, Washington, Tyne And Wear NE38 0PT3
£115K12/200.47 mi8, Caplestone Close, Washington, Tyne And Wear NE38 0PT3
£115K12/200.47 mi8, Caplestone Close, Washington, Tyne And Wear NE38 0PT3
£315K03/210.48 mi1, Deepdale, Washington, Tyne And Wear NE38 9EA3
£315K04/240.48 mi5, Deepdale, Washington, Tyne And Wear NE38 9EA3
£110K06/240.48 mi29, Howardian Close, Washington, Tyne And Wear NE38 0PX3
£150K05/240.48 mi35, Howardian Close, Washington, Tyne And Wear NE38 0PX3
£122.5K04/230.48 mi5, Cleveland Drive, Washington, Tyne And Wear NE38 0PP3
£134K12/220.49 mi28, Howardian Close, Washington, Tyne And Wear NE38 0PX3
£108K09/210.51 mi53, Cairnsmore Drive, Washington, Tyne And Wear NE38 0PS3
£275K08/230.51 mi11, Creevelea, Washington, Tyne And Wear NE38 7TU3
£255K11/200.51 mi10, Creevelea, Washington, Tyne And Wear NE38 7TU3
£124.5K07/210.53 mi15, Teviot, Washington, Tyne And Wear NE38 9EE3
£122.5K06/210.53 mi1, Teviot, Washington, Tyne And Wear NE38 9EE3
£200.5K03/240.53 mi3, Chacombe, Washington, Tyne And Wear NE38 7HB3
£170K04/210.53 mi13, Chacombe, Washington, Tyne And Wear NE38 7HB3
£180K11/220.54 mi14, The Spinney, Washington, Tyne And Wear NE38 8RY3

Local Rents

20 rents from £650/mo to £1.8K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67502/240.01 mi-3
£1,80005/240.45 miThe Generals Wood, Washington, Tyne and Wear, NE383
£79505/240.45 miBurtree, Lambton, Washington, Tyne and Wear, NE383
£70005/240.57 mi-3
£77512/240.61 mi-3
£72512/240.62 mi-3
£79502/250.64 mi-3
£75012/240.65 miFernlea Close, Fatfield, Washington, Tyne and Wear, NE383
£72512/240.68 miPetteril, Washington, Tyne and Wear, NE383
£69512/240.72 mi-3
£80012/240.73 miPetteril, Washington, Tyne and Wear, NE38 9EQ3
£72508/240.84 mi-3
£79508/230.84 mi-3
£67505/240.93 mi-3
£80003/250.94 mi-3
£1,20005/241.02 miHarthope Close, Rickleton, Washington3
£75012/241.02 miBerwick Street, Washington3
£1,10001/251.05 mi-3
£70012/241.17 miThornton Court, Glebe, Washington3
£65012/241.21 mi-3

Local Area Statistics

Population in NE38

31,232

Population in Washington

52,264

Town centre distance

1.16 miles away

Nearest school

0.50 miles away

Nearest train station

2.75 miles away

 

 

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £110,000

September 17, 2024

Floor Plans

Description

  • No Upper Chain +
  • Beautifully Presented +
  • Three Bedroom +
  • Mid Terrace Home +
  • Enclosed Front Garden +
  • Sought After Location +
  • Kitchen / Diner +
  • Spacious Rooms +
  • Viewing Highly Advised +

Keyhole Residential are delighted to welcome to the sale market this immaculately presented three bedroom terrace property situated in the sought after location of Rowan Avenue, Harraton, Washington.

Choicely positioned with an open outlook to the front offering easy access to the coast to coast cycle path for walking and cycling, this spacious home offers a bright and welcoming lounge, a beautiful and modern kitchen/diner, with the added addition of a spacious porch. To the first floor there are three bedrooms and a bathroom with a modern three-piece suite along with ample storage.

Perfectly located in the village of Harraton, this property is situated close to several well regarded schools and is within walking distance of a number of well know and highly respected restaurants and public houses. The Washington Galleries is only a short drive away along with both the A1 and A19 road networks and the property is located on a good bus route connecting to Washington town centre.

Full Description

Entrance Porch
Double glazed door, carpet flooring, door leading to lounge.

Lounge
Double glazed window, two radiator, television and telephone point, understairs storage cupboard, carpet flooring.
(Room Size: 5.6m x 5.6m)

Kitchen/Diner
Kitchen - Double glazed window, fitted wall and base units, roll top work surfaces, stainless steel sink unit with mixer tap, integrated electric oven and hob, plumbed for washing machine, laminate flooring.
Diner - Double glazed window, radiator, double glazed door, laminate flooring.
(Room Size: 5.3m x 2.4m)

Stairs To First Floor
Two storage cupboards, carpet flooring, loft access.

Bedroom One
Double glazed window, radiator, carpet flooring.
(Room Size: 4.0m x 2.6m)

Bedroom Two
Double glazed window, radiator, carpet flooring.
(Room Size: 4.0m x 2.6m)

Bedroom Three
Double glazed window, radiator, carpet flooring.
(Room Size: 2.6m x 2.7m)

Bathroom
Double glazed window, low level wc, pedestal wash basin, bath with shower over, feature towel radiator, part tiled walls, tiled flooring.

Enclosed Rear Garden
Lawned and patio area, gated access.

Front Courtyard

On Street Parking Available

Council Tax Band: A
Freehold Property
EPC Rating: C

Agent Details

Keyhole Residential, Birtley

0191 625 0171

Next Steps?

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