3 Bed Terraced House, Single Let, Cramlington, NE23 6LE, £135,000

Cairnsmore Close, Cramlington , Cramlington, Northumberland, NE23 6LE - 1 views - 6 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£77K - £265K
Sold Prices/m²£1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£167,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£800 - £1,095

Rent Estimate

£813

Running Costs/mo

£604

Cashflow/mo

£209

Cashflow/yr

£2,502

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £77K to £265K, average is £160K. £1K/m² to £4.1K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£118K03/210.03 mi6, Chesterhill, Cramlington, Northumberland NE23 6JN3
£113.8K08/210.03 mi16, Chesterhill, Cramlington, Northumberland NE23 6JN3
£122.5K07/230.03 mi29, Chesterhill, Cramlington, Northumberland NE23 6JN3
£107.5K09/230.03 mi22, Chesterhill, Cramlington, Northumberland NE23 6JN3
£260K12/230.04 mi1, Cairnsmore Close, Cramlington, Northumberland NE23 6LE3
£163K11/200.08 mi15, Cranshaw Place, Cramlington, Northumberland NE23 6JY3
£148.5K12/230.1 mi57, Cramond Way, Cramlington, Northumberland NE23 6LA3
£136K11/200.12 mi11, Coomside, Cramlington, Northumberland NE23 6HW3
£132.5K08/230.12 mi13, Coomside, Cramlington, Northumberland NE23 6HW3
£157K01/240.12 mi23, Coomside, Cramlington, Northumberland NE23 6HW3
£179.9K01/240.16 mi84, Cateran Way, Cramlington, Northumberland NE23 6HG3
£189.9K06/210.25 mi58, Westerkirk, Cramlington, Northumberland NE23 6NE3
£209K05/230.25 mi59, Westerkirk, Cramlington, Northumberland NE23 6NE3
£116K03/240.27 mi43, Alexandra Way, Cramlington, Northumberland NE23 6EA3
£155K11/230.29 mi3, West View, Cramlington, Northumberland NE23 6RJ3
£77K04/210.35 mi14, Storey Street, Cramlington, Northumberland NE23 6RL3
£165K02/210.35 mi12, Dewley, Cramlington, Northumberland NE23 6DS3
£85K03/230.36 mi25, Ridley Street, Cramlington, Northumberland NE23 6RH3
£124K02/240.36 mi2, Ridley Street, Cramlington, Northumberland NE23 6RH3
£99K07/240.36 mi8, Ridley Street, Cramlington, Northumberland NE23 6RH3
£225K11/210.37 mi10, Waterbeck Close, Cramlington, Northumberland NE23 6LT3
£177K05/210.37 mi79, Highburn, Cramlington, Northumberland NE23 6BA3
£170K06/210.39 mi20, Pickering Close, Cramlington, Northumberland NE23 6QB3
£184K03/210.4 mi4, Walkerburn, Cramlington, Northumberland NE23 6LU3
£135K11/230.41 mi24, Chipchase Avenue, Cramlington, Northumberland NE23 6TS3
£88K07/210.42 mi7, Percy Street, Cramlington, Northumberland NE23 6RG3
£102K09/230.42 mi6, Percy Street, Cramlington, Northumberland NE23 6RG3
£262.5K02/230.43 mi6, Whernside Place, Cramlington, Northumberland NE23 6PG3
£184K04/210.43 mi3, Windermere Close, Cramlington, Northumberland NE23 6PQ3
£144.5K02/240.43 mi20, Glenluce Drive, Cramlington, Northumberland NE23 6PP3
£144.5K02/240.43 mi20, Glenluce Drive, Cramlington, Northumberland NE23 6PP3
£115K04/230.43 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£265K09/210.44 mi1, Glenluce Drive, Cramlington, Northumberland NE23 6PN3
£220K09/230.44 mi9, Glenluce Drive, Cramlington, Northumberland NE23 6PN3
£211K01/240.44 mi12, Debdon Place, Cramlington, Northumberland NE23 6DH3
£225K02/210.45 mi27, Harnham Grove, Cramlington, Northumberland NE23 6AQ3
£91K12/220.45 mi43, Allensgreen, Cramlington, Northumberland NE23 6SG3
£128K05/210.46 mi13, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£135K05/240.46 mi40, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£192.5K02/230.46 mi1, Hareside, Cramlington, Northumberland NE23 6BH3
£168K04/210.47 mi7, Hareside, Cramlington, Northumberland NE23 6BH3
£145K06/210.47 mi15, Harnham Grove, Cramlington, Northumberland NE23 6AG3
£135K01/210.47 mi38, Highburn, Cramlington, Northumberland NE23 6BG3
£245K12/200.48 mi10, Glenluce Drive, Cramlington, Northumberland NE23 6PW3
£177.9K11/200.5 mi49, Windburgh Drive, Cramlington, Northumberland NE23 6NT3
£165K02/210.5 mi71, Windburgh Drive, Cramlington, Northumberland NE23 6NT3
£238.5K12/220.53 mi3, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£180K12/220.53 mi25, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£186K11/200.53 mi14, Gowanburn, Cramlington, Northumberland NE23 6NG3
£200K01/230.53 mi2, Gowanburn, Cramlington, Northumberland NE23 6NG3

Local Rents

15 rents from £800/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£94010/240.18 mi-3
£1,09503/250.31 mi-3
£87507/240.32 mi-3
£85006/240.32 miAlexandra Way, Cramlington, NE233
£87507/240.32 miAlexandra Way, Cramlington, NE233
£80006/240.38 miChipchase Avenue, Cramlington, NE233
£80006/240.41 miChipchase Avenue, Cramlington3
£95002/250.42 mi-3
£92508/240.46 mi-3
£92507/240.46 miDoddington Drive, Cramlington, NE233
£90005/240.53 miHarwood Close, Cramlington, Northumberland, NE23 6AW3
£90006/240.56 miSouth View Place, Cramlington, Northumberland, NE233
£95002/250.58 mi-3
£85007/240.59 mi-3
£85007/240.59 miMonkside, Cramlington, NE233

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

0.86 miles away

Nearest school

0.10 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £135,000

October 24, 2024

Sold for £133,000

2022

Description

  • Lovely home, well presented +
  • Gardens to the front and rear +
  • No onward purchase! +
  • Great family home/first time buy +

Super home available for sale! Well presented home that is available with no onward chain! Ideal for first time homeowners. The property is in a great location and will appeal to those looking for a three bedroom home within a popular residential area. Great local amenities, shops and schools are nearby too. Well maintained and offering gardens to the front and rear. The property comprises entrance hallway, living room, kitchen, dining area and french doors to the rear. The first floor provides three bedrooms and a bathroom.
Externally there are gardens to the front and rear, the latter is low maintenance.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Cramlington

01670 332737

Next Steps?

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