3 Bed Terraced House, Single Let, Cramlington, NE23 7AR, £137,000

9 Burt Crescent, Cramlington, Tyne And Wear, NE23 7AR - 4 views - 5 months ago

Sold STC
BTL
ROI: 9%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£60K - £265K
Sold Prices/m²£741/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£155,000
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,250

Stamp Duty & Legal Fees

£5,310

Total Cash In

£39,560

 

 

Cash Out

 

Rent Range

£600 - £1,275

Rent Estimate

£914

Running Costs/mo

£631

Cashflow/mo

£283

Cashflow/yr

£3,397

ROI

9%

Gross Yield

8%

Local Sold Prices

48 sold prices from £60K to £265K, average is £150K. £741/m² to £4.1K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£150K06/240 mi15, Burt Crescent, Dudley, Cramlington, Tyne And Wear NE23 7AR3
£115K11/230.09 mi40, Hudson Avenue, Annitsford, Cramlington, Tyne And Wear NE23 7DA3
£105K05/230.09 mi16, Hudson Avenue, Annitsford, Cramlington, Tyne And Wear NE23 7DA3
£118K12/200.1 mi28, Bowman Drive, Dudley, Cramlington, Tyne And Wear NE23 7AS3
£200K03/240.12 miPrestwick Cottage, Burradon Road, Annitsford, Cramlington, Tyne And Wear NE23 7BB3
£102K08/230.13 mi35, Wardle Drive, Annitsford, Cramlington, Tyne And Wear NE23 7DD3
£124K07/230.13 mi37, Wardle Drive, Annitsford, Cramlington, Tyne And Wear NE23 7DD3
£93K07/240.14 mi32, Burnside Avenue, Annitsford, Cramlington, Tyne And Wear NE23 7AU3
£215K03/210.17 mi6, Seaton Croft, Annitsford, Cramlington, Tyne And Wear NE23 7LA3
£190K02/210.17 mi20, Seaton Croft, Annitsford, Cramlington, Northumberland NE23 7LA3
£127.5K05/230.22 mi13, Craig Crescent, Dudley, Cramlington, Tyne And Wear NE23 7AN3
£105K03/210.26 mi38, Front Street, Annitsford, Cramlington, Tyne And Wear NE23 7RQ3
£132.5K12/200.28 mi9, Barras Gardens, Annitsford, Cramlington, Tyne And Wear NE23 7RB3
£175K11/210.29 mi45, Primrose Close, Annitsford, Cramlington, Tyne And Wear NE23 7UD3
£203K05/240.29 mi29, Primrose Close, Annitsford, Cramlington, Tyne And Wear NE23 7UD3
£220K11/230.3 mi37, Ashkirk, Dudley, Cramlington, Tyne And Wear NE23 7DF3
£138.9K11/200.35 mi28, Elizabeth Crescent, Dudley, Cramlington, Tyne And Wear NE23 7AJ3
£150K09/230.35 mi26, Elizabeth Crescent, Dudley, Cramlington, Tyne And Wear NE23 7AJ3
£157K03/210.43 mi17, Southfields, Dudley, Cramlington, Tyne And Wear NE23 7HU3
£130K01/240.49 mi20, Bamborough Court, Dudley, Cramlington, Tyne And Wear NE23 7HW3
£130K07/240.51 mi13, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£112.3K04/210.51 mi3, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£155K08/240.51 mi1, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£245K11/200.53 miSt Niklausen, 10, North Villas, Dudley, Cramlington, Tyne And Wear NE23 7QF3
£164.9K09/230.56 mi61, Weetslade Crescent, Dudley, Cramlington, Tyne And Wear NE23 7LL3
£150K12/220.58 mi14, Weetslade Crescent, Dudley, Cramlington, Tyne And Wear NE23 7LJ3
£89.5K11/200.68 mi72, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NF3
£181K05/210.68 mi43, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NF3
£80K10/230.68 mi8, Angerton Terrace, Dudley, Cramlington, Tyne And Wear NE23 7JE3
£114K10/200.71 mi1, Means Court, Burradon, Cramlington, Tyne And Wear NE23 7PE3
£160K11/230.79 mi3, Green Lane, Dudley, Cramlington, Tyne And Wear NE23 7JP3
£103.5K07/230.8 mi71, Green Crescent, Dudley, Cramlington, Tyne And Wear NE23 7JS3
£90K06/240.81 mi24, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£60K03/230.81 mi19, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£118K08/230.81 mi1, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£90K06/210.84 mi49, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PD3
£170K03/240.85 mi4, Whitburn Place, Cramlington, Northumberland NE23 6PJ3
£265K07/230.85 mi9, Hazelmere Dene, Seghill, Cramlington, Northumberland NE23 7LW3
£200K09/210.88 mi6, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NE3
£177.9K11/200.91 mi49, Windburgh Drive, Cramlington, Northumberland NE23 6NT3
£165K02/210.91 mi71, Windburgh Drive, Cramlington, Northumberland NE23 6NT3
£210K09/210.95 mi5, Fox Lea Walk, Seghill, Cramlington, Northumberland NE23 7TD3
£262.5K02/230.96 mi6, Whernside Place, Cramlington, Northumberland NE23 6PG3
£152K03/210.96 mi27, Redford Place, Burradon, Cramlington, Tyne And Wear NE23 7LG3
£184K04/210.98 mi3, Windermere Close, Cramlington, Northumberland NE23 6PQ3
£170K06/210.98 mi12, Grindon Close, Cramlington, Northumberland NE23 6NQ3
£184K03/210.99 mi4, Walkerburn, Cramlington, Northumberland NE23 6LU3
£135K06/240.99 mi88, Allanville, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XT3

Local Rents

18 rents from £600/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,02503/250.1 mi-3
£78003/240.46 mi-3
£60001/250.79 mi-3
£95002/250.96 mi-3
£89501/241.02 mi-3
£92507/241.1 miCamperdown, NEWCASTLE UPON TYNE, NE12 5XL3
£1,03005/241.16 miCygnet Park, Killingworth, NE12 5AS3
£1,20005/241.16 miAdmiral Way, Killingworth, NE123
£1,18505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.16 miAdmiral Way, Killingworth, NE123
£1,27505/241.18 miHazel Court, Camperdown, Newcastle Upon Tyne, NE123
£92505/241.22 miSedgemoor, Highfields, Killingworth3
£1,09503/251.24 mi-3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

2.14 miles away

Nearest school

0.20 miles away

Nearest train station

2.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £137,000

October 29, 2024

Sold for £119,000

2008

Floor Plans

Description

  • Council Tax Band A, Freehold, +
  • Great Location in a Quiet Area +
  • Well-Sized And Well-Kept Garden +
  • Two Parking Spaces To Front Of Property +
  • Spacious Living/Dining Room, Modern Fitted Kitchen +
  • Three Bedrooms +
  • Smart Bathroom +
  • New Hospital 6 Minute Drive From Property +
  • Close Proximity To A1 Motorway and A19 Motorway +
  • Viewing Advised +

This well presented property is an ideal first time buy. with a larger than average rear garden and ample off road parking, Viewing Advised

This end of terrace home is located in Dudley, Cramlington with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more including a new hospital "Northumbria Specialist Emergency Care Hospital" a 6 minute drive away as well as Concordia Leisure Centre in Cramlington and Fordley Planta Nature Reserve a 7 minute drive away from the property. The area also offers excellent road and transport links for travel both locally and further afield with the property being located near the A19 which leads you to York through Middlesbrough and the A1 providing easy access throughout the country from Edinburg to London.

The accommodation briefly comprises a welcoming entrance way, a spacious living room with a dining area and a fitted kitchen.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from ample off road parking and a larger than average rear garden, with decking, patio and a large lawned area.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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