2 Bed Flat, Single Let, Hebburn, NE31 1XT, £79,995

Aln Street, Hebburn, NE31 1XT - 6 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£42K - £100K
Sold Prices/m²£609/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,938
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,999

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,199

 

 

Cash Out

 

Rent Range

£500 - £1,800

Rent Estimate

£543

Running Costs/mo

£379

Cashflow/mo

£164

Cashflow/yr

£1,973

ROI

8%

Gross Yield

8%

Local Sold Prices

52 sold prices from £42K to £100K, average is £80K. £609/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£60K01/210.05 mi19, Station Road, Hebburn, Tyne And Wear NE31 1LA2
£42K10/200.06 mi23, Tweed Street, Hebburn, Tyne And Wear NE31 1XP2
£77.5K03/230.1 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K04/230.1 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K03/220.1 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£82.5K04/220.12 mi5, May Close, Hebburn, Tyne And Wear NE31 1FD2
£69K11/220.13 mi27, Victoria Road West, Hebburn, Tyne And Wear NE31 1UZ2
£68K07/230.13 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£62.5K09/210.14 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£78K10/200.14 mi37, Wellington Street, Hebburn, Tyne And Wear NE31 2UQ2
£69K01/210.14 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£83K04/220.16 mi72, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£80K03/230.16 mi5, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£86K12/220.16 mi86, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£85K04/240.16 mi70, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£50K01/210.21 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£85K07/220.29 mi33, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£85K12/200.29 mi25, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£87.5K04/210.29 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£83K10/210.29 mi32, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£79K01/230.29 mi29, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£100K04/230.29 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.29 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.29 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£75K03/210.32 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.32 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£87.5K03/230.35 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£80K12/230.35 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£100K07/240.35 mi15, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£74K03/230.42 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£72K11/220.42 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£65K11/220.45 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£85K07/230.45 mi26, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£90K11/230.45 mi4, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K09/230.45 mi22, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£72K05/240.48 mi18, Victoria Street, Hebburn, Tyne And Wear NE31 1DY2
£82K09/220.49 mi109, Ellison Street, Hebburn, Tyne And Wear NE31 1EE2
£91K01/230.51 mi9, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£80K04/230.53 mi53, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K05/230.53 mi51, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£75K02/210.56 mi16, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£65K05/210.56 mi24, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£90K05/210.56 mi10, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240.56 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240.56 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£92K12/200.58 mi36, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£84.5K01/210.58 mi17, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£95K03/210.6 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£95K03/210.6 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£85K08/230.6 mi1, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£49K09/210.66 mi31, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2
£58.5K09/220.66 mi33, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2

Local Rents

26 rents from £500/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65006/240.01 miWhickham Road, Hebburn, South Tyneside2
£65005/240.01 mi-2
£62507/240.03 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.06 mi-2
£72506/240.1 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£62507/240.12 mi-2
£62506/240.12 miVictoria Road West, Hebburn, NE312
£60004/240.12 mi-2
£79507/240.12 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£57505/240.12 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£75007/240.28 mi-2
£53005/240.43 miVictoria Street, Hebburn2
£50009/230.45 mi-2
£85006/240.46 miToner Avenue, Hebburn2
£70006/240.46 miChurch Street, Hebburn2
£55005/240.46 miAshwood Croft, Hebburn2
£65003/250.48 mi-2
£77505/240.52 miPalmer Crescent, Hebburn, Tyne & Wear2
£69505/240.52 mi-2
£65007/240.53 miAnn Street, Hebburn, NE312
£75007/240.54 miAgincourt, Hebburn, Tyne and Wear, NE312
£69506/240.54 miWindsor Crescent, Hebburn2
£65005/240.56 miHazelmoor, Hebburn2
£55005/240.57 miAgincourt, Hebburn2
£67505/240.57 mi-2
£1,80003/250.58 mi-2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.22 miles away

Nearest school

0.40 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Price changed to £79,995

February 28, 2025

Listed for £85,000

October 29, 2024

Description

  • Contemporary, Neutral Decor With Generous Living Spaces +
  • Prime Central Location Within Walking Distance To Amenities +
  • Versatile Layout To Suit Each Individuals Needs +
  • Sold With Vacant Possession, Recommended For Viewing +
  • Reference : 458115 +

Introducing this stylish and spacious first floor flat, perfectly situated in the heart of Hebburn Central. With easy access to a wide array of local amenities, including shops, parks, convenient bus links, and Hebburn Metro for seamless commuting, this property is ideal for first time buyers and investors alike.

Originally a three bedroom layout, it has been thoughtfully reconfigured into a two bedroom, two reception room space, with the option to revert to its original form if desired. Featuring neutral, modern decor, this move-in-ready home is offered with vacant possession.

The floorplan includes an entrance hallway leading upstairs, two generously sized bedrooms, and an open-plan lounge and dining area, with the kitchen and bathroom positioned at the rear. Outside, there is a private yard, adding to the property's appeal. Early viewings are highly recommended!
ENTRANCE
Entrance door into Hallway.
HALLWAY
Radiator and stairs to first floor Landing.
FIRST FLOOR LANDING
Access into both Bedrooms and Lounge.
LOUNGE 4.57m (15'0) x 3.91m (12'10)
Radiator, double glazed window, fire with surround and door into Kitchen. Opening into:-
DINING ROOM 3.51m (11'6) x 2.13m (7')
Previously the third bedroom, the room can be converted back to offer three bedrooms and one reception room. Having a double glazed window and radiator.
KITCHEN
Fitted with a contemporary range of wall and base units with contrasting worktops, integrated oven and hob with extractor over, sink unit with mixer tap, plumbing for washing machine, double glazed window, part tiling to walls, tiling to floor, door to rear staircase and opening to rear Hallway.
REAR HALLWAY
Door into Bathroom.
BATHROOM 1.98m (6'6) x 1.96m (6'5)
Panelled bath with shower over and shower screen, hand wash basin, low flush W.C., double glazed window, part tiling to walls and tiling to floor.
BEDROOM ONE 4.39m (14'5) x 3.91m (12'10)
Double glazed window, radiator and fire with surround.
BEDROOM TWO 2.74m (9'0) x 2.11m (6'11)
Double glazed window and laminate flooring.
EXTERNALLY
Low maintenance garden to rear.
Tenure
The property is Freehold.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 7 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE31 1XT and mobile coverage is provided by EE, Three and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: D

Agent Details

Andrew Craig, Jarrow

0191 625 0760

Next Steps?

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