2 Bed Terraced House, Single Let, Wallsend, NE28 7SZ, £130,000

Churchill Street, Wallsend, NE28 7SZ - 6 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£63K - £184.5K
Sold Prices/m²£1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£104,769

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£495 - £1,195

Rent Estimate

£569

Running Costs/mo

£540

Cashflow/mo

£29

Cashflow/yr

£347

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £63K to £184.5K, average is £114.5K. £1K/m² to £3.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£153K10/210.07 mi41, Tynemouth Road, Wallsend, Tyne And Wear NE28 0AA2
£100K11/230.11 mi82, Northumberland Terrace, Wallsend, Tyne And Wear NE28 7BL2
£96K02/210.13 mi21, Shakespeare Street, Wallsend, Tyne And Wear NE28 7DE2
£92K02/230.17 mi31, Rosewood Terrace, Wallsend, Tyne And Wear NE28 0AF2
£184.5K04/240.17 mi4, Robinson Gardens, Wallsend, Tyne And Wear NE28 0NG2
£112K03/230.19 mi5, Mcnamara Road, Wallsend, Tyne And Wear NE28 7DP2
£95K12/200.19 mi12, Angle Terrace, Wallsend, Tyne And Wear NE28 7BQ2
£75K11/200.21 mi2, Eversley Place, Wallsend, Tyne And Wear NE28 7BD2
£133K05/230.22 mi33, Harrison Road, Wallsend, Tyne And Wear NE28 0NE2
£105.2K02/240.22 mi7, Elizabeth Road, Wallsend, Tyne And Wear NE28 0AH2
£175K04/240.23 mi31, Churchill Street, Wallsend, Tyne And Wear NE28 7TD2
£94K05/210.23 mi36, Churchill Street, Wallsend, Tyne And Wear NE28 7TD2
£110K02/210.23 mi53, Mcnamara Road, Wallsend, Tyne And Wear NE28 7DY2
£128K08/240.27 mi8, Priors Way, Wallsend, Tyne And Wear NE28 7BY2
£118K02/210.27 mi8, Priors Way, Wallsend, Tyne And Wear NE28 7BY2
£76K08/210.27 mi25, Mickley Close, Willington Quay, Wallsend, Tyne And Wear NE28 6JJ2
£75K03/210.28 mi40, Hazelwood Terrace, Wallsend, Tyne And Wear NE28 0AJ2
£110K01/230.34 mi4, Oban Avenue, Wallsend, Tyne And Wear NE28 0PU2
£162.5K02/230.34 mi27, Amberley Close, Wallsend, Tyne And Wear NE28 0LB2
£120K07/210.38 mi105, Edward Road, Wallsend, Tyne And Wear NE28 7DU2
£136K02/230.38 mi16, Camberley Road, Wallsend, Tyne And Wear NE28 0PN2
£100K10/230.4 mi20, Point Pleasant Terrace, Wallsend, Tyne And Wear NE28 6QQ2
£83.5K07/230.4 mi18, Stead Street, Wallsend, Tyne And Wear NE28 0AP2
£152K07/240.4 mi19, Windsor Close, Wallsend, Tyne And Wear NE28 0PW2
£115K11/210.41 mi103, Savory Road, Wallsend, Tyne And Wear NE28 7EH2
£135K09/230.44 mi34, North Terrace, Wallsend, Tyne And Wear NE28 6PZ2
£120K12/230.44 mi22, North Terrace, Wallsend, Tyne And Wear NE28 6PZ2
£85K09/230.44 mi32, North Terrace, Wallsend, Tyne And Wear NE28 6PZ2
£120K11/230.44 mi9, Timlin Gardens, Wallsend, Tyne And Wear NE28 0AT2
£117.5K11/230.45 mi2, Rutherford Street, Wallsend, Tyne And Wear NE28 0AW2
£114K04/240.46 mi22, Octavia Court, Wallsend, Tyne And Wear NE28 7EW2
£77K11/200.46 mi18, Octavia Court, Wallsend, Tyne And Wear NE28 7EW2
£127K01/230.47 mi13, Timlin Gardens, Wallsend, Tyne And Wear NE28 0AT2
£115K05/230.5 mi4, Woodman Street, Wallsend, Tyne And Wear NE28 0AS2
£128.5K01/230.51 mi1, Smeaton Court, Wallsend, Tyne And Wear NE28 6RR2
£150.5K09/230.52 mi91, Laing Grove, Wallsend, Tyne And Wear NE28 0DF2
£105K06/210.53 mi3, North Terrace, Wallsend, Tyne And Wear NE28 6PY2
£74.5K05/230.53 mi20, South Terrace, Wallsend, Tyne And Wear NE28 6QD2
£114K12/200.54 mi164, Tynemouth Road, Wallsend, Tyne And Wear NE28 0DZ2
£140K11/200.54 mi156, Tynemouth Road, Wallsend, Tyne And Wear NE28 0DZ2
£88K03/230.55 mi68, Holderness Road, Wallsend, Tyne And Wear NE28 0DJ2
£63K04/230.56 mi31, Byron Avenue, Wallsend, Tyne And Wear NE28 6NG2
£120K01/230.56 mi14, Westmorland Avenue, Wallsend, Tyne And Wear NE28 6SN2
£128K02/230.56 mi6, Coniston Road, Wallsend, Tyne And Wear NE28 0EY2
£97K07/230.58 mi31, Westmorland Avenue, Wallsend, Tyne And Wear NE28 6SN2
£122K03/240.58 mi22, Westmorland Avenue, Wallsend, Tyne And Wear NE28 6SN2
£115K01/210.58 mi2, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR2
£115K03/210.58 mi9, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR2
£95K10/200.59 mi15, Brampton Gardens, Wallsend, Tyne And Wear NE28 0HD2
£103K02/240.59 mi73, Rutherford Street, Wallsend, Tyne And Wear NE28 0AY2

Local Rents

24 rents from £495/mo to £1.2K/mo, average is £688/mo.

RentDateDistanceAddressBeds 
£62507/240.04 miMerlin Crescent, Rosehill2
£60002/250.08 mi-2
£75012/240.15 mi-2
£80004/250.22 mi-2
£82510/240.27 mi-2
£62505/240.31 mi-2
£62505/240.31 mi-2
£55002/250.32 mi-2
£70007/240.35 miOban Avenue, Wallsend, Tyne and Wear, NE28 0PU2
£70007/240.35 miOban Avenue, Wallsend, Tyne and Wear, NE28 0PU2
£65006/240.38 miLaing Grove, Howdon, Wallsend. NE28 0DE2
£72505/240.41 miSavory Road, Wallsend2
£1,19512/240.42 miEngine Inn Road, Wallsend2
£55006/240.45 miSouth Terrace, Wallsend, NE282
£49506/240.45 miHolderness Road, Howdon, NE282
£57506/240.46 mi-2
£57506/240.46 miCleveland Gardens, Wallsend, NE282
£85006/240.48 miWoodman Street, Wallsend, Tyne and Wear, NE282
£67503/250.48 mi-2
£52502/250.52 mi-2
£70003/240.6 mi-2
£70005/240.6 miWallsend, Newcastle Upon Tyne, NE282
£79506/240.61 miWestmorland Avenue, Wallsend2
£87504/250.61 mi-2

Local Area Statistics

Population in NE28

44,519

Population in Wallsend

44,520

Town centre distance

0.55 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+43%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £130,000

October 31, 2024

Sold for £110,000

2022

Sold for £82,000

2010

Sold for £50,000

2005

Sold for £29,000

1995

Floor Plans

Description

  • TWO BEDROOM TERRACED HOUSE +
  • MODERN KITCHEN DINER +
  • UTILITY ROOM +
  • TWO DOUBLE BEDROOMS +
  • CONTEMPORARY FAMILY BATHROOM +
  • PRIVATE REAR YARD +
  • CLOSE TO AMENITIES AND LOCAL TRANSPORT LINKS +

IDEALLY LOCATED TWO BEDROOM MID TERRACED HOUSE WITH MODERN KITCHEN DINER, UTILITY ROOM AND TWO DOUBLE BEDROOMS

Brannen and Partners welcome to the market this well presented two bedroom home. This freehold property benefits from a good size living room, modern kitchen-diner, handy utility room, two double bedrooms, family bathroom and private rear yard, positioned close to local amenities and transport links.

Briefly comprising: Welcoming entrance hallway with door leading into the spacious living room, which features a bay window with fitted shutters. From the hallway, a door leads into the modern kitchen diner with a range of wall and base units. The central island houses the sink unit, and has space for dining. Integrated appliances include; electric oven, electric hob, dishwasher and fridge, complete with a large storage cupboard.

The utility room has a range of wall and base units, sink and plumbing/space for a washing machine, as well as space for an additional fridge freezer. A UPVC glazed door leads out to the rear yard.

Stairs lead to the first floor with access to both double bedrooms. The main bedroom is a good size double, with door leading to a walk in wardrobe area providing excellent storage. The second bedroom is another good size double, with storage cupboard and overlooks the rear of the property.
The family bathroom consists of bath with shower overhead, fitted sink unit with storage below and WC.

Externally, to the front of the property is a walled town garden. Whilst to the rear is a private yard with decked area, incorporating a partially covered storage space. Parking is on street.

The property is ideally located for shops with local library, GP, pharmacists, and dentist nearby. There are excellent local transport links, as well as offering easy access to major road links. Silverlink Shopping Park is within easy reach by car or bus, offering a good selection of high street shops.

Entrance Vestibule -

Hallway -

Living Room - 3.79m x 3.81m (12'5" x 12'5") -

Kitchen/Diner - 4.96m x 3.60m (16'3" x 11'9") -

Utility Room - 3.34m x 1.66m (10'11" x 5'5") -

Bedroom - 3.88m x 3.67m (12'8" x 12'0") -

Bedroom - 3.65m x 3.28m (11'11" x 10'9") -

Bathroom - 2.57m x 1.54m (8'5" x 5'0") -

Externally - To the rear is a private yard and to the front is a town garden.

Tenure - Freehold

Agent Details

Brannen & Partners, Tynemouth

0191 625 0803

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪