3 Bed Terraced House, Single Let, Cramlington, NE23 6JL, £105,000

Akeld Close, Cramlington, NE23 6JL - 5 months ago

Sold STC
BTL
ROI: 12%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£77K - £265K
Sold Prices/m²£1K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£130,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£800 - £1,095

Rent Estimate

£838

Running Costs/mo

£516

Cashflow/mo

£322

Cashflow/yr

£3,867

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £77K to £265K, average is £144.5K. £1K/m² to £3.1K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£118K03/210.11 mi6, Chesterhill, Cramlington, Northumberland NE23 6JN3
£113.8K08/210.11 mi16, Chesterhill, Cramlington, Northumberland NE23 6JN3
£122.5K07/230.11 mi29, Chesterhill, Cramlington, Northumberland NE23 6JN3
£107.5K09/230.11 mi22, Chesterhill, Cramlington, Northumberland NE23 6JN3
£116K03/240.15 mi43, Alexandra Way, Cramlington, Northumberland NE23 6EA3
£260K12/230.16 mi1, Cairnsmore Close, Cramlington, Northumberland NE23 6LE3
£163K11/200.17 mi15, Cranshaw Place, Cramlington, Northumberland NE23 6JY3
£179.9K01/240.21 mi84, Cateran Way, Cramlington, Northumberland NE23 6HG3
£165K02/210.21 mi12, Dewley, Cramlington, Northumberland NE23 6DS3
£148.5K12/230.23 mi57, Cramond Way, Cramlington, Northumberland NE23 6LA3
£136K11/200.26 mi11, Coomside, Cramlington, Northumberland NE23 6HW3
£132.5K08/230.26 mi13, Coomside, Cramlington, Northumberland NE23 6HW3
£157K01/240.26 mi23, Coomside, Cramlington, Northumberland NE23 6HW3
£115K04/230.29 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£177K05/210.29 mi79, Highburn, Cramlington, Northumberland NE23 6BA3
£211K01/240.3 mi12, Debdon Place, Cramlington, Northumberland NE23 6DH3
£225K02/210.31 mi27, Harnham Grove, Cramlington, Northumberland NE23 6AQ3
£135K11/230.32 mi24, Chipchase Avenue, Cramlington, Northumberland NE23 6TS3
£145K06/210.33 mi15, Harnham Grove, Cramlington, Northumberland NE23 6AG3
£155K11/230.34 mi3, West View, Cramlington, Northumberland NE23 6RJ3
£91K12/220.34 mi43, Allensgreen, Cramlington, Northumberland NE23 6SG3
£192.5K02/230.35 mi1, Hareside, Cramlington, Northumberland NE23 6BH3
£168K04/210.35 mi7, Hareside, Cramlington, Northumberland NE23 6BH3
£189.9K06/210.39 mi58, Westerkirk, Cramlington, Northumberland NE23 6NE3
£209K05/230.39 mi59, Westerkirk, Cramlington, Northumberland NE23 6NE3
£135K01/210.4 mi38, Highburn, Cramlington, Northumberland NE23 6BG3
£170K06/210.4 mi20, Pickering Close, Cramlington, Northumberland NE23 6QB3
£238.5K12/220.41 mi3, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£180K12/220.41 mi25, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£77K04/210.41 mi14, Storey Street, Cramlington, Northumberland NE23 6RL3
£85K03/230.41 mi25, Ridley Street, Cramlington, Northumberland NE23 6RH3
£124K02/240.41 mi2, Ridley Street, Cramlington, Northumberland NE23 6RH3
£99K07/240.41 mi8, Ridley Street, Cramlington, Northumberland NE23 6RH3
£128K05/210.41 mi13, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£135K05/240.41 mi40, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£142K06/210.42 mi9, Herdlaw, Cramlington, Northumberland NE23 6AH3
£182K05/240.42 mi8, Herdlaw, Cramlington, Northumberland NE23 6AH3
£88K07/210.45 mi7, Percy Street, Cramlington, Northumberland NE23 6RG3
£102K09/230.45 mi6, Percy Street, Cramlington, Northumberland NE23 6RG3
£100K08/210.48 mi36, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£123K12/230.48 mi4, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£120K04/240.48 mi42, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£144.5K02/240.48 mi20, Glenluce Drive, Cramlington, Northumberland NE23 6PP3
£144.5K02/240.48 mi20, Glenluce Drive, Cramlington, Northumberland NE23 6PP3
£265K09/210.48 mi1, Glenluce Drive, Cramlington, Northumberland NE23 6PN3
£220K09/230.48 mi9, Glenluce Drive, Cramlington, Northumberland NE23 6PN3
£205K08/210.49 mi5, Morwick Close, Cramlington, Northumberland NE23 6UE3
£237.5K11/220.5 mi26, Mirlaw Road, Cramlington, Northumberland NE23 6TY3
£225K11/210.51 mi10, Waterbeck Close, Cramlington, Northumberland NE23 6LT3
£110K05/210.53 mi1, Barrasford Road, Cramlington, Northumberland NE23 6TD3

Local Rents

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

RentDateDistanceAddressBeds 
£87507/240.19 mi-3
£85006/240.19 miAlexandra Way, Cramlington, NE233
£87507/240.19 miAlexandra Way, Cramlington, NE233
£94010/240.28 mi-3
£80006/240.29 miChipchase Avenue, Cramlington, NE233
£92508/240.31 mi-3
£92507/240.31 miDoddington Drive, Cramlington, NE233
£80006/240.32 miChipchase Avenue, Cramlington3
£90005/240.4 miHarwood Close, Cramlington, Northumberland, NE23 6AW3
£90006/240.43 miSouth View Place, Cramlington, Northumberland, NE233
£1,09503/250.45 mi-3
£95002/250.49 mi-3
£85007/240.5 mi-3
£85007/240.5 miMonkside, Cramlington, NE233
£95002/250.55 mi-3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

0.71 miles away

Nearest school

0.10 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £105,000

November 5, 2024

Description

  • Mid Terraced House +
  • Three Bedrooms +
  • Downstairs Cloakroom +
  • Ideal Project Or Investment Opportunity +
  • Two Reception Rooms +
  • No Upper Chain +
  • Hall Close Estate +
  • Popular Residential Area +
  • Ample Storage Space +
  • *Freehold +

* MID TERRACED HOUSE - THREE BEDROOMS - NO UPPER CHAIN - *FREEHOLD - HALL CLOSE ESTATE - TWO RECEPTION ROOMS - GREAT PROJECT OPPORTUNITY - ENCLOSED REAR GARDEN *

Mike Rogerson Estate Agents are delighted to welcome to the market this mid terraced house located on the popular Akeld Close, Hall Close in Cramlington.

This contemporary family home provides spacious accommodation across two floors and is also offered with no upper chain.

Conveniently located for all the amenities that Cramlington has to offer including the popular Manor Walks Shopping Centre, leisure, medical facilities as well as schools and good access to road and bus links.

Cramlington is a popular town located within easy commuting distance of the Tyneside conurbation. The shopping offered in Cramlington is a large and varied, with national supermarkets and chain stores clustered around the Manor Walks Shopping development, which also features a cinema and a leisure centre. Cramlington was planned as a new town and features interconnected footpaths and cycle paths throughout, connecting the various estates and the multitude of green spaces. The town also boasts excellent schools including the excellent Cramlington Learning Village, doctors surgeries, sports clubs, public houses and restaurants. Cramlington is connected to Newcastle and beyond via the road network and Cramlington's own train station.

The property comprises; to the front elevation you enter into a spacious porch which then leads you into the spacious dining room which also provides direct access to the snug lounge and then to the kitchen which is fitted with a range of wall, drawer and base units. From the kitchen there is a hallway to the rear which provides the rear porch and a downstairs cloakroom within the property. Access to the first first floor is from the dining room. To the first floor are three bedrooms and a shower room comprising of a white suite with shower facilities.

To the rear of the property is a private and enclosed low maintenance garden.

*We have been advised that the property is Freehold, however we recommend confirmation is sought from your legal representative upon an offer being accepted.

EPC Rating C.

To arrange a viewing for this property then please contact the Cramlington branch on Option 1 or email for further information.

Agent Details

Mike Rogerson Estate Agents, Cramlington

01670 332963

Next Steps?

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