2 Bed Flat, Single Let, Hebburn, NE31 2YN, £79,000

Bonnar Court, Hebburn, NE31 2YN - 5 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£42K - £110K
Sold Prices/m²£443/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£70,949

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,750

Stamp Duty & Legal Fees

£5,150

Total Cash In

£24,900

 

 

Cash Out

 

Rent Range

£500 - £925

Rent Estimate

£553

Running Costs/mo

£377

Cashflow/mo

£176

Cashflow/yr

£2,106

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £42K to £110K, average is £69K. £443/m² to £1.9K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£90K11/230 mi4, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K09/230 mi22, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£85K07/230 mi26, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£91K01/230.06 mi9, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£81K10/230.21 mi77, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£45.5K04/230.21 mi54, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£65K03/210.21 mi80, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£43K01/230.22 mi13, Red House Road, Hebburn, Tyne And Wear NE31 2XF2
£49K09/210.22 mi31, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2
£58.5K09/220.22 mi33, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2
£62K01/230.23 mi64, Frobisher Street, Hebburn, Tyne And Wear NE31 2XE2
£50K01/210.24 mi85, Howe Street, Hebburn, Tyne And Wear NE31 2XH2
£66.5K02/240.28 mi71, Red House Road, Hebburn, Tyne And Wear NE31 2XG2
£61.5K01/230.29 mi87, Collingwood Street, Hebburn, Tyne And Wear NE31 2XW2
£76.5K06/230.31 mi43, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£71K06/230.31 mi47, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£71K09/230.31 mi64, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£61K09/220.32 mi67, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£62.5K09/210.34 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£63.5K08/210.34 mi295, Albert Road, Jarrow, Tyne And Wear NE32 5JU2
£69K01/210.36 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£50K01/210.37 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£68K07/230.38 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£65K11/220.38 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£68K03/220.4 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K04/230.41 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£77.5K03/230.41 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£61K02/210.41 mi216, Albert Road, Jarrow, Tyne And Wear NE32 5JA2
£72K11/220.43 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£74K03/230.43 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£42K10/200.46 mi23, Tweed Street, Hebburn, Tyne And Wear NE31 1XP2
£60K01/210.47 mi19, Station Road, Hebburn, Tyne And Wear NE31 1LA2
£82.5K04/220.5 mi5, May Close, Hebburn, Tyne And Wear NE31 1FD2
£81K09/210.51 mi79, Wansbeck Road, Jarrow, Tyne And Wear NE32 5SS2
£83K04/220.51 mi72, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£86K12/220.51 mi86, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£85K04/240.51 mi70, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£80K03/230.51 mi5, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£69K11/220.51 mi27, Victoria Road West, Hebburn, Tyne And Wear NE31 1UZ2
£78K10/200.51 mi37, Wellington Street, Hebburn, Tyne And Wear NE31 2UQ2
£75K03/210.51 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.51 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£51.5K12/200.55 mi12, Marlborough Court, Jarrow, Tyne And Wear NE32 5RB2
£80K12/230.56 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£100K07/240.56 mi15, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£87.5K03/230.56 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£90K10/200.57 mi3, Wellesley Street, Jarrow, Tyne And Wear NE32 5PJ2
£110K09/230.57 mi4, Wellesley Street, Jarrow, Tyne And Wear NE32 5PJ2
£68.8K07/230.59 mi155, Finchale Road, Hebburn, Tyne And Wear NE31 2BW2
£68K05/220.61 mi171, Albert Road, Jarrow, Tyne And Wear NE32 5AF2

Local Rents

29 rents from £500/mo to £925/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£50009/230.01 mi-2
£77505/240.07 miPalmer Crescent, Hebburn, Tyne & Wear2
£75006/240.17 miJervis Street, Hebburn2
£69506/240.2 miWindsor Crescent, Hebburn2
£60006/240.22 miFrobisher Street, Hebburn, NE312
£59505/240.22 mi-2
£57503/240.25 mi-2
£80006/240.28 miAdair Way, Hebburn, Tyne and Wear, NE312
£80007/240.28 miAdair Way, Hebburn, Tyne and Wear, NE312
£62503/240.29 mi-2
£59505/240.31 mi-2
£55002/240.31 mi-2
£59502/250.31 mi-2
£67502/250.41 mi-2
£79507/240.41 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£62507/240.42 miTweed Street, Hebburn, Tyne and Wear, NE312
£65006/240.45 miWhickham Road, Hebburn, South Tyneside2
£72505/240.45 miElm Street, Jarrow, Tyne and Wear, NE32 5JD2
£72504/250.46 mi-2
£72506/240.46 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£65005/240.47 mi-2
£59504/250.48 mi-2
£92505/240.5 mi-2
£92505/240.5 mi-2
£62507/240.51 mi-2
£62506/240.51 miVictoria Road West, Hebburn, NE312
£57505/240.51 miWansbeck Road, Jarrow, Tyne and Wear, NE32 5SS2
£60004/240.51 mi-2
£57505/240.51 miVictoria Road West, Hebburn, Tyne And Wear, NE312

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Price changed to £79,000

February 24, 2025

Listed for £100,000

November 12, 2024

Floor Plans

Description

  • Private front entrance +
  • Spacious open plan lounge +
  • Allocated parking space +
  • Master bedroom with en-suite +
  • Two bedrooms +
  • Ground floor flat +

This well presented ground floor flat has two bedrooms and is located in Bonnar Court in Hebburn.  The property has an intercom security system and a private front entrance to the flat from the front and a communal entrance to the rear.  Internally this spacious two bedroom flat benefits from gas radiator heating and double glazing and has an en-suite to the main bedroom.  There is a good size lounge that is open to the kitchen area with fitted cooking appliances.  Externally there is an allocated parking space.  Front lobby - radiator and double glazed window to the front. Lounge/kitchen - 27'8 x 14'1  Two double glazed windows to the front, radiator, television point, cupboard, matching wall and base units with work surfaces over, splash back tiles, double glazed window to the front, stainless steel sink with a mixer tap and drainer, plumbing for a washing machine, fitted gas hob, oven below and a stainless steel extractor hood over. Inner hall - Cupboard, radiator, and an intercom system. Bathroom/wc - Comprising a three piece white coloured bathroom suite with a low level wc, pedestal hand wash basin, bath, part tiled walls, and a heated towel rail. Bedroom - 11'4 x 11'2 Double glazed window to the rear and a radiator. En-suite - Comprising a pedestal hand wash basin, low level wc, shower cubicle, part tiled walls, extractor fan, heated towel rail, and a shaver point. Bedroom - 7'8 x 8'7 Double glazed window to the rear and a radiator. Externally there are communal lawned areas and allocated parking in the rear courtyard.  A private front entrance to the flat. Leasehold - 130 years remaining Council Tax Band - A EPC - C

Yopa for themselves and for the vendors or lessors of this property, whose agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only, and do not constitute part or all of an offer or contract. The indicated measurements are supplied for guidance only and must be considered incorrect. Potential buyers are advised to recheck the measurements before committing to any expense. Yopa has not tested any apparatus, equipment, fixtures, fittings, or services and it is the buyer’s interest to check the working condition of any appliances. Yopa has not sought to verify the property's legal title, and the buyers must obtain verification from their solicitor. No persons in the employment of Yopa have any authority to make or give any representation or warranty whatever in relation to this property.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, Scotland & The North

0161 524 0574

Next Steps?

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