2 Bed Terraced House, Single Let, Hebburn, NE31 1FD, £82,000

May Close, Hebburn, NE31 1FD - 5 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£58K - £265K
Sold Prices/m²£649/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£100,040
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,500

Stamp Duty & Legal Fees

£5,300

Total Cash In

£25,800

 

 

Cash Out

 

Rent Range

£500 - £1,800

Rent Estimate

£575

Running Costs/mo

£391

Cashflow/mo

£184

Cashflow/yr

£2,205

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £58K to £265K, average is £117.5K. £649/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£122.6K06/230.07 mi25, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PP2
£130K11/220.07 mi13, Rede Avenue, Hebburn, Tyne And Wear NE31 1QT2
£133K11/210.21 mi21, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£160K12/230.21 mi44, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£133K11/200.21 mi16, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£124K04/210.21 mi6, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£180K06/230.23 mi63, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£265K02/240.23 mi73, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£95K04/210.27 mi56, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND2
£130K05/230.27 mi56, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW2
£70K02/210.29 mi18, Shakespeare Avenue, Hebburn, Tyne And Wear NE31 1PT2
£130.3K11/230.29 mi39, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£67.5K02/210.3 mi99, Tennant Street, Hebburn, Tyne And Wear NE31 1LN2
£70K02/230.3 mi116, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£75K03/240.3 mi98, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HA2
£118K10/220.31 mi65, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£115K06/230.31 mi11, Wordsworth Avenue, Hebburn, Tyne And Wear NE31 1QE2
£70K04/230.31 mi14, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB2
£117K10/220.31 mi118, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£130K09/230.34 mi1, Graham Road, Hebburn, Tyne And Wear NE31 1NA2
£81K02/210.35 mi30, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£125K03/240.36 mi39, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£102.5K07/210.36 mi18, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£124K06/230.36 mi60, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£58K01/210.37 mi13, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£185K05/210.37 mi35, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YN2
£103.1K05/210.41 mi3, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT2
£85K07/210.41 mi4a, Parliament Street, Hebburn, Tyne And Wear NE31 1ED2
£88K09/210.41 mi16, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£90K01/240.41 mi58, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K10/200.41 mi50, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£118K08/240.42 mi70, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£122.5K06/240.42 mi88, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£120K02/230.42 mi71, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£127K10/230.44 mi26, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£160K12/230.44 mi1, Garden Drive, Hebburn, Tyne And Wear NE31 1LU2
£127.5K07/240.45 mi60, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£130K06/240.45 mi56, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£113K09/210.46 mi61, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£93K05/240.46 mi39, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£115K12/200.47 mi22, Montrose Crescent, Hebburn, Tyne And Wear NE31 1TF2
£108K02/210.48 mi19, Pinewood, Hebburn, Tyne And Wear NE31 1YP2
£140K10/210.48 mi12, North Drive, Hebburn, Tyne And Wear NE31 1ER2
£135K05/210.49 mi168, Ellison Street, Hebburn, Tyne And Wear NE31 1BW2
£108K06/210.52 mi2, Kipling Avenue, Hebburn, Tyne And Wear NE31 1JF2
£100K10/220.53 mi13, Lake View, Hebburn, Tyne And Wear NE31 2NX2
£116K07/210.55 mi48, Windsor Crescent, Hebburn, Tyne And Wear NE31 1JQ2
£96K04/240.55 mi16, Windsor Crescent, Hebburn, Tyne And Wear NE31 1JQ2
£140K07/240.58 mi111, Toner Avenue, Hebburn, Tyne And Wear NE31 2QS2
£105K08/230.61 mi31, Black Road, Hebburn, Tyne And Wear NE31 1HY2

Local Rents

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

RentDateDistanceAddressBeds 
£65006/240.11 miWhickham Road, Hebburn, South Tyneside2
£65005/240.11 mi-2
£62507/240.13 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.17 mi-2
£72506/240.21 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£60004/240.22 mi-2
£62507/240.22 mi-2
£62506/240.22 miVictoria Road West, Hebburn, NE312
£57505/240.22 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£79507/240.24 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£75007/240.26 mi-2
£53005/240.32 miVictoria Street, Hebburn2
£55005/240.35 miAshwood Croft, Hebburn2
£70006/240.35 miChurch Street, Hebburn2
£65003/250.37 mi-2
£65007/240.41 miAnn Street, Hebburn, NE312
£69505/240.42 mi-2
£75007/240.44 miAgincourt, Hebburn, Tyne and Wear, NE312
£65005/240.44 miHazelmoor, Hebburn2
£55005/240.46 miAgincourt, Hebburn2
£67505/240.46 mi-2
£1,80003/250.47 mi-2
£50009/230.5 mi-2
£69506/240.55 miWindsor Crescent, Hebburn2
£85006/240.57 miToner Avenue, Hebburn2
£77505/240.57 miPalmer Crescent, Hebburn, Tyne & Wear2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Price changed to £82,000

March 24, 2025

Price changed to £84,000

March 12, 2025

Price changed to £76,000

March 4, 2025

Price changed to £78,000

February 4, 2025

Price changed to £80,000

January 19, 2025

Price changed to £82,000

January 11, 2025

Price changed to £77,500

December 20, 2024

Price changed to £79,500

December 17, 2024

Listed for £81,500

November 12, 2024

Floor Plans

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Ensuite +
  • Private Parking Available +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom Mid-Terrace house located in Hebburn. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, an ensuite, a separate bathroom, a lounge, and a kitchen.

Investment details

It currently produces an annual gross income of £6,900 which the new owner could increase to a market rate of £8,388 with long-term tenants presently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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