3 Bed Flat, Single Let, Gateshead, NE11 9HA, £100,000
Baker Gardens, Dunston, NE11 9HA - 3 views - 3 months ago
Sold STC
Leasehold
BTL
ROI: 16%
~93 m²





+6 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £25,000 |
Stamp Duty & Legal Fees | £4,200 |
Total Cash In | £29,200 |
| |
Cash Out | |
Rent Range | £895 - £1,100 |
Rent Estimate | £896 |
Running Costs/mo | £512 |
Cashflow/mo | £384 |
Cashflow/yr | £4,608 |
ROI | 16% |
Gross Yield | 11% |
Local Rents
11 rents from £895/mo to £1.1K/mo, average is £995/mo.
Local Area Statistics
Population in NE11 | 16,348 |
Population in Gateshead | 122,353 |
Town centre distance | 2.61 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.44 miles away |
| |
Rental growth (12m) | +34% |
Sales demand | Seller's market |
Capital growth (5yrs) | +30% |
Property History
Listed for £100,000
December 9, 2024
Description
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