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

Sold Prices£35K - £365K
Sold Prices/m²£470/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£110,028
BMV10%

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

£4,612

ROI

16%

Gross Yield

11%

Local Sold Prices

50 sold prices from £35K to £365K, average is £85K. £470/m² to £3.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£70K07/220 mi18, Baker Gardens, Dunston, Gateshead, Tyne And Wear NE11 9HA3
£74K08/210.29 mi26, Renforth Street, Gateshead, Tyne And Wear NE11 9BE3
£85K10/200.3 mi79, Ravensworth Road, Gateshead, Tyne And Wear NE11 9AD3
£88K06/220.3 mi71, Ravensworth Road, Gateshead, Tyne And Wear NE11 9AD3
£57K06/210.3 mi71, Ravensworth Road, Gateshead, Tyne And Wear NE11 9AD3
£85K10/230.34 mi110, Haig Street, Gateshead, Tyne And Wear NE11 9BN3
£84K12/200.34 mi80, Haig Street, Gateshead, Tyne And Wear NE11 9BN3
£75K08/220.34 mi37, Ravensworth Road, Gateshead, Tyne And Wear NE11 9AB3
£85K09/210.53 mi9, Myrtle Avenue, Gateshead, Tyne And Wear NE11 9UD3
£100K11/220.57 mi14, Poplar Crescent, Dunston, Gateshead, Tyne And Wear NE11 9US3
£66.7K05/210.6 mi74, Oak Avenue, Gateshead, Tyne And Wear NE11 9UR3
£84K12/200.6 mi68, Oak Avenue, Gateshead, Tyne And Wear NE11 9UR3
£87K08/210.61 mi36, Oak Avenue, Gateshead, Tyne And Wear NE11 9UQ3
£80K06/210.61 mi27, Oak Avenue, Gateshead, Tyne And Wear NE11 9UQ3
£83K11/220.61 mi18, Oak Avenue, Gateshead, Tyne And Wear NE11 9UQ3
£77K10/231.21 mi31, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£60K06/231.28 mi153, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AJ3
£85K02/231.3 mi163, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AB3
£58.3K10/201.31 mi34, Bensham Avenue, Gateshead, Tyne And Wear NE8 1XT3
£90K09/221.31 mi19, Bishops Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 5NJ3
£170K09/211.37 mi12, St Marys Green, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4DN3
£35K02/211.38 mi122, Colston Street, Newcastle Upon Tyne, Tyne And Wear NE4 8UN3
£65K03/211.39 mi85, Park Terrace, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3BU3
£92.5K09/231.4 mi219, Wingrove Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9AB3
£124.5K05/221.43 mi95, Napier Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3BT3
£60K02/231.45 mi52, Axwell Terrace, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3JS3
£75K12/221.45 mi32, Crowley Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3HE3
£126.5K11/221.47 mi20b, Clayton Street West, Newcastle Upon Tyne, Tyne And Wear NE1 5BX3
£81K12/221.47 mi13, Maxwell Street, Gateshead, Tyne And Wear NE8 4TX3
£220K04/211.48 miApartment 134, Hanover Mill, Hanover Street, Newcastle Upon Tyne, Tyne And Wear NE1 3AD3
£58K03/221.48 mi67, Ridley Gardens, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3HT3
£105.5K12/221.5 mi61, West Road, Newcastle Upon Tyne, Tyne And Wear NE4 9PX3
£128K06/211.57 mi18, Spring Garden Lane, Newcastle Upon Tyne, Tyne And Wear NE4 5TD3
£106K09/231.6 mi318, Rectory Road, Gateshead, Tyne And Wear NE8 4RP3
£105K04/211.6 mi228, Rectory Road, Gateshead, Tyne And Wear NE8 4RP3
£95K10/201.61 mi329, Rectory Road, Gateshead, Tyne And Wear NE8 4RS3
£87.5K06/231.63 mi25, Eastbourne Avenue, Gateshead, Tyne And Wear NE8 4NH3
£75K12/201.68 mi207, Westbourne Avenue, Gateshead, Tyne And Wear NE8 4NR3
£133.5K04/211.69 mi4, Eastbourne Avenue, Gateshead, Tyne And Wear NE8 4NH3
£62.5K02/211.71 mi36, Brinkburn Avenue, Gateshead, Tyne And Wear NE8 4JT3
£85K11/211.72 mi165, Eastbourne Avenue, Gateshead, Tyne And Wear NE8 4NL3
£87K10/201.73 mi191, Rodsley Avenue, Gateshead, Tyne And Wear NE8 4LB3
£145K07/231.74 mi44, Exeter Street, Gateshead, Tyne And Wear NE8 4EY3
£185.5K12/221.74 mi52, Exeter Street, Gateshead, Tyne And Wear NE8 4EY3
£95K02/211.74 mi28, Exeter Street, Gateshead, Tyne And Wear NE8 4EY3
£75K11/221.75 mi10, Greywood Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9PA3
£159.9K10/231.79 mi184, Brinkburn Avenue, Gateshead, Tyne And Wear NE8 4JX3
£165K06/231.84 mi94, Avenue Road, Gateshead, Tyne And Wear NE8 4JE3
£140K01/231.84 mi54, The Chare, Newcastle Upon Tyne, Tyne And Wear NE1 4DD3
£365K07/231.88 miP17, 55 Degrees North, Pilgrim Street, Newcastle Upon Tyne, Tyne And Wear NE1 6BJ3

Local Rents

11 rents from £895/mo to £1.1K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99504/240.15 mi-3
£90003/250.22 mi-3
£99506/240.23 miBittern Close, Dunston, NE113
£89512/240.25 miBittern Close, Gateshead, Tyne and Wear, NE11 9FG3
£95005/240.34 mi-3
£1,10002/250.34 mi-3
£99506/240.43 mi 10 Pacha Way, , Gateshead, , Tyne and Wear3
£89506/240.43 mi-3
£1,10006/240.46 miTrinity Courtyard, The Staiths, Gateshead, NE83
£90007/240.61 miMay Courtyard, Shrove Pass, Gateshead, NE83
£1,00007/240.62 miNorthside, The Staithes, Dunston3

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

  • Three Bedrooms +

  • First Floor +

  • Beautifully Renovated +

  • Modern Kitchen +

  • Stylish Bathroom +

  • Rear Yard +

  • Council Tax Band A +

  • EPC Rating C +

Set on a pedestrianised frontage, this three bedroom FIRST FLOOR flat has been renovated by the current owners to provide BEAUTIFUL LIVING SPACE. Offering a MODERN FITTED KITCHEN, spacious lounge with bay window, three well-proportioned bedrooms and a STYLISH BATHROOM. The property further benefits from having its own yard to the rear aspect and a lawned garden to the front. Proposing an ideal first time buy or investment opportunity.

Agent Details

Sarah Mains Residential Sales and Lettings, Whickham

0191 625 1022

Next Steps?

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