2 Bed Semi-Detached House, Single Let, Gateshead, NE11 9ES, £135,000

Rendel Street, Dunston, NE11 9ES - 3 months ago

BTL
ROI: 2%
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£67.5K - £317K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£116,628

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£590 - £1,100

Rent Estimate

£622

Running Costs/mo

£566

Cashflow/mo

£56

Cashflow/yr

£669

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £67.5K to £317K, average is £125K. £1K/m² to £3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£89K11/200.04 mi30, Fowler Gardens, Gateshead, Tyne And Wear NE11 9EY2
£71K12/200.04 mi28, Kelvin Gardens, Gateshead, Tyne And Wear NE11 9EX2
£96K12/200.05 mi22, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£80K02/210.05 mi34, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£91.5K03/230.05 mi12, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£90K05/230.05 mi4, Tyndal Gardens, Gateshead, Tyne And Wear NE11 9EU2
£95K02/210.05 mi59, Ross Avenue, Gateshead, Tyne And Wear NE11 9EQ2
£67.5K08/240.08 mi63a, Wellington Road, Gateshead, Tyne And Wear NE11 9HD2
£128.5K12/200.09 mi73, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£145K07/230.09 mi41, Dunston Road, Gateshead, Tyne And Wear NE11 9EH2
£108K10/230.09 mi66, Wellington Road, Gateshead, Tyne And Wear NE11 9HE2
£277.5K09/210.14 mi21, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£95K11/210.16 mi10, Wellington Road, Gateshead, Tyne And Wear NE11 9HB2
£85.5K08/230.18 mi78, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£75K07/230.18 mi111, Meadow Lane, Gateshead, Tyne And Wear NE11 9PP2
£133K06/230.18 mi8, Meadow Lane, Gateshead, Tyne And Wear NE11 9PN2
£92.5K05/210.22 mi11, Victoria Street, Gateshead, Tyne And Wear NE11 9AX2
£100K09/230.22 mi3, Wallace Street, Gateshead, Tyne And Wear NE11 9AY2
£92.5K11/210.23 mi34, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£145K03/240.23 mi24, Spoor Street, Gateshead, Tyne And Wear NE11 9BD2
£150K07/240.24 mi35, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FF2
£122K12/200.25 mi26, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FG2
£110K09/200.3 mi133, Beech Drive, Gateshead, Tyne And Wear NE11 9PE2
£152K01/230.31 mi12, Ash Grove, Gateshead, Tyne And Wear NE11 9PJ2
£135K06/240.32 mi19, Cormorant Drive, Gateshead, Tyne And Wear NE11 9LF2
£165K11/230.37 mi14, Grace Street, Gateshead, Tyne And Wear NE11 9NT2
£125K01/210.37 mi1, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS2
£95K11/220.37 mi6, Gunn Street, Gateshead, Tyne And Wear NE11 9NU2
£95K10/210.37 mi9, Hawthorn Drive, Gateshead, Tyne And Wear NE11 9PG2
£150K04/230.39 mi36, Wood Street, Gateshead, Tyne And Wear NE11 9NP2
£142.5K07/210.45 mi42, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ2
£150K03/240.48 mi15, Market Lane, Gateshead, Tyne And Wear NE11 9NX2
£85K02/230.5 mi46, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£95K09/230.5 mi30, Market Lane, Gateshead, Tyne And Wear NE11 9NY2
£112.5K12/200.52 mi18, Rochester Gardens, Gateshead, Tyne And Wear NE11 9TH2
£125K01/210.59 mi1, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£137K11/210.59 mi2, Maple Avenue, Gateshead, Tyne And Wear NE11 9XJ2
£265K11/220.6 mi84, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD2
£160K06/230.6 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£160K06/230.6 mi3, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£167.5K10/230.6 mi14, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH2
£145.3K11/200.61 mi45, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH2
£118K03/210.62 mi10, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£147K02/240.62 mi8, Valley Drive, Dunston, Gateshead, Tyne And Wear NE11 9XD2
£152K06/210.62 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£130K06/210.62 mi29, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£190K10/230.62 mi8, Mount Grove, Gateshead, Tyne And Wear NE11 9XB2
£185K09/230.64 mi15, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£300K02/220.64 mi54, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE2
£317K09/220.66 mi12, Park Avenue, Gateshead, Tyne And Wear NE11 9QE2
£117K02/210.67 mi43, Douglas Gardens, Gateshead, Tyne And Wear NE11 9RA2

Local Rents

37 rents from £590/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69506/240.13 miDunston Road, Duston, Gateshead, Tyne and Wear, NE112
£59012/230.21 mi-2
£85001/250.21 mi-2
£79505/240.24 miBittern Close, Dunston, Gateshead, Tyne & Wear, NE112
£79512/240.24 miBittern Close, Dunston, NE112
£66002/250.24 mi-2
£72505/240.24 miBittern Close, Gateshead, NE112
£80001/250.25 mi-2
£65002/240.26 mi-2
£62506/240.29 miHaig Street, Dunston, Gateshead, Tyne & Wear, NE112
£75005/240.29 mi-2
£85007/240.33 miCormorant Drive, Gateshead, NE112
£85007/240.33 mi-2
£80007/240.33 mi-2
£59506/240.34 mi-2
£60002/250.36 mi-2
£70008/240.38 mi-2
£85006/240.38 mi-2
£85007/240.38 mi-2
£82508/240.38 mi-2
£85007/240.38 miPalatine Place, Gateshead, NE112
£85007/240.38 miPalatine Place, Gateshead, NE112
£85007/240.38 miPalatine Place, Gateshead, NE112
£62502/250.39 mi-2
£60001/240.39 mi-2
£60001/240.39 mi-2
£67503/250.39 mi-2
£85007/240.39 miPalatine Place, Gateshead, Tyne and Wear, NE112
£75005/240.4 mi-2
£85007/240.41 miBede Courtyard, Gateshead2
£1,10007/240.43 miSeasons Courtyard, Michaelmas Street, Staithes Southbank2
£67507/240.49 miDunston, Gateshead, NE112
£65005/240.49 mi-2
£67507/240.49 mi-2
£70002/250.49 mi-2
£69506/240.51 miHolly Avenue, Dunston, NE112
£81012/230.6 mi-2

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £135,000

December 10, 2024

Sold for £82,000

2011

Description

  • Two Double Bedrooms +

  • Fitted Dining Kitchen +

  • Two Bathrooms +

  • Off Street Parking +

  • Well Tended Gardens +

  • Council Tax Band A +

  • EPC Rating TBC +

BEAUTIFULLY PRESENTED home appealing to first time buyers, investors and those simply seeking to down-size. The living space includes a lounge, FITTED DINING KITCHEN, two double bedrooms and TWO BATHROOMS. Externally, the property continues to impress with its well tended gardens and OFF STREET PARKING. Ideally situated for access to local shopping facilities and amenities as well as for access to transport routes and services. Offered for sale with NO ONWARD CHAIN.

Agent Details

Sarah Mains Residential Sales and Lettings, Whickham

0191 625 1022

Next Steps?

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