3 Bed Terraced House, Single Let, Cramlington, NE23 8BT, £180,000

Gullane Close, The Fairways, Cramlington, NE23 8BT - 4 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£89.3K - £395K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£164,538

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£850 - £1,200

Rent Estimate

£996

Running Costs/mo

£782

Cashflow/mo

£214

Cashflow/yr

£2,572

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £89.3K to £395K, average is £152K. £1.1K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£130K02/210.68 mi6, Selborne Close, Cramlington, Northumberland NE23 8HL3
£125K03/210.71 mi78, Sudbury Way, Cramlington, Northumberland NE23 8HH3
£136K06/230.72 mi32, Shiel Gardens, Cramlington, Northumberland NE23 8HJ3
£140K11/230.75 mi26, Southwold Place, Cramlington, Northumberland NE23 8HE3
£131K12/230.79 mi7, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£152K10/230.79 mi23, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£155K01/240.8 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£155K01/240.8 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£125K02/230.85 mi31, Langdale Drive, Cramlington, Northumberland NE23 8EE3
£115K09/210.87 mi1, Lytham Close, Cramlington, Northumberland NE23 8EB3
£89.3K11/200.87 mi3, Lytham Close, Cramlington, Northumberland NE23 8EB3
£190K03/230.88 mi32, Lindsey Close, Cramlington, Northumberland NE23 8EJ3
£135K08/240.88 mi9, Ladykirk Way, Cramlington, Northumberland NE23 8DU3
£125K08/230.9 mi23, Lochcraig Place, Cramlington, Northumberland NE23 8DB3
£96.5K11/200.97 mi41, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£90.5K06/210.97 mi33, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£192.5K05/211 mi111, Langdale Drive, Cramlington, Northumberland NE23 8EW3
£108K04/231.02 mi40, Longridge Way, Cramlington, Northumberland NE23 8DQ3
£175K09/231.02 mi99, Langdale Drive, Cramlington, Northumberland NE23 8EN3
£115.5K10/201.04 mi65, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EY3
£125K08/231.09 mi95, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EZ3
£140K12/221.09 mi39, Blagdon Crescent, Nelson Village, Cramlington, Northumberland NE23 1HJ3
£162.5K07/231.09 mi11, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EX3
£237.5K11/221.23 mi26, Mirlaw Road, Cramlington, Northumberland NE23 6TY3
£205K08/211.26 mi5, Morwick Close, Cramlington, Northumberland NE23 6UE3
£238.5K12/221.33 mi3, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£180K12/221.33 mi25, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£135K01/211.38 mi38, Highburn, Cramlington, Northumberland NE23 6BG3
£168K04/211.38 mi7, Hareside, Cramlington, Northumberland NE23 6BH3
£142K06/211.38 mi9, Herdlaw, Cramlington, Northumberland NE23 6AH3
£182K05/241.38 mi8, Herdlaw, Cramlington, Northumberland NE23 6AH3
£192.5K02/231.39 mi1, Hareside, Cramlington, Northumberland NE23 6BH3
£120K11/211.42 mi39, Sunnyside, Cramlington, Northumberland NE23 6UU3
£370K06/211.44 mi9, Ripley Drive, Cramlington, Northumberland NE23 7XA3
£145K06/211.45 mi15, Harnham Grove, Cramlington, Northumberland NE23 6AG3
£225K02/211.47 mi27, Harnham Grove, Cramlington, Northumberland NE23 6AQ3
£177K05/211.48 mi79, Highburn, Cramlington, Northumberland NE23 6BA3
£275K10/221.54 mi2, The Willows, Seaton Burn, Newcastle Upon Tyne, Tyne And Wear NE13 6BN3
£215K07/241.56 mi15, Newlyn Drive, Cramlington, Northumberland NE23 1RL3
£395K09/231.56 mi46, Richmond Way, Cramlington, Northumberland NE23 7XE3
£116K03/241.58 mi43, Alexandra Way, Cramlington, Northumberland NE23 6EA3
£160K10/201.59 mi13, West Farm Court, Cramlington, Northumberland NE23 1AX3
£192K10/231.59 mi18, West Farm Court, Cramlington, Northumberland NE23 1AX3
£140K08/241.59 mi1, Thorntree Avenue, Seaton Burn, Newcastle Upon Tyne, Tyne And Wear NE13 6EU3
£138K05/231.59 mi39, Newlyn Drive, Cramlington, Northumberland NE23 1RH3
£211K01/241.59 mi12, Debdon Place, Cramlington, Northumberland NE23 6DH3
£125K11/221.61 mi23, Falmouth Walk, Cramlington, Northumberland NE23 1RU3
£115K04/231.63 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£180K08/231.63 mi12, Nairn Road, Cramlington, Northumberland NE23 1RQ3
£180K04/211.63 mi22, Northolt Avenue, Cramlington, Northumberland NE23 1RJ3
£245K09/231.63 mi13, Northolt Avenue, Parkside Chase, Cramlington, Northumberland NE23 1RJ3

Local Rents

19 rents from £850/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85005/240.08 mi-3
£1,00007/240.23 miLittlestone Wynd, The Fairways, Cramlington, Newcastle Upon Tyne, NE233
£1,20005/240.35 miLavender Way, West Meadows, Cramlington3
£1,10007/240.4 miHolly Way, West Meadows, Cramlington, NE233
£1,20007/240.4 miElder Drive, West Meadows, Cramlington, NE233
£1,20006/240.45 mi3 bedroom Terraced House in Lavender Way, Cramlington3
£1,20007/240.45 mi3 bedroom End of Terrace House in Clematis Court, Cramlington3
£99505/240.47 miLavender Way, Cramlington3
£1,20005/240.5 miLavender Way, West Meadows, Cramlington3
£1,02505/240.5 miClematis Court, West Meadows, Cramlington3
£1,05005/240.5 miClematis Court, West Meadows, Cramlington3
£1,05005/240.5 miClematis Court, West Meadows, Cramlington3
£1,05005/240.5 miClematis Court, West Meadows, Cramlington3
£1,05005/240.5 miClematis Court, West Meadows, Cramlington3
£1,02505/240.5 miClematis Court, Cramlington3
£1,00006/240.5 miClematis Court, West Meadows, Cramlington3
£99507/240.5 miBluebell Close, West Meadows, Cramlington3
£1,20007/240.5 miClematis Court, West Meadows, Cramlington3
£1,20007/240.5 miLavender Way, West Meadows, Cramlington3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

1.35 miles away

Nearest school

0.80 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £180,000

December 18, 2024

Floor Plans

Description

  • THREE BEDROOM +
  • THREE STOREY +
  • WEST-FACING GARDENS +
  • TERRACED HOUSE +
  • IDEAL FIRST-TIME BUY +
  • OFF-STREET PARKING +

PERFECT FIRST-TIME BUY – WEST-FACING GARDEN – SOUGHT AFTER LOCATION
Brunton Residential are delighted to offer for sale this three-bedroom, terraced house on The Fairways in Cramlington. Spread across three floors, this property provides plenty space and is an ideal first-time buy.

Accommodations briefly comprises of an entrance porch leading into the lounge. There is a hallway from the lounge leading to the downstairs WC and the kitchen. The lounge is a fantastic space, ideal for relaxing or entertaining. The kitchen is also a great space with stylish wall and floor units, ample storage and surface space and space for appliances. There is also an area where you could utilise it as a dining area.
To the first floor, you find the second and third bedrooms as well as the family bathroom. These two double bedrooms are both brilliant sizes and can accommodate all needs. The large family bathroom provides a stylish shower/bath, WC and basin. To the second floor, you will find the spacious master bedroom which is the full length of the property and has two great sized built-in cupboards. This room provides the perfect space to suit all needs.
Externally, this property provides a lovely west-facing rear garden that is made up of a combination of decking and paving. To the front, the property provides some off-street parking.

On The Ground Floor -

Porch -

Lounge - 4.57m x 3.67m (15'0" x 12'0") - Measurements taken at widest points.

Wc -

Kitchen - 3.07m x 3.67m (10'1" x 12'0") - Measurements taken at widest points.

On The First Floor -

Bedroom 1 - 3.32m x 3.69m (10'11" x 12'1") - Measurements taken at widest points.

Bedroom 2 - 2.77m x 3.67m (9'1" x 12'0") - Measurements taken at widest points.

Bathroom - 2.43m x 1.74m (8'0" x 5'9") - Measurements taken at widest points.

On The Second Floor -

Main Bedroom - 8.72m x 3.67m (28'7" x 12'0") - Measurements taken at widest points.

Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

Brunton Residential, Great Park

0191 743 2984

Next Steps?

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