2 Bed Semi-Detached House, Single Let, Cramlington, NE23 7LE, £150,000

Kirklands, Burradon, NE23 7LE - 2 views - 4 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£67K - £278.4K
Sold Prices/m²£882/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£120,196

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£625 - £3,900

Rent Estimate

£661

Running Costs/mo

£621

Cashflow/mo

£40

Cashflow/yr

£481

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £67K to £278.4K, average is £120K. £882/m² to £3.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£90K07/210.04 mi17, Eastwood Close, Burradon, Cramlington, Tyne And Wear NE23 7LF2
£145K03/240.04 mi43, Kirklands, Burradon, Cramlington, Tyne And Wear NE23 7LE2
£115K11/200.15 mi132, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£134.9K12/210.15 mi100, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£138K05/230.15 mi104, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£159.9K08/230.15 mi72, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£155K01/240.15 mi136, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£138K11/230.15 mi108, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£140K11/220.16 mi2, Stagshaw, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BN2
£100K03/240.16 mi14, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NE2
£108K04/240.16 mi11, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NE2
£67K12/200.16 mi5, Kirkwood, Burradon, Cramlington, Tyne And Wear NE23 7PF2
£145K06/240.17 mi118, Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XN2
£145K12/220.18 mi173, Allanville, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XX2
£115K07/230.2 mi15, Thompson Avenue, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XY2
£120K04/210.2 mi218, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BD2
£140K07/230.2 mi176, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BD2
£112K02/210.2 mi109, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BA2
£77.5K06/210.22 mi39, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NG2
£120K08/230.24 mi38, Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XJ2
£120K08/230.24 mi38, Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XJ2
£125K12/230.24 mi70, Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XJ2
£226K12/230.25 mi14, Longhirst, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BG2
£110K11/230.28 mi19, Means Drive, Burradon, Cramlington, Tyne And Wear NE23 7NP2
£82.5K02/210.3 mi55, Station Road, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UY2
£84K03/210.32 mi3, Means Drive, Burradon, Cramlington, Tyne And Wear NE23 7NW2
£75K11/200.32 mi34, Station Road, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UX2
£92K05/210.32 mi36, Station Road, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UX2
£87K08/230.32 mi14, Station Road, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UX2
£196K07/210.34 mi4, Callerton, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BE2
£69K12/200.34 mi9, Atkin Street, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UZ2
£74K12/200.34 mi11, Atkin Street, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UZ2
£103K06/230.34 mi1, Atkin Street, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UZ2
£142K03/240.45 mi41, Mount Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GE2
£118K01/230.58 mi19, West Mount, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6FR2
£140K08/240.63 mi41, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£105K07/210.63 mi7, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£120K08/210.63 mi41, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£110K07/210.63 mi2, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£117K08/210.63 mi42, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£147K08/240.63 mi3, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£160K03/210.66 mi11, Knivestone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6ST2
£165K07/230.66 mi12, Knivestone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6ST2
£126.5K02/230.76 mi60, Garth Twentytwo, Newcastle Upon Tyne, Tyne And Wear NE12 6LG2
£205K09/210.76 mi23, Megstone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6SY2
£278.4K01/240.76 mi2, Crumstone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6SZ2
£150K02/230.76 mi2, Broomlee Road, Newcastle Upon Tyne, Tyne And Wear NE12 6YJ2
£85K02/210.78 mi8, Eastwood Close, Burradon, Cramlington, Tyne And Wear NE23 7LF2
£114K01/210.79 mi64, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HG2
£145K01/210.79 mi18, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HF2

Local Rents

22 rents from £625/mo to £3.9K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£80007/240.2 miGreenhills, Killingworth, Newcastle Upon Tyne, NE122
£70005/240.2 mi-2
£69512/240.27 mi-2
£79507/240.45 miGarth Sixteen, Killingworth, Newcastle Upon Tyne, NE122
£79507/240.45 mi-2
£94910/240.46 mi-2
£94904/250.46 mi-2
£97507/240.65 miCygnet Park, Killingworth, NE12 5AS2
£98512/240.65 miPinetree Avenue, Killingworth, NE122
£3,90004/250.69 mi-2
£65011/230.7 mi-2
£65009/240.7 mi-2
£75006/240.94 mi-2
£75006/240.94 mi-2
£75012/231.11 mi-2
£75005/241.16 mi-2
£78003/241.22 mi-2
£78005/241.22 miHawks Edge, West Moor, Newcastle Upon Tyne, NE122
£75005/241.22 mi-2
£62502/251.23 mi-2
£78005/241.24 miWest Moor, Newcastle Upon Tyne, NE122
£78003/241.24 mi-2

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

3.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.83 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £150,000

January 2, 2025

Sold for £120,000

2020

Sold for £102,000

2005

Sold for £39,950

2001

Floor Plans

Description

  • Well presented two bedroom semi-detached property. +
  • Tastefully decorated throughout. +
  • Spacious rear garden with patio and lawn area. +
  • In the popular location of Burradon close to amenities, schools and transport links. +

Alexander Hudson Estates introduces to market this beautifully presented two-bedroom, semi-detached family home in the popular residential village of Burradon.

Providing ample newly decorated space, the property briefly comprises of; entrance porch, stylish living room and a modern kitchen. On the first floor, two bright and spacious bedrooms and a family bathroom. Externally, the front of the property features a lawned area and driveway providing plentiful parking, whist to the rear of the property, a well-maintained lawned garden and patio area.

The property is ideally located and within easy reach of local schools, amenities and transport links providing journeys towards Newcastle City Centre, the Coast, Northumberland and beyond.

Living Room - Beautiful composite wooden flooring creates a rustic and cosy feel, with the large window enabling plenty of natural light into the space. The staircase leading to the first-floor landing is situated to the right of the room and offers under stair storage space. The living room is located at the front of the property overlooking the lawned front garden.

Kitchen With Dining Area - A modern, good quality kitchen with plenty of cupboard storage space both overhead and at lower level. There is ample space for a dining table and chairs giving you the opportunity to host whilst you prepare a meal. The large window above the sink overlooks the beautiful landscaped rear garden and has the bonus of allowing in plenty of natural light giving a fresh and airy feel to the space. A door to the back garden is located to the right of the room.

First Floor Landing - The first-floor landing leads to both bedrooms, the family bathroom and a further storage cupboard. There is also access to a loft hatch for further storage.

Master Bedroom - Located to the front of the house, the master bedroom is a good size with a built-in wardrobe and plenty of space for a king size bed and chest of drawers. Laminate flooring gives the room a warm and natural feel, with the window letting in plenty of natural light.

Bedroom Two - Located to the rear of the house, the master bedroom is a good size with plenty of space for a double bed, wardrobe and chest of drawers. Laminate flooring gives the room a warm and natural feel, with the window letting in plenty of natural light.

Family Bathroom - The family bathroom is located between the two bedrooms making it easily accessible as well as creating space between the two rooms. It contains a modern white bathroom suite including a full-sized bath with overhead shower, WC and hand wash basin. The bathroom benefits from floor to ceiling tiling and a heated towel radiator. A tall window offers natural light and ventilation.

Gardens - The property occupies a substantial sized rear garden which has been beautifully landscaped with a large patio area for outside dining and a small pond located at the back giving a truly tranquil setting. With tall fencing encasing the rear garden, it offers a sense of privacy and peace. The front garden is laid mostly with lawn and benefits from a private driveway. There is a side gate to the left of the property leading to the back garden and giving another point of access to the home.

Agent Details

Alexander Hudson Estates, Newcastle

0191 268 7433

Next Steps?

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