3 Bed Semi-Detached House, Single Let, Gateshead, NE10 8PJ, £100,000

Longrigg, Gateshead, NE10 8PJ - 2 views - 3 months ago

Sold STC
BTL
ROI: 15%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£41.7K - £375K
Sold Prices/m²£521/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£124,000
BMV24%

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

£775 - £1,050

Rent Estimate

£875

Running Costs/mo

£508

Cashflow/mo

£368

Cashflow/yr

£4,410

ROI

15%

Gross Yield

11%

Local Sold Prices

51 sold prices from £41.7K to £375K, average is £133K. £521/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£133K01/230.1 mi69, Fallowfeld, Gateshead, Tyne And Wear NE10 8QD3
£155K01/230.14 mi4, Grange Crescent, Gateshead, Tyne And Wear NE10 8UY3
£165K01/230.14 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£160K08/230.17 mi123, Meresyde, Gateshead, Tyne And Wear NE10 8PE3
£116K06/210.19 mi46, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£41.7K09/230.19 mi29, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£125K12/220.19 mi31, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.2 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.2 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£135K08/230.2 mi26, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£105K04/210.2 mi9, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£146K04/210.2 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£135K03/220.2 mi35, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£133K01/230.2 mi12, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£132K04/210.21 mi65, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£129.3K08/230.21 mi25, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£118K10/210.21 mi5, Warrenmor, Gateshead, Tyne And Wear NE10 8XD3
£141K11/200.23 mi12, Bolburn, Gateshead, Tyne And Wear NE10 8XB3
£177K11/200.24 mi19, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£225K02/230.24 mi14, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£118.5K03/210.25 mi7, St Edmunds Drive, Gateshead, Tyne And Wear NE10 9AE3
£110K01/210.26 mi24, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£118K05/230.26 mi19, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£210K04/230.27 mi47, Sunderland Road Villas, Gateshead, Tyne And Wear NE10 8HD3
£129.9K06/210.27 mi70, Redemarsh, Gateshead, Tyne And Wear NE10 8PS3
£99K03/210.28 mi24, Hallgarth, Gateshead, Tyne And Wear NE10 8XJ3
£150K02/210.28 mi3, Grange Court, Gateshead, Tyne And Wear NE10 8EY3
£195K03/210.29 mi15, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£155K04/210.29 mi3, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£145K05/230.32 mi26, Creslow, Gateshead, Tyne And Wear NE10 9AP3
£125K10/200.35 mi21, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£152K03/230.35 mi9, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£118K01/210.35 mi53, Monkton, Gateshead, Tyne And Wear NE10 8NU3
£140K08/210.36 mi88, Cotemede, Gateshead, Tyne And Wear NE10 8JR3
£134K02/230.37 mi17, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£122.5K03/210.38 mi1, Webb Gardens, Gateshead, Tyne And Wear NE10 8EH3
£97K03/210.38 mi24, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£140K04/230.38 mi20, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£120K02/210.39 mi1, Henderson Gardens, Gateshead, Tyne And Wear NE10 8EQ3
£125K08/230.39 mi77, Coniston, Gateshead, Tyne And Wear NE10 0XD3
£146K11/200.4 mi66, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£145K05/230.4 mi70, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£128K08/230.41 mi127, Cotemede, Gateshead, Tyne And Wear NE10 8JT3
£375K06/210.41 miMeldon, High Heworth Lane, Gateshead, Tyne And Wear NE10 0PB3
£192K07/230.42 mi21, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£112.5K03/210.42 mi15, Wardle Gardens, Gateshead, Tyne And Wear NE10 9XA3
£150.5K07/210.42 mi12, Wardle Gardens, Gateshead, Tyne And Wear NE10 9XA3
£105K01/210.43 mi25, Hartburn, Gateshead, Tyne And Wear NE10 8JE3
£149.9K08/230.43 mi41, Meresyde, Gateshead, Tyne And Wear NE10 8UL3
£105K05/210.44 mi58, Chevington, Gateshead, Tyne And Wear NE10 8LA3
£123.5K11/210.45 mi55, Coniston, Gateshead, Tyne And Wear NE10 0XB3

Local Rents

11 rents from £775/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£90008/240.17 miMeresyde, Gateshead, Tyne And Wear, NE103
£90007/240.2 miRedemarsh, Leam Lane, Gateshead, Tyne And Wear, NE103
£87505/240.3 miGateshead, Gateshead, NE103
£87503/240.3 mi-3
£77505/240.36 miCotemede, Gateshead, Tyne And Wear, NE103
£1,00007/240.39 miMillford, Leam Lane, Gateshead3
£92511/240.41 mi-3
£95002/250.45 mi-3
£1,05006/240.57 miWatermill Lane, Gateshead, NE103
£1,05006/240.57 mi-3
£1,00006/240.57 miWatermill Lane, Felling, Gateshead, Tyne And Wear, NE103

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £100,000

January 7, 2025

Description

  • Three Bedrooms +

  • Semi Detached +

  • No Chain +

  • Conservatory +

  • Kitchen +

  • Gardens/Parking +

  • EPC Rating D +

  • Council Tax Band A +

SOLD WITH NO ONWARD CHAIN, is this three bedroom semi detached home set in this popular location. Priced to reflect some updating required and will appeal to investors and first time buyers alike. The accommodation comprises: entrance hallway, lounge, kitchen, rear lobby, conservatory, first floor landing, three bedrooms and a bathroom with separate wc. Externally, there are gardens to the front and rear with driveway parking. EARLY VIEWING ADVISED.

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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