2 Bed Bungalow, Single Let, Hebburn, NE31 2TL, £285,000

Ronald Gardens, Hebburn, NE31 2TL - 4 months ago

Sold STC
BTL
~68 m²
+23 photos

ValuationOvervalued

Sold Prices£67.5K - £265K
Sold Prices/m²£649/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.2K/m²

Value Estimate

£138,857

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£19,700

Total Cash In

£90,950

 

 

Cash Out

 

Rent Range

£575 - £850

Rent Estimate

£600

Running Costs/mo

£1,031

Cashflow/mo

£-431

Cashflow/yr

£-5,167

Gross Yield

3%

Local Sold Prices

50 sold prices from £67.5K to £265K, average is £130K. £649/m² to £3.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£103.1K05/210.09 mi3, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT2
£160K12/230.1 mi1, Garden Drive, Hebburn, Tyne And Wear NE31 1LU2
£140K10/210.15 mi12, North Drive, Hebburn, Tyne And Wear NE31 1ER2
£67.5K02/210.16 mi99, Tennant Street, Hebburn, Tyne And Wear NE31 1LN2
£130K09/230.2 mi1, Graham Road, Hebburn, Tyne And Wear NE31 1NA2
£100K10/220.2 mi13, Lake View, Hebburn, Tyne And Wear NE31 2NX2
£70K04/230.21 mi14, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB2
£95K04/210.21 mi56, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND2
£145K06/230.25 mi1, Dukes Avenue, Hebburn, Tyne And Wear NE31 2TG2
£140K07/240.25 mi111, Toner Avenue, Hebburn, Tyne And Wear NE31 2QS2
£170K03/230.32 mi28, Lambley Crescent, Hebburn, Tyne And Wear NE31 2NF2
£125K08/210.37 mi16, Kelly Road, Hebburn, Tyne And Wear NE31 2PJ2
£133K11/210.41 mi21, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£160K12/230.41 mi44, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£133K11/200.41 mi16, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£124K04/210.41 mi6, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£130K11/220.41 mi13, Rede Avenue, Hebburn, Tyne And Wear NE31 1QT2
£185K05/210.44 mi35, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YN2
£125K07/230.44 mi28, Dahlia Way, Hebburn, Tyne And Wear NE31 2QH2
£122.6K06/230.45 mi25, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PP2
£130K05/230.45 mi56, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW2
£180K06/230.46 mi63, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£265K02/240.46 mi73, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£183K07/240.49 mi251, Victoria Road West, Hebburn, Tyne And Wear NE31 1UH2
£135K01/240.49 mi247, Victoria Road West, Hebburn, Tyne And Wear NE31 1UH2
£137K05/210.5 mi23, Crawley Avenue, Hebburn, Tyne And Wear NE31 2LT2
£160K12/220.5 mi11, Crawley Avenue, Hebburn, Tyne And Wear NE31 2LU2
£142K01/210.55 mi24, Blue House Road, Hebburn, Tyne And Wear NE31 2NB2
£142.5K05/230.55 mi21, Blue House Road, Hebburn, Tyne And Wear NE31 2NB2
£165K07/240.57 mi13, Titlington Grove, Hebburn, Tyne And Wear NE31 2LX2
£150K04/240.59 mi7, College Road, Hebburn, Tyne And Wear NE31 2LY2
£115K06/230.59 mi11, Wordsworth Avenue, Hebburn, Tyne And Wear NE31 1QE2
£98K05/210.6 mi4, Coniston Avenue, Hebburn, Tyne And Wear NE31 2RR2
£119K04/240.61 mi47, Grosvenor Crescent, Hebburn, Tyne And Wear NE31 2EA2
£101K10/230.61 mi43, Grosvenor Crescent, Hebburn, Tyne And Wear NE31 2EA2
£129.9K01/240.61 mi18, Lindisfarne Road, Hebburn, Tyne And Wear NE31 2JA2
£95K01/230.61 mi18, Grasmere Road, Hebburn, Tyne And Wear NE31 2RW2
£70K02/210.63 mi18, Shakespeare Avenue, Hebburn, Tyne And Wear NE31 1PT2
£70K02/230.64 mi116, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£87K02/210.64 mi22, Finchale Road, Hebburn, Tyne And Wear NE31 2JB2
£117K10/220.64 mi118, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£122.5K11/220.66 mi19, Fountains Crescent, Hebburn, Tyne And Wear NE31 2HS2
£78K06/230.66 mi93, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL2
£75K03/240.67 mi98, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HA2
£106K11/220.67 mi156, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL2
£110K09/230.68 mi17, Elmfield Road, Hebburn, Tyne And Wear NE31 2DY2
£146K06/230.68 mi14, Thirlmere Court, Hebburn, Tyne And Wear NE31 2RP2
£81K02/210.68 mi30, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£130.3K11/230.68 mi39, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£137.5K05/240.69 mi112, Hexham Avenue, Hebburn, Tyne And Wear NE31 2JH2

Local Rents

14 rents from £575/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£57505/240.21 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£60004/240.22 mi-2
£62507/240.22 mi-2
£62506/240.22 miVictoria Road West, Hebburn, NE312
£85006/240.25 miToner Avenue, Hebburn2
£72506/240.26 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£79507/240.29 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£75007/240.3 mi-2
£65005/240.32 mi-2
£67502/250.34 mi-2
£65006/240.35 miWhickham Road, Hebburn, South Tyneside2
£62507/240.35 miTweed Street, Hebburn, Tyne and Wear, NE312
£75006/240.46 miJohnston Avenue, Hebburn, Tyne And Wear, NE312
£60006/240.58 miThames Road, Hebburn, Tyne and Wear, NE31 2BX2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.31 miles away

Nearest school

0.40 miles away

Nearest train station

0.52 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Price changed to £285,000

February 20, 2025

Listed for £295,000

January 7, 2025

Description

  • Open Plan Kitchen & Diner +
  • Detached Bungalow +
  • Two Double Bedrooms +
  • Detached Garage +
  • Quiet Cul De Sac Location +
  • Views Over Hebburn Cemetery +
  • Large Plot With Huge Potential +

Located in a tranquil cul-de-sac setting, this stunning detached bungalow presents a unique opportunity for those seeking a modern and spacious abode. Boasting a contemporary design and an abundance of natural light, this property offers two generously proportioned double bedrooms, making it an ideal residence for families or professionals alike.

Upon entry, residents are greeted by a long hallway with floor to ceiling windows looking over the garden. The open plan kitchen and dining area, provides a seamless transition between cooking, dining, and relaxing spaces. The kitchen is equipped with modern appliances and sleek units, offering both functionality and aesthetic appeal. The spacious dining area is ideal for hosting gatherings or enjoying intimate meals with loved ones, creating a warm and inviting atmosphere.

The property features modern decor throughout, with tasteful finishes that exude elegance and sophistication. Neutral colour palettes and high-quality fixtures and fittings add to the property's contemporary charm, creating a cohesive and harmonious living environment.

Situated on a generous plot, this property offers ample outdoor space for residents to enjoy, whether it be for gardening, entertaining, or simply unwinding in the fresh air. The large plot provides endless possibilities for customisation and personalisation, allowing residents to create their own outdoor oasis that reflects their lifestyle and preferences.

In addition to its stunning interior and outdoor spaces, this bungalow is conveniently located in a quiet cul-de-sac, over looking Hebburn Cemetery, providing privacy and tranquillity for its residents.

Overall, this detached bungalow offers a rare opportunity to acquire a modern and spacious home in a sought-after location. With its contemporary design and ample living space, this property is sure to impress even the most discerning buyers. Don't miss the chance to make this exceptional property your own and experience the epitome of modern living in a tranquil setting. Schedule a viewing today to explore all that this property has to offer.

EPC Rating: D

Agent Details

Conway Christie, South Tyneside

0191 905 2852

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪