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3 Bed Semi-Detached House, Single Let, Hebburn, NE31 2JL, £90,000

Medway Avenue, ., Hebburn, Tyne and Wear, NE31 2JL - 2 views - 3 months ago

Sold STC
BTL
ROI: 14%
~93 m²
+14 photos

ValuationUndervalued

Sold Prices£90K - £443.5K
Sold Prices/m²£1.2K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£110,700
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£775

Running Costs/mo

£456

Cashflow/mo

£319

Cashflow/yr

£3,825

ROI

14%

Gross Yield

10%

Local Sold Prices

47 sold prices from £90K to £443.5K, average is £139K. £1.2K/m² to £3.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£90K10/230.04 mi96, Hexham Avenue, Hebburn, Tyne And Wear NE31 2JQ3
£128.5K03/230.08 mi28, Melrose Avenue, Hebburn, Tyne And Wear NE31 2JD3
£138K02/230.09 mi68, Finchale Road, Hebburn, Tyne And Wear NE31 2JT3
£121K03/210.12 mi79, Clyde Avenue, Hebburn, Tyne And Wear NE31 2JP3
£175K07/230.12 mi60, Lindisfarne Road, Hebburn, Tyne And Wear NE31 2HU3
£137.5K04/210.12 mi4, Mersey Road, Hebburn, Tyne And Wear NE31 2DJ3
£144K02/230.14 mi103, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL3
£137K09/210.17 mi136, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL3
£135K07/210.17 mi158, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL3
£122.5K03/210.17 mi20, Cedar Grove, Hebburn, Tyne And Wear NE31 2PU3
£110K02/230.17 mi91, Hexham Avenue, Hebburn, Tyne And Wear NE31 2DL3
£125K08/240.19 mi4, Fuschia Gardens, Hebburn, Tyne And Wear NE31 2PX3
£126K01/230.21 mi67, Lilac Walk, Hebburn, Tyne And Wear NE31 2PR3
£102K02/210.21 mi50, Lilac Walk, Hebburn, Tyne And Wear NE31 2PR3
£125K09/210.21 mi65, Lilac Walk, Hebburn, Tyne And Wear NE31 2PR3
£130K11/200.21 mi58, Lilac Walk, Hebburn, Tyne And Wear NE31 2PR3
£148K11/220.22 mi53, Lilac Walk, Hebburn, Tyne And Wear NE31 2PR3
£110K10/200.22 mi6, Devon Road, Hebburn, Tyne And Wear NE31 2DW3
£125K04/210.22 mi22, Hollyhock Gardens, Hebburn, Tyne And Wear NE31 2PT3
£129.9K12/200.22 mi21, Hollyhock, Hebburn, Tyne And Wear NE31 2PT3
£135K06/230.22 mi3, Tees Road, Hebburn, Tyne And Wear NE31 2DD3
£140K04/210.25 mi10, Cherry Tree Walk, Hebburn, Tyne And Wear NE31 2QA3
£122K07/210.27 mi3, Thames Road, Hebburn, Tyne And Wear NE31 2BX3
£115K03/210.27 mi14, Cornwall Road, Hebburn, Tyne And Wear NE31 2DP3
£195K10/230.29 mi33, Benedict Lane, Hebburn, Tyne And Wear NE31 2GA3
£110K02/210.3 mi1, Kelly Road, Hebburn, Tyne And Wear NE31 2PJ3
£137K03/230.3 mi5, Kelly Road, Hebburn, Tyne And Wear NE31 2PJ3
£162K10/230.31 mi19, Dahlia Way, Hebburn, Tyne And Wear NE31 2QH3
£170K03/230.31 mi1, Elmfield Road, Hebburn, Tyne And Wear NE31 2DY3
£145K11/220.37 mi10, College Road, Hebburn, Tyne And Wear NE31 2LY3
£139K02/230.39 mi50, Toner Avenue, Hebburn, Tyne And Wear NE31 2PD3
£140K08/230.4 mi5, The Willows, Hebburn, Tyne And Wear NE31 2QG3
£180.6K07/240.41 mi26, Crawley Avenue, Hebburn, Tyne And Wear NE31 2LT3
£443.5K11/220.42 miWyndrush, Monkton Lane, Monkton Village, Jarrow, Tyne And Wear NE32 5NP3
£160K07/240.43 mi97, Toner Avenue, Hebburn, Tyne And Wear NE31 2QS3
£110K04/210.46 mi12, Branton Avenue, Hebburn, Tyne And Wear NE31 2LR3
£145K07/230.46 mi2, Branton Avenue, Hebburn, Tyne And Wear NE31 2LR3
£230.3K05/240.47 mi6, Titlington Grove, Hebburn, Tyne And Wear NE31 2LX3
£195K03/210.47 mi8, Hartleyburn Avenue, Hebburn, Tyne And Wear NE31 2NE3
£145K06/210.47 mi7, Hartleyburn Avenue, Hebburn, Tyne And Wear NE31 2NE3
£175K09/230.5 mi14, Mill Lane, Hebburn, Tyne And Wear NE31 2EW3
£169.9K05/210.51 mi19, Burn Heads Road, Hebburn, Tyne And Wear NE31 2TB3
£159K12/200.51 mi27, Burn Heads Road, Hebburn, Tyne And Wear NE31 2TB3
£189.9K08/210.51 mi38, Lambley Crescent, Hebburn, Tyne And Wear NE31 2ND3
£195K04/210.51 mi48, Lambley Crescent, Hebburn, Tyne And Wear NE31 2ND3
£236K01/210.51 mi28, St Johns Avenue, Hebburn, Tyne And Wear NE31 2UB3
£247.5K04/240.51 mi38, St Johns Avenue, Hebburn, Tyne And Wear NE31 2UB3

Local Rents

10 rents from £725/mo to £925/mo, average is £815/mo.

RentDateDistanceAddressBeds 
£92506/240.05 mi-3
£79507/240.2 miMimosa Drive, Hebburn, Tyne & Wear3
£85007/240.22 miLilac Walk, Hebburn, Tyne And Wear, NE313
£82505/240.23 miCherry Tree Walk, Hebburn3
£77507/240.26 miSomerset Road, Hebburn, Tyne and Wear, NE313
£87512/240.3 miRutland Road, Hebburn, Tyne And Wear, NE313
£80506/240.33 mi-3
£77505/240.46 mi-3
£90005/240.48 miHartleyburn Avenue, Hebburn, Tyne and Wear, NE313
£72505/240.61 miSouthend Parade, Hebburn, Tyne & Wear, NE313

Links

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.68 miles away

Nearest school

0.30 miles away

Nearest train station

0.85 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £90,000

January 8, 2025

Floor Plans

Description

  • THREE BEDROOM SEMI DETACHED +
  • DUAL ASPECT LOUNGE +
  • LARGE KITCHEN / DINER +
  • PRIVATE FRONT AND REAR GARDEN +
  • DRIVEWAY (for numerous vehicles) +

Pattinson Estate Agents welcome to the market this THREE BEDROOM semi detached family home located on Medway Ave, Hebburn.
Ideally located for an array of schools, local amenities including the Mountbatten Shopping Centre Hebburn. Excellent local transport and Metro Links direct to Newcastle City Centre, South Shields and connections to Sunderland City Centre. Road links to A1, A19 to the South and the Tyne Tunnel to much of the North East.

Briefly comprising: Entrance/Hallway, Lounge leading to Kitchen / Dinner. To the first floor lies Three Bedrooms, the Family Bathroom with separate Cloak. Externally there are private Gardens to the front and rear complemented by Driveway.

Properties in this location are extremely popular and an early viewing is highly recommended.

Call Pattinson Jarrow to arrange a viewing: or email:

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Jarrow

0191 625 0173

Next Steps?

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

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