3 Bed Terraced House, Single Let, Gateshead, NE9 6NJ, £140,000

Crosby Gardens, Gateshead, NE9 6NJ - 2 views - 2 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+22 photos

ValuationUndervalued

Sold Prices£80K - £260K
Sold Prices/m²£895/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£147,261
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£725 - £1,395

Rent Estimate

£741

Running Costs/mo

£606

Cashflow/mo

£135

Cashflow/yr

£1,624

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £260K, average is £125.5K. £895/m² to £3.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£115K09/230.01 mi6, Crosby Gardens, Gateshead, Tyne And Wear NE9 6NJ3
£168K08/230.02 mi27, Scotby Gardens, Gateshead, Tyne And Wear NE9 6NH3
£120K07/210.04 mi14, Thursby Gardens, Gateshead, Tyne And Wear NE9 6NL3
£126K01/230.04 mi7, Thursby Gardens, Gateshead, Tyne And Wear NE9 6NL3
£168K11/220.07 mi41, Ulverston Gardens, Gateshead, Tyne And Wear NE9 6NA3
£128K12/200.09 mi57, Ulverston Gardens, Gateshead, Tyne And Wear NE9 6NB3
£134.9K03/240.09 mi61, Ulverston Gardens, Gateshead, Tyne And Wear NE9 6NB3
£110K12/210.09 mi17, Easedale Gardens, Gateshead, Tyne And Wear NE9 6LY3
£120K03/210.09 mi13, Easedale Gardens, Gateshead, Tyne And Wear NE9 6LY3
£150K02/230.09 mi9, Easedale Gardens, Gateshead, Tyne And Wear NE9 6LY3
£125K01/210.12 mi78, Carnforth Gardens, Gateshead, Tyne And Wear NE9 6YH3
£159.9K08/230.13 mi56, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NP3
£170K04/230.13 mi42, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NP3
£125K05/230.17 mi11, Wetheral Gardens, Gateshead, Tyne And Wear NE9 6PY3
£91.3K03/210.17 mi19, Appleby Gardens, Gateshead, Tyne And Wear NE9 6NR3
£135K01/230.2 mi51, Brampton Gardens, Gateshead, Tyne And Wear NE9 6PS3
£200K01/210.21 mi33, Moss Side, Wrekenton, Gateshead, Tyne And Wear NE9 7UU3
£118K01/240.22 mi19, Seascale Place, Gateshead, Tyne And Wear NE9 6YP3
£122K02/210.23 mi48, Troutbeck Gardens, Gateshead, Tyne And Wear NE9 6PU3
£145.5K07/240.23 mi40, Troutbeck Gardens, Gateshead, Tyne And Wear NE9 6PU3
£121K01/230.23 mi19, Mardale Gardens, Gateshead, Tyne And Wear NE9 6QA3
£86K11/210.24 mi147, Easedale Gardens, Gateshead, Tyne And Wear NE9 6PZ3
£80K12/200.24 mi113, Easedale Gardens, Gateshead, Tyne And Wear NE9 6PZ3
£95K01/210.24 mi109, Easedale Gardens, Gateshead, Tyne And Wear NE9 6PZ3
£155K09/210.26 mi70, Beacon Lough Road, Gateshead, Tyne And Wear NE9 6TA3
£168K05/230.26 mi41, Beacon Lough Road, Gateshead, Tyne And Wear NE9 6TA3
£95K11/200.27 mi31, Greystoke Gardens, Gateshead, Tyne And Wear NE9 6PB3
£125K12/230.27 mi31, Greystoke Gardens, Gateshead, Tyne And Wear NE9 6PB3
£130K09/210.27 mi18, Greystoke Gardens, Gateshead, Tyne And Wear NE9 6PB3
£168.5K02/230.27 mi12, Bowness Place, Gateshead, Tyne And Wear NE9 6YX3
£123K07/210.27 mi49, Dovedale Gardens, Gateshead, Tyne And Wear NE9 6NT3
£150K10/200.27 mi1, Dovedale Gardens, Gateshead, Tyne And Wear NE9 6NT3
£95K11/220.28 mi13, Binsby Gardens, Gateshead, Tyne And Wear NE9 7HR3
£157K10/230.29 mi5, Penrith Gardens, Gateshead, Tyne And Wear NE9 6YN3
£245K02/230.3 mi1, Beechwood Avenue, Gateshead, Tyne And Wear NE9 6PP3
£260K09/230.3 mi19, Oakwood Avenue, Gateshead, Tyne And Wear NE9 6PR3
£93K10/210.31 mi47, Millbeck Gardens, Gateshead, Tyne And Wear NE9 7HS3
£93K07/240.31 mi22, Millbeck Gardens, Gateshead, Tyne And Wear NE9 7HS3
£232.5K06/210.32 mi5, Whinlatter Gardens, Gateshead, Tyne And Wear NE9 6TJ3
£168K12/230.32 mi17, Wythburn Place, Gateshead, Tyne And Wear NE9 6YT3
£98K05/230.34 mi6, Aspenlaw, Gateshead, Tyne And Wear NE9 6SW3
£120K05/240.34 mi19, Highlaws Gardens, Gateshead, Tyne And Wear NE9 6PA3
£90K08/230.35 mi16, Bramblelaw, Gateshead, Tyne And Wear NE9 6RX3
£210K11/230.36 mi5, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£171K03/210.36 mi7, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£215K09/230.36 mi52, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£205K09/230.37 mi1, Stocksfield Gardens, Gateshead, Tyne And Wear NE9 7TQ3
£100K03/210.38 mi21, Harewood Green, Gateshead, Tyne And Wear NE9 7BR3
£125K01/230.38 mi17, Harewood Green, Gateshead, Tyne And Wear NE9 7BR3
£85K10/230.39 mi8, Helmsley Green, Gateshead, Tyne And Wear NE9 7DG3

Local Rents

15 rents from £725/mo to £1.4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85006/240.16 miHarraby Gardens, Low Fell, Gateshead, NE93
£1,15003/250.17 mi-3
£80007/240.31 miMillbeck Gardens, Gateshead, Tyne And Wear, NE93
£75007/240.39 miHarewood Green, Gateshead3
£89506/240.45 miCherrytree Gardens, Low Fell3
£80007/240.47 miSeaham Gardens, Wrekenton3
£75006/240.48 miBramhope Green, Harlow Green, Gateshead, NE93
£1,39506/240.49 miChurch Road, Low Fell3
£89905/240.5 mi-3
£85007/240.53 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£72506/240.56 mi-3
£72506/240.56 miFernlough, Gateshead, NE93
£77506/240.58 miWesley Street, Low Fell, Gateshead3
£1,25006/240.6 miWells Gardens, Low Fell3
£1,25007/240.6 miWells Gardens, Low Fell3

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

1.84 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £140,000

January 8, 2025

Description

  • Three Bedrooms +

  • Beautifully Presented +

  • Fitted Kitchen +

  • Modern Bathroom +

  • Gardens to Three Sides +

  • Council Tax Band A +

  • EPC Rating C +

AN IMPRESSIVE end terraced home appealing to a wide range of potential purchasers including first time buyers, investors and families alike. The beautifully presented living space includes a lounge, FITTED KITCHEN, conservatory, three bedrooms and a STYLISH BATHROOM. Externally, gardens lie to the front, side and rear. Ideally situated for access to local amenities and facilities as well as for access to transport routes and services.

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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