3 Bed Terraced House, Single Let, Cramlington, NE23 6RH, £105,000

Ridley Street, Cramlington, Northumberland, NE23 6RH - 5 views - 3 months ago

Sold STC
BTL
ROI: 12%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£35K - £260K
Sold Prices/m²£409/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£126,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£800 - £1,095

Rent Estimate

£806

Running Costs/mo

£509

Cashflow/mo

£297

Cashflow/yr

£3,560

ROI

12%

Gross Yield

9%

Local Sold Prices

49 sold prices from £35K to £260K, average is £135K. £409/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£77K04/210.02 mi14, Storey Street, Cramlington, Northumberland NE23 6RL3
£124K02/240.04 mi2, Ridley Street, Cramlington, Northumberland NE23 6RH3
£99K07/240.04 mi8, Ridley Street, Cramlington, Northumberland NE23 6RH3
£85K03/230.04 mi25, Ridley Street, Cramlington, Northumberland NE23 6RH3
£155K11/230.05 mi3, West View, Cramlington, Northumberland NE23 6RJ3
£88K07/210.11 mi7, Percy Street, Cramlington, Northumberland NE23 6RG3
£102K09/230.11 mi6, Percy Street, Cramlington, Northumberland NE23 6RG3
£170K06/210.14 mi20, Pickering Close, Cramlington, Northumberland NE23 6QB3
£179.9K01/240.18 mi84, Cateran Way, Cramlington, Northumberland NE23 6HG3
£190K10/230.24 mi41, Beech Avenue, Cramlington, Northumberland NE23 6XS3
£166K03/210.24 mi21, Beech Avenue, Cramlington, Northumberland NE23 6XS3
£148.5K12/230.24 mi57, Cramond Way, Cramlington, Northumberland NE23 6LA3
£163K11/200.25 mi15, Cranshaw Place, Cramlington, Northumberland NE23 6JY3
£136K11/200.27 mi11, Coomside, Cramlington, Northumberland NE23 6HW3
£157K01/240.27 mi23, Coomside, Cramlington, Northumberland NE23 6HW3
£132.5K08/230.27 mi13, Coomside, Cramlington, Northumberland NE23 6HW3
£260K12/230.29 mi1, Cairnsmore Close, Cramlington, Northumberland NE23 6LE3
£110K05/210.3 mi1, Barrasford Road, Cramlington, Northumberland NE23 6TD3
£170K04/240.3 mi57, Barrasford Road, Cramlington, Northumberland NE23 6TD3
£128K05/210.32 mi13, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£135K05/240.32 mi40, Chatton Avenue, Cramlington, Northumberland NE23 6TA3
£107.5K09/230.33 mi22, Chesterhill, Cramlington, Northumberland NE23 6JN3
£113.8K08/210.33 mi16, Chesterhill, Cramlington, Northumberland NE23 6JN3
£122.5K07/230.33 mi29, Chesterhill, Cramlington, Northumberland NE23 6JN3
£118K03/210.33 mi6, Chesterhill, Cramlington, Northumberland NE23 6JN3
£170K11/230.36 mi32, Village Road, Cramlington, Northumberland NE23 2AJ3
£135K11/230.38 mi24, Chipchase Avenue, Cramlington, Northumberland NE23 6TS3
£35K10/210.41 mi39, Reedswood Crescent, Cramlington, Northumberland NE23 6RW3
£146.5K03/210.41 mi38, Reedswood Crescent, Cramlington, Northumberland NE23 6RW3
£209K05/230.44 mi59, Westerkirk, Cramlington, Northumberland NE23 6NE3
£189.9K06/210.44 mi58, Westerkirk, Cramlington, Northumberland NE23 6NE3
£91K12/220.44 mi43, Allensgreen, Cramlington, Northumberland NE23 6SG3
£116K08/230.45 mi40, Sea View Villas, Cramlington, Northumberland NE23 2AD3
£180K01/240.45 mi7, Sea View Villas, Cramlington, Northumberland NE23 2AD3
£140K05/210.45 mi25, Fernley Villas, Cramlington, Northumberland NE23 2AG3
£152K04/240.47 mi64, Mayfield Avenue, Cramlington, Northumberland NE23 2AA3
£85K09/230.47 mi42, Tindale Avenue, Cramlington, Northumberland NE23 2BS3
£97K01/210.47 mi32, Tindale Avenue, Cramlington, Northumberland NE23 2BS3
£125K11/220.47 mi35, Tindale Avenue, Cramlington, Northumberland NE23 2BP3
£165K02/210.48 mi12, Dewley, Cramlington, Northumberland NE23 6DS3
£100K08/210.5 mi36, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£120K04/240.5 mi42, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£123K12/230.5 mi4, Thirston Drive, Cramlington, Northumberland NE23 2BY3
£191.5K07/230.53 mi15, Torwood Court, Cramlington, Northumberland NE23 2BZ3
£160K08/210.53 mi10, Torwood Court, Cramlington, Northumberland NE23 2BZ3
£225K11/210.53 mi10, Waterbeck Close, Cramlington, Northumberland NE23 6LT3
£116K03/240.54 mi43, Alexandra Way, Cramlington, Northumberland NE23 6EA3
£115K04/230.55 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£145K12/220.55 mi98, Tindale Avenue, Cramlington, Northumberland NE23 2DB3

Local Rents

11 rents from £800/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£94010/240.16 mi-3
£1,09503/250.3 mi-3
£80006/240.36 miChipchase Avenue, Cramlington, NE233
£80006/240.38 miChipchase Avenue, Cramlington3
£90006/240.57 miSouth View Place, Cramlington, Northumberland, NE233
£87507/240.58 mi-3
£85006/240.58 miAlexandra Way, Cramlington, NE233
£87507/240.58 miAlexandra Way, Cramlington, NE233
£92508/240.6 mi-3
£92507/240.6 miDoddington Drive, Cramlington, NE233
£95002/250.61 mi-3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

0.98 miles away

Nearest school

0.50 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £105,000

January 16, 2025

Description

  • Great location within Cramlington +
  • Two reception rooms +
  • Ideal first home +
  • Open plan dining/kitchen +
  • Modern kitchen and bathroom +

Fantastic three bedroom home available for sale! This home is beautifully presented and has lots to offer! It offers well proportioned living accommodation including a generous open plan kitchen/diner. This lovely home will appeal to a wide range of buyers including young families, first time homebuyers and investors. It is really well located with a great range of amenities close to the property, great travel links and Cramlington Hospital is also nearby.
Some great features on offer include a modern kitchen and bathroom as well as off street parking and outhouse too.
The accommodation on offer includes entrance hall, open plan kitchen/diner and living room with access to an additional hall area. The first floor provides three bedrooms and a bathroom. Externally there is a yard area which provides off street parking parking and an outhouse too.
Call us today to arrange your viewing on this super home!

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Cramlington

01670 332737

Next Steps?

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