2 Bed Semi-Detached House, Single Let, Wallsend, NE28 7BU, £100,000

3 Bishops Close, Rosehill, Wallsend, NE28 7BU - 1 views - 3 months ago

Sold STC

BTL

ROI: 4%

64 m²

+5 photos

ValuationOvervalued

Sold Prices	£50K - £210K
Sold Prices/m²	£902/m² - £3.6K/m²

Square Metres	64 m²
Price/m²	£1.6K/m²
Value Estimate	£94,899£94,899

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£6,200£6,200
Total Cash In	£31,200£31,200

Cash Out
Rent Range	£550 - £1,195£550 - £1,195
Rent Estimate	£550
Running Costs/mo	£443£443
Cashflow/mo	£108£108
Cashflow/yr	£1,290£1,290
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £50K to £210K, average is £113K. £902/m² to £3.6K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£128K	08/24	0.04 mi	8, Priors Way, Wallsend, Tyne And Wear NE28 7BY	-	-	2	Semi-Detached House
£118K	02/21	0.04 mi	8, Priors Way, Wallsend, Tyne And Wear NE28 7BY	£2,034	58	2	Semi-Detached House
£75K	11/20	0.11 mi	2, Eversley Place, Wallsend, Tyne And Wear NE28 7BD	£1,230	61	2	Terraced House
£95K	12/20	0.12 mi	12, Angle Terrace, Wallsend, Tyne And Wear NE28 7BQ	-	-	2	Semi-Detached House
£96K	02/21	0.18 mi	21, Shakespeare Street, Wallsend, Tyne And Wear NE28 7DE	£1,182	81	2	Terraced House
£110K	02/21	0.2 mi	53, Mcnamara Road, Wallsend, Tyne And Wear NE28 7DY	£1,964	56	2	Semi-Detached House
£100K	11/23	0.22 mi	82, Northumberland Terrace, Wallsend, Tyne And Wear NE28 7BL	-	-	2	Terraced House
£135K	09/23	0.22 mi	34, North Terrace, Wallsend, Tyne And Wear NE28 6PZ	£1,324	102	2	Terraced House
£120K	12/23	0.22 mi	22, North Terrace, Wallsend, Tyne And Wear NE28 6PZ	-	-	2	Terraced House
£85K	09/23	0.22 mi	32, North Terrace, Wallsend, Tyne And Wear NE28 6PZ	-	-	2	Terraced House
£105K	06/21	0.25 mi	3, North Terrace, Wallsend, Tyne And Wear NE28 6PY	-	-	2	Terraced House
£112K	03/23	0.26 mi	5, Mcnamara Road, Wallsend, Tyne And Wear NE28 7DP	£1,534	73	2	Terraced House
£74.5K	05/23	0.29 mi	20, South Terrace, Wallsend, Tyne And Wear NE28 6QD	£1,454	51	2	Terraced House
£100K	10/23	0.3 mi	20, Point Pleasant Terrace, Wallsend, Tyne And Wear NE28 6QQ	£1,483	67	2	Terraced House
£148.5K	09/23	0.34 mi	4, Church View, Wallsend, Tyne And Wear NE28 6PS	-	-	2	Semi-Detached House
£153K	10/21	0.36 mi	41, Tynemouth Road, Wallsend, Tyne And Wear NE28 0AA	£1,663	92	2	Terraced House
£175K	04/24	0.38 mi	31, Churchill Street, Wallsend, Tyne And Wear NE28 7TD	-	-	2	Semi-Detached House
£94K	05/21	0.38 mi	36, Churchill Street, Wallsend, Tyne And Wear NE28 7TD	£1,237	76	2	Semi-Detached House
£115K	11/21	0.42 mi	103, Savory Road, Wallsend, Tyne And Wear NE28 7EH	£1,797	64	2	Semi-Detached House
£120K	07/21	0.43 mi	105, Edward Road, Wallsend, Tyne And Wear NE28 7DU	£2,000	60	2	Semi-Detached House
£114K	04/24	0.44 mi	22, Octavia Court, Wallsend, Tyne And Wear NE28 7EW	-	-	2	Terraced House
£77K	11/20	0.44 mi	18, Octavia Court, Wallsend, Tyne And Wear NE28 7EW	£1,283	60	2	Terraced House
£184.5K	04/24	0.45 mi	4, Robinson Gardens, Wallsend, Tyne And Wear NE28 0NG	-	-	2	Bungalow
£76K	08/21	0.47 mi	25, Mickley Close, Willington Quay, Wallsend, Tyne And Wear NE28 6JJ	£1,333	57	2	Terraced House
£115K	01/21	0.47 mi	2, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR	£1,691	68	2	Terraced House
£115K	03/21	0.47 mi	9, Cestrium Court, Wallsend, Tyne And Wear NE28 7JR	£1,885	61	2	Terraced House
£92K	02/23	0.47 mi	31, Rosewood Terrace, Wallsend, Tyne And Wear NE28 0AF	£1,479	62	2	Semi-Detached House
£80K	01/23	0.49 mi	86, Dene Crescent, Wallsend, Tyne And Wear NE28 7SW	£1,403	57	2	Semi-Detached House
£183.5K	07/23	0.5 mi	51, Caesar Way, Wallsend, Tyne And Wear NE28 7JL	£2,392	77	2	Terraced House
£133K	05/23	0.5 mi	33, Harrison Road, Wallsend, Tyne And Wear NE28 0NE	-	-	2	Semi-Detached House
£110K	01/23	0.51 mi	4, Oban Avenue, Wallsend, Tyne And Wear NE28 0PU	£1,833	60	2	Terraced House
£105.2K	02/24	0.52 mi	7, Elizabeth Road, Wallsend, Tyne And Wear NE28 0AH	-	-	2	Semi-Detached House
£95K	05/21	0.53 mi	26, Oak Grove, Wallsend, Tyne And Wear NE28 6PW	£1,075	88	2	Terraced House
£50K	01/23	0.57 mi	156, Holly Avenue, Wallsend, Tyne And Wear NE28 6PL	£902	55	2	Terraced House
£75K	03/21	0.59 mi	40, Hazelwood Terrace, Wallsend, Tyne And Wear NE28 0AJ	£1,189	63	2	Terraced House
£162.5K	02/23	0.6 mi	27, Amberley Close, Wallsend, Tyne And Wear NE28 0LB	£3,582	45	2	Semi-Detached House
£114K	05/21	0.61 mi	121, Boyd Road, Wallsend, Tyne And Wear NE28 7SL	£1,583	72	2	Semi-Detached House
£136K	02/23	0.62 mi	16, Camberley Road, Wallsend, Tyne And Wear NE28 0PN	£2,275	60	2	Semi-Detached House
£152K	07/24	0.64 mi	19, Windsor Close, Wallsend, Tyne And Wear NE28 0PW	-	-	2	Bungalow
£97.5K	07/21	0.64 mi	103, Richardson Street, Wallsend, Tyne And Wear NE28 7PR	£1,079	90	2	Terraced House
£105K	12/20	0.64 mi	123, Richardson Street, Wallsend, Tyne And Wear NE28 7PR	£1,362	77	2	Terraced House
£107K	06/21	0.68 mi	21, Charlotte Street, Wallsend, Tyne And Wear NE28 7PT	£1,372	78	2	Terraced House
£60K	02/23	0.69 mi	16, Northumberland Street, Wallsend, Tyne And Wear NE28 7QB	£984	61	2	Terraced House
£210K	10/21	0.69 mi	270, Churchill Street, Wallsend, Tyne And Wear NE28 7TL	£3,250	65	2	Semi-Detached House
£83.5K	07/23	0.71 mi	18, Stead Street, Wallsend, Tyne And Wear NE28 0AP	£1,305	64	2	Semi-Detached House
£128.5K	01/23	0.72 mi	1, Smeaton Court, Wallsend, Tyne And Wear NE28 6RR	£1,920	67	2	Terraced House
£135K	01/23	0.73 mi	96, Coniston Road, Wallsend, Tyne And Wear NE28 0ET	£1,616	84	2	Semi-Detached House
£120K	11/23	0.75 mi	9, Timlin Gardens, Wallsend, Tyne And Wear NE28 0AT	-	-	2	Semi-Detached House
£117.5K	11/23	0.76 mi	2, Rutherford Street, Wallsend, Tyne And Wear NE28 0AW	-	-	2	Semi-Detached House
£128K	02/23	0.76 mi	6, Coniston Road, Wallsend, Tyne And Wear NE28 0EY	£1,542	83	2	Semi-Detached House

Local Rents

24 rents from £550/mo to £1.2K/mo, average is £650/mo.

Rent	Date	Distance	Address	Beds	Type
£800	04/25	0.1 mi	-	2	Terraced House
£750	12/24	0.19 mi	-	2	Terraced House
£550	06/24	0.24 mi	South Terrace, Wallsend, NE28	2	Flat
£625	07/24	0.27 mi	Merlin Crescent, Rosehill	2	Flat
£600	02/25	0.29 mi	-	2	Flat
£725	05/24	0.43 mi	Savory Road, Wallsend	2	Detached House
£825	10/24	0.47 mi	-	2	Flat
£1,195	12/24	0.48 mi	Engine Inn Road, Wallsend	2	Terraced House
£650	06/24	0.49 mi	Wallsend, Tyne and Wear, NE28	2	Flat
£595	07/24	0.49 mi	Dene Crescent, Wallsend, Tyne and Wear, NE28	2	Flat
£875	04/25	0.5 mi	-	2	Terraced House
£550	07/24	0.51 mi	Dene Crescent, Wallsend	2	Flat
£550	07/24	0.51 mi	Dene Crescent, Wallsend	2	Flat
£700	07/24	0.51 mi	Oban Avenue, Wallsend, Tyne and Wear, NE28 0PU	2	Terraced House
£700	07/24	0.51 mi	Oban Avenue, Wallsend, Tyne and Wear, NE28 0PU	2	Terraced House
£650	11/23	0.53 mi	-	2	House
£695	11/24	0.53 mi	-	2	Flat
£695	05/24	0.55 mi	Caesar Way, Wallsend, NE28	2	Flat
£625	05/24	0.58 mi	-	2	House
£625	05/24	0.58 mi	-	2	House
£650	05/24	0.58 mi	Dene Crescent, Wallsend. NE28 7SN. Garden & Drive	2	Flat
£550	09/23	0.6 mi	-	2	Flat
£575	07/24	0.61 mi	High Street East, Wallsend, Tyne and Wear, NE28 7RX	2	Flat
£575	06/24	0.61 mi	Percy Street, Wallsend	2	Flat

Local Area Statistics

Population in NE28	44,51944,519
Population in Wallsend	44,52044,520
Town centre distance	0.36 miles away0.36 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+43%+43%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £100,000

January 21, 2025

Floor Plans

Description

Two Bedroom Semi Detached House +
Cul-De-Sac Location +
Great First Time Buy +
South Facing Rear Garden +
Close To Amenities +
Chain Free +
Council Tax Band A +
Freehold +
Energy Rating D +

THIS PROPERTY IS NOW "SALE AGREED" AND THERE ARE TO BE NO FURTHER VIEWINGS - WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE A PROPERTY TO SELL AND WANT ONE OF OUR "GONE" BOARDS TOO! PLEASE GET IN TOUCH

GUIDE PRICE £100,000 - £110,000

TWO BEDROOM SEMI DETACHED HOUSE CUL-DE-SAC LOCATION IDEAL FIRST TIME BUY

SOUTH FACING GARDEN TO REAR CLOSE TO LOCAL AMENITIES & BUS SERVICESCHAIN FREE FREEHOLD COUNCIL TAX BAND A ENERGY RATING D

Entrance Lobby - Glazed entrance door, inner door leading into the lounge.

Lounge - 5.53 x 3.57 (18'1" x 11'8") - Double glazed bow window, fireplace, laminate flooring, stairs to the first floor landing, radiators.

Kitchen/Diner - 3.55 x 2.64 (11'7" x 8'7") - Fitted with wall and base units with work surfaces over, integrated oven and hob, sink unit. Double glazed window, tiling to floor, door leading to the rear garden.

Landing - Access to bedrooms and bathroom.

Bedroom 1 - 3.56 x 2.98 (11'8" x 9'9") - Double glazed window, radiator.

Bedroom 2 - 3.58 x 2.68 (11'8" x 8'9") - Double glazed window, cupboard, radiator.

Bathroom - 2.61 x 1.41 (8'6" x 4'7") - Bath with shower over, WC and wash hand basin, part tiled walls, cupboard.

External - Externally there is a garden area to the front and a rear garden which is south facing.

Broadband And Mobile - At the time of marketing this information is correct.
Broadband: Superfast Speeds: Download: 74 Mbps Upload: 20 Mbps
Mobile: Indoor EE>Limited Three> Likely 02>Likley Vodafone>Limited
Mobile: Outdoor EE>Likely Three> Likely 02>Likley Vodafone>Likely

Flood Risks - At the time of marketing this information is correct.
Yearly chance of flooding:
Rivers and the sea: Very low risk.
Surface water: Very low risk.