3 Bed Semi-Detached House, Single Let, Gateshead, NE10 8PY, £115,000

Bleachfeld, Leam Lane, Gateshead, NE10 8PY - 5 views - 2 months ago

Sold STC
BTL
ROI: 11%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£41.7K - £240K
Sold Prices/m²£521/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£140,302
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£775 - £1,050

Rent Estimate

£856

Running Costs/mo

£551

Cashflow/mo

£305

Cashflow/yr

£3,665

ROI

11%

Gross Yield

9%

Local Sold Prices

51 sold prices from £41.7K to £240K, average is £132K. £521/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£116K06/210 mi46, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£41.7K09/230 mi29, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£125K12/220.06 mi31, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.07 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.07 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£135K08/230.07 mi26, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K01/210.09 mi24, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£118K05/230.09 mi19, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£129.9K06/210.14 mi70, Redemarsh, Gateshead, Tyne And Wear NE10 8PS3
£118K01/210.17 mi53, Monkton, Gateshead, Tyne And Wear NE10 8NU3
£160K08/230.19 mi123, Meresyde, Gateshead, Tyne And Wear NE10 8PE3
£145K05/230.19 mi26, Creslow, Gateshead, Tyne And Wear NE10 9AP3
£133K01/230.2 mi69, Fallowfeld, Gateshead, Tyne And Wear NE10 8QD3
£140K08/210.27 mi88, Cotemede, Gateshead, Tyne And Wear NE10 8JR3
£195K03/210.27 mi15, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£155K04/210.27 mi3, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£128K08/230.29 mi127, Cotemede, Gateshead, Tyne And Wear NE10 8JT3
£105K05/210.3 mi58, Chevington, Gateshead, Tyne And Wear NE10 8LA3
£165K01/230.32 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£132K04/210.32 mi65, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£129.3K08/230.32 mi25, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£118.5K03/210.33 mi7, St Edmunds Drive, Gateshead, Tyne And Wear NE10 9AE3
£155K01/230.33 mi4, Grange Crescent, Gateshead, Tyne And Wear NE10 8UY3
£133K12/200.33 mi22, Whitehill, Gateshead, Tyne And Wear NE10 8NQ3
£137K06/230.33 mi6, Whitehill, Gateshead, Tyne And Wear NE10 8NQ3
£105K01/210.34 mi25, Hartburn, Gateshead, Tyne And Wear NE10 8JE3
£97K03/210.35 mi24, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£140K04/230.35 mi20, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£111K03/210.35 mi4, Whyndyke, Gateshead, Tyne And Wear NE10 8NP3
£125K05/230.35 mi78, Whyndyke, Gateshead, Tyne And Wear NE10 8NP3
£144K01/210.36 mi24, Harleston Way, Gateshead, Tyne And Wear NE10 9BH3
£105K04/210.37 mi9, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£146K04/210.37 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£135K03/220.37 mi35, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£133K01/230.37 mi12, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£112.5K03/210.39 mi15, Wardle Gardens, Gateshead, Tyne And Wear NE10 9XA3
£150.5K07/210.39 mi12, Wardle Gardens, Gateshead, Tyne And Wear NE10 9XA3
£118K10/210.39 mi5, Warrenmor, Gateshead, Tyne And Wear NE10 8XD3
£125K06/210.39 mi17, Millbrook, Gateshead, Tyne And Wear NE10 9XF3
£96K10/210.4 mi97, Chevington, Gateshead, Tyne And Wear NE10 8SB3
£99K03/210.41 mi24, Hallgarth, Gateshead, Tyne And Wear NE10 8XJ3
£125K10/210.41 mi20, Cotemede, Gateshead, Tyne And Wear NE10 8JQ3
£141K11/200.41 mi12, Bolburn, Gateshead, Tyne And Wear NE10 8XB3
£177K11/200.41 mi19, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£225K02/230.41 mi14, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£97K05/230.42 mi80, Wealcroft, Gateshead, Tyne And Wear NE10 8QR3
£225K08/220.42 mi6, Westfield, Gateshead, Tyne And Wear NE10 8NF3
£155K06/230.43 mi4, Staneway, Gateshead, Tyne And Wear NE10 8LR3
£150.5K03/230.43 mi79, Millford, Gateshead, Tyne And Wear NE10 8JJ3
£240K06/220.45 mi65, Harleston Way, Gateshead, Tyne And Wear NE10 9BQ3
£210K04/230.46 mi47, Sunderland Road Villas, Gateshead, Tyne And Wear NE10 8HD3

Local Rents

13 rents from £775/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90007/240.12 miRedemarsh, Leam Lane, Gateshead, Tyne And Wear, NE103
£90008/240.19 miMeresyde, Gateshead, Tyne And Wear, NE103
£87505/240.2 miGateshead, Gateshead, NE103
£87503/240.2 mi-3
£77505/240.27 miCotemede, Gateshead, Tyne And Wear, NE103
£92511/240.3 mi-3
£95002/250.36 mi-3
£82003/250.5 mi-3
£1,00007/240.53 miMillford, Leam Lane, Gateshead3
£1,05006/240.6 miWatermill Lane, Gateshead, NE103
£1,05006/240.6 mi-3
£1,00006/240.6 miWatermill Lane, Felling, Gateshead, Tyne And Wear, NE103
£85006/240.6 miPontdyke, Leam Lane, Gateshead, Tyne And Wear, NE103

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £115,000

January 27, 2025

Description

  • Three Bedrooms +

  • Fitted Dining Kitchen +

  • Gardens +

  • Popular Location +

  • Council Tax Band A +

  • EPC Rating D +

WELL PRESENTED semi detached home with gardens to the front and rear and appealing to a wide range of potential purchasers including first time buyers, families and investors. The living space includes a lovely dual aspect lounge, FITTED DINING KITCHEN, three bedrooms and a bathroom. Ideally situated for access to the shopping facilities and amenities Leam Lane has to offer 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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