3 Bed Flat, Single Let, Gateshead, NE8 4PA, £80,000
Windsor Avenue, Gateshead, NE8 4PA - 2 months ago
Leasehold
Auction
BTL
ROI: 13%
~93 m²





+4 photos
ValuationUndervalued
Sold Prices | £58.3K - £185.5K |
Sold Prices/m² | £696/m² - £2.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £860/m² |
Value Estimate | £100,000 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £20,000 |
Stamp Duty & Legal Fees | £3,600 |
Total Cash In | £23,600 |
| |
Cash Out | |
Rent Range | £595 - £8,333 |
Rent Estimate | £650 |
Running Costs/mo | £400 |
Cashflow/mo | £250 |
Cashflow/yr | £3,000 |
ROI | 13% |
Gross Yield | 10% |
Local Sold Prices
27 sold prices from £58.3K to £185.5K, average is £103K. £696/m² to £2.4K/m², average is £1.2K/m².
Local Rents
50 rents from £595/mo to £8.3K/mo, average is £850/mo.
Local Area Statistics
Population in NE8 | 32,358 |
Population in Gateshead | 122,353 |
Town centre distance | 0.94 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.98 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +64% |
Sales demand | Balanced market |
Capital growth (5yrs) | +15% |
Property History
Listed for £80,000
January 28, 2025
Floor Plans

Description
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