3 Bed Terraced House, Single Let, Gateshead, NE9 7PG, £160,000

Aldsworth Close, Springwell, Gateshead, Tyne and Wear, NE9 7PG - 2 months ago

BTL
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£83K - £375K
Sold Prices/m²£965/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£139,638

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,899

Total Cash In

£46,899

 

 

Cash Out

 

Rent Range

£600 - £3,500

Rent Estimate

£650

Running Costs/mo

£650

Cashflow/mo

£0

Cashflow/yr

£0

Gross Yield

5%

Local Sold Prices

50 sold prices from £83K to £375K, average is £142.3K. £965/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£155K06/230.03 mi51, Highworth Drive, Gateshead, Tyne And Wear NE9 7NP3
£139K12/200.04 mi26, Aldsworth Close, Gateshead, Tyne And Wear NE9 7PG3
£165K07/240.07 mi6, Victoria Terrace, Springwell, Gateshead, Tyne And Wear NE9 7PH3
£145.5K07/240.09 mi4, Charlbury Close, Gateshead, Tyne And Wear NE9 7NL3
£175K09/210.1 mi1, Highworth Drive, Gateshead, Tyne And Wear NE9 7NN3
£137.5K06/230.12 mi14, Heugh Hill, Gateshead, Tyne And Wear NE9 7NR3
£120K04/210.13 mi3, Hawthorn Terrace, Springwell, Gateshead, Tyne And Wear NE9 7SN3
£130K05/230.14 mi53, Heugh Hill, Gateshead, Tyne And Wear NE9 7NS3
£230K04/210.15 mi43, Uplands Way, Gateshead, Tyne And Wear NE9 7NQ3
£320K01/210.15 miSimonstone, Stoney Lane, Gateshead, Tyne And Wear NE9 7SJ3
£375K12/230.15 miSimonstone, Stoney Lane, Gateshead, Tyne And Wear NE9 7SJ3
£158K11/230.19 mi5, Fell Place, Gateshead, Tyne And Wear NE9 7RL3
£155K11/230.19 mi5, Oakwood Close, Gateshead, Tyne And Wear NE9 7SX3
£355K02/240.23 mi1, Fairhaven, Springwell, Gateshead, Tyne And Wear NE9 7QZ3
£290K06/220.24 mi18, Fairhaven, Springwell, Gateshead, Tyne And Wear NE9 7QZ3
£189.9K04/230.24 mi90, Beech Grove, Gateshead, Tyne And Wear NE9 7RE3
£205K11/230.24 mi68, Beech Grove, Gateshead, Tyne And Wear NE9 7RE3
£165K11/200.25 mi3, Meadowfield, Gateshead, Tyne And Wear NE9 7QL3
£182.5K08/230.3 mi3, Windsor Terrace, Springwell, Gateshead, Tyne And Wear NE9 7QN3
£215K08/240.3 mi4, Windsor Terrace, Springwell, Gateshead, Tyne And Wear NE9 7QN3
£109K12/230.35 mi202, Donvale Road, Washington, Tyne And Wear NE37 1DX3
£98.5K11/200.36 mi264, Donvale Road, Washington, Tyne And Wear NE37 1DZ3
£115K12/200.36 mi284, Donvale Road, Washington, Tyne And Wear NE37 1DZ3
£127.5K06/210.36 mi214, Donvale Road, Washington, Tyne And Wear NE37 1DU3
£119K08/230.36 mi217, Donvale Road, Washington, Tyne And Wear NE37 1DU3
£135K11/220.36 mi214, Donvale Road, Washington, Tyne And Wear NE37 1DU3
£175K08/210.38 mi1, Clifton Court, Springwell, Gateshead, Tyne And Wear NE9 7QH3
£210K01/230.38 mi25, Doncrest Road, Washington, Tyne And Wear NE37 1ED3
£129K10/230.41 mi121, Donvale Road, Washington, Tyne And Wear NE37 1DP3
£104K12/200.41 mi125, Donvale Road, Washington, Tyne And Wear NE37 1DP3
£98K10/200.41 mi238, Donvale Road, Washington, Tyne And Wear NE37 1DS3
£250K05/210.42 miGlenesk, Peareth Hall Road, Washington, Tyne And Wear NE37 1NR3
£105K07/210.44 mi90, Donvale Road, Washington, Tyne And Wear NE37 1DL3
£100K04/230.44 mi145, Donvale Road, Washington, Tyne And Wear NE37 1DL3
£107K03/230.44 mi141, Donvale Road, Washington, Tyne And Wear NE37 1DL3
£83K04/210.45 mi62, Donvale Road, Washington, Tyne And Wear NE37 1DQ3
£122.5K09/230.45 mi62, Donvale Road, Washington, Tyne And Wear NE37 1DQ3
£100K08/230.46 mi59, Wellburn Road, Washington, Tyne And Wear NE37 1DA3
£105K12/220.48 mi82, Donvale Road, Washington, Tyne And Wear NE37 1DJ3
£112.5K12/200.48 mi94, Wellburn Road, Washington, Tyne And Wear NE37 1DD3
£88K06/230.48 mi89, Wellburn Road, Washington, Tyne And Wear NE37 1DD3
£112.5K10/230.48 mi107, Wellburn Road, Washington, Tyne And Wear NE37 1DD3
£164K03/220.48 mi12, Farm Close, Washington, Tyne And Wear NE37 1EG3
£203.5K01/220.51 mi9, The Farthings, Washington, Tyne And Wear NE37 1PG3
£105K03/210.51 mi72, St Andrews Avenue, Washington, Tyne And Wear NE37 1AG3
£150K08/230.51 mi45, St Andrews Avenue, Washington, Tyne And Wear NE37 1AG3
£215K02/230.51 mi13, Farm Close, Washington, Tyne And Wear NE37 1EG3
£91.5K12/200.51 mi32, Donvale Road, Washington, Tyne And Wear NE37 1DF3
£210K01/210.51 mi3, Wellgarth Road, Washington, Tyne And Wear NE37 1EA3
£255K01/210.51 mi9, Wellgarth Road, Washington, Tyne And Wear NE37 1EA3

Local Rents

34 rents from £600/mo to £3.5K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£65008/240.14 mi-3
£85006/240.25 miMeadowfield, Springwell Village, Gateshead, NE9, Tyne and Wear3
£77507/240.47 mi-3
£75006/240.54 miWellburn Road, Washington3
£2,25006/240.66 mi-3
£2,25006/240.66 mi-3
£2,70803/250.66 mi-3
£95006/240.73 miKingsdale Avenue, Washington3
£2,75007/240.75 miWentworth Drive, Usworth3
£75007/240.8 miBrackenway, Albany, Washington, Tyne And Wear, NE37 3
£80003/250.84 mi-3
£77512/230.86 mi-3
£60004/240.91 mi-3
£72505/240.93 miCoach Road Estate,Washington, Tyne And Wear3
£75005/240.93 miThe Pantiles, Washington, Tyne and Wear, NE37 2TU3
£70006/240.94 miCrossgill, Albany, Washington, Tyne and Wear, NE373
£65907/230.94 mi-3
£75006/240.96 mi-3
£75007/240.96 mi-3
£85006/240.99 miPontdyke, Leam Lane, Gateshead, Tyne And Wear, NE103
£66012/231.02 mi-3
£67506/241.02 miHeatherlea Place, Washington, Tyne And Wear, NE373
£67505/241.03 miBridekirk, Washington3
£79503/251.05 mi-3
£79506/241.06 mi-3
£65006/241.12 miArklecrag, Albany,Washington, Tyne and Wear, NE373
£69505/241.15 mi-3
£80003/251.15 mi-3
£77506/241.18 miRichardson Terrace, Washington, Tyne and Wear, NE37 2QJ3
£82003/251.18 mi-3
£85012/241.2 mi-3
£75006/241.2 miStridingedge, Washington3
£80007/241.23 miSeaham Gardens, Wrekenton3
£3,50003/251.24 mi-3

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

2.07 miles away

Nearest school

0.20 miles away

Nearest train station

2.19 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Price changed to £160,000

March 20, 2025

Price changed to £180,000

March 4, 2025

Listed for £189,950

February 3, 2025

Description

  • Three bedrooms +
  • Fully renovated +
  • Garage and driveway +
  • Front and back gardens +

We welcome for sale an exquisite 3-bedroom end-terrace home nestled in the heart of the sought-after Springwell neighborhood in Gateshead. This fully renovated property offers a perfect blend of modern sophistication and cozy charm, making it an ideal choice for families, professionals, or first-time buyers. The area is well-served by educational institutions. Springwell Village Primary School is approximately 380 yards away, providing primary education within walking distance. For secondary education, Washington Academy is about 1.3 miles away, and Cardinal Hume Catholic School in Gateshead is 1.4 miles from the property.

In Brief this property consists of Entrance / Hallway with double doors leading into an open plan living room and dining area which remote control lighting throughout. The kitchen has been modernized with grey high gloss wall and base units, black quartz worktops, integrated appliances which include Fridge / freezer / Washing machine / Dishwasher / induction hob and extractor and quettle tap.

To the first floor there is a fully tiled walk in shower-room, three bedrooms and loft access via drop down ladders.

Externally the property benefits from a front garden with picturesque views. A private tiered garden to the rear, rear driveway with detached garage and EV Charging point installed.

Contact us today to arrange a viewing

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Washington

0191 625 0857

Next Steps?

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