3 Bed Terraced House, Single Let, Hebburn, NE31 2AT, £105,000

32 Eastbourne Parade, Hebburn, NE31 1PP, United Kingdom - 2 views - 3 months ago

BTL
ROI: 9%
~93

ValuationUndervalued











Cashflows



































Property History

Listed for £105,000

February 4, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Tenant In Situ +
  • Rent from Day 1 +
  • No Chain +
  • EPC Rating C +
  • Ample Transport Links +
  • On-Street Parking +

Welcome to Eastbourne Parade. This property is a three-bedroom, one-bathroom terraced house on Eastbourne Parade, Hebburn. Keep reading to find out what makes this property unique!

Investment Opportunity- Tenant in Situ:

This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods.

Prime Location:

This property enjoys a prime location with easy access to essential amenities as well as being a 17-minute drive from Silverlink Retail Park and only a 19-minute drive to Newcastle City Centre. Its convenient position between both Gateshead and Newcastle ensures the property will always attract tenants. The property also has ample transport links nearby, being a 6-minute drive to Hebburn Metro, making daily life convenient and hassle-free.

Enclosed Garden:

Outdoor space is a desirable feature for tenants and results in longer tenancies. This is key when looking for a good investment deal.

Downstairs you are greeted by a small porch area, perfect for extra storage. You then enter into the living room that features a built-in electric fireplace and laminate flooring. The U-shape kitchen features ample cabinetry, tiled splash back tiles and tiled flooring. It also includes integrated appliances, such as an oven and a hob, the kitchen and living room both lead to the rear hallway which has built in storage housing the combi gas boiler and also a UPVC glazed rear door leading to the rear yard.

Upstairs the first floor landing has built in storage and loft access hatch. There are three bedrooms, two double bedrooms, and one single bedroom, all with laminate flooring. The master bedroom features built in double sliding door wardrobes. You also have a family bathroom on the first floor, this has a white suite consisting of bath with mains hand held shower head, toilet and wash basin. The bathroom is fully tiled on both the floor and the walls.

Externally you have an enclosed large garden to the front of the property and a large yard space with outhouse to the rear. Parking is on-street.

Brand new Combi boiler fitted 2024.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.

Early viewing is highly recommended.

Council Tax Band: A (South Tyneside Council)
Tenure: Freehold

Agent Details

NGU HOMES, Gateshead

0191 625 0172

Next Steps?

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

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