3 Bed Semi-Detached House, Single Let, Gateshead, NE10 8TP, £135,000

Kirkwood Gardens, Gateshead, NE10 8TP - 1 views - 2 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£85K - £257.6K
Sold Prices/m²£981/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£154,119
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£725 - £1,000

Rent Estimate

£738

Running Costs/mo

£589

Cashflow/mo

£149

Cashflow/yr

£1,782

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £85K to £257.6K, average is £145.5K. £981/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£175K01/210.05 mi40, Broadside, Gateshead, Tyne And Wear NE10 8XR3
£116.6K03/210.07 mi28, Bondfield Gardens, Gateshead, Tyne And Wear NE10 8TY3
£187.5K10/220.1 mi42, Broadside, Gateshead, Tyne And Wear NE10 8XR3
£163K02/230.16 mi9, Galloway Road, Gateshead, Tyne And Wear NE10 0BF3
£130K04/210.17 mi10, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£123.5K11/200.17 mi1, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£170K06/210.19 mi52, Kirkwood Gardens, Gateshead, Tyne And Wear NE10 8TP3
£170K09/220.2 mi54, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£148.8K01/210.2 mi30, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£156K12/200.2 mi21, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£205K11/200.2 mi1, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£165K05/230.21 mi14, Thirlmere, Gateshead, Tyne And Wear NE10 0XJ3
£175K05/230.21 mi6, Dunkeld Close, Gateshead, Tyne And Wear NE10 8WH3
£177.5K06/230.21 mi15, Dunkeld Close, Gateshead, Tyne And Wear NE10 8WH3
£145K05/230.23 mi70, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£146K11/200.23 mi66, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£142.3K12/200.24 mi57, Manor Gardens, Gateshead, Tyne And Wear NE10 8TD3
£192K07/230.24 mi21, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£105K12/200.24 mi13, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RD3
£122.5K03/210.26 mi1, Webb Gardens, Gateshead, Tyne And Wear NE10 8EH3
£128K11/210.28 mi6, Woodbine Terrace, Pelaw, Gateshead, Tyne And Wear NE10 0QJ3
£125K08/230.28 mi77, Coniston, Gateshead, Tyne And Wear NE10 0XD3
£123.5K11/210.28 mi55, Coniston, Gateshead, Tyne And Wear NE10 0XB3
£125K10/200.29 mi21, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£152K03/230.29 mi9, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£125K02/210.29 mi19, Eastburn Gardens, Gateshead, Tyne And Wear NE10 0RN3
£120K02/210.29 mi1, Henderson Gardens, Gateshead, Tyne And Wear NE10 8EQ3
£165K12/200.3 mi4, Dene Gardens, Gateshead, Tyne And Wear NE10 0RT3
£134K02/230.3 mi17, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£130K03/210.31 mi4, Frazer Terrace, Gateshead, Tyne And Wear NE10 0YA3
£152K04/230.31 mi13, Priestley Gardens, Gateshead, Tyne And Wear NE10 8ET3
£165K01/210.31 mi19, Rannoch Close, Wardley, Gateshead, Tyne And Wear NE10 8GB3
£125K11/200.32 mi3, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£139K09/210.32 mi8, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£257.6K07/220.32 mi1, Parklands Court, Gateshead, Tyne And Wear NE10 8YJ3
£130K06/210.34 mi64, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RE3
£143K04/210.34 mi40, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RE3
£85K02/230.34 mi48, Duke Street, Pelaw, Gateshead, Tyne And Wear NE10 0QQ3
£115K06/210.34 mi65, Rothbury Avenue, Gateshead, Tyne And Wear NE10 0QY3
£159K04/210.35 mi24, Manor Gardens, Gateshead, Tyne And Wear NE10 8UZ3
£150K02/210.35 mi3, Grange Court, Gateshead, Tyne And Wear NE10 8EY3
£93K10/220.36 mi62, Station Road, Bill Quay, Gateshead, Tyne And Wear NE10 0RS3
£204.8K03/230.36 mi23, Parklands Way, Wardley, Gateshead, Tyne And Wear NE10 8GA3
£195K08/210.37 mi2, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£205.4K08/230.37 mi17, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£100K12/220.37 mi1, South Parade, Gateshead, Tyne And Wear NE10 0RX3
£140K03/210.37 mi20, Morris Gardens, Gateshead, Tyne And Wear NE10 8TH3
£160.2K01/230.37 mi23, Morris Gardens, Gateshead, Tyne And Wear NE10 8TH3
£110K02/230.37 mi11, Croxdale Gardens, Gateshead, Tyne And Wear NE10 0RP3
£210K04/230.37 mi47, Sunderland Road Villas, Gateshead, Tyne And Wear NE10 8HD3

Local Rents

13 rents from £725/mo to £1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£88006/240.24 mi-3
£75006/240.26 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£75007/240.26 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£75007/240.32 miChesterwood Terrace, Bill Quay, NE103
£95009/230.33 mi-3
£75002/250.33 mi-3
£79512/240.34 mi-3
£72507/240.36 miYork Street, Pelaw, Gateshead3
£72509/240.36 mi-3
£85006/240.38 miWreken Gardens, Gateshead, NE103
£97512/230.43 mi-3
£1,00007/240.5 miMillford, Leam Lane, Gateshead3
£89508/240.58 mi-3

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £135,000

February 10, 2025

Description

  • Three Bedrooms +
  • Semi Detached House +
  • Gardens +
  • Two Allocated Parking Bays +
  • Council Tax Band B +
  • EPC Rating C +

A WELL PRESENTED semi detached home appealing to a wide range of potential purchasers including first time buyers and families alike. The living space includes a lounge with patio doors to the lovely rear garden, FITTED KITCHEN with open access to a dining area, three bedrooms and a bathroom. Externally, the property further boasts TWO ALLOCATED PARKING BAYS.

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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