3 Bed Terraced House, Single Let, Gateshead, NE11 9XH, £180,000

Redesdale Gardens, Dunston, Gateshead, Tyne and Wear, NE11 9XH - 4 views - 2 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£50K - £292K
Sold Prices/m²£694/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£176,582

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£833 - £1,300

Rent Estimate

£908

Running Costs/mo

£764

Cashflow/mo

£144

Cashflow/yr

£1,727

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £292K, average is £160K. £694/m² to £3.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£245K01/240.01 mi1, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£135K06/210.01 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£162K08/230.01 mi6, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£160K07/230.01 mi26, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£190K01/230.01 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£170K01/210.04 mi28a, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£172K01/240.07 mi52, Cypress Crescent, Gateshead, Tyne And Wear NE11 9XA3
£150K10/230.08 mi24, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£190K10/220.08 mi57, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£145K12/200.08 mi27, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£145K06/210.08 mi55, Woodside Gardens, Gateshead, Tyne And Wear NE11 9RB3
£275K12/220.08 mi13, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£137K07/230.09 mi29, Cedar Crescent, Dunston, Gateshead, Tyne And Wear NE11 9UU3
£120K04/210.1 mi6, Mount Grove, Gateshead, Tyne And Wear NE11 9XB3
£130K10/200.1 mi33, Mount Grove, Gateshead, Tyne And Wear NE11 9XB3
£162K05/210.11 mi19, Spinneyside Gardens, Gateshead, Tyne And Wear NE11 9RJ3
£50K12/200.13 mi14, Knightside Gardens, Gateshead, Tyne And Wear NE11 9RL3
£148K12/200.14 mi2, Cypress Crescent, Gateshead, Tyne And Wear NE11 9UY3
£147K08/210.16 mi7, Braeside, Gateshead, Tyne And Wear NE11 9RD3
£155K01/210.16 mi47, Braeside, Gateshead, Tyne And Wear NE11 9RD3
£150K03/230.17 mi10, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£140K10/230.17 mi17, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£176K10/230.17 mi18, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£158K03/230.17 mi20, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£172K05/210.17 mi28, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£152K02/210.17 mi36, Braeside, Gateshead, Tyne And Wear NE11 9RE3
£159.9K10/210.17 mi2, Moore Avenue, Gateshead, Tyne And Wear NE11 9UE3
£152K09/230.17 mi1, Moore Avenue, Gateshead, Tyne And Wear NE11 9UE3
£210K10/220.18 mi24, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£182K11/220.18 mi45, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£150K03/210.18 mi9, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£195K01/210.18 mi3, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£150K03/210.18 mi9, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£180K08/230.18 mi6, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QB3
£292K10/200.19 mi85, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD3
£199K01/210.19 mi58, Mountside Gardens, Gateshead, Tyne And Wear NE11 9QD3
£190K07/240.19 mi30, Percy Gardens, Gateshead, Tyne And Wear NE11 9RY3
£100K12/200.2 mi6, Wilson Street, Gateshead, Tyne And Wear NE11 9UB3
£160K07/220.21 mi13, Moorfoot Gardens, Gateshead, Tyne And Wear NE11 9LA3
£135K06/210.21 mi25, King George Avenue, Gateshead, Tyne And Wear NE11 9UP3
£153K12/230.23 mi1, Woodburn Gardens, Dunston, Gateshead, Tyne And Wear NE11 9RS3
£107K02/210.23 mi4, Kensington Terrace, Gateshead, Tyne And Wear NE11 9SL3
£185K02/210.23 mi40, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ3
£181K10/220.24 mi62, Knoll Rise, Gateshead, Tyne And Wear NE11 9QQ3
£220K10/210.24 mi13, Hillcrest Drive, Gateshead, Tyne And Wear NE11 9QS3
£170K07/210.24 mi43, Knoll Rise, Gateshead, Tyne And Wear NE11 9QQ3
£187K12/220.24 mi5, Woodburn Gardens, Dunston, Gateshead, Tyne And Wear NE11 9RS3
£140K01/230.25 mi130, Braeside, Gateshead, Tyne And Wear NE11 9RH3
£265K08/220.27 mi8, Finchale Close, Gateshead, Tyne And Wear NE11 9PW3
£120K07/210.27 mi64, Glebe Terrace, Gateshead, Tyne And Wear NE11 9NQ3

Local Rents

13 rents from £833/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£89503/250.15 mi-3
£89506/240.22 mi-3
£83303/250.29 mi-3
£87512/240.3 mi-3
£99507/240.44 miMalvern Gardens, Lobley Hill, Gateshead3
£90003/250.49 mi-3
£1,30006/240.54 mi-3
£99504/240.54 mi-3
£1,20011/240.57 mi-3
£1,25001/250.57 mi-3
£1,30006/240.59 miGlanville Close, Festival Park, Gateshead, Tyne and Wear, NE11 9TY3
£1,05005/240.61 miHawthorn House, Lobley Hill3
£1,25007/240.61 miRopery Road, Gateshead, NE83

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.33 miles away

Nearest school

0.40 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £180,000

February 12, 2025

Floor Plans

Description

  • Three bedrooms +
  • Terrace house +
  • Situated in Dunston +
  • Close to local amenities +
  • Rear garden +

Charming 3 Bedroom Mid Terrace Home. Recently Refurbished & Chain-Free

Located on Redesdale Gardens, Dunston, this beautifully refurbished three-bedroom mid-terrace property is an excellent opportunity for first-time buyers, families, or investors. Offered with no forward chain, this home is ready for immediate occupancy.

The property boasts a modern interior, having undergone recent renovations to provide a fresh and stylish living space.
The ground floor features a spacious lounge, a contemporary kitchen/diner, and a convenient utility/storage area.
Upstairs, you'll find three well-proportioned bedrooms and a newly fitted family bathroom.

Externally, the property benefits from off street parking to the front and a low-maintenance rear garden, perfect for outdoor relaxation.
Situated in a convenient location, it's within easy reach of local schools, shops, and transport links, making it an ideal choice for those seeking a well-connected home.

Don't miss this fantastic opportunity—viewing is highly recommended!

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Whickham

0191 607 1630

Next Steps?

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