3 Bed Semi-Detached House, Single Let, Cramlington, NE23 8HB, £174,950

Sheringham Drive, Cramlington, NE23 8HB - 1 views - 2 months ago

BTL
ROI: 5%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£89.3K - £245K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£164,538

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,738

Stamp Duty & Legal Fees

£6,599

Total Cash In

£50,336

 

 

Cash Out

 

Rent Range

£990 - £1,600

Rent Estimate

£997

Running Costs/mo

£766

Cashflow/mo

£231

Cashflow/yr

£2,771

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £89.3K to £245K, average is £148.5K. £1.1K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£140K11/230.04 mi26, Southwold Place, Cramlington, Northumberland NE23 8HE3
£131K12/230.06 mi7, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£152K10/230.06 mi23, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£125K02/230.07 mi31, Langdale Drive, Cramlington, Northumberland NE23 8EE3
£135K08/240.09 mi9, Ladykirk Way, Cramlington, Northumberland NE23 8DU3
£136K06/230.1 mi32, Shiel Gardens, Cramlington, Northumberland NE23 8HJ3
£115K09/210.1 mi1, Lytham Close, Cramlington, Northumberland NE23 8EB3
£89.3K11/200.1 mi3, Lytham Close, Cramlington, Northumberland NE23 8EB3
£155K01/240.11 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£155K01/240.11 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£190K03/230.12 mi32, Lindsey Close, Cramlington, Northumberland NE23 8EJ3
£125K08/230.13 mi23, Lochcraig Place, Cramlington, Northumberland NE23 8DB3
£130K02/210.15 mi6, Selborne Close, Cramlington, Northumberland NE23 8HL3
£125K03/210.16 mi78, Sudbury Way, Cramlington, Northumberland NE23 8HH3
£96.5K11/200.19 mi41, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£90.5K06/210.19 mi33, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£108K04/230.24 mi40, Longridge Way, Cramlington, Northumberland NE23 8DQ3
£175K09/230.25 mi99, Langdale Drive, Cramlington, Northumberland NE23 8EN3
£192.5K05/210.25 mi111, Langdale Drive, Cramlington, Northumberland NE23 8EW3
£125K08/230.38 mi95, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EZ3
£115.5K10/200.42 mi65, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EY3
£162.5K07/230.53 mi11, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EX3
£140K12/220.55 mi39, Blagdon Crescent, Nelson Village, Cramlington, Northumberland NE23 1HJ3
£237.5K11/220.56 mi26, Mirlaw Road, Cramlington, Northumberland NE23 6TY3
£205K08/210.56 mi5, Morwick Close, Cramlington, Northumberland NE23 6UE3
£120K11/210.63 mi39, Sunnyside, Cramlington, Northumberland NE23 6UU3
£142K06/210.64 mi9, Herdlaw, Cramlington, Northumberland NE23 6AH3
£182K05/240.64 mi8, Herdlaw, Cramlington, Northumberland NE23 6AH3
£238.5K12/220.64 mi3, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£180K12/220.64 mi25, Megstone Avenue, Cramlington, Northumberland NE23 6TU3
£168K04/210.71 mi7, Hareside, Cramlington, Northumberland NE23 6BH3
£192.5K02/230.71 mi1, Hareside, Cramlington, Northumberland NE23 6BH3
£145K06/210.72 mi15, Harnham Grove, Cramlington, Northumberland NE23 6AG3
£225K02/210.74 mi27, Harnham Grove, Cramlington, Northumberland NE23 6AQ3
£135K01/210.77 mi38, Highburn, Cramlington, Northumberland NE23 6BG3
£215K07/240.78 mi15, Newlyn Drive, Cramlington, Northumberland NE23 1RL3
£160K10/200.81 mi13, West Farm Court, Cramlington, Northumberland NE23 1AX3
£192K10/230.81 mi18, West Farm Court, Cramlington, Northumberland NE23 1AX3
£138K05/230.82 mi39, Newlyn Drive, Cramlington, Northumberland NE23 1RH3
£177K05/210.84 mi79, Highburn, Cramlington, Northumberland NE23 6BA3
£211K01/240.84 mi12, Debdon Place, Cramlington, Northumberland NE23 6DH3
£180K04/210.85 mi22, Northolt Avenue, Cramlington, Northumberland NE23 1RJ3
£245K09/230.85 mi13, Northolt Avenue, Parkside Chase, Cramlington, Northumberland NE23 1RJ3
£180K08/230.85 mi12, Nairn Road, Cramlington, Northumberland NE23 1RQ3
£125K11/220.85 mi23, Falmouth Walk, Cramlington, Northumberland NE23 1RU3
£115K04/230.87 mi17, Debdon Place, Cramlington, Northumberland NE23 6DJ3
£132.9K02/210.87 mi19, Needham Place, Cramlington, Northumberland NE23 1RF3
£116K03/240.9 mi43, Alexandra Way, Cramlington, Northumberland NE23 6EA3
£156K01/240.9 mi2, Fareham Way, Cramlington, Northumberland NE23 1TB3
£159K01/240.91 mi95, Newlyn Drive, Cramlington, Northumberland NE23 1RW3

Local Rents

20 rents from £990/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99007/240.14 mi-3
£1,20005/240.34 miLavender Way, West Meadows, Cramlington3
£1,02505/240.34 miClematis Court, West Meadows, Cramlington3
£1,05005/240.34 miClematis Court, West Meadows, Cramlington3
£1,05005/240.34 miClematis Court, West Meadows, Cramlington3
£1,05005/240.34 miClematis Court, West Meadows, Cramlington3
£1,05005/240.34 miClematis Court, West Meadows, Cramlington3
£1,02505/240.34 miClematis Court, Cramlington3
£1,00006/240.34 miClematis Court, West Meadows, Cramlington3
£99507/240.34 miBluebell Close, West Meadows, Cramlington3
£1,20007/240.34 miClematis Court, West Meadows, Cramlington3
£1,20007/240.34 miLavender Way, West Meadows, Cramlington3
£99505/240.35 miLavender Way, Cramlington3
£1,20006/240.38 mi3 bedroom Terraced House in Lavender Way, Cramlington3
£1,20007/240.38 mi3 bedroom End of Terrace House in Clematis Court, Cramlington3
£1,60005/240.38 miOld Crow Hall Lane, Cramlington, Northumberland, NE23 1BN3
£1,20005/240.44 miLavender Way, West Meadows, Cramlington3
£1,20007/240.57 miElder Drive, West Meadows, Cramlington, NE233
£1,10007/240.58 miHolly Way, West Meadows, Cramlington, NE233
£1,00007/240.59 miLittlestone Wynd, The Fairways, Cramlington, Newcastle Upon Tyne, NE233

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

0.57 miles away

Nearest school

0.10 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Price changed to £174,950

March 28, 2025

Listed for £179,950

February 13, 2025

Floor Plans

Description

  • Semi Detached House +
  • Three Bedrooms +
  • Extended +
  • Two Reception Rooms +
  • Garage +
  • Popular Residential Area +
  • Spacious Accommodation +
  • Well Presented +
  • Beacon Hill +
  • Close To Amenities +

* THREE BEDROOMS - SEMI DETACHED - *FREEHOLD - SINGLE GARAGE - LOW MAINTENANCE GARDEN - WELL PRESENTED - SPACIOUS ACCOMMODATION - MUST VIEW! *- GREAT FIRST TIME PURCHASE - EXTENDED *

Mike Rogerson Estate Agents are thrilled to bring to the sales market this fabulous three bedroom, semi detached extended property located on the quite Sheringham Drive, Beacon Hill, Cramlington.

The property will appeal to a vast range of buyers from buy-to-let investors or first time buyers, there is something for everyone.

Cramlington is a popular town located within easy commuting distance of the Tyneside conurbation. The shopping on offer in Cramlington is large and varied, with national supermarkets and chain stores clustered around the Manor Walks Shopping development, which also features a cinema and leisure centre. Cramlington was planned as a new town and features interconnected footpaths and cycle paths throughout, which connect the various estates and multitude of green spaces. Cramlington has excellent schools including the Cramlington Learning Village high school, doctors surgeries, sports clubs, public houses, restaurants and a train station.

The property has a large entrance porch to the rear elevation which leads into the spacious hallway. You have direct access to the kitchen, lounge, dining room and the accommodation to the first floor. The fitted kitchen is a modern white shaker style kitchen with a vast rage of wall and base units and contrasting work-tops. The kitchen is large enough to accommodate a breakfast table and chairs and includes integrated appliances such as a built in oven, grill, hob with an extractor hood over. The lounge is a large and bright room, benefiting from a UPVC double glazed window to the rear elevation and front garden. To the first floor there are three bedrooms, two of which are doubles and one single and a family bathroom.
Externally to the rear elevation is low maintenance patio area with astro turf and to the front elevation is gravelled areas with a paving slabbed walkway to the front entrance and access to the garage. 

The property also benefits from a single garage, gas central heating and double glazing. 

*We have been advised that the property is Freehold, however we recommend legal confirmation is sought from your conveyancer upon an offer being accepted. 

We anticipate a high level of interest in the property and therefor recommend an early viewing to appreciate the level of accommodation on offer.

To arrange a viewing please contact the Cramlington branch on option 1.

Agent Details

Mike Rogerson Estate Agents, Cramlington

01670 332963

Next Steps?

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