2 Bed Terraced House, Single Let, Gateshead, NE9 7LB, £130,000

Hamsterley Crescent, Gateshead, NE9 7LB - a month ago

BTL
ROI: 1%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£49.5K - £220K
Sold Prices/m²£669/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£121,990

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,400

Total Cash In

£37,900

 

 

Cash Out

 

Rent Range

£600 - £900

Rent Estimate

£609

Running Costs/mo

£548

Cashflow/mo

£61

Cashflow/yr

£731

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £49.5K to £220K, average is £121.8K. £669/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£120K04/230.08 mi76, Rugby Gardens, Gateshead, Tyne And Wear NE9 7JX2
£65K01/240.08 mi5, Rugby Gardens, Gateshead, Tyne And Wear NE9 7JU2
£100K11/220.1 mi13, Marlborough Crescent, Gateshead, Tyne And Wear NE9 7JY2
£85K11/220.15 mi1, Victoria Terrace, Wrekenton, Gateshead, Tyne And Wear NE9 7JT2
£115K02/240.16 mi12, Easington Avenue, Gateshead, Tyne And Wear NE9 7LH2
£95K06/210.26 mi16, Heatherdale Terrace, Gateshead, Tyne And Wear NE9 7US2
£123K08/230.26 mi8, Heatherdale Terrace, Gateshead, Tyne And Wear NE9 7US2
£75K12/200.34 mi3, Cleadon Gardens, Gateshead, Tyne And Wear NE9 7BA2
£116K05/230.35 mi17, Brandon Gardens, Gateshead, Tyne And Wear NE9 7BD2
£145K10/230.39 mi34, Wrekenton Row, Gateshead, Tyne And Wear NE9 7JD2
£105K07/240.39 mi23, Carnforth Gardens, Gateshead, Tyne And Wear NE9 6YH2
£117.5K12/200.42 mi23, Stanley Gardens, Gateshead, Tyne And Wear NE9 7EN2
£148K12/220.42 mi23, Stanley Gardens, Gateshead, Tyne And Wear NE9 7EN2
£141.5K04/240.42 mi2, Stanley Gardens, Gateshead, Tyne And Wear NE9 7EN2
£120.5K06/210.43 mi12, Stainton Gardens, Gateshead, Tyne And Wear NE9 7EH2
£107.5K09/210.45 miAshleigh, Wrekenton Row, Gateshead, Tyne And Wear NE9 7JE2
£49.5K11/220.48 mi39, Gorsehill, Gateshead, Tyne And Wear NE9 6SE2
£103K06/210.48 mi2, Beacon Lough Road, Gateshead, Tyne And Wear NE9 6YS2
£100K12/200.49 mi11, Carnforth Gardens, Gateshead, Tyne And Wear NE9 6YE2
£112K10/230.51 mi116, Lanchester Avenue, Gateshead, Tyne And Wear NE9 7AN2
£167.8K01/230.51 mi11, Hilldyke, Gateshead, Tyne And Wear NE9 7HQ2
£95K05/210.52 mi56, Binsby Gardens, Gateshead, Tyne And Wear NE9 7HR2
£190K10/230.53 mi15, Hilldyke, Gateshead, Tyne And Wear NE9 7HQ2
£105K12/200.57 mi91, Easedale Gardens, Gateshead, Tyne And Wear NE9 6PZ2
£129.7K04/210.58 mi106, Easedale Gardens, Gateshead, Tyne And Wear NE9 6PX2
£122K10/210.6 mi133, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NP2
£130K08/230.6 mi133, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NP2
£122.5K04/210.6 mi10, Carlisle Place, Gateshead, Tyne And Wear NE9 6YW2
£158K03/210.61 mi36, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY2
£170K02/230.61 mi32, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY2
£209.9K09/210.61 mi29, Meadow Rise, Gateshead, Tyne And Wear NE9 6GB2
£120K03/230.61 mi15, Harewood Green, Gateshead, Tyne And Wear NE9 7BZ2
£140K04/230.61 mi2, Grisedale Gardens, Gateshead, Tyne And Wear NE9 6NN2
£120K11/200.61 mi11, Cypress Road, Gateshead, Tyne And Wear NE9 7XE2
£125K04/230.61 mi8, Cypress Road, Gateshead, Tyne And Wear NE9 7XE2
£155K09/230.63 mi80, Beacon Lough Road, Gateshead, Tyne And Wear NE9 6TA2
£120K03/230.63 mi15, Troutbeck Gardens, Gateshead, Tyne And Wear NE9 6PU2
£136K05/230.63 mi35, Troutbeck Gardens, Gateshead, Tyne And Wear NE9 6PU2
£120K10/200.64 mi30, Dykes Way, Gateshead, Tyne And Wear NE10 8QL2
£89K01/210.64 mi38, Dykes Way, Gateshead, Tyne And Wear NE10 8QL2
£100K01/210.65 mi70, Dykes Way, Gateshead, Tyne And Wear NE10 8QN2
£104K01/210.65 mi62, Dykes Way, Gateshead, Tyne And Wear NE10 8QN2
£220K09/230.66 mi4, Loweswater Road, Gateshead, Tyne And Wear NE9 6TN2
£121.8K01/240.66 mi63, Brampton Gardens, Gateshead, Tyne And Wear NE9 6PT2
£121.8K01/240.66 mi63, Brampton Gardens, Gateshead, Tyne And Wear NE9 6PT2
£190K02/230.66 mi38, Southend Road, Gateshead, Tyne And Wear NE9 6XT2
£165.3K06/210.67 mi40, Celandine Way, Gateshead, Tyne And Wear NE10 8QP2
£146K05/220.67 mi60, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP2
£135K06/230.67 mi8, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP2
£127.5K07/230.67 mi54, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP2
£124.5K07/230.67 mi33, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP2

Local Rents

13 rents from £600/mo to £900/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£69502/240.09 mi-2
£62512/230.1 mi-2
£68508/230.12 mi-2
£65006/240.27 miChopwell Gardens, Wrekenton, Gateshead, NE92
£77506/240.44 miPenrith Gardens, Low Fell2
£80007/240.47 miGalloping Green Road, Gateshead2
£75006/240.47 miCrosby Gardens, Lyndhurst, Gateshead, NE92
£75006/240.47 miCrosby Gardens, Lyndhurst, Gateshead, NE92
£90006/240.54 miHilldyke, Eighton Banks, Gateshead, NE92
£60005/240.55 miColtsfoot Gardens, Windy Nook, Gateshead, Tyne And Wear, NE102
£79506/240.58 miCypress Road, Eighton Banks, NE92
£60006/240.58 miGrisedale Gardens, Low Fell, Gateshead, NE92
£65008/240.6 mi-2

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.92 miles away

Nearest school

0.10 miles away

Nearest train station

1.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Price changed to £130,000

February 28, 2025

Listed for £140,000

February 14, 2025

Description

  • Two Bedrooms +

  • Fitted Kitchen +

  • Modern Bathroom +

  • Gardens +

  • Council Tax Band A +

  • EPC Rating D +

Appealing to a wide range of potential purchasers is this end terraced home with GARDENS and offering living space which includes a lounge/diner with patio doors to the rear garden, FITTED KITCHEN, two bedrooms, one of which with a dressing area/nursery and there is a MODERN FAMILY BATHROOM. The location offers convenient access to the shops, schools and amenities Wrekenton has to offer whilst transport routes and services provide commuter links to the surrounding areas.

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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