3 Bed Detached House, Single Let, Gateshead, NE9 6GE, £250,000

4 Meadow Rise, Sheriff Hill, Gateshead, Tyne & Wear, NE9 6GE - 1 views - a month ago

Sold STC
BTL
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£68K - £291.5K
Sold Prices/m²£814/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£178,061

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£703

Running Costs/mo

£942

Cashflow/mo

£-239

Cashflow/yr

£-2,866

Gross Yield

3%

Local Sold Prices

51 sold prices from £68K to £291.5K, average is £160K. £814/m² to £4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£215K01/210.03 mi6, Tamarisk Way, Gateshead, Tyne And Wear NE9 6GD3
£210K06/210.03 mi21, Tamarisk Way, Gateshead, Tyne And Wear NE9 6GD3
£252K08/220.03 mi17, Tamarisk Way, Gateshead, Tyne And Wear NE9 6GD3
£260K05/220.03 mi30, Meadow Rise, Gateshead, Tyne And Wear NE9 6GE3
£190K03/230.03 mi44, Meadow Rise, Gateshead, Tyne And Wear NE9 6GE3
£170K07/210.11 mi65, Bluebell Close, Gateshead, Tyne And Wear NE9 6RH3
£110K10/200.12 mi46, Coltsfoot Gardens, Gateshead, Tyne And Wear NE10 9RE3
£78.5K07/230.12 mi92, Coltsfoot Gardens, Gateshead, Tyne And Wear NE10 9RE3
£180K04/210.12 mi7, Bluebell Close, Gateshead, Tyne And Wear NE9 6RH3
£160K04/210.12 mi20, Bluebell Close, Gateshead, Tyne And Wear NE9 6RF3
£95K01/210.13 mi36, Gorsehill, Gateshead, Tyne And Wear NE9 6SH3
£80K07/210.13 mi34, Gorsehill, Gateshead, Tyne And Wear NE9 6SH3
£100K01/230.14 mi40, Fernlough, Gateshead, Tyne And Wear NE9 6SL3
£86.5K05/240.14 mi1, Fernlough, Gateshead, Tyne And Wear NE9 6SL3
£198K09/230.15 mi10, Crossfield Park, Felling, Gateshead, Tyne And Wear NE10 9SA3
£176.5K08/230.15 mi36, Crossfield Park, Felling, Gateshead, Tyne And Wear NE10 9SA3
£88K12/200.2 mi27, Heatherlaw, Gateshead, Tyne And Wear NE9 6RY3
£68K10/200.2 mi28, Heatherlaw, Gateshead, Tyne And Wear NE9 6RY3
£100K11/210.2 mi28, Heatherlaw, Gateshead, Tyne And Wear NE9 6RY3
£115K03/210.27 mi4, Beacon Rise, Gateshead, Tyne And Wear NE9 6RJ3
£134K02/230.27 mi4, Beacon Rise, Gateshead, Tyne And Wear NE9 6RJ3
£72K03/210.28 mi19, Brackenlaw, Gateshead, Tyne And Wear NE9 6RU3
£92K07/210.28 mi9, Brackenlaw, Gateshead, Tyne And Wear NE9 6RU3
£70K03/210.28 mi6, Larkspur, Gateshead, Tyne And Wear NE9 6SA3
£180K01/210.28 mi139, Windy Nook Road, Gateshead, Tyne And Wear NE10 9RJ3
£94K08/240.31 mi7, Whinlaw, Gateshead, Tyne And Wear NE9 6RS3
£176.3K12/230.34 mi10, Railton Gardens, Gateshead, Tyne And Wear NE9 6RB3
£232K10/200.35 mi9, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY3
£188.5K07/210.35 mi14, Coniston Gardens, Gateshead, Tyne And Wear NE9 6XY3
£98K05/230.36 mi6, Aspenlaw, Gateshead, Tyne And Wear NE9 6SW3
£90K08/230.37 mi16, Bramblelaw, Gateshead, Tyne And Wear NE9 6RX3
£150K12/200.38 mi43, Dykes Way, Gateshead, Tyne And Wear NE10 8QL3
£155K08/230.38 mi1, Hodkin Gardens, Gateshead, Tyne And Wear NE9 6RA3
£168K12/230.38 mi17, Wythburn Place, Gateshead, Tyne And Wear NE9 6YT3
£237.5K12/220.4 mi9, Rosewood Gardens, Gateshead, Tyne And Wear NE9 5RX3
£157K10/230.41 mi5, Penrith Gardens, Gateshead, Tyne And Wear NE9 6YN3
£200K07/230.41 mi68, Dykes Way, Gateshead, Tyne And Wear NE10 8QN3
£200K07/230.41 mi68, Dykes Way, Gateshead, Tyne And Wear NE10 8QN3
£170.5K09/230.43 mi11, Evenwood Gardens, Gateshead, Tyne And Wear NE9 5RT3
£280.5K01/210.44 mi18, Church Road, Gateshead, Tyne And Wear NE9 5RD3
£215K04/220.44 mi2, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£130K06/230.46 mi6, Doddington Villas, Gateshead, Tyne And Wear NE10 9DB3
£168.5K02/230.47 mi12, Bowness Place, Gateshead, Tyne And Wear NE9 6YX3
£152.5K02/210.47 mi25, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£170K04/230.47 mi2, Glynwood Gardens, Gateshead, Tyne And Wear NE9 5RR3
£118K01/240.48 mi19, Seascale Place, Gateshead, Tyne And Wear NE9 6YP3
£187.5K03/210.48 mi10, Celandine Way, Windy Nook, Gateshead, Tyne And Wear NE10 8QP3
£157K02/210.49 mi96, Celandine Way, Gateshead, Tyne And Wear NE10 8QW3
£105K02/230.5 mi11, Greenbourne Gardens, Gateshead, Tyne And Wear NE10 9TD3
£206K10/230.51 mi15, Larne Crescent, Gateshead, Tyne And Wear NE9 5RP3
£291.5K12/200.51 miMaxton, Church Drive, Gateshead, Tyne And Wear NE9 5RB3

Local Rents

11 rents from £695/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£72506/240.14 miFernlough, Gateshead, NE93
£72506/240.14 mi-3
£89905/240.26 mi-3
£70006/240.34 miCauseway, Sheriff Hill, Gateshead, Tyne And Wear, NE93
£1,20003/250.46 mi-3
£82506/240.52 miHopper Road, Windy Nook, Gateshead, NE103
£69512/230.55 mi-3
£85007/240.57 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£89506/240.58 miFlorence Avenue, Low Fell, Gateshead, NE93
£79507/240.59 mi-3
£79507/240.59 miSheriffs Highway, Gateshead, NE93

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £250,000

February 19, 2025

Floor Plans

Description

  • THREE BEDROOM DETACHED HOME +
  • WELL PRESENTED MODERN DECOR THROUGHOUT +
  • GREAT LOCATION +
  • MODERN FITTED KITCHEN +
  • SEPARATE UTILITY ROOM +
  • DOWNSTAIRS W.C. +
  • THREE GOOD SIZE BEDROOMS +
  • GARAGE AND DRIVEWAY PARKING +
  • WELL MAINTAINED REAR AND FRONT GARDEN +
  • EARLY VIEWING IS RECOMMENDED +

With fantastic views to the rear elevation, we are pleased to introduce to the market this THREE BEDROOM DETACHED home. This immaculately presented property is perfect for a growing family and comes with the benefit of gas central heating and UPVC double glazing. The property has a great position on this popular residential development which lies close to the Queen Elizabeth Hospital. Comprising of a spacious lounge which opens onto the dining room, white modern fitted kitchen with integral cooking appliances, utility room, downstairs w.c, three bedrooms with the master having and en-suite shower room and beautiful re-fitted bathroom with Jacuzzi bath. There are gardens to the front and double drive to a single garage and to the rear there is an enclosed garden with sun patio, lawn and decking area. Early viewing comes highly recommended.

Entrance Hall -

Lounge - 3.96m x 3.15m (13 x 10'4) -

Dining - 3.40m x 2.49m (11'2 x 8'2) -

Kitchen - 2.82m x 2.44m (9'3 x 8) -

Utility - 1.47m x 1.47m (4'10 x 4'10) -

Downstairs W.C. - 1.47m x 0.89m (4'10 x 2'11) -

Bedroom One - 3.58m x 3.15m (11'9 x 10'4) -

Ensuite - 2.72m x 1.52m (8'11 x 5) -

Bedroom Two - 3.48m x 3.15m (11'5 x 10'4) -

Bedroom Three - 3.05m x 1.93m (10 x 6'4) -

Bathroom - 2.03m x 1.70m (6'8 x 5'7) -

External -

Disclaimer Sales - The particulars on these properties are set out as a general guidance for intended purchasers or tenants, and do not constitute part of an offer or contract. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. All dimensions, descriptions and distances, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility. Any intending purchasers or tenants should not rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Measurements have been taken using a laser distance meter and may be subject to a margin of error. For further information see the Consumer Protection from Unfair Trading Regulations.

Agent Details

Carousel Estate Agents, Gateshead

0191 625 1023

Next Steps?

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