3 Bed Terraced House, Single Let, Gateshead, NE10 8XW, £165,000

4 Broadbank, Gateshead, NE10 8XW - 2 views - 2 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£93K - £257.6K
Sold Prices/m²£981/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£158,831

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£725 - £1,000

Rent Estimate

£738

Running Costs/mo

£683

Cashflow/mo

£55

Cashflow/yr

£657

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £93K to £257.6K, average is £147.4K. £981/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£175K01/210.02 mi40, Broadside, Gateshead, Tyne And Wear NE10 8XR3
£187.5K10/220.05 mi42, Broadside, Gateshead, Tyne And Wear NE10 8XR3
£130K04/210.12 mi10, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£123.5K11/200.12 mi1, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£116.6K03/210.12 mi28, Bondfield Gardens, Gateshead, Tyne And Wear NE10 8TY3
£170K09/220.13 mi54, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£148.8K01/210.13 mi30, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£156K12/200.13 mi21, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£205K11/200.13 mi1, Kenmore Close, Gateshead, Tyne And Wear NE10 8WJ3
£175K05/230.14 mi6, Dunkeld Close, Gateshead, Tyne And Wear NE10 8WH3
£177.5K06/230.14 mi15, Dunkeld Close, Gateshead, Tyne And Wear NE10 8WH3
£170K06/210.15 mi52, Kirkwood Gardens, Gateshead, Tyne And Wear NE10 8TP3
£142.3K12/200.17 mi57, Manor Gardens, Gateshead, Tyne And Wear NE10 8TD3
£163K02/230.2 mi9, Galloway Road, Gateshead, Tyne And Wear NE10 0BF3
£165K01/210.24 mi19, Rannoch Close, Wardley, Gateshead, Tyne And Wear NE10 8GB3
£257.6K07/220.25 mi1, Parklands Court, Gateshead, Tyne And Wear NE10 8YJ3
£145K05/230.26 mi70, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£146K11/200.26 mi66, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£125K11/200.26 mi3, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£139K09/210.26 mi8, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£165K05/230.27 mi14, Thirlmere, Gateshead, Tyne And Wear NE10 0XJ3
£159K04/210.28 mi24, Manor Gardens, Gateshead, Tyne And Wear NE10 8UZ3
£152K04/230.29 mi13, Priestley Gardens, Gateshead, Tyne And Wear NE10 8ET3
£192K07/230.29 mi21, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£120K02/210.29 mi1, Henderson Gardens, Gateshead, Tyne And Wear NE10 8EQ3
£204.8K03/230.29 mi23, Parklands Way, Wardley, Gateshead, Tyne And Wear NE10 8GA3
£122.5K03/210.3 mi1, Webb Gardens, Gateshead, Tyne And Wear NE10 8EH3
£105K12/200.3 mi13, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RD3
£165K12/200.31 mi4, Dene Gardens, Gateshead, Tyne And Wear NE10 0RT3
£140K03/210.31 mi20, Morris Gardens, Gateshead, Tyne And Wear NE10 8TH3
£160.2K01/230.31 mi23, Morris Gardens, Gateshead, Tyne And Wear NE10 8TH3
£125K10/200.32 mi21, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£152K03/230.32 mi9, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£125K02/210.33 mi19, Eastburn Gardens, Gateshead, Tyne And Wear NE10 0RN3
£125K08/230.33 mi77, Coniston, Gateshead, Tyne And Wear NE10 0XD3
£134K02/230.34 mi17, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£123.5K11/210.34 mi55, Coniston, Gateshead, Tyne And Wear NE10 0XB3
£128K11/210.35 mi6, Woodbine Terrace, Pelaw, Gateshead, Tyne And Wear NE10 0QJ3
£219K05/230.36 mi33, Parklands, Gateshead, Tyne And Wear NE10 8YP3
£165K03/210.37 mi36, Penshaw View, Wardley, Gateshead, Tyne And Wear NE10 8BJ3
£140K11/210.37 mi41, Whitemere Gardens, Gateshead, Tyne And Wear NE10 8BE3
£132K01/230.37 mi66, Whitemere Gardens, Gateshead, Tyne And Wear NE10 8BE3
£150K12/220.37 mi27, Whitemere Gardens, Gateshead, Tyne And Wear NE10 8BE3
£130K03/210.38 mi4, Frazer Terrace, Gateshead, Tyne And Wear NE10 0YA3
£93K10/220.38 mi62, Station Road, Bill Quay, Gateshead, Tyne And Wear NE10 0RS3
£100K12/220.38 mi1, South Parade, Gateshead, Tyne And Wear NE10 0RX3
£150K02/210.38 mi3, Grange Court, Gateshead, Tyne And Wear NE10 8EY3
£220.5K02/230.39 mi12, Braemar Court, Gateshead, Tyne And Wear NE10 0SW3
£130K06/210.39 mi64, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RE3
£143K04/210.39 mi40, King Street, Pelaw, Gateshead, Tyne And Wear NE10 0RE3

Local Rents

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

RentDateDistanceAddressBeds 
£88006/240.17 mi-3
£75006/240.21 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£75007/240.21 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£85006/240.31 miWreken Gardens, Gateshead, NE103
£75007/240.33 miChesterwood Terrace, Bill Quay, NE103
£97512/230.37 mi-3
£95009/230.37 mi-3
£79512/240.4 mi-3
£75004/250.4 mi-3
£72507/240.43 miYork Street, Pelaw, Gateshead3
£72509/240.43 mi-3
£1,00007/240.48 miMillford, Leam Lane, Gateshead3
£89508/240.5 mi-3

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

2.05 miles away

Nearest school

0.10 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £165,000

February 19, 2025

Description

Located on Broadbank in the popular area of Wardley, this charming end-link terraced house presents an excellent opportunity for first-time buyers and families alike. The property is well presented throughout, offering a warm and inviting atmosphere. Upon entering, you are greeted by a spacious entrance hallway that seamlessly flows into a delightful dining room, providing an ideal space for family meals and entertaining guests. The kitchen, conveniently accessible from the dining area, is well-equipped and functional, making it a joy to prepare meals. The living room is a standout feature of the home, boasting French doors that open directly onto the rear garden. This creates a wonderful connection between indoor and outdoor living, perfect for enjoying sunny days. The first floor landing leads to three bedrooms, each offering a comfortable retreat for rest and relaxation. The bathroom is also located on this level, providing essential amenities for the household. Outside, the property benefits from gardens both at the front and rear. The front garden includes a driveway, ensuring ample off-street parking for residents and visitors. The rear garden features a lovely patio area, ideal for alfresco dining, alongside a well-maintained lawn and garden sheds for additional storage. This delightful home in Broadbank is not only well-located but also offers a perfect blend of comfort and practicality, making it an ideal choice for those looking to settle in a vibrant community. Don’t miss the chance to make this lovely house your new home.

Dining Room/Reception Hallway - 3.66m x 2.68m (12'0" x 8'9") -

Kitchen - 3.70m x 1.59m (12'1" x 5'2") -

Living Room - 4.31m x 3.24m (14'1" x 10'7") -

First Floor Landing -

Bedroom One - 3.25m x 2.56m (10'7" x 8'4") -

Bedroom Two - 2.61m x 2.20m (8'6" x 7'2") -

Bedroom Three - 2.47m x 1.71m (8'1" x 5'7") -

Family Bathroom - 2.07m x 1.65m (6'9" x 5'4") -

External -

Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.

Agent Details

Gordon Brown Estate Agents Ltd, Gateshead

0191 625 0751

Next Steps?

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