3 Bed Terraced House, Single Let, Gateshead, NE9 6XW, £190,000

12 Redruth Gardens, Low Fell, NE9 6XW - 2 months ago

Sold STC
BTL
77 m²
+12 photos

ValuationUndervalued

Sold Prices£75K - £342.5K
Sold Prices/m²£1K/m² - £3.7K/m²

 

 

Square Metres

77 m²
Price/m²£2.5K/m²

Value Estimate

£197,436
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Total Cash In

£59,500

 

 

Cash Out

 

Rent Range

£695 - £1,650

Rent Estimate

£729

Running Costs/mo

£760

Cashflow/mo

£-31

Cashflow/yr

£-367

Gross Yield

5%

Local Sold Prices

49 sold prices from £75K to £342.5K, average is £200K. £1K/m² to £3.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K10/210.01 mi26, Redruth Gardens, Gateshead, Tyne And Wear NE9 6XW3
£209.9K06/210.01 mi10, Redruth Gardens, Gateshead, Tyne And Wear NE9 6XW3
£190K01/240.01 mi28, Redruth Gardens, Gateshead, Tyne And Wear NE9 6XW3
£125K05/210.07 mi17, Padstow Gardens, Gateshead, Tyne And Wear NE9 6TW3
£230K08/210.08 mi61, Salcombe Gardens, Gateshead, Tyne And Wear NE9 6UD3
£178K08/230.08 mi27, Salcombe Gardens, Gateshead, Tyne And Wear NE9 6UD3
£260K01/240.11 mi56, Berkdale Road, Gateshead, Tyne And Wear NE9 6LB3
£230K10/230.16 mi9, St Austell Gardens, Gateshead, Tyne And Wear NE9 6UZ3
£275K08/230.17 mi18, Gleneagles Road, Low Fell, Gateshead, Tyne And Wear NE9 6JS3
£216K10/230.18 mi14, Cheddar Gardens, Gateshead, Tyne And Wear NE9 6UH3
£195K03/210.19 mi58, Dartmouth Avenue, Gateshead, Tyne And Wear NE9 6NW3
£182.8K04/230.19 mi60, Dartmouth Avenue, Gateshead, Tyne And Wear NE9 6NW3
£120K08/230.19 mi127, Hertford, Gateshead, Tyne And Wear NE9 6EG3
£75K05/210.2 mi98, Woodford, Gateshead, Tyne And Wear NE9 6RG3
£120K02/230.22 mi72, Woodford, Gateshead, Tyne And Wear NE9 6RG3
£230K07/230.22 mi4, Longniddry Court, Gateshead, Tyne And Wear NE9 6JX3
£215K04/230.23 mi97, Dartmouth Avenue, Gateshead, Tyne And Wear NE9 6NX3
£218.5K11/200.23 mi6, Ravenswood Gardens, Gateshead, Tyne And Wear NE9 6JR3
£197K02/210.25 mi12, Dorchester Gardens, Gateshead, Tyne And Wear NE9 6UY3
£214.9K03/210.25 mi10, St Andrews Drive, Gateshead, Tyne And Wear NE9 6JT3
£175K12/200.25 mi4, St Andrews Drive, Gateshead, Tyne And Wear NE9 6JT3
£300K10/210.26 mi31, Chowdene Bank, Gateshead, Tyne And Wear NE9 6JL3
£200K09/230.27 mi28, Torquay Gardens, Gateshead, Tyne And Wear NE9 6XB3
£195K01/210.27 mi5, Torquay Gardens, Gateshead, Tyne And Wear NE9 6XB3
£90K08/210.27 mi56, Gainford, Gateshead, Tyne And Wear NE9 6PW3
£240K09/210.28 mi9, Portland Gardens, Gateshead, Tyne And Wear NE9 6UX3
£175K01/210.28 mi21, Newquay Gardens, Gateshead, Tyne And Wear NE9 6UU3
£127.5K02/230.29 mi45, Woodford, Gateshead, Tyne And Wear NE9 6QG3
£95K03/240.29 mi44, Gainford, Gateshead, Tyne And Wear NE9 6PF3
£230K01/210.3 mi6, Linton Road, Gateshead, Tyne And Wear NE9 6XL3
£249.9K05/210.31 mi96, Cromer Avenue, Gateshead, Tyne And Wear NE9 6UL3
£342.5K08/230.31 mi29, Cromer Avenue, Gateshead, Tyne And Wear NE9 6UL3
£110K10/230.32 mi45, Hertford, Gateshead, Tyne And Wear NE9 6DG3
£99K12/230.32 mi29, Kennford, Gateshead, Tyne And Wear NE9 6AG3
£181K03/240.38 mi32, Cromer Avenue, Gateshead, Tyne And Wear NE9 6UJ3
£106K07/210.38 mi57, Ashford, Gateshead, Tyne And Wear NE9 6TG3
£81.5K07/230.38 mi71, Ashford, Gateshead, Tyne And Wear NE9 6TG3
£120K07/240.38 mi69, Ashford, Gateshead, Tyne And Wear NE9 6TG3
£233K02/210.41 mi23, Sidmouth Road, Gateshead, Tyne And Wear NE9 6US3
£116K03/210.41 mi35, Woodford, Gateshead, Tyne And Wear NE9 6PG3
£210K11/230.43 mi5, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£171K03/210.43 mi7, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£215K09/230.43 mi52, Cedars Green, Gateshead, Tyne And Wear NE9 6QE3
£260K09/230.47 mi19, Oakwood Avenue, Gateshead, Tyne And Wear NE9 6PR3
£250K04/220.48 mi12, Flexbury Gardens, Harlow Green, Gateshead, Tyne And Wear NE9 7TH3
£245K02/230.52 mi1, Beechwood Avenue, Gateshead, Tyne And Wear NE9 6PP3
£236.1K07/230.52 mi31, Briermede Avenue, Gateshead, Tyne And Wear NE9 6AE3
£304K09/230.53 mi12, Rotherfield Gardens, Gateshead, Tyne And Wear NE9 7TL3
£235K10/230.55 mi12, Earlswood Avenue, Gateshead, Tyne And Wear NE9 6AH3

Local Rents

20 rents from £695/mo to £1.6K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£95007/240.04 miSalcombe Gardens, Low Fell, NE93
£1,25006/240.17 miWells Gardens, Low Fell3
£1,25007/240.17 miWells Gardens, Low Fell3
£69506/240.38 miAshford, Gateshead, NE93
£1,05003/250.63 mi-3
£85006/240.63 miHarraby Gardens, Low Fell, Gateshead, NE93
£75007/240.77 miHarewood Green, Gateshead3
£77506/240.78 miWesley Street, Low Fell, Gateshead3
£89506/240.78 miCherrytree Gardens, Low Fell3
£75006/240.79 miBramhope Green, Harlow Green, Gateshead, NE93
£80007/240.8 miMillbeck Gardens, Gateshead, Tyne And Wear, NE93
£1,39506/240.85 miChurch Road, Low Fell3
£80007/240.93 miSeaham Gardens, Wrekenton3
£99509/240.93 mi-3
£85007/240.99 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£1,29506/241.13 miDryden Road, Low Fell, Gateshead, Tyne and Wear, NE93
£1,45003/231.16 mi-3
£1,40004/231.16 mi-3
£1,65008/241.16 mi-3
£1,50006/241.16 miJoicey Road, Gateshead, NE93

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

1.37 miles away

Nearest school

0.30 miles away

Nearest train station

2.40 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £190,000

February 19, 2025

Description

Nestled in the highly sought-after area of Redruth Gardens, this immaculate terraced house presents an exceptional opportunity for those seeking a comfortable and stylish home. With convenient access to major transport routes and local amenities, this property is ideally situated for modern living.
Upon entering, you are greeted by a welcoming hallway that leads into a spacious living room, complete with a contemporary TV wall, perfect for relaxation and entertainment. The adjoining dining room features elegant French doors that open onto a beautifully designed decked patio, seamlessly blending indoor and outdoor living. The open access to the kitchen enhances the flow of the home, making it an ideal space for family gatherings and social occasions. The kitchen is well-equipped with integrated appliances, including an oven, dishwasher, washing machine, and fridge/freezer, ensuring that all your culinary needs are met. The first floor comprises three well-proportioned bedrooms, providing ample space for family or guests, along with a family bathroom. The property boasts a lovely outlook, with gardens at both the front and rear, enhancing its appeal. The rear garden has been thoughtfully designed by the current vendor, featuring a composite decked patio and a raised sun terrace, creating a perfect setting for outdoor entertaining or simply enjoying the sunshine. This delightful terraced house is a true gem, and viewing is essential to fully appreciate the quality and charm it offers. Don’t miss the chance to make this wonderful property your new home.

Entrance Hallway -

Living Room - 4.25m x 4.12m (13'11" x 13'6") -

Dining Room - 2.75m x 2.50m (9'0" x 8'2") -

Kitchen - 2.75m x 2.70m (9'0" x 8'10") -

First Floor Landing -

Bedroom One - 3.94m x 3.20m (12'11" x 10'5") -

Bedroom Two - 3.06m x 2.79m (10'0" x 9'1") -

Bedroom Three - 2.95m x 1.94m (9'8" x 6'4") -

Family Bathroom - 2.30m x 1.65m (7'6" x 5'4") -

External -

Garage In Block -

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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