2 Bed Terraced House, Single Let, Hebburn, NE31 1ED, £110,000

Parliament Street, Hebburn, NE31 1ED - 1 views - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£58K - £265K
Sold Prices/m²£649/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£126,934
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£530 - £1,800

Rent Estimate

£535

Running Costs/mo

£471

Cashflow/mo

£64

Cashflow/yr

£771

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £58K to £265K, average is £119K. £649/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£85K07/210.02 mi4a, Parliament Street, Hebburn, Tyne And Wear NE31 1ED2
£88K09/210.03 mi16, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£90K01/240.03 mi58, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K10/200.03 mi50, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£81K02/210.04 mi30, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£58K01/210.06 mi13, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£117K10/220.07 mi118, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£70K02/230.08 mi116, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£108K02/210.1 mi19, Pinewood, Hebburn, Tyne And Wear NE31 1YP2
£135K05/210.11 mi168, Ellison Street, Hebburn, Tyne And Wear NE31 1BW2
£127K10/230.14 mi26, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£113K09/210.2 mi61, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£93K05/240.2 mi39, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£180K06/230.25 mi63, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£265K02/240.25 mi73, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£118K08/240.27 mi70, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£122.5K06/240.27 mi88, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£120K02/230.27 mi71, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£127.5K07/240.28 mi60, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£130K06/240.28 mi56, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£133K11/210.31 mi21, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£160K12/230.31 mi44, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£133K11/200.31 mi16, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£124K04/210.31 mi6, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£122.6K06/230.42 mi25, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PP2
£130K11/220.45 mi13, Rede Avenue, Hebburn, Tyne And Wear NE31 1QT2
£130.3K11/230.47 mi39, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£125K03/240.48 mi39, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£102.5K07/210.48 mi18, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£124K06/230.48 mi60, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£118K10/220.49 mi65, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£95K04/210.5 mi56, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND2
£70K04/230.52 mi14, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB2
£75K03/240.53 mi98, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HA2
£130K09/230.55 mi1, Graham Road, Hebburn, Tyne And Wear NE31 1NA2
£70K02/210.55 mi18, Shakespeare Avenue, Hebburn, Tyne And Wear NE31 1PT2
£67.5K02/210.56 mi99, Tennant Street, Hebburn, Tyne And Wear NE31 1LN2
£115K12/200.58 mi22, Montrose Crescent, Hebburn, Tyne And Wear NE31 1TF2
£115K06/230.61 mi11, Wordsworth Avenue, Hebburn, Tyne And Wear NE31 1QE2
£130K05/230.64 mi56, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW2
£120K01/230.65 mi19, Waverdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4JY2
£103.1K05/210.66 mi3, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT2
£90K02/240.66 mi18, Union Street, Wallsend, Tyne And Wear NE28 6BW2
£93.3K01/230.67 mi8, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£109.5K11/230.67 mi24, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£150.5K03/230.67 mi39, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£147K06/240.67 mi19, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£125K04/240.67 mi9, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£160K12/230.69 mi1, Garden Drive, Hebburn, Tyne And Wear NE31 1LU2
£164K08/240.7 mi7, Nidsdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4LN2

Local Rents

21 rents from £530/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65007/240.03 miAnn Street, Hebburn, NE312
£70006/240.04 miChurch Street, Hebburn2
£53005/240.08 miVictoria Street, Hebburn2
£65003/250.09 mi-2
£55005/240.12 miAshwood Croft, Hebburn2
£1,80003/250.2 mi-2
£67505/240.21 mi-2
£65005/240.24 miHazelmoor, Hebburn2
£69505/240.27 mi-2
£55005/240.28 miAgincourt, Hebburn2
£75007/240.3 miAgincourt, Hebburn, Tyne and Wear, NE312
£75007/240.43 mi-2
£65005/240.49 mi-2
£65006/240.49 miWhickham Road, Hebburn, South Tyneside2
£62507/240.52 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.55 mi-2
£60004/240.58 mi-2
£57505/240.58 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£62507/240.58 mi-2
£62506/240.58 miVictoria Road West, Hebburn, NE312
£72506/240.59 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.72 miles away

Nearest school

0.40 miles away

Nearest train station

0.71 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £110,000

February 20, 2025

Description

  • Two Bedroom +
  • Terrace Property +
  • Modern Kitchen +
  • Stylish Bathroom +
  • Private Rear Yard +
  • Perfect First Time Buyers Home +
  • Close to Metro Station & Bus Routes +
  • Walking Distance To Town Centre +

This delightful 2-bedroom terraced house presents a unique opportunity for those seeking the perfect first-time buyer's home. Situated in a convenient and desirable neighbourhood, this terrace property boasts a contemporary feel while retaining a sense of homely warmth.

Upon entering the property, you are welcomed via the entrance hall which leads into the lovely lounge that has been thoughtfully designed for both style and functionality. The lounge has stairs to the first floor and access to the kitchen. The modern kitchen is a sleek design with high gloss cabinetry, there is access to stylish bathroom, a perfect space to enjoy a relaxing soak with P-shape bath and modern finishing touches.

To the first floor, the property features two generously proportioned bedrooms, offering comfortable accommodation for residents or guests.

One of the property's standout features is the private rear yard, providing a secluded outdoor space that is perfect for enjoying a morning coffee or evening drinks. This space offers the opportunity for al fresco dining or simply unwinding in the fresh air. The perfect turn-key property for those looking to take their first steps on the property ladder, this stylish home is ready to move into with little effort, decorated in cool neutral tones, offering a blank canvas for you to style as you wish!

Conveniently located close to a Metro station and bus routes, commuting from this property is a breeze, offering easy access to surrounding areas and amenities. For those who prefer to explore on foot, the property is within walking distance to the town centre, providing a plethora of shops, restaurants, and entertainment options to enjoy.

In summary, this 2-bedroom terraced house offers a blend of modern comforts and convenient living in a highly desirable location. With its stylish interiors, private outdoor space, and proximity to key transport links and amenities, this property represents a rare opportunity to secure a charming home in a prime location. Don't miss the chance to make this house your own and start creating memories that will last a lifetime. Contact us today to schedule a viewing and experience the magic of this unique property for yourself.

Agent Details

Conway Christie, South Tyneside

0191 905 2852

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪