2 Bed Flat, Single Let, Hebburn, NE31 1AN, £80,000

Agincourt, Hebburn, NE31 1AN - 4 views - 2 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£42K - £103K
Sold Prices/m²£609/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,661
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£530 - £1,800

Rent Estimate

£550

Running Costs/mo

£380

Cashflow/mo

£170

Cashflow/yr

£2,040

ROI

8%

Gross Yield

8%

Local Sold Prices

52 sold prices from £42K to £103K, average is £79.5K. £609/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£65K05/210 mi24, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£90K05/210 mi10, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£92K12/200.11 mi36, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£84.5K01/210.11 mi17, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£75K02/210.16 mi16, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£82K09/220.18 mi109, Ellison Street, Hebburn, Tyne And Wear NE31 1EE2
£87.5K03/230.21 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£80K12/230.21 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£100K07/240.21 mi15, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£75K03/210.25 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.25 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£80K04/230.27 mi53, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K05/230.27 mi51, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£74K03/230.3 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£72K11/220.3 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£95K08/220.34 mi7, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£103K07/210.34 mi8, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£75K09/230.34 mi2, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£95K03/210.35 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£95K03/210.35 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£85K08/230.35 mi1, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£72K05/240.36 mi18, Victoria Street, Hebburn, Tyne And Wear NE31 1DY2
£65K11/220.36 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£83K04/220.41 mi72, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£80K03/230.41 mi5, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£86K12/220.41 mi86, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£85K04/240.41 mi70, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£50K01/210.41 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£82.5K04/220.44 mi5, May Close, Hebburn, Tyne And Wear NE31 1FD2
£68K07/230.46 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£42K10/200.5 mi23, Tweed Street, Hebburn, Tyne And Wear NE31 1XP2
£60K01/210.6 mi19, Station Road, Hebburn, Tyne And Wear NE31 1LA2
£85K07/220.61 mi33, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£85K12/200.62 mi25, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£87.5K04/210.62 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£83K10/210.62 mi32, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£79K01/230.62 mi29, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£100K04/230.62 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.62 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.62 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£62.5K09/210.64 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£68K03/220.64 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£77.5K03/230.65 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K04/230.65 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£69K01/210.67 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£72K10/230.67 mi131, Holly Avenue, Wallsend, Tyne And Wear NE28 6PE2
£53.3K09/230.67 mi137, Holly Avenue, Wallsend, Tyne And Wear NE28 6PE2
£69K11/220.68 mi27, Victoria Road West, Hebburn, Tyne And Wear NE31 1UZ2
£78K10/200.69 mi37, Wellington Street, Hebburn, Tyne And Wear NE31 2UQ2
£59.5K06/230.71 mi12, Limekiln Court, Wallsend, Tyne And Wear NE28 6QH2

Local Rents

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

RentDateDistanceAddressBeds 
£55005/240.01 miAgincourt, Hebburn2
£69505/240.04 mi-2
£65005/240.04 miHazelmoor, Hebburn2
£75007/240.04 miAgincourt, Hebburn, Tyne and Wear, NE312
£67505/240.08 mi-2
£1,80003/250.1 mi-2
£55005/240.17 miAshwood Croft, Hebburn2
£65007/240.27 miAnn Street, Hebburn, NE312
£70006/240.28 miChurch Street, Hebburn2
£53005/240.32 miVictoria Street, Hebburn2
£65003/250.36 mi-2
£65006/240.55 miWhickham Road, Hebburn, South Tyneside2
£65005/240.56 mi-2
£62507/240.56 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.59 mi-2
£75007/240.62 mi-2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.76 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £80,000

February 24, 2025

Description

  • Perfect First Time Buyer Opportunity +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious Lounge +
  • Large Kitchen +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Hebburn. With spacious lounge, large kitchen and easy access to local amenities, this is the perfect opportunity for First Time Buyer.

This well-kept home features 2 bedrooms, lounge, kitchen and bathroom.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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