3 Bed Semi-Detached House, Single Let, Gateshead, NE10 8UY, £170,000

Grange Crescent, Leam Lane, NE10 8UY - 2 views - a month ago

Sold STC
Leasehold
BTL
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£41.7K - £375K
Sold Prices/m²£521/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£138,032

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£725 - £1,000

Rent Estimate

£750

Running Costs/mo

£701

Cashflow/mo

£49

Cashflow/yr

£585

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £41.7K to £375K, average is £135K. £521/m² to £2.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£165K01/230.01 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£155K01/230.06 mi4, Grange Crescent, Gateshead, Tyne And Wear NE10 8UY3
£105K04/210.07 mi9, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£146K04/210.07 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£135K03/220.07 mi35, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£133K01/230.07 mi12, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£118K10/210.07 mi5, Warrenmor, Gateshead, Tyne And Wear NE10 8XD3
£141K11/200.1 mi12, Bolburn, Gateshead, Tyne And Wear NE10 8XB3
£133K01/230.15 mi69, Fallowfeld, Gateshead, Tyne And Wear NE10 8QD3
£150K02/210.17 mi3, Grange Court, Gateshead, Tyne And Wear NE10 8EY3
£99K03/210.17 mi24, Hallgarth, Gateshead, Tyne And Wear NE10 8XJ3
£210K04/230.17 mi47, Sunderland Road Villas, Gateshead, Tyne And Wear NE10 8HD3
£177K11/200.19 mi19, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£225K02/230.19 mi14, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£160K08/230.22 mi123, Meresyde, Gateshead, Tyne And Wear NE10 8PE3
£125K10/200.23 mi21, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£152K03/230.23 mi9, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£120K02/210.25 mi1, Henderson Gardens, Gateshead, Tyne And Wear NE10 8EQ3
£132K04/210.27 mi65, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£129.3K08/230.27 mi25, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£122.5K03/210.28 mi1, Webb Gardens, Gateshead, Tyne And Wear NE10 8EH3
£146K11/200.28 mi66, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£145K05/230.28 mi70, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£134K02/230.29 mi17, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£149.9K08/230.3 mi41, Meresyde, Gateshead, Tyne And Wear NE10 8UL3
£125K08/230.3 mi77, Coniston, Gateshead, Tyne And Wear NE10 0XD3
£116K06/210.32 mi46, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£41.7K09/230.32 mi29, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£192K07/230.32 mi21, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£125K12/220.33 mi31, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.33 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.33 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£135K08/230.33 mi26, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£118.5K03/210.34 mi7, St Edmunds Drive, Gateshead, Tyne And Wear NE10 9AE3
£152K04/230.34 mi13, Priestley Gardens, Gateshead, Tyne And Wear NE10 8ET3
£123.5K11/210.38 mi55, Coniston, Gateshead, Tyne And Wear NE10 0XB3
£120K03/210.39 mi5, Swyntoft, Gateshead, Tyne And Wear NE10 8BS3
£165K05/230.39 mi14, Thirlmere, Gateshead, Tyne And Wear NE10 0XJ3
£110K01/210.4 mi24, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£118K05/230.4 mi19, Brandywell, Gateshead, Tyne And Wear NE10 8PX3
£97K03/210.4 mi24, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£140K04/230.4 mi20, Coverdale, Gateshead, Tyne And Wear NE10 8HU3
£105K01/210.41 mi11, Lingey Lane, Gateshead, Tyne And Wear NE10 8BR3
£195K03/210.41 mi15, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£155K04/210.41 mi3, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£129.9K06/210.41 mi70, Redemarsh, Gateshead, Tyne And Wear NE10 8PS3
£170K06/210.41 mi52, Kirkwood Gardens, Gateshead, Tyne And Wear NE10 8TP3
£195K08/210.42 mi2, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£205.4K08/230.42 mi17, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£140K08/210.42 mi88, Cotemede, Gateshead, Tyne And Wear NE10 8JR3
£375K06/210.45 miMeldon, High Heworth Lane, Gateshead, Tyne And Wear NE10 0PB3

Local Rents

14 rents from £725/mo to £1K/mo, average is £878/mo.

RentDateDistanceAddressBeds 
£90008/240.22 miMeresyde, Gateshead, Tyne And Wear, NE103
£1,00007/240.27 miMillford, Leam Lane, Gateshead3
£90007/240.34 miRedemarsh, Leam Lane, Gateshead, Tyne And Wear, NE103
£77505/240.42 miCotemede, Gateshead, Tyne And Wear, NE103
£87505/240.43 miGateshead, Gateshead, NE103
£87503/240.43 mi-3
£75006/240.49 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£75007/240.49 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£92511/240.54 mi-3
£97512/230.56 mi-3
£95002/250.58 mi-3
£72509/240.59 mi-3
£88006/240.6 mi-3
£85006/240.62 miWreken Gardens, Gateshead, NE103

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £170,000

February 25, 2025

Description

  • Exceptional Family Home With Stylish Decor +
  • Great Location Within Proximity To Schools, Parks, Main Road Links & Metro Stations +
  • Extensive Corner Plot With Ample Outdoor Space For Entertaining +
  • Contemporary Modern Decor, Ready To Move Into +
  • Will Appeal To First Time Buyers & Families Alike +
  • Reference : 462032 +

This spacious three bedroom semi detached home offers well presented accommodation, appealing to a range of buyers, from first-time purchasers to families. Benefiting from uPVC double glazing, gas central heating, and generous gardens, the property also features off road parking.

Set over two floors, the accommodation includes an inviting entrance hall with stairs leading to the first floor, a bright double-aspect lounge with a feature fire surround. The fitted kitchen features a breakfast bar and provides a perfect space for entertaining. Upstairs, there are three good-sized bedrooms and a family bathroom with a three piece suite.

Externally, the property offers a driveway to the front and a generous lawned garden with an enclosed garden to the rear, ideal for outdoor relaxation. Conveniently located with easy access to Newcastle, Gateshead, and local schools, this is an excellent opportunity for buyers seeking a well-connected and comfortable family home.
ENTRANCE HALLWAY
With staircase leading to first floor.
LOUNGE 5.81m (19'1) x 3.62m (11'11)
A spacious room with feature fireplace and windows to both front and rear elevations.
FITTED KITCHEN 5.89m (19'4) x 3.62m (11'11)
Fitted with a range of wall and floor units incorporating worktops, inset sink with mixer tap and tiled splash backs. Breakfast bar and windows to front and side elevation. Exterior door leading out to rear.
FIRST FLOOR
Landing
MAIN BEDROOM 3.97m (13'0) x 3m (9'10)
A double room with fitted wardrobes and window to front.
FRONT BEDROOM 3.08m (10'1) x 3.05m (10'0)
A double room with window to front.
REAR BEDROOM 3m (9'10) x 2.71m (8'11)
A single room with built in storage cupboard and window to rear.
BATHROOM
Suite comprises panel bath, wash hand basin with vanity and low level wc. Window to side elevation.
CORNER PLOT
Boasting a corner plot there are walled gardens to front and side laid to lawn and driveway parking. Enclosed garden to rear.
DRIVEWAY
Driveway parking.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 4 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE10 8UY and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C

Agent Details

Andrew Craig, Low Fell

0191 625 0115

Next Steps?

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