3 Bed Terraced House, Single Let, Cramlington, NE23 7PA, £115,000

Shillaw Place, Burradon, NE23 7PA - 1 views - 2 months ago

Sold STC
BTL
ROI: 13%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£60K - £265K
Sold Prices/m²£789/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£138,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£795 - £1,275

Rent Estimate

£910

Running Costs/mo

£561

Cashflow/mo

£349

Cashflow/yr

£4,184

ROI

13%

Gross Yield

9%

Local Sold Prices

49 sold prices from £60K to £265K, average is £150K. £789/m² to £3.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£114K10/200.06 mi1, Means Court, Burradon, Cramlington, Tyne And Wear NE23 7PE3
£90K06/240.06 mi24, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£60K03/230.06 mi19, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£118K08/230.06 mi1, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB3
£90K06/210.1 mi49, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PD3
£89.5K11/200.12 mi72, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NF3
£181K05/210.12 mi43, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NF3
£200K09/210.16 mi6, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NE3
£135K06/240.25 mi88, Allanville, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XT3
£110K05/210.28 mi61, Allanville, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XS3
£115K10/230.29 mi46, Station Road, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UX3
£115K07/240.29 mi12, Hall Drive, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XP3
£152K03/210.3 mi27, Redford Place, Burradon, Cramlington, Tyne And Wear NE23 7LG3
£95K02/210.32 mi153, Allanville, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XU3
£130K02/240.34 mi18, Bell Grove, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XE3
£161K05/230.4 mi86, Moor View, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XN3
£158K12/200.44 mi11, Havanna, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BL3
£175K05/230.45 mi60, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB3
£190K11/230.45 mi86, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB3
£177.5K08/230.45 mi68, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB3
£178K08/210.47 mi2, Netherton, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BQ3
£162K05/210.5 mi69, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BA3
£120K03/210.51 mi11, Willow Gardens, Newcastle Upon Tyne, Tyne And Wear NE12 6SD3
£92.5K07/230.53 mi9, Maple Court, Newcastle Upon Tyne, Tyne And Wear NE12 6GR3
£93K03/210.53 mi2, Sycamore Place, Newcastle Upon Tyne, Tyne And Wear NE12 6SJ3
£73.3K04/230.53 mi10, Sycamore Place, Newcastle Upon Tyne, Tyne And Wear NE12 6SJ3
£155K05/230.59 mi9, Culloden Walk, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QD3
£168K01/210.61 mi10, Agincourt, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QH3
£240K04/230.61 mi4, Agincourt, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QH3
£100K12/230.61 mi18, Mallard Court, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TJ3
£166K12/200.62 mi10, Glencoe, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QB3
£130K07/240.62 mi13, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£112.3K04/210.62 mi3, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£155K08/240.62 mi1, Weetslade Road, Dudley, Cramlington, Tyne And Wear NE23 7LH3
£107K06/230.64 mi2, Angus Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QR3
£210K06/210.64 mi5, Sedgemoor, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PZ3
£190K08/210.64 mi13, Falkirk, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QA3
£162.5K12/220.64 mi32, Falkirk, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QA3
£162K11/210.66 mi9, Stamford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PY3
£164.9K09/230.66 mi61, Weetslade Crescent, Dudley, Cramlington, Tyne And Wear NE23 7LL3
£150K12/220.67 mi14, Weetslade Crescent, Dudley, Cramlington, Tyne And Wear NE23 7LJ3
£118K12/200.67 mi28, Bowman Drive, Dudley, Cramlington, Tyne And Wear NE23 7AS3
£166K07/240.68 mi21, Newbury, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PW3
£158K05/210.68 mi18, Newbury, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PW3
£265K01/240.73 mi93, White House Drive, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 7BU3
£200K03/240.73 miPrestwick Cottage, Burradon Road, Annitsford, Cramlington, Tyne And Wear NE23 7BB3
£150K06/240.76 mi15, Burt Crescent, Dudley, Cramlington, Tyne And Wear NE23 7AR3
£140K12/220.76 mi11, Coniston Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TN3
£150K09/230.76 mi21, Deepdale Gardens, Newcastle Upon Tyne, Tyne And Wear NE12 6QS3

Local Rents

13 rents from £795/mo to £1.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£89501/240.32 mi-3
£92507/240.37 miCamperdown, NEWCASTLE UPON TYNE, NE12 5XL3
£1,03005/240.48 miCygnet Park, Killingworth, NE12 5AS3
£1,20005/240.48 miAdmiral Way, Killingworth, NE123
£1,18505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.48 miAdmiral Way, Killingworth, NE123
£1,27505/240.51 miHazel Court, Camperdown, Newcastle Upon Tyne, NE123
£79505/240.61 miMallard Court, Killingworth3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

2.89 miles away

Nearest school

0.20 miles away

Nearest train station

2.11 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £115,000

February 26, 2025

Floor Plans

Description

  • Three bedroom, end of terrace family home. +
  • Bright and airy living spaces. +
  • Private garden with patio area and raised decking area. +
  • Within walking distance to local Schools, amenities and transport links. +

Alexander Hudson Estates introduces to market this three-bedroom end terraced family home situated in the popular residential village of Burradon.

Bright and airy throughout, comprising of an entrance hallway, open-plan living and dining room, kitchen and WC. The family bathroom and three bedrooms are found on the first floor. Externally there is a storage room to the front of the property and a low-maintenance, garden with decking area is situated at the rear.

The property is ideally located and within easy reach of local schools, amenities and transport links providing journeys towards Newcastle City Centre, the Coast, Northumberland and beyond.

Agent Details

Alexander Hudson Estates, Newcastle

0191 268 7433

Next Steps?

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