3 Bed Semi-Detached House, Single Let, Gateshead, NE8 3FF, £165,000

Bishops Park Road, Gateshead, NE8 3FF - 1 views - 22 days ago

Leasehold
BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£55K - £200.3K
Sold Prices/m²£824/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£175,316

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£47,700

 

 

Cash Out

 

Rent Range

£575 - £3,500

Rent Estimate

£650

Running Costs/mo

£666

Cashflow/mo

£-16

Cashflow/yr

£-187

Gross Yield

5%

Local Sold Prices

50 sold prices from £55K to £200.3K, average is £139K. £824/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£147.5K03/230 mi15, Bishops Park Road, Gateshead, Tyne And Wear NE8 3FF3
£150K03/230 mi21, Bishops Park Road, Gateshead, Tyne And Wear NE8 3FF3
£175K06/240.05 mi21, Fleetwood Way, Gateshead, Tyne And Wear NE8 3FD3
£140K10/220.09 mi242, Sunderland Road, Gateshead, Tyne And Wear NE8 3ED3
£106K01/210.12 mi14, Kings Close, Gateshead, Tyne And Wear NE8 3PW3
£115K06/240.15 mi4, Moore Street Villas, Gateshead, Tyne And Wear NE8 3PG3
£55K01/240.16 mi76, Howe Street, Gateshead, Tyne And Wear NE8 3PP3
£157K11/230.19 mi23, St Vincent Court, Gateshead, Tyne And Wear NE8 3DZ3
£140K03/210.19 mi34, St Vincent Court, Gateshead, Tyne And Wear NE8 3DZ3
£137K05/210.21 mi159, Sanderson Villas, Gateshead, Tyne And Wear NE8 3BZ3
£145K11/230.23 mi29, Ovett Gardens, Gateshead, Tyne And Wear NE8 3JH3
£160K03/230.23 mi39, Ovett Gardens, Gateshead, Tyne And Wear NE8 3JH3
£162.5K08/220.24 mi27, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£192K01/240.24 mi29, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£120K11/220.25 mi33, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£155K11/220.25 mi32, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£160K11/210.25 mi23, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£93K02/230.26 mi55, Medway Crescent, Gateshead, Tyne And Wear NE8 3SN3
£80K04/210.26 mi27, Eastwood Gardens, Felling, Gateshead, Tyne And Wear NE10 0AH3
£85K06/210.27 mi9, Mersey Place, Gateshead, Tyne And Wear NE8 3ST3
£135K11/220.28 mi9, Hardwick Court, Gateshead, Tyne And Wear NE8 3LX3
£200.3K06/210.28 mi41, Renforth Close, Gateshead, Tyne And Wear NE8 3JF3
£153K12/200.32 mi117, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT3
£187.5K12/200.32 mi58, Redgrave Close, Gateshead, Tyne And Wear NE8 3JE3
£170K11/210.32 mi30, Renforth Close, Gateshead, Tyne And Wear NE8 3JB3
£138K04/210.32 mi6, Renforth Close, Gateshead, Tyne And Wear NE8 3JB3
£92K12/220.35 mi3, Byron Walk, Gateshead, Tyne And Wear NE8 3NP3
£114K06/240.38 mi29, Blake Walk, Gateshead, Tyne And Wear NE8 3NW3
£78K01/210.38 mi35, Blake Walk, Gateshead, Tyne And Wear NE8 3NW3
£100K04/210.39 mi5, Teviot Street, Gateshead, Tyne And Wear NE8 3RY3
£150K07/230.39 mi48, Cobden Terrace, Gateshead, Tyne And Wear NE8 3TB3
£137K10/230.41 mi3, Ellison Villas, Gateshead, Tyne And Wear NE8 3RX3
£175K10/220.42 mi110, Chaucer Close, Gateshead, Tyne And Wear NE8 3NQ3
£150K03/210.43 mi68, Chaucer Close, Gateshead, Tyne And Wear NE8 3NQ3
£110K07/230.45 mi2, Brearley Way, Gateshead, Tyne And Wear NE10 9JL3
£111.3K11/220.45 mi63, Hendon Road, Gateshead, Tyne And Wear NE8 3UD3
£109K10/230.45 mi99, Hendon Road, Gateshead, Tyne And Wear NE8 3UD3
£85K11/200.46 mi35, Milton Square, Gateshead, Tyne And Wear NE8 3HJ3
£75K11/220.46 mi57, Milton Square, Gateshead, Tyne And Wear NE8 3HJ3
£133.9K09/230.47 mi69, Cemetery Road, Gateshead, Tyne And Wear NE8 3HH3
£120K09/200.47 mi87, Cemetery Road, Gateshead, Tyne And Wear NE8 3HH3
£130K06/220.49 mi14, Marlowe Gardens, Gateshead, Tyne And Wear NE8 3HT3
£190K03/220.5 mi50, Chaucer Close, Gateshead, Tyne And Wear NE8 3NG3
£175.5K03/210.5 mi15, Chaucer Close, Gateshead, Tyne And Wear NE8 3NG3
£130K10/220.5 mi6, Chaucer Close, Gateshead, Tyne And Wear NE8 3NG3
£185K03/230.5 mi2, Meredith Gardens, Gateshead, Tyne And Wear NE8 3EB3
£140K02/240.5 mi13, Marlowe Gardens, Gateshead, Tyne And Wear NE8 3HT3
£145K08/220.5 mi22, Marlowe Gardens, Gateshead, Tyne And Wear NE8 3HT3
£148.5K12/220.5 mi2, Marlowe Gardens, Gateshead, Tyne And Wear NE8 3HT3
£138K10/200.5 mi22, Marlowe Gardens, Gateshead, Tyne And Wear NE8 3HT3

Local Rents

51 rents from £575/mo to £3.5K/mo, average is £970/mo.

RentDateDistanceAddressBeds 
£1,09506/240.03 mi-3
£96512/240.05 mi-3
£89507/240.06 miFleetwood Way, Gateshead, NE83
£1,10006/240.06 miBeech Street, Gateshead, Tyne and Wear, NE83
£1,00002/250.06 mi-3
£3,50003/250.07 mi-3
£1,10007/240.07 miAngel Avenue, Gateshead, Tyne and Wear, NE83
£99506/240.07 miBishops Park Road, Gateshead, NE83
£69907/240.1 miKing Edward Street, Gateshead, NE83
£65008/240.1 mi-3
£92506/240.12 miChurchill Road, Gateshead, NE83
£92506/240.12 miChurchill Road, Gateshead3
£95007/240.12 miChurchill Road, Felling3
£85007/240.13 miHowe Street, Gateshead, NE83
£85008/240.13 mi-3
£85011/240.16 mi-3
£69506/240.18 miHowe Street, Gateshead, Tyne and Wear, NE83
£65008/240.22 miTulip Street, Felling, Gateshead, NE103
£1,00007/240.23 miOvett Gardens, St James Village, Gateshead, NE83
£2,45008/240.24 mi-3
£2,45011/240.24 mi-3
£2,30003/250.24 mi-3
£2,30003/250.24 mi-3
£2,35004/240.24 mi-3
£1,19505/240.25 miOban Terrace, Gateshead, NE103
£1,19504/240.25 mi-3
£1,10012/240.31 mi-3
£1,00006/240.32 miFoster Drive, Gateshead3
£1,10006/240.33 miRenforth Close, St James Village, Gateshead, Tyne And Wear, NE83
£1,10002/250.34 mi-3
£97007/240.39 miChaucer Close, Gateshead, NE83
£97012/240.39 mi-3
£62512/240.41 mi-3
£77506/240.45 mi-3
£67505/240.51 miMulberry Street, Gateshead, Tyne And Wear, NE103
£65007/240.51 miMulberry Street, Gateshead, Tyne And Wear, NE103
£80004/240.51 mi-3
£1,02506/240.53 miEngine Close, Freight Sidings, Gateshead, NE83
£1,02506/240.53 miFreight Sidings, Gateshead, NE83
£1,03506/240.53 miEngine Close, Freight Sidings, Gateshead, NE83
£1,02506/240.53 miEngine Close, Freight Sidings, Gateshead, NE83
£1,02506/240.53 miEngine Close, Freight Sidings, Gateshead, NE83
£1,04506/240.53 miFreight Sidings, Gateshead, NE8 3FW3
£1,04506/240.53 miFreight Sidings, Gateshead, NE8 3FW3
£57506/240.54 miThe Avenue, Felling, Gateshead3
£72507/240.54 mi-3
£82503/250.56 mi-3
£89506/240.57 miOld Durham Road, Gateshead, NE83
£89507/240.57 miOld Durham Road, Gateshead, NE83
£89507/240.57 mi-3
£89507/240.57 mi-3

Local Area Statistics

Population in NE8

32,358

Population in Gateshead

122,353

Town centre distance

1.05 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £165,000

March 20, 2025

Listed for £175,000

February 27, 2025

Floor Plans

Description

  • Three Bedrooms +

  • Modern Home +

  • Driveway Parking +

  • Fitted Dining Kitchen +

  • Two Modern Bathrooms +

  • Council Tax Band B +

  • EPC Rating TBC +

BEAUTIFULLY PRESENTED semi detached family home with gardens and DRIVEWAY PARKING. The living space includes a lounge, FITTED DINING KITCHEN, useful utility area, downstairs wc, master bedroom with EN-SUITE, two further bedrooms and a family bathroom. The property is ideally situated for access to the wide range of shops and amenities offered in and around Gateshead Town Centre whilst transport routes and services provide commuter links to the surrounding areas. A MUST SEE!

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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