3 Bed Detached House, Single Let, Gateshead, NE10 8UU, £310,000

Grange Road, Heworth, NE10 8UU - a month ago

BTL
~93 m²
+18 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£3.3K/m²

Value Estimate

£141,436

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Rent Range

£725 - £1,050

Rent Estimate

£750

Running Costs/mo

£1,139

Cashflow/mo

£-389

Cashflow/yr

£-4,665

Gross Yield

3%

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 
£210K04/230.06 mi47, Sunderland Road Villas, Gateshead, Tyne And Wear NE10 8HD3
£150K02/210.07 mi3, Grange Court, Gateshead, Tyne And Wear NE10 8EY3
£141K11/200.07 mi12, Bolburn, Gateshead, Tyne And Wear NE10 8XB3
£155K01/230.08 mi4, Grange Crescent, Gateshead, Tyne And Wear NE10 8UY3
£177K11/200.1 mi19, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£225K02/230.1 mi14, Laburnum Avenue, Gateshead, Tyne And Wear NE10 8HH3
£118K10/210.1 mi5, Warrenmor, Gateshead, Tyne And Wear NE10 8XD3
£165K01/230.12 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£125K10/200.13 mi21, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£152K03/230.13 mi9, Bevan Gardens, Gateshead, Tyne And Wear NE10 8EE3
£105K04/210.13 mi9, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£146K04/210.13 mi1, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£135K03/220.13 mi35, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£133K01/230.13 mi12, Fossefeld, Gateshead, Tyne And Wear NE10 8XE3
£122.5K03/210.16 mi1, Webb Gardens, Gateshead, Tyne And Wear NE10 8EH3
£134K02/230.17 mi17, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£146K11/200.18 mi66, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£145K05/230.18 mi70, Keir Hardie Avenue, Gateshead, Tyne And Wear NE10 8EJ3
£125K08/230.19 mi77, Coniston, Gateshead, Tyne And Wear NE10 0XD3
£120K02/210.2 mi1, Henderson Gardens, Gateshead, Tyne And Wear NE10 8EQ3
£192K07/230.2 mi21, Lansbury Gardens, Gateshead, Tyne And Wear NE10 8UB3
£132K04/210.24 mi65, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£129.3K08/230.24 mi25, St Cuthberts Drive, Gateshead, Tyne And Wear NE10 9AA3
£99K03/210.25 mi24, Hallgarth, Gateshead, Tyne And Wear NE10 8XJ3
£123.5K11/210.26 mi55, Coniston, Gateshead, Tyne And Wear NE10 0XB3
£133K01/230.26 mi69, Fallowfeld, Gateshead, Tyne And Wear NE10 8QD3
£165K05/230.28 mi14, Thirlmere, Gateshead, Tyne And Wear NE10 0XJ3
£195K08/210.31 mi2, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£205.4K08/230.31 mi17, Fellmere Avenue, Gateshead, Tyne And Wear NE10 0XL3
£152K04/230.31 mi13, Priestley Gardens, Gateshead, Tyne And Wear NE10 8ET3
£149.9K08/230.32 mi41, Meresyde, Gateshead, Tyne And Wear NE10 8UL3
£118.5K03/210.33 mi7, St Edmunds Drive, Gateshead, Tyne And Wear NE10 9AE3
£160K08/230.34 mi123, Meresyde, Gateshead, Tyne And Wear NE10 8PE3
£170K06/210.35 mi52, Kirkwood Gardens, Gateshead, Tyne And Wear NE10 8TP3
£116.6K03/210.35 mi28, Bondfield Gardens, Gateshead, Tyne And Wear NE10 8TY3
£123.5K11/200.39 mi1, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£130K04/210.39 mi10, Broadacre, Gateshead, Tyne And Wear NE10 8UW3
£375K06/210.39 miMeldon, High Heworth Lane, Gateshead, Tyne And Wear NE10 0PB3
£125K12/220.4 mi31, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£116K06/210.41 mi46, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£41.7K09/230.41 mi29, Bleachfeld, Gateshead, Tyne And Wear NE10 8PY3
£110K07/230.41 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£110K07/230.41 mi27, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£135K08/230.41 mi26, Chilcrosse, Gateshead, Tyne And Wear NE10 8PU3
£195K03/210.43 mi15, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£155K04/210.43 mi3, Colegate West, Gateshead, Tyne And Wear NE10 9AH3
£120K03/210.43 mi5, Swyntoft, Gateshead, Tyne And Wear NE10 8BS3
£125K11/200.44 mi3, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£139K09/210.44 mi8, Cripps Avenue, Gateshead, Tyne And Wear NE10 8TJ3
£175K01/210.45 mi40, Broadside, Gateshead, Tyne And Wear NE10 8XR3
£130K03/210.46 mi4, Frazer Terrace, Gateshead, Tyne And Wear NE10 0YA3

Local Rents

19 rents from £725/mo to £1.1K/mo, average is £880/mo.

RentDateDistanceAddressBeds 
£1,00007/240.32 miMillford, Leam Lane, Gateshead3
£90008/240.34 miMeresyde, Gateshead, Tyne And Wear, NE103
£90007/240.4 miRedemarsh, Leam Lane, Gateshead, Tyne And Wear, NE103
£75006/240.44 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£75007/240.44 miHarvey Crescent, Gateshead, Tyne And Wear, NE103
£72509/240.47 mi-3
£87505/240.48 miGateshead, Gateshead, NE103
£87503/240.48 mi-3
£77505/240.54 miCotemede, Gateshead, Tyne And Wear, NE103
£88006/240.54 mi-3
£72507/240.54 miYork Street, Pelaw, Gateshead3
£75002/250.54 mi-3
£97512/230.55 mi-3
£92511/240.58 mi-3
£85006/240.58 miWreken Gardens, Gateshead, NE103
£95002/250.61 mi-3
£1,05006/240.61 miWatermill Lane, Gateshead, NE103
£1,05006/240.61 mi-3
£1,00006/240.62 miWatermill Lane, Felling, Gateshead, Tyne And Wear, NE103

Local Area Statistics

Population in NE10

35,991

Population in Gateshead

122,353

Town centre distance

1.66 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £310,000

February 27, 2025

Description

  • Three Bedrooms +
  • Stone Built Cottage +
  • Fabulous Sun Room +
  • Twin Garages +
  • Council Tax Band D +
  • EPC Rating D +

Boasting a wealth of CHARM AND CHARACTER is this beautiful stone built detached home with extensive driveway parking, TWIN GARAGES and gardens to the front and rear. The living space includes a lounge with DUAL FUEL STOVE, an IMPRESSIVE KITCHEN, fabulous sun room, downstairs bedroom, useful utility, downstairs wc, two further bedrooms and a SPACIOUS BATHROOM. The property is ideally situated for access to local schools, shops and amenities as well as for access to transport routes and services. Viewing is highly recommended.

Agent Details

Sarah Mains Residential Sales and Lettings, Low Fell

0191 625 0805

Next Steps?

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