2 Bed Flat, Single Let, Hebburn, NE31 1LZ, £109,950

Alfred Street, Hebburn, NE31 1LZ - a month ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£50K - £103K
Sold Prices/m²£872/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£96,938

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,488

Stamp Duty & Legal Fees

£6,698

Total Cash In

£34,185

 

 

Cash Out

 

Rent Range

£530 - £850

Rent Estimate

£575

Running Costs/mo

£479

Cashflow/mo

£96

Cashflow/yr

£1,157

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £50K to £103K, average is £80K. £872/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£69K11/220.18 mi27, Victoria Road West, Hebburn, Tyne And Wear NE31 1UZ2
£78K10/200.18 mi37, Wellington Street, Hebburn, Tyne And Wear NE31 2UQ2
£85K07/220.19 mi33, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£85K12/200.19 mi25, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£87.5K04/210.19 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£83K10/210.19 mi32, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£79K01/230.19 mi29, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£100K04/230.19 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.19 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.19 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£60K01/210.23 mi19, Station Road, Hebburn, Tyne And Wear NE31 1LA2
£77.5K03/230.28 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K04/230.28 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K03/220.29 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£69K01/210.33 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£82.5K04/220.33 mi5, May Close, Hebburn, Tyne And Wear NE31 1FD2
£62.5K09/210.35 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£83K04/220.37 mi72, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£80K03/230.37 mi5, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£86K12/220.37 mi86, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£85K04/240.37 mi70, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£68K07/230.41 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£50K01/210.48 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£72K05/240.54 mi18, Victoria Street, Hebburn, Tyne And Wear NE31 1DY2
£75K03/210.55 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.55 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£87.5K03/230.57 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£80K12/230.57 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£100K07/240.57 mi15, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£80K04/230.62 mi53, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K05/230.62 mi51, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£82K09/220.63 mi109, Ellison Street, Hebburn, Tyne And Wear NE31 1EE2
£95K03/210.67 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£95K03/210.67 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£85K08/230.67 mi1, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£68.8K07/230.68 mi155, Finchale Road, Hebburn, Tyne And Wear NE31 2BW2
£74K03/230.68 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£72K11/220.68 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£85K07/230.69 mi26, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£90K11/230.69 mi4, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K09/230.69 mi22, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£75K02/210.7 mi16, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£65K11/220.72 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£92K12/200.74 mi36, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£84.5K01/210.74 mi17, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£95K08/220.74 mi7, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£103K07/210.74 mi8, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£75K09/230.74 mi2, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£91K01/230.75 mi9, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K05/210.75 mi24, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£90K05/210.75 mi10, Agincourt, Hebburn, Tyne And Wear NE31 1AN2

Local Rents

17 rents from £530/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£57505/240.18 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£75007/240.18 mi-2
£60004/240.18 mi-2
£62507/240.18 mi-2
£62506/240.18 miVictoria Road West, Hebburn, NE312
£72506/240.23 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£65005/240.26 mi-2
£79507/240.28 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£65006/240.29 miWhickham Road, Hebburn, South Tyneside2
£62507/240.3 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.3 mi-2
£85006/240.36 miToner Avenue, Hebburn2
£53005/240.52 miVictoria Street, Hebburn2
£65003/250.53 mi-2
£70006/240.56 miChurch Street, Hebburn2
£75006/240.57 miJohnston Avenue, Hebburn, Tyne And Wear, NE312
£55005/240.61 miAshwood Croft, Hebburn2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.33 miles away

Nearest school

0.50 miles away

Nearest train station

0.52 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £109,950

March 11, 2025

Description

  • No Onward Chain +
  • Two Double Bedrooms +
  • First Floor Flat +
  • Private Rear Garden +
  • Gated Driveway +
  • Garage +
  • Beautiful Decor Throughout +
  • Walking Distance To Hebburn Metro Station & Hebburn Shopping Centre +

Nestled within the sought-after neighbourhood of Hebburn, this immaculate first-floor flat offers a fantastic opportunity for first time buyers, downsizers or buy to let investors looking to add to their portfolio. Boasting two double bedrooms, this property is ready to move in to, with beautiful, neutral decor throughout, creating a warm and inviting atmosphere. The property exudes charm with its beautiful decor throughout, offering a seamless flow from room to room. The property is within walking distance to Hebburn Metro Station and Hebburn Shopping Centre, making commuting and shopping a breeze.
The outside space of this property is a striking feature that sets it apart from the rest. The well-maintained, low maintenance private garden at the rear of the property is a serene oasis, offering a low maintenance lawned garden, with decking area and a charming gravelled space, perfect for enjoying alfresco dining or soaking up the sun. For added convenience, there is a garage for parking, or additional storage, as well as a gated driveway provides ample off-street parking for two cars. The property has the added benefit of being sold with no onward chain.

EPC Rating: E

Agent Details

Conway Christie, South Tyneside

0191 905 2852

Next Steps?

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