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3 Bed Flat, Single Let, Hebburn, NE31 1QX, £50,000

Whickham Road, Hebburn, Tyne and Wear, NE31 1QX - 4 views - a month ago

BTL
ROI: 23%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£45K - £240K
Sold Prices/m²£429/m² - £1.6K/m²

 

 

Square Metres

~93 m²
Price/m²£538/m²

Value Estimate

£62,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£550 - £2,500

Rent Estimate

£600

Running Costs/mo

£296

Cashflow/mo

£304

Cashflow/yr

£3,645

ROI

23%

Gross Yield

14%

Local Sold Prices

43 sold prices from £45K to £240K, average is £84K. £429/m² to £1.6K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£84K03/230.07 mi17, Whickham Road, Hebburn, Tyne And Wear NE31 1QX3
£85K03/230.15 mi44, Whickham Road, Hebburn, Tyne And Wear NE31 1QU3
£80K09/230.24 mi44, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL3
£76K09/220.47 mi77, Makendon Street, Hebburn, Tyne And Wear NE31 1RF3
£130K06/220.64 mi56, Oxford Crescent, Hebburn, Tyne And Wear NE31 2XT3
£89K01/210.67 mi10, The Riverside, Hebburn, Tyne And Wear NE31 1BG3
£60K01/210.72 mi43, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD3
£62K10/230.75 mi63, Howe Street, Hebburn, Tyne And Wear NE31 2XH3
£68K03/230.8 mi96, Collingwood Street, Hebburn, Tyne And Wear NE31 2XW3
£100K09/221.05 mi35, Wellesley Street, Jarrow, Tyne And Wear NE32 5PJ3
£87K07/231.25 mi30, Tiberius Close, Wallsend, Tyne And Wear NE28 6RH3
£70K10/211.25 mi43, Holly Avenue, Wallsend, Tyne And Wear NE28 6PB3
£50K02/211.27 mi120, Vine Street, Wallsend, Tyne And Wear NE28 6JE3
£50K02/211.27 mi120, Vine Street, Wallsend, Tyne And Wear NE28 6JE3
£70K07/231.28 mi8, Atkinson Terrace, Wallsend, Tyne And Wear NE28 6RE3
£115K12/221.34 mi579, Welbeck Road, Newcastle Upon Tyne, Tyne And Wear NE6 3AA3
£77.5K10/221.38 mi23, Ford Terrace, Wallsend, Tyne And Wear NE28 6QF3
£85K12/221.38 mi54, Station Road, Bill Quay, Gateshead, Tyne And Wear NE10 0RS3
£62K02/211.38 mi59, Richardson Street, Wallsend, Tyne And Wear NE28 7PS3
£84K12/221.39 mi15, Woodbine Avenue, Wallsend, Tyne And Wear NE28 8HB3
£142K01/231.41 mi12a, Laburnum Avenue, Wallsend, Tyne And Wear NE28 8HQ3
£88.5K03/241.42 mi7, Woodbine Avenue, Wallsend, Tyne And Wear NE28 8HB3
£240K08/231.42 mi6, Chesterwood Terrace, Gateshead, Tyne And Wear NE10 0RU3
£95K10/201.44 mi151, Park Road, Wallsend, Tyne And Wear NE28 7LP3
£105K03/231.44 mi151, Park Road, Wallsend, Tyne And Wear NE28 7LP3
£70K06/211.45 mi59, Northumberland Street, Wallsend, Tyne And Wear NE28 7PX3
£45K11/201.47 mi104, Charlotte Street, Wallsend, Tyne And Wear NE28 7PU3
£63K02/211.49 mi41, Alnwick Street, Wallsend, Tyne And Wear NE28 7SD3
£107K03/211.51 mi222, Station Road, Wallsend, Tyne And Wear NE28 8RD3
£54.5K12/221.52 mi31, Stothard Street, Jarrow, Tyne And Wear NE32 3AN3
£85K02/211.55 mi47, Armstrong Road, Wallsend, Tyne And Wear NE28 6NA3
£75K05/231.67 mi34, Burn Terrace, Wallsend, Tyne And Wear NE28 7BJ3
£70K07/211.67 mi34, Burn Terrace, Wallsend, Tyne And Wear NE28 7BJ3
£87K11/221.69 mi19, Joicey Street, Gateshead, Tyne And Wear NE10 0QS3
£60K12/221.73 mi335, Benson Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SH3
£80K06/221.75 mi53, York Street, Pelaw, Gateshead, Tyne And Wear NE10 0QL3
£123K11/221.75 mi32, Lincoln Way, Jarrow, Tyne And Wear NE32 4UU3
£107K08/231.76 mi44, Sutton Street, Newcastle Upon Tyne, Tyne And Wear NE6 4RH3
£90K08/231.8 mi20, Portland Street, Gateshead, Tyne And Wear NE10 0XX3
£90K07/231.83 mi10, George Street, Gateshead, Tyne And Wear NE10 0XT3
£155K06/231.84 mi3, Police Houses, Jarrow, Tyne And Wear NE32 4PH3
£96K06/231.9 mi20, The Oval, Walker, Newcastle Upon Tyne, Tyne And Wear NE6 3LH3
£59K10/211.96 mi91, Allendale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SX3

Local Rents

40 rents from £550/mo to £2.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85006/240.14 miJutland Avenue, Hebburn, Tyne and Wear, NE31 1QP3
£83502/250.34 mi-3
£79503/240.38 miHedgeley Road, Hebburn, Tyne And Wear, NE313
£97512/240.42 miDuchess Gardens, Hebburn3
£60007/240.45 miPrince Consort Road, Hebburn, Tyne and Wear, NE313
£1,20006/240.45 miRother Close, Hebburn3
£82505/240.66 miCherry Tree Walk, Hebburn3
£85007/240.66 miLilac Walk, Hebburn, Tyne And Wear, NE313
£77506/240.68 miJervis Street, Hebburn, NE313
£90005/240.69 miHartleyburn Avenue, Hebburn, Tyne and Wear, NE313
£79510/240.69 mi-3
£79507/240.7 miMimosa Drive, Hebburn, Tyne & Wear3
£62507/240.72 miGladstone Street, Hebburn3
£55005/240.72 mi-3
£85003/240.73 mi-3
£85004/250.73 mi-3
£60006/240.75 mi-3
£82506/240.76 mi-3
£80506/240.77 mi-3
£62507/240.79 miCollingwood Street, Hebburn, Tyne and Wear, NE313
£62506/240.79 miCollingwood Street, Hebburn, Tyne and Wear, NE313
£87512/240.83 miRutland Road, Hebburn, Tyne And Wear, NE313
£92506/240.84 mi-3
£77507/240.86 miSomerset Road, Hebburn, Tyne and Wear, NE313
£99503/240.9 mi-3
£1,80002/250.9 mi-3
£99508/240.9 mi-3
£95003/250.9 mi-3
£99506/240.9 miMaple Street, Jarrow, NE323
£58505/240.95 miBeech Street, Jarrow. NE32 5LD 3
£87505/241 mi135 Wansbeck Road (E)3
£74602/251.04 mi-3
£74603/251.04 mi-3
£67507/241.05 miWellesley Street, Jarrow, Tyne And Wear, NE323
£85003/251.06 mi-3
£77503/241.07 mi-3
£77505/241.08 mi-3
£2,50005/241.13 mi-3
£70005/241.19 miWuppertal Court, Jarrow, NE323
£1,15002/251.24 mi-3

Links

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.23 miles away

Nearest school

0.40 miles away

Nearest train station

0.33 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £50,000

March 14, 2025

Floor Plans

Description

  • SPACIOUS UPPER FLAT +
  • THREE BEDROOMS +
  • MODERN FITTED KITCHEN +
  • PRIVATE REAR COURT YARD +
  • FREEHOLD +

We welcome to the market this SPACIOUS THREE BEDROOM UPPER FLAT located on Whickham Road, Hebburn.

This extremely bright and airy flat offers an abundance of spacious living throughout, with the large bedroom to the front, two generous sized Bedrooms leading to lounge, kitchen with the family bathroom and cloak beyond. This property is ideally located for an array of schools, walking distance to local high street amenities including the Mountbatten Shopping Centre. Excellent local transport and Metro links direct to Newcastle City Centre, South Shields with connection to Sunderland City Centre. Road links to A1, A19 to the South and the Tyne Tunnel to much of the North East.

Briefly comprising; Entrance, First Floor Landing, Master Bedroom, Two further Bedrooms, Lounge, Kitchen and Family Bathroom and Cloak. Externally to the rear a lies private Court Yard.

Properties in this location are extremely popular and an early viewing is highly recommended.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Jarrow

0191 625 0173

Next Steps?

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

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