3 Bed Semi-Detached House, Single Let, Gateshead, NE9 5TH, £295,000

49 Joicey Road, Gateshead, NE9 5TH - 2 views - a month ago

Sold STC
BTL
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£125K - £550K
Sold Prices/m²£1K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£225,799

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£18,200

Total Cash In

£91,950

 

 

Cash Out

 

Rent Range

£700 - £1,650

Rent Estimate

£795

Running Costs/mo

£1,101

Cashflow/mo

£-306

Cashflow/yr

£-3,670

Gross Yield

3%

Local Sold Prices

49 sold prices from £125K to £550K, average is £255K. £1K/m² to £3.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£197.5K07/210.09 mi66, Joicey Road, Gateshead, Tyne And Wear NE9 5YL3
£275K01/240.09 mi64, Joicey Road, Gateshead, Tyne And Wear NE9 5YL3
£300K09/210.1 mi32, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£280K05/230.1 mi25, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£320K03/230.1 mi17, Ravensdale Crescent, Gateshead, Tyne And Wear NE9 5YJ3
£550K11/220.12 miThe Shieling, Kellfield Avenue, Gateshead, Tyne And Wear NE9 5YP3
£217.5K02/230.13 mi51, Dryden Road, Gateshead, Tyne And Wear NE9 5TR3
£275.5K04/210.13 mi65, Dryden Road, Gateshead, Tyne And Wear NE9 5TR3
£210K07/210.14 mi60, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£325K10/230.14 mi62, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£220K11/220.15 mi54, Dryden Road, Gateshead, Tyne And Wear NE9 5TU3
£339K07/240.15 mi20, Dryden Road, Gateshead, Tyne And Wear NE9 5HQ3
£200K03/210.16 mi127, Dryden Road, Gateshead, Tyne And Wear NE9 5TS3
£250K11/200.16 mi28, Melrose Avenue, Gateshead, Tyne And Wear NE9 5YD3
£256K11/200.16 mi35, Dryden Road, Gateshead, Tyne And Wear NE9 5HP3
£256K11/230.16 mi21, Dryden Road, Gateshead, Tyne And Wear NE9 5HP3
£291.5K12/200.17 miMaxton, Church Drive, Gateshead, Tyne And Wear NE9 5RB3
£165K08/240.17 mi1, Arundel Gardens, Gateshead, Tyne And Wear NE9 5YE3
£304.9K05/230.18 mi3, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£246K03/240.18 mi14, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£220.4K03/210.18 mi3, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£235.5K05/210.18 mi11, Stratford Gardens, Gateshead, Tyne And Wear NE9 5HE3
£350K06/210.18 mi1, Holly Gardens, Gateshead, Tyne And Wear NE9 5TP3
£255K01/210.19 mi8, Harcourt Park, Gateshead, Tyne And Wear NE9 5YA3
£152.5K02/210.19 mi25, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£300K09/230.2 mi42, Joicey Road, Gateshead, Tyne And Wear NE9 5HN3
£320K09/230.2 mi48, Joicey Road, Gateshead, Tyne And Wear NE9 5HN3
£285K04/230.21 mi15, Beaconsfield Avenue, Gateshead, Tyne And Wear NE9 5XT3
£215K04/220.22 mi2, Egremont Drive, Gateshead, Tyne And Wear NE9 5SE3
£226K11/200.23 mi20, Thornlea Gardens, Gateshead, Tyne And Wear NE9 5HJ3
£250K10/200.23 mi10, Thornlea Gardens, Gateshead, Tyne And Wear NE9 5HJ3
£290K07/230.23 mi8, Thornlea Gardens, Gateshead, Tyne And Wear NE9 5HJ3
£125K01/210.23 mi27, Sheriffs Highway, Gateshead, Tyne And Wear NE9 5PH3
£280.5K01/210.24 mi18, Church Road, Gateshead, Tyne And Wear NE9 5RD3
£170K04/230.25 mi2, Glynwood Gardens, Gateshead, Tyne And Wear NE9 5RR3
£277K06/210.25 mi2, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS3
£300K11/200.25 mi4, Kells Gardens, Gateshead, Tyne And Wear NE9 5XS3
£250K11/200.25 mi33, Denewell Avenue, Gateshead, Tyne And Wear NE9 5HD3
£500K06/210.26 mi6, Westover Gardens, Gateshead, Tyne And Wear NE9 5DN3
£255K12/220.27 mi22, Derwent Gardens, Gateshead, Tyne And Wear NE9 5XQ3
£249.9K11/210.27 mi137, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£305K08/230.27 mi147, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£302.5K07/230.27 mi139, Kells Lane, Gateshead, Tyne And Wear NE9 5HR3
£237.5K12/220.27 mi9, Rosewood Gardens, Gateshead, Tyne And Wear NE9 5RX3
£330K10/230.28 mi2, Clifton Gardens, Gateshead, Tyne And Wear NE9 5DL3
£235K04/210.29 mi26, Larne Crescent, Gateshead, Tyne And Wear NE9 5RQ3
£206K10/230.29 mi15, Larne Crescent, Gateshead, Tyne And Wear NE9 5RP3
£139K04/240.29 mi56, Broadway, Gateshead, Tyne And Wear NE9 5PY3
£196.5K08/210.3 mi5, Shotley Gardens, Gateshead, Tyne And Wear NE9 5DP3

Local Rents

19 rents from £700/mo to £1.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£89506/240.08 miFlorence Avenue, Low Fell, Gateshead, NE93
£1,29506/240.16 miDryden Road, Low Fell, Gateshead, Tyne and Wear, NE93
£79507/240.19 mi-3
£79507/240.19 miSheriffs Highway, Gateshead, NE93
£1,20004/250.21 mi-3
£1,45003/230.23 mi-3
£1,40004/230.23 mi-3
£1,65008/240.23 mi-3
£1,50006/240.23 miJoicey Road, Gateshead, NE93
£85007/240.33 miLarne Crescent, Gateshead, Tyne and Wear, NE9 5RQ3
£70006/240.4 miCauseway, Sheriff Hill, Gateshead, Tyne And Wear, NE93
£1,39506/240.42 miChurch Road, Low Fell3
£79502/240.43 mi-3
£99509/240.46 mi-3
£77506/240.48 miWesley Street, Low Fell, Gateshead3
£89506/240.5 miCherrytree Gardens, Low Fell3
£89506/240.5 miNorthway, Gateshead3
£95012/240.52 mi-3
£1,55007/240.53 miPark View Avenue, Gateshead3

Local Area Statistics

Population in NE9

37,590

Population in Gateshead

122,353

Town centre distance

0.27 miles away

Nearest school

0.10 miles away

Nearest train station

1.21 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-41%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £295,000

March 14, 2025

Floor Plans

Description

  • Two Generous Size Reception Rooms +
  • Original Features +
  • Detached Garage/Storage To The Rear +
  • Traditional Style Extended Kitchen +
  • Ground Floor WC +
  • Highly Regarded Central Low Fell Location +
  • Sun Room Overlooking Low Fell Rugby Cub +
  • Enclosed Rear Garden +
  • Awaiting EPC Rating +
  • Viewings Highly Recommended +

An excellent size 1930's family home situated in the centre of Low Fell...

Situated on a prominent plot at the top of Joicey Road, just a short walk from Kells Lane we're delighted to welcome to the market this 1930's semi-detached home. The property has been owned by the current owners for over 20 years and extended to the rear presenting an excellent opportunity for a new growing family. The internal accommodation briefly comprises of an entrance lobby with original features leading to an excellent size hallway with under stairs cloakroom WC. Following on from the hall there are two excellent size reception rooms. The properties dining room offers a feature bay window overlooking the front aspect, the lounge also has a useful sunroom accessed via french doors with a pleasant outlook across Low Fell rugby club. A traditional style extended kitchen completes the ground floor with steps down accessing the rear garden. Moving upstairs there are three bedrooms, two of which are excellent size double rooms with integrated storage. Completing the layout is a WC and fully tiled family bathroom with corner shower cubicle.

Externally there is a lawned front garden with mature hedges. There are further gardens to the side and rear with mature, trees/shrubbery providing a private space with a patio seating area and lawned garden. Parking is provided via a driveway to the front aspect. A detached garage sits to the rear of the property, currently used for storage. Access to park a vehicle has been removed at present. Viewings are highly recommended at your earliest convenience.

Originating in the 16th century Low Fell has quickly developed into one of the more popular of the two dozen or so villages which now comprise the Metropolitan Borough of Gateshead. The Durham Road area has now become a vibrant commercial hub with thriving shops, bars and restaurants as well as some banks and small offices. Whilst also offering it's own running, cricket and rugby clubs.

Agent Details

Bell Estate Agents, Gateshead

0191 625 0825

Next Steps?

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