3 Bed Terraced House, Single Let, Hebburn, NE31 1XT, £50,000

60 Aln Street, Hebburn, Tyne and Wear NE31 1XT - 25 days ago

Auction
BTL
ROI: 23%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£90K - £330K
Sold Prices/m²£920/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£538/m²

Value Estimate

£60,000
BMV20%

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

50 sold prices from £90K to £330K, average is £148K. £920/m² to £3.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£127K06/210.09 mi35, Whickham Road, Hebburn, Tyne And Wear NE31 1QU3
£190K06/240.12 mi18, Hall Road, Hebburn, Tyne And Wear NE31 2UG3
£227.5K11/220.12 mi15, Hall Road, Hebburn, Tyne And Wear NE31 2UG3
£229K04/240.12 mi6, Hall Road, Hebburn, Tyne And Wear NE31 2UG3
£115K06/230.12 mi22, Carter Avenue, Hebburn, Tyne And Wear NE31 1QS3
£158K11/200.15 mi40, Canning Street, Hebburn, Tyne And Wear NE31 2UE3
£167.5K04/210.15 mi14, Canning Street, Hebburn, Tyne And Wear NE31 2UE3
£210K10/230.15 mi32, Canning Street, Hebburn, Tyne And Wear NE31 2UE3
£195K04/240.15 mi16, Canning Street, Hebburn, Tyne And Wear NE31 2UE3
£118K04/240.17 mi34, Mons Avenue, Hebburn, Tyne And Wear NE31 1QL3
£106K02/210.17 mi21, Mons Avenue, Hebburn, Tyne And Wear NE31 1QL3
£140K04/210.17 mi2, St Johns Avenue, Hebburn, Tyne And Wear NE31 2TY3
£120K09/210.17 mi20, Verdun Avenue, Hebburn, Tyne And Wear NE31 1QQ3
£137K11/230.17 mi96, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW3
£110K04/240.19 mi49, Jutland Avenue, Hebburn, Tyne And Wear NE31 1QG3
£100K10/220.19 mi47, Jutland Avenue, Hebburn, Tyne And Wear NE31 1QG3
£108K03/210.21 mi61, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR3
£235K12/230.21 mi69, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YW3
£198K06/210.21 mi88, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YW3
£330K08/240.22 mi17, St Johns Avenue, Hebburn, Tyne And Wear NE31 2TZ3
£169K12/200.22 mi117, Victoria Road West, Hebburn, Tyne And Wear NE31 1UX3
£234K10/220.25 mi7, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YN3
£215K10/230.25 mi51, Sullivan Walk, Hebburn, Tyne And Wear NE31 1YN3
£146K03/210.25 mi19, Cressida Gardens, Hebburn, Tyne And Wear NE31 1FJ3
£150K11/220.25 mi119, Victoria Road West, Hebburn, Tyne And Wear NE31 1UU3
£120K08/230.25 mi61, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND3
£116K05/210.26 mi105, Tennant Street, Hebburn, Tyne And Wear NE31 1LN3
£110K03/210.26 mi110, Tennant Street, Hebburn, Tyne And Wear NE31 1LN3
£115K11/220.27 mi53, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND3
£183K05/210.28 mi129, Victoria Road West, Hebburn, Tyne And Wear NE31 1UU3
£260K01/240.28 mi135, Victoria Road West, Hebburn, Tyne And Wear NE31 1UU3
£176K11/200.28 mi127, Victoria Road West, Hebburn, Tyne And Wear NE31 1UU3
£105K11/200.3 mi6, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB3
£90K11/220.31 mi147, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HB3
£125K04/210.33 mi6, Graham Road, Hebburn, Tyne And Wear NE31 1NA3
£145K11/200.33 mi99, Campbell Park Road, Hebburn, Tyne And Wear NE31 2SL3
£170K12/220.34 mi64, St Aloysius View, Hebburn, Tyne And Wear NE31 1RQ3
£104K01/240.34 mi28, Albert Street, Hebburn, Tyne And Wear NE31 1EL3
£90K10/200.34 mi20, Albert Street, Hebburn, Tyne And Wear NE31 1EL3
£110K12/200.34 mi32, Albert Street, Hebburn, Tyne And Wear NE31 1EL3
£135K03/230.35 mi147, Victoria Road West, Hebburn, Tyne And Wear NE31 1UT3
£145K06/210.35 mi40, St Aloysius View, Hebburn, Tyne And Wear NE31 1RQ3
£150K09/210.35 mi62, St Aloysius View, Hebburn, Tyne And Wear NE31 1RQ3
£135K01/210.35 mi52, St Aloysius View, Hebburn, Tyne And Wear NE31 1RQ3
£152.5K02/240.35 mi4, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT3
£180K01/210.35 mi17, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT3
£155K01/210.36 mi64, St Aloysius View, Hebburn, Tyne And Wear NE31 1RQ3
£197.5K04/230.37 mi15, St Aloysius View, Hebburn, Tyne And Wear NE31 1RH3
£160K03/240.37 mi71, St Aloysius View, Hebburn, Tyne And Wear NE31 1RH3
£154K10/220.37 mi55, St Johns Avenue, Hebburn, Tyne And Wear NE31 2UB3

Local Rents

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

RentDateDistanceAddressBeds 
£85006/240.07 miJutland Avenue, Hebburn, Tyne and Wear, NE31 1QP3
£79503/240.31 miHedgeley Road, Hebburn, Tyne And Wear, NE313
£83502/250.35 mi-3
£97512/240.36 miDuchess Gardens, Hebburn3
£1,20006/240.39 miRother Close, Hebburn3
£60007/240.48 miPrince Consort Road, Hebburn, Tyne and Wear, NE313
£77506/240.61 miJervis Street, Hebburn, NE313
£79510/240.62 mi-3
£62507/240.64 miGladstone Street, Hebburn3
£55005/240.65 mi-3
£82505/240.65 miCherry Tree Walk, Hebburn3
£85003/240.65 mi-3
£85004/250.65 mi-3
£85007/240.68 miLilac Walk, Hebburn, Tyne And Wear, NE313
£60006/240.68 mi-3
£82506/240.7 mi-3
£79507/240.72 miMimosa Drive, Hebburn, Tyne & Wear3
£62507/240.72 miCollingwood Street, Hebburn, Tyne and Wear, NE313
£62506/240.72 miCollingwood Street, Hebburn, Tyne and Wear, NE313
£90005/240.73 miHartleyburn Avenue, Hebburn, Tyne and Wear, NE313
£80506/240.75 mi-3
£87512/240.81 miRutland Road, Hebburn, Tyne And Wear, NE313
£99503/240.82 mi-3
£1,80002/250.82 mi-3
£99508/240.82 mi-3
£95003/250.82 mi-3
£99506/240.82 miMaple Street, Jarrow, NE323
£77507/240.84 miSomerset Road, Hebburn, Tyne and Wear, NE313
£92506/240.85 mi-3
£58505/240.88 miBeech Street, Jarrow. NE32 5LD 3
£87505/240.93 mi135 Wansbeck Road (E)3
£85003/250.99 mi-3
£67507/240.99 miWellesley Street, Jarrow, Tyne And Wear, NE323
£77503/240.99 mi-3
£77505/241.05 mi-3
£74602/251.1 mi-3
£74603/251.1 mi-3
£70005/241.12 miWuppertal Court, Jarrow, NE323
£2,50005/241.16 mi-3

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.20 miles away

Nearest school

0.30 miles away

Nearest train station

0.26 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £50,000

March 14, 2025

Description

  • Three Bedroom Flat +
  • Residing on the First Floor +
  • Private Entrance +

Online Auction 15th - 16th April 2025 Three Bedroom 1st Floor Flat Auction House North West have not inspected the property but have been advised this is a three bedroom flat residing on the first floor of a mid-terrace property.

Comprising of a private entrance with stairs leading up to the first-floor landing, living room, separate kitchen, three bedrooms and a bathroom.

As per the current EPC, the property shows a total floor area of 59 m2.

All appliances/services have not and will not be tested.

Tenure: Freehold
Title number: TY173297
Council Tax Band: A
Local Authority: South Tyneside

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding. Tenure: Freehold EPC Rating: E Buyer's Premium Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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