3 Bed Semi-Detached House, Single Let, Cramlington, NE23 8BE, £180,000

82 Front St, Bedlington, NE22 5UA - 2 views - 24 days ago

Sold STC
BTL
ROI: 5%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£89.3K - £192.5K
Sold Prices/m²£1.1K/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£157,973

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£850 - £1,200

Rent Estimate

£996

Running Costs/mo

£782

Cashflow/mo

£214

Cashflow/yr

£2,572

ROI

5%

Gross Yield

7%

Local Sold Prices

23 sold prices from £89.3K to £192.5K, average is £131K. £1.1K/m² to £2.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£130K02/210.49 mi6, Selborne Close, Cramlington, Northumberland NE23 8HL3
£125K03/210.52 mi78, Sudbury Way, Cramlington, Northumberland NE23 8HH3
£136K06/230.53 mi32, Shiel Gardens, Cramlington, Northumberland NE23 8HJ3
£140K11/230.56 mi26, Southwold Place, Cramlington, Northumberland NE23 8HE3
£152K10/230.59 mi23, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£131K12/230.59 mi7, Sudbury Way, Cramlington, Northumberland NE23 8HG3
£155K01/240.61 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£155K01/240.61 mi9, Stratford Close, Cramlington, Northumberland NE23 8HW3
£125K02/230.66 mi31, Langdale Drive, Cramlington, Northumberland NE23 8EE3
£115K09/210.67 mi1, Lytham Close, Cramlington, Northumberland NE23 8EB3
£89.3K11/200.68 mi3, Lytham Close, Cramlington, Northumberland NE23 8EB3
£135K08/240.69 mi9, Ladykirk Way, Cramlington, Northumberland NE23 8DU3
£190K03/230.69 mi32, Lindsey Close, Cramlington, Northumberland NE23 8EJ3
£125K08/230.71 mi23, Lochcraig Place, Cramlington, Northumberland NE23 8DB3
£96.5K11/200.78 mi41, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£90.5K06/210.78 mi33, Loughrigg Avenue, Cramlington, Northumberland NE23 8DW3
£192.5K05/210.81 mi111, Langdale Drive, Cramlington, Northumberland NE23 8EW3
£108K04/230.83 mi40, Longridge Way, Cramlington, Northumberland NE23 8DQ3
£175K09/230.83 mi99, Langdale Drive, Cramlington, Northumberland NE23 8EN3
£115.5K10/200.86 mi65, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EY3
£125K08/230.9 mi95, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EZ3
£140K12/220.92 mi39, Blagdon Crescent, Nelson Village, Cramlington, Northumberland NE23 1HJ3
£162.5K07/230.92 mi11, Arcot Avenue, Nelson Village, Cramlington, Northumberland NE23 1EX3

Local Rents

19 rents from £850/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00007/240.09 miLittlestone Wynd, The Fairways, Cramlington, Newcastle Upon Tyne, NE233
£85005/240.11 mi-3
£1,20005/240.17 miLavender Way, West Meadows, Cramlington3
£1,20006/240.27 mi3 bedroom Terraced House in Lavender Way, Cramlington3
£1,20007/240.27 mi3 bedroom End of Terrace House in Clematis Court, Cramlington3
£99505/240.29 miLavender Way, Cramlington3
£1,20007/240.31 miElder Drive, West Meadows, Cramlington, NE233
£1,10007/240.31 miHolly Way, West Meadows, Cramlington, NE233
£1,20005/240.32 miLavender Way, West Meadows, Cramlington3
£1,02505/240.32 miClematis Court, West Meadows, Cramlington3
£1,05005/240.32 miClematis Court, West Meadows, Cramlington3
£1,05005/240.32 miClematis Court, West Meadows, Cramlington3
£1,05005/240.32 miClematis Court, West Meadows, Cramlington3
£1,05005/240.32 miClematis Court, West Meadows, Cramlington3
£1,02505/240.32 miClematis Court, Cramlington3
£1,00006/240.32 miClematis Court, West Meadows, Cramlington3
£99507/240.32 miBluebell Close, West Meadows, Cramlington3
£1,20007/240.32 miClematis Court, West Meadows, Cramlington3
£1,20007/240.32 miLavender Way, West Meadows, Cramlington3

Local Area Statistics

Population in NE23

39,162

Population in Cramlington

39,226

Town centre distance

1.16 miles away

Nearest school

0.60 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £180,000

March 19, 2025

Description

  • Three good size bedrooms +
  • Ideal first time buy +
  • Neutral decoration +
  • Close to good road links +
  • Modern presentation +
  • Two car driveway +
  • Freehold +
  • Council tax band B +
  • EPC C +
  • No onward chain +

To be sold with no upper chain this three bedroom semi-detached property is a first time buyers dream. With a modern and bright feeling throughout the property is a ready made home for those looking in the area. With good access to the A19/A1 making the property ideal for commuters. Fully double glazed and benefitting from gas central heating the accommodation comprises briefly; entrance porch, lounge, downstairs w.c, open plan kitchen and dining area with French door access to the rear garden, stairs to the first floor landing, three good size bedrooms with en-suite to master and a family bathroom. Externally there is a double drive to the front and single garage for off street parking and an enclosed rear garden with decked patio and lawn area. Viewings are advised as at this price the property wont be on the market for long!

Entrance
Via composite door to porch, single radiator. 
Downstairs wc
Low level wc, wash hand basin, single radiator, vinyl floor.
Lounge 16’02ft x 10’03ft (4.93m x 3.12m) 
Double glazed window to front, double radiator, television point. 
Kitchen 8’04ft max x 18’09ft (2.54m x 5.72m) 
Double glazed window to rear, fitted with a range of wall, floor and drawer units with co-ordinating roll edge work surfaces, stainless steel sink unit and drainer with mixer, splash backs, built in electric fan assisted oven, gas hob, space for fridge freezer, plumbed for washing machine and dishwasher, vinyl flooring, double glazed door to the rear. 
First Floor Landing
Loft access, built in storage cupboard.
Bedroom One 9’09ft x 14’01ft max (2.97m x 4.29m) 
Two double glazed windows to the front, single radiator. 
En-Suite 4’03ft x 4’06 (1.21m x 1.21m) 
Double glazed window to the front, low level wc, pedestal wash hand basin, shower cubicle (mains shower), part tiling to walls, laminate flooring. 
Bedroom Two 8’10ft x 11’02ft (2.69m x 3.40m) 
Double glazed window to rear, single radiator. 
Bedroom Three 9’10ft x 7’10ft (2.99m x 2.39m) 
Double glazed window to rear, single radiator, television point. 
Bathroom 8’09ft x 5’06ft (2.67m x 1.68m) 
Three piece white suite comprising of; paneled bath, pedestal wash hand basin, low level wc, double glazed, part tiling to walls, laminate flooring, wall mounted vanity unit. 
External 
Two car driveway leading to garage. Rear garden laid mainly to lawn, decking area. 
Attached single garage with up and over door, power and lighting.

PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Mains Gas
Broadband: Cable 
Mobile Signal Coverage Blackspot: No
Parking: driveway 

MINING 
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

ACCESSIBILITY
Suitable for wheelchair users.

TENURE
Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser

COUNCIL TAX BAND: B
EPC RATING:  C

Agent Details

Rook Matthews Sayer, Bedlington

01670 332298

Next Steps?

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

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