2 Bed Flat, Single Let, Jarrow, NE32 5JS, £69,995

Northbourne road, Jarrow, NE32 5JS - a month ago

BTL
ROI: 10%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£42K - £110K
Sold Prices/m²£443/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£73,522
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,499

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,199

 

 

Cash Out

 

Rent Range

£500 - £925

Rent Estimate

£519

Running Costs/mo

£343

Cashflow/mo

£176

Cashflow/yr

£2,118

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £42K to £110K, average is £68K. £443/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£61K09/220 mi67, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£76.5K06/230.01 mi43, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£71K06/230.01 mi47, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£71K09/230.01 mi64, Northbourne Road, Jarrow, Tyne And Wear NE32 5JS2
£63.5K08/210.06 mi295, Albert Road, Jarrow, Tyne And Wear NE32 5JU2
£61.5K01/230.08 mi87, Collingwood Street, Hebburn, Tyne And Wear NE31 2XW2
£49K09/210.1 mi31, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2
£58.5K09/220.1 mi33, Frobisher Street, Hebburn, Tyne And Wear NE31 2XB2
£61K02/210.1 mi216, Albert Road, Jarrow, Tyne And Wear NE32 5JA2
£81K10/230.11 mi77, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£45.5K04/230.11 mi54, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£65K03/210.11 mi80, Gladstone Street, Hebburn, Tyne And Wear NE31 2XD2
£50K01/210.11 mi85, Howe Street, Hebburn, Tyne And Wear NE31 2XH2
£66.5K02/240.12 mi71, Red House Road, Hebburn, Tyne And Wear NE31 2XG2
£62K01/230.12 mi64, Frobisher Street, Hebburn, Tyne And Wear NE31 2XE2
£43K01/230.16 mi13, Red House Road, Hebburn, Tyne And Wear NE31 2XF2
£91K01/230.27 mi9, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£68K05/220.3 mi171, Albert Road, Jarrow, Tyne And Wear NE32 5AF2
£90K11/230.32 mi4, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K09/230.32 mi22, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£85K07/230.32 mi26, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£51.5K12/200.38 mi12, Marlborough Court, Jarrow, Tyne And Wear NE32 5RB2
£62K04/210.38 mi36, Greenbank, Jarrow, Tyne And Wear NE32 3NP2
£81K09/210.39 mi79, Wansbeck Road, Jarrow, Tyne And Wear NE32 5SS2
£90K10/200.41 mi3, Wellesley Street, Jarrow, Tyne And Wear NE32 5PJ2
£110K09/230.41 mi4, Wellesley Street, Jarrow, Tyne And Wear NE32 5PJ2
£65K11/220.51 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£63.5K10/200.54 mi76, Grange Road, Jarrow, Tyne And Wear NE32 3LD2
£66K07/220.54 mi56, Grange Road, Jarrow, Tyne And Wear NE32 3LD2
£73K07/220.54 mi62, Grange Road, Jarrow, Tyne And Wear NE32 3LD2
£48.5K08/220.54 mi22, Ellen Court, Jarrow, Tyne And Wear NE32 3NH2
£72K11/220.57 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£74K03/230.58 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£72K08/220.58 mi6, Ellen Court, Jarrow, Tyne And Wear NE32 3NH2
£80K12/220.59 mi17, North Street, Jarrow, Tyne And Wear NE32 3PG2
£78K03/220.6 mi29, North Street, Jarrow, Tyne And Wear NE32 3PG2
£80K02/230.6 mi19, North Street, Jarrow, Tyne And Wear NE32 3PG2
£50K01/210.62 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£62.5K09/210.65 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£68K07/230.66 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£69K01/210.68 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£65K06/210.72 mi60, Russell Street, Jarrow, Tyne And Wear NE32 3AW2
£68K03/220.72 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£75K03/210.72 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.72 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£68K04/230.73 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£77.5K03/230.73 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£42K10/200.75 mi23, Tweed Street, Hebburn, Tyne And Wear NE31 1XP2
£80K12/230.76 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£87.5K03/230.76 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2

Local Rents

25 rents from £500/mo to £925/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£55002/240.05 mi-2
£59502/250.05 mi-2
£62503/240.07 mi-2
£57503/240.08 mi-2
£59505/240.1 mi-2
£60006/240.1 miFrobisher Street, Hebburn, NE312
£59505/240.12 mi-2
£72505/240.15 miElm Street, Jarrow, Tyne and Wear, NE32 5JD2
£72504/250.15 mi-2
£75006/240.16 miJervis Street, Hebburn2
£92505/240.18 mi-2
£92505/240.18 mi-2
£69506/240.24 miWindsor Crescent, Hebburn2
£77505/240.29 miPalmer Crescent, Hebburn, Tyne & Wear2
£50009/230.32 mi-2
£80006/240.35 miAdair Way, Hebburn, Tyne and Wear, NE312
£80007/240.35 miAdair Way, Hebburn, Tyne and Wear, NE312
£59504/250.38 mi-2
£57505/240.39 miWansbeck Road, Jarrow, Tyne and Wear, NE32 5SS2
£70002/240.57 mi-2
£70002/240.57 mi-2
£70002/250.57 mi-2
£59506/240.59 miNorth Street, Jarrow2
£60012/240.59 miHarold Street, Jarrow, Tyne and Wear, NE32 3AH2
£65001/250.6 mi-2

Local Area Statistics

Population in NE32

25,292

Population in Jarrow

25,214

Town centre distance

0.99 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental growth (12m)

+45%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £69,995

March 21, 2025

Floor Plans

Description

  • Two bedrooms +
  • First floor flat +
  • No onward chain +
  • Council tax band A +
  • GR £10 +

Offered with no onward chain, discover this well-appointed two-bedroom, first-floor flat nestled on Northbourne Road, Jarrow. Offering spacious, single-floor living, this home features a bright and airy living room, a functional kitchen, two comfortable bedrooms, and a well-maintained bathroom.

Perfectly positioned for convenience, this property is just moments from excellent transport links, including the A19, ensuring easy commuting. Enjoy proximity to the River Tyne, scenic sea fronts, local amenities, and highly regarded schools, making this an ideal home for a variety of buyers.

Don’t miss this fantastic opportunity—schedule your viewing today!

Agent Details

The Property Selling Company, Nationwide

08001 114118

Next Steps?

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