3 Bed Terraced House, Single Let, Washington, NE38 8RD, £100,000

Southcroft, Fatfield, Washington, NE38 8RD - 21 days ago

Sold STC
BTL
ROI: 9%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£40K - £460K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£125,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£675 - £1,800

Rent Estimate

£693

Running Costs/mo

£471

Cashflow/mo

£222

Cashflow/yr

£2,663

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £460K, average is £175K. £1.1K/m² to £3.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£200K05/210.08 mi48, Biddick Lane, Washington, Tyne And Wear NE38 8AD3
£260K07/240.08 mi48, Biddick Lane, Washington, Tyne And Wear NE38 8AD3
£315K03/230.16 mi9, Fatfield Park, Washington, Tyne And Wear NE38 8BN3
£277K02/210.16 mi18, Valley View, Washington, Tyne And Wear NE38 8SL3
£350K09/210.16 mi51, Fatfield Park, Washington, Tyne And Wear NE38 8BP3
£95K06/210.16 mi47, Broadmeadows, Washington, Tyne And Wear NE38 8RH3
£86K07/240.16 mi57, Broadmeadows, Washington, Tyne And Wear NE38 8RH3
£115K12/200.17 mi10, Worm Hill Terrace, Washington, Tyne And Wear NE38 8AQ3
£209K06/210.18 mi60, Biddick Lane, Washington, Tyne And Wear NE38 8AA3
£110K07/230.23 mi74, Newriggs, Washington, Tyne And Wear NE38 8RT3
£115K06/230.23 mi76, Newriggs, Washington, Tyne And Wear NE38 8RT3
£190K05/230.26 mi4, The Spinney, Washington, Tyne And Wear NE38 8RY3
£180K11/220.26 mi14, The Spinney, Washington, Tyne And Wear NE38 8RY3
£145K12/220.31 mi50, Newriggs, Washington, Tyne And Wear NE38 8RS3
£127K11/200.32 mi25, West Bridge Street, Houghton Le Spring, Tyne And Wear DH4 7PZ3
£115.5K11/220.33 mi10, Foxhills Close, Washington, Tyne And Wear NE38 8RP3
£440K10/220.35 mi28, Whittonstall, Washington, Tyne And Wear NE38 8PH3
£310K10/200.4 mi5, Whittonstall, Washington, Tyne And Wear NE38 8PH3
£340K04/240.4 mi14, Whittonstall, Washington, Tyne And Wear NE38 8PH3
£225K02/210.41 mi19, Haininghead, Washington, Tyne And Wear NE38 8SB3
£185K08/230.42 mi27, Gowanburn, Washington, Tyne And Wear NE38 8SG3
£96K05/210.48 mi129, Rowan Avenue, Washington, Tyne And Wear NE38 9AQ3
£200K12/200.49 mi31, Brinkburn, Washington, Tyne And Wear NE38 8SD3
£100K03/230.51 mi8, Pinewood Avenue, Washington, Tyne And Wear NE38 9AY3
£155K11/200.53 mi8, Vigo Lane, Harraton, Washington, Tyne And Wear NE38 9AH3
£296K06/230.55 mi33, Wroxton, Washington, Tyne And Wear NE38 7NU3
£251.2K04/240.55 mi2, Wroxton, Washington, Tyne And Wear NE38 7NU3
£260K03/230.55 mi3, Wroxton, Washington, Tyne And Wear NE38 7NU3
£158K10/230.55 mi16, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£180K05/240.55 mi4, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£165K03/210.55 mi5, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£148K09/230.55 mi34, St Georges Estate, Washington, Tyne And Wear NE38 9AU3
£460K12/220.58 mi16, Whitby Drive, Washington, Tyne And Wear NE38 7NW3
£155K12/200.6 mi70, Hogarth Drive, Washington, Tyne And Wear NE38 7LT3
£100K11/200.61 mi18, Hogarth Drive, Washington, Tyne And Wear NE38 7LB3
£40K02/210.62 mi23, Hogarth Drive, Washington, Tyne And Wear NE38 7LB3
£200.5K03/240.63 mi3, Chacombe, Washington, Tyne And Wear NE38 7HB3
£170K04/210.63 mi13, Chacombe, Washington, Tyne And Wear NE38 7HB3
£121K01/210.63 mi18, Firtree Avenue, Washington, Tyne And Wear NE38 9BA3
£196K11/200.63 mi38, New Road, Washington, Tyne And Wear NE38 9AT3
£140K12/200.64 mi8, Hogarth Drive, Washington, Tyne And Wear NE38 7LA3
£275K08/230.67 mi11, Creevelea, Washington, Tyne And Wear NE38 7TU3
£255K11/200.67 mi10, Creevelea, Washington, Tyne And Wear NE38 7TU3
£163K11/220.68 mi17, South Crescent, Washington, Tyne And Wear NE38 9AS3
£131.5K06/230.68 mi18, South Crescent, Washington, Tyne And Wear NE38 9AS3
£120K02/210.68 mi10, South Crescent, Washington, Tyne And Wear NE38 9AS3
£182K08/230.71 mi7, Finchale, Washington, Tyne And Wear NE38 7HE3
£97.2K06/210.71 mi8, Mendip Drive, Washington, Tyne And Wear NE38 0PN3
£101K06/230.72 mi26, Gladstone Terrace, Penshaw, Houghton Le Spring, Tyne And Wear DH4 7PJ3
£239K03/240.74 mi1, Dundrennan, Washington, Tyne And Wear NE38 7TX3

Local Rents

16 rents from £675/mo to £1.8K/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£75012/240.27 miFernlea Close, Fatfield, Washington, Tyne and Wear, NE383
£69512/240.32 mi-3
£67502/240.48 mi-3
£79508/230.61 mi-3
£72508/240.63 mi-3
£1,80005/240.71 miThe Generals Wood, Washington, Tyne and Wear, NE383
£80003/250.83 mi-3
£79505/240.88 miBurtree, Lambton, Washington, Tyne and Wear, NE383
£70005/240.92 mi-3
£1,10012/240.97 miSternboro Park, Penshaw, Houghton le Spring, Tyne and Wear, DH43
£72512/240.97 mi-3
£77512/241 mi-3
£79502/251.02 mi-3
£72512/241.13 miPetteril, Washington, Tyne and Wear, NE383
£80012/241.16 miPetteril, Washington, Tyne and Wear, NE38 9EQ3
£67505/241.22 mi-3

Local Area Statistics

Population in NE38

31,232

Population in Washington

52,264

Town centre distance

1.17 miles away

Nearest school

0.10 miles away

Nearest train station

3.05 miles away

 

 

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £100,000

March 22, 2025

Floor Plans

Description

  • 3 Bedroom Home +
  • Additional Downstairs WC +
  • Close To Local Amenities, Schools and Transport Links +
  • Conservatory +
  • Freehold +
  • Great Location in Fatfield +
  • Seperate Utility Room +
  • NO ONWARD CHAIN!! +

Riverside Residential welcome to the sales market, with no onward chain, this three-bedroom family home situated pleasantly in the highly popular area of Southcroft, Fatfield.

Internal inspection is highly recommended to fully appreciate the size and style of this property.

Offering spacious accommodation with a low-maintenance rear garden in a highly desirable area, this property is not to be missed.

The property briefly comprises a huge lounge, large fitted kitchen, bathroom, and three generously sized bedrooms.

Fatfield is a highly sought-after area and lies within the catchment area for local schools, including Fatfield Primary School, St Robert of Newminster, and Biddick Academy. It is also located right on the river, with miles of beautiful trail walks and greenery. Washington Riverside is just a two-minute walk away and offers a range of bars and restaurants.

Entrance:
Access into inner hallway.

Lounge:
Large, spacious lounge, light, bright and airy. Features an electric fire with surround, double glazed window to the front, and sliding doors leading to the conservatory at the rear. Finished with carpet flooring.

Kitchen:
Fitted with a range of wall and base units, stainless steel one and a half bowl sink, integrated electric double oven and gas hob with overhead extractor. Double glazed windows, neutral décor, and wood-effect flooring.

Conservatory:
A good-sized conservatory to the rear of the property, neutrally decorated and finished with carpet flooring.

Utility:
Separate utility room with plumbing and electric supply.

W/C:
Low-level W/C and corner wash hand basin.

Bedroom One:
Double bedroom with double glazed window, built-in wardrobe and vanity unit, neutral décor and carpet flooring.

Bedroom Two:
Double bedroom with double glazed window, neutral décor and carpet flooring.

Bedroom Three:
Large single bedroom with double glazed window, neutral décor and carpet flooring.

Bathroom:
Family bathroom with double glazed privacy window, bath with overhead shower and screen, low-level W/C and wash hand basin. Tiled walls and carpet flooring.

External:
To the front, there is a low-maintenance garden, and to the rear, a small, low-maintenance block-paved garden.

Council Tax Band: Band A (Sunderland Council)
Tenure: Freehold

Agent Details

Riverside Residential Property Services, Washington

0191 416 9944

Next Steps?

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