2 Bed Flat, Single Let, Hebburn, NE31 1FE, £95,000

Landfall Drive, Hebburn, NE31 1FE - 19 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£42K - £103K
Sold Prices/m²£609/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£97,080
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£500 - £1,800

Rent Estimate

£511

Running Costs/mo

£419

Cashflow/mo

£92

Cashflow/yr

£1,103

ROI

4%

Gross Yield

6%

Local Sold Prices

52 sold prices from £42K to £103K, average is £80K. £609/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£83K04/220 mi72, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£80K03/230 mi5, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£86K12/220 mi86, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£85K04/240 mi70, Landfall Drive, Hebburn, Tyne And Wear NE31 1FE2
£82.5K04/220.04 mi5, May Close, Hebburn, Tyne And Wear NE31 1FD2
£42K10/200.1 mi23, Tweed Street, Hebburn, Tyne And Wear NE31 1XP2
£68K07/230.13 mi10, Vimy Avenue, Hebburn, Tyne And Wear NE31 1QR2
£50K01/210.16 mi75, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PR2
£75K03/210.18 mi30, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£78K06/230.18 mi50, Olwen Drive, Hebburn, Tyne And Wear NE31 1AR2
£60K01/210.2 mi19, Station Road, Hebburn, Tyne And Wear NE31 1LA2
£87.5K03/230.21 mi23, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£80K12/230.21 mi26, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£100K07/240.21 mi15, Tidespring Row, Hebburn, Tyne And Wear NE31 1AS2
£68K03/220.25 mi41, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£77.5K03/230.25 mi25, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£68K04/230.25 mi23, Victoria Road East, Hebburn, Tyne And Wear NE31 1XG2
£62.5K09/210.27 mi51, Victoria Road East, Hebburn, Tyne And Wear NE31 1XL2
£69K11/220.27 mi27, Victoria Road West, Hebburn, Tyne And Wear NE31 1UZ2
£69K01/210.29 mi3, Quarry Road, Hebburn, Tyne And Wear NE31 2UN2
£78K10/200.29 mi37, Wellington Street, Hebburn, Tyne And Wear NE31 2UQ2
£85K07/220.29 mi33, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£85K12/200.3 mi25, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£87.5K04/210.3 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£83K10/210.3 mi32, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£79K01/230.3 mi29, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£100K04/230.3 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.3 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.3 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£74K03/230.32 mi76, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£72K11/220.33 mi74, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£82K09/220.34 mi109, Ellison Street, Hebburn, Tyne And Wear NE31 1EE2
£72K05/240.35 mi18, Victoria Street, Hebburn, Tyne And Wear NE31 1DY2
£65K11/220.37 mi25, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£80K04/230.38 mi53, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K05/230.38 mi51, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£75K02/210.4 mi16, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£65K05/210.41 mi24, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£90K05/210.41 mi10, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240.41 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£75K02/240.41 mi26, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£92K12/200.42 mi36, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£84.5K01/210.42 mi17, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£95K03/210.46 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£95K03/210.46 mi4, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£85K08/230.46 mi1, Springwood, Hebburn, Tyne And Wear NE31 1DA2
£85K07/230.51 mi26, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£90K11/230.51 mi4, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£65K09/230.51 mi22, Bonnar Court, Hebburn, Tyne And Wear NE31 2YN2
£95K08/220.52 mi7, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£103K07/210.52 mi8, The Riverside, Hebburn, Tyne And Wear NE31 1BG2
£75K09/230.52 mi2, The Riverside, Hebburn, Tyne And Wear NE31 1BG2

Local Rents

26 rents from £500/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65006/240.15 miWhickham Road, Hebburn, South Tyneside2
£65005/240.16 mi-2
£62507/240.17 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.2 mi-2
£72506/240.26 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2
£60004/240.27 mi-2
£62507/240.27 mi-2
£62506/240.27 miVictoria Road West, Hebburn, NE312
£57505/240.27 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£79507/240.28 miQuarry Road, Hebburn, Tyne and Wear, NE31 2UN2
£75007/240.29 mi-2
£53005/240.29 miVictoria Street, Hebburn2
£55005/240.31 miAshwood Croft, Hebburn2
£70006/240.32 miChurch Street, Hebburn2
£65003/250.35 mi-2
£69505/240.37 mi-2
£65007/240.38 miAnn Street, Hebburn, NE312
£75007/240.39 miAgincourt, Hebburn, Tyne and Wear, NE312
£65005/240.4 miHazelmoor, Hebburn2
£55005/240.41 miAgincourt, Hebburn2
£67505/240.42 mi-2
£1,80003/250.42 mi-2
£50009/230.51 mi-2
£69506/240.54 miWindsor Crescent, Hebburn2
£77505/240.58 miPalmer Crescent, Hebburn, Tyne & Wear2
£85006/240.61 miToner Avenue, Hebburn2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.37 miles away

Nearest school

0.30 miles away

Nearest train station

0.36 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £95,000

March 26, 2025

Description

  • Buy-to-Let Opportunity +
  • Tenants Currently Situated +
  • Spacious Lounge +
  • Modern Kitchen +
  • Likely to attract enquiries from Serious Investors & Developers +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2-bedroom flat located in Hebburn. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has tenants currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-maintained home features two bedrooms, two bathrooms, a spacious lounge, and a modern kitchen.

Investment details

It currently produces an annual gross income of £9,000 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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