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3 Bed Flat, Single Let, Washington, NE38 7BA, £95,000

95 Lowthian Terrace, Columbia, Washington, NE38 - 15 days ago

Leasehold
BTL
ROI: 8%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£15.5K - £185K
Sold Prices/m²£183/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£44,814

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

£550 - £3,300

Rent Estimate

£650

Running Costs/mo

£447

Cashflow/mo

£203

Cashflow/yr

£2,438

ROI

8%

Gross Yield

8%

Local Sold Prices

22 sold prices from £15.5K to £185K, average is £40.5K. £183/m² to £2.3K/m², average is £482/m².

PriceDateDistanceAddressBeds 
£95K03/230.13 mi1, Glen Terrace, Washington, Tyne And Wear NE38 7AY3
£63K02/210.92 mi109, Spout Lane, Washington, Tyne And Wear NE37 2UD3
£56K07/231.16 mi40, Warkworth Close, Washington, Tyne And Wear NE38 0JN3
£50K12/221.27 mi69, Bamburgh Close, Washington, Tyne And Wear NE38 0HP3
£30K09/221.27 mi5, Wellington Court, Washington, Tyne And Wear NE37 3DT3
£110K06/231.28 mi27, Pinewood Avenue, Washington, Tyne And Wear NE38 9AY3
£35K02/211.28 mi31, Neville Court, Washington, Tyne And Wear NE37 3DY3
£42K11/221.29 mi35, Neville Court, Sulgrave, Washington, Tyne And Wear NE37 3DY3
£32K12/201.3 mi62, Kenilworth Court, Washington, Tyne And Wear NE37 3EG3
£25.5K01/231.3 mi74, Kenilworth Court, Washington, Tyne And Wear NE37 3EG3
£41K10/201.33 mi29, Kenilworth Court, Washington, Tyne And Wear NE37 3EA3
£35K02/231.33 mi53, Kenilworth Court, Washington, Tyne And Wear NE37 3EA3
£15.5K06/241.36 mi103, Collingwood Court, Washington, Tyne And Wear NE37 3EF3
£35K08/221.37 mi35, Collingwood Court, Washington, Tyne And Wear NE37 3EB3
£38.8K09/221.37 mi37, Collingwood Court, Washington, Tyne And Wear NE37 3EB3
£35.5K06/231.39 mi161, Waterloo Walk, Washington, Tyne And Wear NE37 3EL3
£17K01/211.39 mi161, Waterloo Walk, Washington, Tyne And Wear NE37 3EL3
£45K06/222.19 mi7, South Burn Terrace, New Herrington, Houghton Le Spring, Tyne And Wear DH4 7AW3
£40K12/202.19 mi6, South Burn Terrace, New Herrington, Houghton Le Spring, Tyne And Wear DH4 7AW3
£185K06/212.58 mi1, Woodhall Spa, Shiney Row, Houghton Le Spring, Tyne And Wear DH4 4QL3
£75K06/232.83 mi53, Morris Street, Birtley, Chester Le Street, Tyne And Wear DH3 1DX3
£128K06/212.84 mi14, Pine Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ES3

Local Rents

31 rents from £550/mo to £3.3K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£80003/250.3 mi-3
£67505/240.33 miHorsley Road, Washington3
£72508/240.34 mi-3
£79508/230.35 mi-3
£55007/240.47 mi-3
£55005/240.47 miWaskerley Road, Washington, NE383
£65004/250.5 mi-3
£70004/240.54 mi-3
£1,10005/240.59 miBurnhope Road, Washington, Tyne and Wear, NE38 8DY3
£75005/240.64 miStockley Road, Washington, Tyne and Wear, NE38 8JB3
£75005/240.68 miStockley Road, Sunderland, NE383
£75012/240.69 miFernlea Close, Fatfield, Washington, Tyne and Wear, NE383
£95005/240.74 miRushmore Grange, Washington Village3
£65012/240.78 mi-3
£70012/240.8 miThornton Court, Glebe, Washington3
£75007/240.92 mi123 Spout Lane3
£75007/241.02 miUrban Gardens , Concord, Washington3
£70012/241.04 miHertburn Gardens, Concord , Washington3
£67504/241.1 mi-3
£67504/241.1 mi-3
£67505/241.1 miBeverley Court, Washington, NE373
£67505/241.12 mi-3
£70005/241.13 mi-3
£72512/241.14 mi-3
£2,00009/241.15 miOld School House, Coxgreen, Sunderland3
£67502/241.17 mi-3
£69512/241.17 mi-3
£65006/241.2 miArklecrag, Albany,Washington, Tyne and Wear, NE373
£79502/251.22 mi-3
£3,30003/251.23 mi-3
£77512/241.23 mi-3

Links

Local Area Statistics

Population in NE38

31,232

Population in Washington

52,264

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

2.60 miles away

 

 

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £95,000

March 27, 2025

Floor Plans

Description

  • 3 bedroom upper floor flat +
  • All Modern and Neutral Inside. +
  • Brand New Modern Bathroom +
  • Brand New Modern Kitchen +
  • Close To Local Amenities, Schools and Transport Links +
  • New Carpets Throughout +
  • No Onward Chain +
  • Off Street Parking +

Riverside Residential Properties are pleased to offer to the sales market, with NO ONWARD CHAIN, this immaculate three-bedroom first floor apartment on Lowthian Terrace, Columbia.

Completely refurbished from top to bottom, this stunning home is literally ready to move into and is sure to impress.

*Please not the freehold is currently in the process of being extended to 174 years*

The property briefly comprises: entrance into a small passage with stairs to the first floor, three bedrooms, lounge, kitchen, small vestibule, and bathroom. To the rear, there are stairs leading down to the private yard with off street parking facilities.

Columbia is perfectly positioned-just a short walk from both The Galleries Shopping Centre and the Historic Washington Village. The property also falls within the catchment area for both St Robert of Newminster and Biddick Academy, each just a five-minute walk away.

Accommodation

Entrance:
Entrance into an inner hallway with stairs to the first floor. Neutral décor and brand new plush cream carpet.

Lounge: 3.42m x 3.78m
A beautiful, neutrally decorated lounge with a double glazed window to the rear, radiator, and brand new plush cream carpet.

Kitchen: 3.23m x 2.45m
Stunning brand new fitted kitchen featuring a range of wall and base units with contrasting work surfaces, stainless steel sink, integrated electric hob and oven. Neutral walls, spotlights, and wood-effect flooring.

Bedroom One: 3.55m x 3.95m
Spacious double bedroom with feature fireplace, radiator, neutral walls, and brand new plush cream carpet.

Bedroom Two: 2.27m x 2.45m
Single bedroom with double glazed window, radiator, neutral walls, and brand new plush cream carpet.

Bedroom Three: 2.84m x 2.20m
Single bedroom with double glazed window, radiator, neutral walls, and brand new plush cream carpet.

Bathroom: 2.43m x 2.54m
Stunning brand new bathroom suite comprising a large bath with overhead shower and screen, vanity wash hand basin, and low-level WC. Wood-effect flooring.

External
Private rear yard with access via external stairs.

Council Tax Band: Band A (Sunderland Council)
Tenure: Leasehold (83 years)

Agent Details

Riverside Residential Property Services, Washington

0191 416 9944

Next Steps?

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

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