7 Bed Terraced House, Cash/Bridging Only, Gateshead, NE8 4AD, £200,000

Raby Street, Gateshead, Tyne And Wear, NE8 4AD - 1 views - 10 days ago

Cash
ROI: 3%
~217 m²
+4 photos

ValuationFair Value

Sold Prices£225K - £2.7M
Sold Prices/m²£1.8K/m² - £3K/m²

 

 

Square Metres

~217 m²
Price/m²£922/m²

Value Estimate

£202,000

 

 

End Value (After Refurb)

£297,856

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Refurb Costs

£83,067

Bridging Loan Interest

£5,250

Total Cash In

£151,267

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£297,856

Mortgage (After Refinance)

£223,392

Mortgage LTV

75%

Cash Released

£73,392

Cash Left In

£77,875

Equity

£74,464

Rent Range

£595 - £4,500

Rent Estimate

£1,730

Running Costs/mo

£1,297

Cashflow/mo

£433

Cashflow/yr

£5,198

ROI

3%

Gross Yield

10%

Local Sold Prices

8 sold prices from £225K to £2.7M, average is £857.5K. £1.8K/m² to £3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£225K04/242.08 mi21, Harrison Place, Newcastle Upon Tyne, Tyne And Wear NE2 1DE7
£2.7M03/232.44 miFerndale, Clayton Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 1TL7
£632.6K11/212.53 mi31, Eslington Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 4RN7
£1.2M09/212.65 mi5, Tankerville Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 3AH7
£1.0M03/242.72 mi2, Henshelwood Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 3AU7
£1.0M03/242.72 mi2, Henshelwood Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 3AU7
£428K01/212.74 mi6, Queens Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2PP7
£685K04/212.93 mi52, Reid Park Road, Newcastle Upon Tyne, Tyne And Wear NE2 2ES7

Local Rents

52 rents from £595/mo to £4.5K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£60001/240.03 mi-3
£65001/250.03 mi-3
£59506/240.04 miNorthbourne Street, Gateshead, Tyne And Wear, NE83
£69504/240.04 mi-3
£75007/240.04 mi-3
£69512/240.04 mi-3
£69512/240.04 mi-3
£95009/240.08 mi-3
£72507/240.09 miShipcote Terrace, Gateshead, Tyne And Wear, NE83
£89506/240.09 miInskip Terrace, Gateshead3
£3,50003/250.17 mi-4
£80004/240.17 mi-3
£95006/240.24 miPrince Consort Road, Gateshead3
£1,35006/240.24 miPark View Avenue, Low Fell4
£70012/240.25 mi-3
£94506/240.26 miRodsley Avenue, Gateshead, Tyne And Wear, NE83
£84502/250.27 mi-4
£1,00006/240.28 miRodsley Avenue, Gateshead3
£75006/240.3 miBrinkburn Avenue, Bensham, Gateshead, Tyne And Wear, NE83
£79503/250.3 mi-3
£2,75012/240.3 mi-4
£3,00003/250.3 mi-4
£2,75012/240.3 mi-4
£1,29506/240.3 miLow Fell4
£1,65012/230.3 mi-5
£1,55007/240.31 miPark View Avenue, Gateshead3
£62501/240.33 mi-3
£62501/240.33 mi-3
£65011/240.33 mi-3
£65001/250.33 mi-3
£3,47006/240.34 mi-5
£4,50009/240.34 mi-5
£4,50003/250.34 mi-5
£2,95001/240.35 mi-5
£3,50006/240.35 mi-5
£3,75011/240.35 mi-5
£3,75004/250.35 mi-5
£75004/240.37 mi-3
£82503/250.37 mi-3
£69506/240.38 miWestbourne Avenue, Gateshead3
£89506/240.39 miOld Durham Road, Gateshead, NE83
£89507/240.39 miOld Durham Road, Gateshead, NE83
£89507/240.39 mi-3
£89507/240.39 mi-3
£3,50003/250.4 mi-4
£79510/230.4 mi-3
£77506/240.42 mi-3
£3,50003/250.43 mi-4
£3,50003/250.44 mi-5
£3,50003/250.45 mi-3
£2,25002/240.45 mi-4
£3,50003/250.45 mi-4

Local Area Statistics

Population in NE8

32,358

Population in Gateshead

122,353

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £200,000

March 27, 2025

Description

  • High Passive Income +
  • 7 Bedrooms +
  • £2600 PCM Rent +
  • Turnkey Investment +
  • Full Occupancy Now +
  • Fully Furnished +
  • High Spec +
  • Fully Managed +
  • 3 Bathrooms +
  • High Demand +

Prime Investment Opportunity: High-Yield 7-Bedroom Terrace Generating £2,600/Month Gross Rent

This Property is only listed until Monday - save Hanafin Estate details to keep in contact so you don't miss out!

Unlock the door to exceptional passive income with this meticulously maintained 7-bedroom, 3-bathroom terrace house - a cash-flow powerhouse in a booming rental market. Currently delivering a robust £31,200 in annual gross rental income, this property is a turnkey solution for savvy investors chasing high yields and long-term returns.

Purpose-built for profitability, each of the seven spacious letting rooms comes equipped with its own electricity consumption unit, ensuring streamlined management and tenant accountability. The fully furnished, high-spec kitchen is a standout feature - complete with a premium fridge, top-tier cooker, and every essential, it's designed to attract quality tenants and keep occupancy rates sky-high. Add in the expansive lounge area - perfect for shared living - and this property effortlessly blends comfort with practicality.

Spread across three floors, the layout maximizes space and rental potential, while the three modern bathrooms cater to tenant convenience, reducing friction and boosting appeal. In pristine condition, this reluctant sale offers a rare chance to acquire a well-oiled income generator with zero upfront hassle - it's ready to perform from day one.

For investors seeking a hands-off, high-return asset, this is the golden ticket. Properties like this - blending scale, quality, and immediate cash flow - don't linger. Act fast to secure your slice of this lucrative opportunity!

Agent Details

Hanafin Estates, Darlington

01325 796678

Next Steps?

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