3 Bed Terraced House, Single Let, Gateshead, NE11 9SR, £225,000

Palatine Place, Dunston, NE11 9SR - 2 views - 6 months ago

Sold STC
BTL
~93 m²
+21 photos

ValuationOvervalued

Sold Prices£50K - £305K
Sold Prices/m²£694/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£150,615

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£833 - £3,500

Rent Estimate

£895

Running Costs/mo

£902

Cashflow/mo

£-7

Cashflow/yr

£-85

Gross Yield

5%

Local Sold Prices

50 sold prices from £50K to £305K, average is £159K. £694/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£160K09/230.06 mi11, Ravensworth Terrace, Dunston, Gateshead, Tyne And Wear NE11 9TE3
£185K02/210.11 mi40, Holmside Avenue, Gateshead, Tyne And Wear NE11 9TJ3
£105K12/210.13 mi49, Renforth Street, Gateshead, Tyne And Wear NE11 9BE3
£212K07/230.13 mi10, Horsley Gardens, Gateshead, Tyne And Wear NE11 9TL3
£225K07/230.13 mi22, Horsley Gardens, Gateshead, Tyne And Wear NE11 9TL3
£160K02/230.15 mi36, Spoor Street, Gateshead, Tyne And Wear NE11 9BD3
£100K12/200.15 mi6, Wilson Street, Gateshead, Tyne And Wear NE11 9UB3
£170K09/210.16 mi31, Rochester Gardens, Gateshead, Tyne And Wear NE11 9TH3
£107K02/210.18 mi4, Kensington Terrace, Gateshead, Tyne And Wear NE11 9SL3
£148K12/200.19 mi2, Cypress Crescent, Gateshead, Tyne And Wear NE11 9UY3
£198K04/240.2 mi23, Appleton Close, Gateshead, Tyne And Wear NE11 9SG3
£159.9K10/210.21 mi2, Moore Avenue, Gateshead, Tyne And Wear NE11 9UE3
£152K09/230.21 mi1, Moore Avenue, Gateshead, Tyne And Wear NE11 9UE3
£105K06/210.22 mi16, Wallace Street, Gateshead, Tyne And Wear NE11 9AY3
£137K07/230.24 mi29, Cedar Crescent, Dunston, Gateshead, Tyne And Wear NE11 9UU3
£180K01/230.24 mi17, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH3
£200K12/230.24 mi15, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH3
£175K03/240.24 mi32, Thornhill Close, Gateshead, Tyne And Wear NE11 9SH3
£150K03/230.25 mi10, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£140K10/230.25 mi17, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£176K10/230.25 mi18, Whickham Avenue, Gateshead, Tyne And Wear NE11 9UH3
£137K06/210.25 mi16, Victoria Street, Gateshead, Tyne And Wear NE11 9AX3
£135K10/220.26 mi13, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS3
£172K01/240.26 mi52, Cypress Crescent, Gateshead, Tyne And Wear NE11 9XA3
£157K12/220.26 mi4, Shrewsbury Street, Gateshead, Tyne And Wear NE11 9NS3
£130K06/210.28 mi66, Glebe Terrace, Gateshead, Tyne And Wear NE11 9NQ3
£120K07/210.28 mi64, Glebe Terrace, Gateshead, Tyne And Wear NE11 9NQ3
£145K07/230.31 mi2, Grace Street, Gateshead, Tyne And Wear NE11 9NT3
£98K03/210.31 mi11, Grace Street, Gateshead, Tyne And Wear NE11 9NT3
£132.3K07/220.31 mi18, Barry Street, Dunston, Gateshead, Tyne And Wear NE11 9AS3
£150K10/220.31 mi54, Glebe Terrace, Gateshead, Tyne And Wear NE11 9NQ3
£175K07/230.31 mi16, Johnson Street, Dunston, Gateshead, Tyne And Wear NE11 9AQ3
£173K11/230.31 mi20, Johnson Street, Dunston, Gateshead, Tyne And Wear NE11 9AQ3
£50K12/200.32 mi14, Knightside Gardens, Gateshead, Tyne And Wear NE11 9RL3
£190K01/230.32 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£245K01/240.32 mi1, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£135K06/210.32 mi5, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£162K08/230.32 mi6, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£160K07/230.32 mi26, Redesdale Gardens, Gateshead, Tyne And Wear NE11 9XH3
£137.5K07/230.33 mi10, Clavering Square, Gateshead, Tyne And Wear NE11 9PF3
£170K01/210.33 mi28a, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£135K06/210.34 mi25, King George Avenue, Gateshead, Tyne And Wear NE11 9UP3
£275K12/220.34 mi13, Monkridge Gardens, Gateshead, Tyne And Wear NE11 9XE3
£158K12/230.35 mi13, Keppel Street, Gateshead, Tyne And Wear NE11 9AR3
£167K04/230.35 mi28, Keppel Street, Gateshead, Tyne And Wear NE11 9AR3
£125K01/210.36 mi32, Rendel Street, Gateshead, Tyne And Wear NE11 9ES3
£305K02/220.36 miAdderstone, Dunston Bank, Gateshead, Tyne And Wear NE11 9QA3
£108.9K07/210.36 mi324, Dunston Road, Gateshead, Tyne And Wear NE11 9PB3
£184K02/230.37 mi3, Park Terrace, Dunston, Gateshead, Tyne And Wear NE11 9PA3
£160K07/220.37 mi13, Moorfoot Gardens, Gateshead, Tyne And Wear NE11 9LA3

Local Rents

20 rents from £833/mo to £3.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£89506/240.18 mi-3
£90003/250.2 mi-3
£89503/250.27 mi-3
£1,20011/240.35 mi-3
£1,25001/250.35 mi-3
£1,25007/240.36 miRopery Road, Gateshead, NE83
£99504/240.37 mi-3
£83303/250.4 mi-3
£87512/240.41 mi-3
£99506/240.43 mi 10 Pacha Way, , Gateshead, , Tyne and Wear3
£1,10006/240.46 miTrinity Courtyard, The Staiths, Gateshead, NE83
£95005/240.49 mi-3
£1,10002/250.49 mi-3
£90007/240.54 miMay Courtyard, Shrove Pass, Gateshead, NE83
£3,50003/250.54 mi-3
£89512/240.55 miBittern Close, Gateshead, Tyne and Wear, NE11 9FG3
£1,00007/240.55 miAbbeyfield Close, Gateshead3
£99506/240.55 miBittern Close, Dunston, NE113
£1,02006/240.57 miJuly Court Yard, Sunny Side South, Gateshead, NE83
£1,00007/240.58 miNorthside, The Staithes, Dunston3

Local Area Statistics

Population in NE11

16,348

Population in Gateshead

122,353

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.05 miles away

 

 

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £225,000

October 1, 2024

Floor Plans

Description

  • Three Double Bedrooms +
  • Superb Dining Kitchen +
  • Modern Bathroom +
  • Garage & South Facing Garden +
  • Council Tax Band B +
  • EPC Rating C +

AN IMPRESSIVE home presented over three floors with driveway parking and a GARAGE. The stunning internal living space includes a lounge, a FABULOUS open plan dining kitchen with patio doors to the south facing rear garden, a guest cloaks/wc, three double bedrooms and a MODERN BATHROOM. The location offers convenient access to local amenities and facilities as well as for access to transport routes and services. A MUST SEE!

Agent Details

Sarah Mains Residential Sales and Lettings, Whickham

0191 625 1022

Next Steps?

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