2 Bed Terraced House, Single Let, Hebburn, NE31 1ED, £110,000

Parliament Street, Hebburn, NE31 1ED - 21 days ago

BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£58K - £265K
Sold Prices/m²£649/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£127,321
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£530 - £1,800

Rent Estimate

£538

Running Costs/mo

£471

Cashflow/mo

£67

Cashflow/yr

£800

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £58K to £265K, average is £118K. £649/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£85K07/210 mi4a, Parliament Street, Hebburn, Tyne And Wear NE31 1ED2
£88K09/210.01 mi16, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£90K01/240.01 mi58, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£100K10/200.01 mi50, Ann Street, Hebburn, Tyne And Wear NE31 1DP2
£81K02/210.06 mi30, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£58K01/210.07 mi13, Church Street, Hebburn, Tyne And Wear NE31 1DR2
£108K02/210.08 mi19, Pinewood, Hebburn, Tyne And Wear NE31 1YP2
£135K05/210.09 mi168, Ellison Street, Hebburn, Tyne And Wear NE31 1BW2
£117K10/220.1 mi118, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£70K02/230.11 mi116, Lyon Street, Hebburn, Tyne And Wear NE31 1DN2
£127K10/230.13 mi26, Jedmoor, Hebburn, Tyne And Wear NE31 1ET2
£113K09/210.2 mi61, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£93K05/240.2 mi39, Hazelmoor, Hebburn, Tyne And Wear NE31 1DH2
£180K06/230.27 mi63, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£265K02/240.27 mi73, Marina View, Hebburn, Tyne And Wear NE31 1RY2
£118K08/240.28 mi70, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£122.5K06/240.28 mi88, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£120K02/230.28 mi71, Agincourt, Hebburn, Tyne And Wear NE31 1AW2
£127.5K07/240.28 mi60, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£130K06/240.28 mi56, Agincourt, Hebburn, Tyne And Wear NE31 1AN2
£133K11/210.33 mi21, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£160K12/230.33 mi44, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£133K11/200.33 mi16, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£124K04/210.33 mi6, Marina View, Hebburn, Tyne And Wear NE31 1RX2
£122.6K06/230.45 mi25, Hedgeley Road, Hebburn, Tyne And Wear NE31 1PP2
£130K11/220.47 mi13, Rede Avenue, Hebburn, Tyne And Wear NE31 1QT2
£130.3K11/230.49 mi39, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£125K03/240.5 mi39, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£102.5K07/210.5 mi18, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£124K06/230.5 mi60, Makendon Street, Hebburn, Tyne And Wear NE31 1RF2
£118K10/220.51 mi65, The Cornfields, Hebburn, Tyne And Wear NE31 1YJ2
£95K04/210.52 mi56, St Rollox Street, Hebburn, Tyne And Wear NE31 1ND2
£70K04/230.54 mi14, Buchanan Street, Hebburn, Tyne And Wear NE31 1NB2
£75K03/240.55 mi98, Hedgeley Road, Hebburn, Tyne And Wear NE31 1HA2
£130K09/230.56 mi1, Graham Road, Hebburn, Tyne And Wear NE31 1NA2
£70K02/210.57 mi18, Shakespeare Avenue, Hebburn, Tyne And Wear NE31 1PT2
£67.5K02/210.58 mi99, Tennant Street, Hebburn, Tyne And Wear NE31 1LN2
£115K12/200.6 mi22, Montrose Crescent, Hebburn, Tyne And Wear NE31 1TF2
£120K01/230.63 mi19, Waverdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4JY2
£115K06/230.64 mi11, Wordsworth Avenue, Hebburn, Tyne And Wear NE31 1QE2
£90K02/240.64 mi18, Union Street, Wallsend, Tyne And Wear NE28 6BW2
£93.3K01/230.64 mi8, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£109.5K11/230.65 mi24, Carville Gardens, Wallsend, Tyne And Wear NE28 6BA2
£150.5K03/230.65 mi39, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£147K06/240.65 mi19, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£125K04/240.65 mi9, The Avenue, Wallsend, Tyne And Wear NE28 6BT2
£130K05/230.66 mi56, Victoria Road East, Hebburn, Tyne And Wear NE31 1QW2
£164K08/240.68 mi7, Nidsdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4LN2
£103.1K05/210.68 mi3, Tharsis Road, Hebburn, Tyne And Wear NE31 1LT2
£94K10/210.69 mi117, Midway, Newcastle Upon Tyne, Tyne And Wear NE6 3PB2

Local Rents

21 rents from £530/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65007/240.01 miAnn Street, Hebburn, NE312
£70006/240.06 miChurch Street, Hebburn2
£65003/250.1 mi-2
£53005/240.1 miVictoria Street, Hebburn2
£55005/240.14 miAshwood Croft, Hebburn2
£1,80003/250.2 mi-2
£67505/240.21 mi-2
£65005/240.25 miHazelmoor, Hebburn2
£69505/240.28 mi-2
£55005/240.29 miAgincourt, Hebburn2
£75007/240.31 miAgincourt, Hebburn, Tyne and Wear, NE312
£75007/240.44 mi-2
£65005/240.52 mi-2
£65006/240.52 miWhickham Road, Hebburn, South Tyneside2
£62507/240.54 miTweed Street, Hebburn, Tyne and Wear, NE312
£67502/250.58 mi-2
£60004/240.6 mi-2
£57505/240.6 miVictoria Road West, Hebburn, Tyne And Wear, NE312
£62507/240.6 mi-2
£62506/240.6 miVictoria Road West, Hebburn, NE312
£72506/240.61 miVictoria Road East, Hebburn, Tyne and Wear, NE31 1XG2

Local Area Statistics

Population in NE31

19,746

Population in Hebburn

19,774

Town centre distance

0.74 miles away

Nearest school

0.40 miles away

Nearest train station

0.73 miles away

 

 

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £110,000

March 24, 2025

Floor Plans

Description

  • Mid Terraced House +
  • Two Bedrooms +
  • Well Presented +
  • Perfect First Time Buy +
  • Excellent Location +
  • Private Yard +

Introducing the ideal home for first-time buyers, a charming mid terraced house situated on Parliament Street. This beautiful property has all the key features that make it a perfect match for those looking to step onto the property ladder.

The reception area is spacious and well-lit, creating a comfortable living space to relax and entertain in. The neutral décor provides a fantastic blank canvas, allowing you to truly make this house your own.

Adjacent to the reception area is the fully fitted kitchen, complete with modern appliances and ample storage.

The bathroom, features a contemporary design with sleek fixtures and fittings. The tastefully tiled walls and vanity unit add a touch of elegance to this modern bathroom, providing a perfect retreat for relaxation.

Both bedrooms are generously sized, offering ample space for comfortable living.

The outdoor space offers endless opportunities for enjoying al-fresco dining, hosting barbecues, or simply basking in the sunshine.

Located on Parliament Street, this house benefits from excellent proximity to local amenities, including good local schools, shops, and public transportation. Hebburn Metro is just a short walk away with links to Newcastle, Sunderland and South Shields. The beautiful Hebburn riverside is also close to enjoy lovely river walks.

This property represents an excellent opportunity for first-time buyers looking to invest in a property that offers both comfort and convenience. Its prime location, well-presented interior, and private yard make it an ideal space to call home. Don't miss out on this perfect first-time buy. Contact us today to arrange a viewing!

Entrance Features: Via UPVC double glazed door.

Entrance (3.91 x 3.69) Features: UPVC double glazed window, stairs to first floor, storage cupboard, radiator, laminate wood flooring.

Kitchen (3.49 x 2.35) Features: UPVC double glazed window, radiator, range of wall and floor units, oven, hob, extractor hood, tiled floor, breakfast bar, spotlights to ceiling.

Bathroom (2.55 x 1.75) Features: UPVC double glazed window, panelled bath, low level WC, vanity wash basin, heated towel rail, overhead shower.

First Floor Landing Features: UPVC double glazed window.

Bedroom One (3.97 x 3.04) Features: UPVC double glazed window, radiator, spotlights to ceiling.

Bedroom Two (3.37 x 3.12) Features: UPVC double glazed window, radiator, access to loft.

Rear External Features: private yard.

Material Information • Tenure- Freehold • Length of lease- N/A • Annual ground rent amount- N/A • Ground rent review period- N/A • Annual service charge amount- N/A • Service charge review period- N/A • Council tax band – A • EPC - TBC

Agent Details

Chase Holmes, Hebburn

0191 625 0273

Next Steps?

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