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3 Bed Detached House For Sale Burnhope Road, Washington, NE38

£189,950- Detached

Yield: 3.64%
1 of 15
Yield: 3.64%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
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Key Features

  • Extended Detached Property
  • Three Bedrooms
  • Fitted Kitchen
  • Bathroom And Shower Room
  • Driveway
  • Garage
Last Updated: 26th October 2020

Description

SEVEN KEYS welcome to the market this well presented and spacious extended three bedroom detached house.

The layout briefly comprises: Entrance door to porch, welcoming hallway, open plan lounge diner, fitted kitchen, utility room, family room, ground floor shower room, stairs to first floor landing providing access to three bedrooms and a family bathroom with modern white suite. Externally there are front and rear landscaped gardens with patio a driveway and garage.

Well located with easy access to local services, facilities and transport links.

Book your viewing online today at SevenKeys.co.uk.  

HALLWAY Entrance hallway with radiator and staircase. 

LIVING ROOM 25' 8" x 19' 2" (7.84m x 5.86m) Generous sized living area. Complete with radiator, built in storage cupboard and stairs with feature lighting leading to the first floor. 

KITCHEN 9' 8" x 20' 6" (2.96m x 6.27m) Fitted kitchen with a good range of modern wall and floor units incorporating worktops, stainless steel sink with double drainer and mixer tap, appliances include a range style cooker with splash panel and canopy over, laminate style flooring, breakfast bar, windows to the front and side elevations. 

UTILITY ROOM Utility room with direct access to the Garage. 

FAMILY ROOM 14' 6" x 11' 1" (4.44m x 3.39m) Light family room. With French doors leading out into the rear garden. 

SHOWER ROOM White suite with chrome effect fittings comprising: Low level w.c, wash basin, walking shower with electric shower, spotlights to ceiling. 

BEDROOM ONE 11' 7" x 9' 9" (3.55m x 2.99m) Double bedroom with fitted wardrobes, radiator and spotlights to ceiling. 

BEDROOM TWO 11' 7" x 9' 9" (3.55m x 2.99m) Double bedroom with double glazed windows and radiator. 

BEDROOM THREE 10' 2" x 10' 4" (3.12m x 3.15m) Double bedroom with double glazed windows and radiator.  

BATHROOM White bathroom suite with chrome effect fittings comprising of a low level w.c and vanity basin, shower bath with fitted screen, tiles and radiator. 

EXTERNALLY Outdoor space compromising driveway and garage to the front. With a private enclosed garden to the rear of the property, patio area. 
Agent Details
Seven Keys
Unit 2, Boston House Fifth Avenue Team Valley Trading Estate Gateshead NE11 0HF
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been fully classified.
3.2

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£5,699
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.5

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 Bedroom properties in “NE38” are mostly listed between £460 - £580. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested