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3 Bed Terraced House For Sale Dene Court, Washington, NE38

£129,950- Terraced

Yield: 5.32%
1 of 12
Yield: 5.32%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Epc Rating C
  • Highly Sought After Location
  • Refurbished Accommodation
  • Open Plan Dining Kitchen
  • Re-fitted Family Bathroom
  • Modern Combi Boiler
  • Attractive Decked Rear Garden
Last Updated: 29th October 2020

Description

A recently refurbished mid terraced home situated in the highly popular Washington Village. The Village is popular with both first time buyers and young families and we feel the property will be attractive to both. Greatly improved, the property benefits from an open plan dining kitchen, a re-fitted family bathroom, a modern combi boiler and an attractive decked rear garden with outhouse. The full layout comprises; Entrance to front with stairs to first floor and door to the attractively decorated lounge with built in storage cupboard. dining kitchen to rear with breakfast bar and sliding door storage. landing with storage/airing cupboard and three bedrooms, two of which are doubles with built in storage. The modern bathroom includes feature lighting, a shower over the bath and vanity unit. Outside, the walled front garden is paved and the rear garden has been decked to provide a lovely seating/barbecue area. The rear garden includes an outhouse and a gate leads to the rear lane.

Agent Details
YOUR MOVE Chris Stonock
Unit K The Galleries, Washington Centre, Washington, NE38 7SD
Show Contact Number
0191 416 0100
**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 partially classified.
4.9

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:
£3,899
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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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