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3 Bed Terraced House For Sale Teviot, Washington, NE38

£84,950- Terraced

Yield: 8.14%
Auction Property
1 of 14
Yield: 8.14%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.

Key Features

  • For Sale Via Auction
  • Spacious Terraced House
  • Popular Location
  • Double Glazing & Gch
  • Front & Rear Gardens
  • Quote Id: 385739
Last Updated: 5th November 2020

Description

FOR SALE BY WAY OF ONLINE AUCTION ON - 15TH DECEMBER, 2020 - Terms and Conditions apply. Option 2. See ATTENTION BUYERS - NO BUYERS PREMIUM TO PAY


Available with no onward chain, a spacious mid-terraced house situated on Teviot within this popular area of Rickleton in Washington. The property is warmed via gas central heating and has the benefit of double glazing. the well presented accommodation briefly comprises: entrance hallway lounge, fitted breakfasting kitchen with French doors leading out to garden. To the first floor three bedrooms one with fitted wardrobes, shower room and separate wc. Externally there are gardens to both front and rear. Viewings are recommended to appreciate.
ENTRANCE HALLWAY

LOUNGE 5.37m (17'7) x 3.25m (10'8)

FITTED BREAKFASTING KITCHEN 5.33m (17'6) x 2.76m (9'1)

FIRST FLOOR

REAR BEDROOM 2.92m (9'7) x 2.81m (9'3)

REAR BEDROOM 3.31m (10'10) x 2.45m (8'0)

FRONT BEDROOM 2.41m (7'11) x 2.41m (7'11)

SHOWER ROOM

SEPARATE WC

Working Hard For You
Our Customer Care Centre is open until 8pm EVERY weekday and 10am - 4pm EVERY Saturday and Sunday so if lazy Sundays are not your thing we would love to hear from you. Call either your local branch or
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Disclaimer
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C
Agent Details
Andrew Craig
582, Durham Road, Gateshead, NE9 6HX
Show Contact Number
0191 487 5330
**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.
8.0

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 good regular return.
8

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:
£2,549
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 higher regular return, when compared to other conservative investments.
8

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.

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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