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3 Bed Semi-Detached House For Sale St. Andrews Avenue, Washington, NE37

£110,000- Semi-detached

Yield: 6.38%
1 of 13
Yield: 6.38%
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  • Rental Guide: £465 - £585
  • 3 Bedroom(s)
  • Description
  • Street View
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Key Features

  • 3 Bedroom Semi Detached Home
  • Close To Local Amenities, Schools And Transport Links
  • Converted Loft
  • Large Room Sizes
  • No Onward Chain!!
  • Popular & Quiet Residential Area
  • Private Rear Garden
Last Updated: 7th November 2020

Description

Riverside Residential offer for sale with NO ONWARD CHAIN this deceptively spacious and extended three end-terrace home, all modern inside with a good sized rear garden in the popular family area of Donwell.

Property comprises: Large lounge with dinign area to the rear, modern kitchen and uPVC door to the rear garden. To the first floor two large double rooms and a modern bathroom and the second floor houses the large loft extended bedroom with velux windows.

Externally there is a private garden to the front of the property and to the rear a completely private and un-overlooked garden mainly to lawn.

With easy access to all of the local amenities offered in and around Washington and the surrounding area, and within excellent commuting distance to all major road networks and bus routes, this immaculate home also benefits from gas central heating via a combi boiler and double glazing.

An absolutely ideal opportunity for the family to acquire this deceptively spacious home within this sought after location; thorough internal inspection is essential in order to fully appreciate the standard, layout and size of property for sale.

Lounge: 6.2m x 3.6m
Kitchen 3.7m x 3.3m
Bedroom 1: 3.4m x 2.7m
Bedroom 2: 3.2m x 3.1m
Bathroom: 1.9m x 1.9m
Bedroom 3: 5.2m x 3.7m
Agent Details
Riverside Residential Property Services
21a, Lowthian Terrace, Washington, NE38 7BA
Show Contact Number
0191 416 9944
**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.
5.9

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.
2

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:
£3,300
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.
6

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 “NE37” are mostly listed between £465 - £585. 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