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3 Bed Terraced House For Sale Donvale Road, Washington, NE37

£125,000- Terraced

Yield: 5.62%
1 of 15
Yield: 5.62%
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  • Rental Guide: £465 - £585
  • 3 Bedroom(s)
  • Description
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Last Updated: 9th November 2020

Description

Property for Sale: 182 Donvale Road, Donwell, Washington, Tyne and Wear, NE37 1DTDescription: A well-presented and well-maintained, spacious mid terrace house, with lots of storage space, situated in the popular location of Donvale Road. The property is warmed by gas central heating via combi boiler and has the benefit of full uPVC double glazing throughout.

The accommodation comprises: porch, entrance hallway, kitchen with integrated oven, hob and dishwasher and access to stunning living/dining room with French doors opening into the rear garden, and another set of French doors opening into a conservatory.

There is also a room that has been added to the front of the house which can be used as an office/storeroom/bedroom. The first-floor landing provides access into the master bedroom, one further double bedroom, a single bedroom and modern fitted bathroom. There is a low maintenance garden to the front, and to the rear a sunny south facing garden is laid to lawn, with trees and flower beds, has a patio area and large garden shed. Viewings are highly recommended to appreciate this delightful home that is tastefully decorated throughout in neutral colours.The property is in a popular residential area of Donwell with connections to the A1 and A19, ideal for commuting and access to the Metro Centre, Team Valley and the Galleries Shopping Centre is nearby.

Price: £130,000

Accommodation comprises:

Ground FloorPorch 5’8” x 4’10”
With UPVC double glazed windowsProvides access to the front entrance door.

Entrance Hall
Front entrance door leads into the hallway which has two radiators and includes 2 storage cupboards, coat cupboard, and a staircase leading to the first floor.

Cloakroom 4’7” x 3’3”
With UPVC double glazed window:

Comprises wash hand basin and WCMultipurpose room 9’8” x 6’9”
Has 1 radiator and at present is used as a storeroom but could be a study, office, bedroom, utility room; with UPVC double glazed window

Kitchen 11’4” x 13’10
Includes a range of bespoke fitted base and eye level units, with co-ordinated work surfaces, combi boiler, single drainer sink unit, built in storage cupboard, integrated dishwasher, ceramic hob, oven and hood, partial tiling to walls, and single radiator, with UPVC double glazed window

Lounge/Dining Room 20’6” x 14’0”
Beautiful and light south facing room which has the sunlight all day. Laminate flooring, French windows, UPVC double glazed, leading to the patio and garden, a second set of French windows, UPVC double glazed, leading to the conservatory. 2 double radiators.

Conservatory 9’0” x 8’5”
UPVC double glazed, French doors to gardenFirst floor landingIncluding airing cupboard and access to loft space.

Bedroom 1 13’3” x 10’5”
With UPVC double glazed window, large radiator, carpet

Bedroom 2 11’9” x 10’2”
With UPVC double glazed window, range of stunning fitted Hammond wardrobes, dressing table, desk and drawers, radiator,carpet.

Bedroom 3 10’6” x 7’4”
With UPVC double glazed window, includes built in wardrobe, single radiator

Bathroom 8’5” x 6’4”
Modern bathroom with UPVC double glazed window, cladding and spotlights to ceiling, heated towel radiator, panelled bath with shower over, storage unit containing wash hand basin and a WC.

Externally
There are gardens to the front and rear of the property, the rear being south facing. The front is pebbled while the rear is laid to lawn with trees and flower beds, a patio and a large shed.
Agent Details
Doorsteps.co.uk
Whitefriars Avenue, Harrow, HA3 5RN
Show Contact Number
020 8012 8566
**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.
5.2

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:
£3,750
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:

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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 “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