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3 Bed Detached House For Sale Portmarnock, Washington, NE37

£215,000- Detached

Yield: 3.27%
1 of 15
Yield: 3.27%
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  • Rental Guide: £465 - £585
  • 3 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • 3 Bedroom Detached Home
  • All Modern And Neutral Inside.
  • Extended Family Home
  • Lots Of Parking
  • Modern Kitchen And Bathroom
  • Private Rear Garden (not Overlooked).
  • Quiet Usworth Cul-de-sac
  • 2 Min Walk To Golf Course
Last Updated: 10th November 2020

Description

We offer to the market this stunning and well positioned three bedroom detached and extended property located in the ever popular Portmarnock, Usworth. Decorated to a high standard throughout with a modern kitchen and bathroom and spacious living rooms throughout as well as spacious garden.

The property briefly comprises: Ground floor - Entrance hall, Spacious lounge through to dining room through to stunning garden room with bi-fold doors, refitted kitchen and converted reception room (with storage to front). First floor - Three bedrooms and a large family bathroom
Externally the property benefits from a private driveway and a good sized well maintained garden.

Positioned within a quiet and sought after cul-de-sac within Usworth, Washington. It is ideally placed for those who commute being only a short drive away to major road networks including the A1 and A19. It is also within close proximity to schools, shops and local transport links as well as being a stones through to the Mecure George Washington Hotel which offers a spa, restaurants and bar and a golf course.

Lounge/Dining Room 23'7 x 11'0
Inner Lobby
Kitchen 12'2 x 10'5
Garden Room 12'2 x 11'0
Bedroom 1 11'5 x 10'10
Bedroom 2 10'10 x 10'3
Bedroom 3 10'2 x 7'5
Bathroom
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 fully classified.
2.9

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:
£6,450
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.3

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
3

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