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4 Bed Detached House For Sale Barmston Road, Washington, NE38

£240,000- Detached

Yield: 6%
1 of 12
Yield: 6%
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  • Rental Guide: £960 - £1,200
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 12th November 2020

Description

Wonderfully presented four bedroom family home in Washington, Tyne and Wear.

Comprises of:
Warm and welcoming entrance hallway
Bright and airy living room with bay window
Modern and well appointed kitchen with good size dining area
Utility room with good space for appliances
Ground Floor WC
Master double bedroom with en-suite shower room
Three further well sized bedrooms
Three piece family bathroom
Integral garage
Private enclosed south facing garden

Ideally placed for local shops and amenities within walking distance as well as many country walks. The property gives access to excellent transport links to Gateshead, Newcastle and Sunderland making it perfect for commuters.

Viewing is highly recommended to fully appreciate the size and potential of this property.

Buyer Process: our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.






Entrance Hall


Lounge
15' 9" x 10' 10" (4.80m x 3.30m)

Kitchen
17' 1" x 11' 2" (5.20m x 3.40m)

Utility Room
5' 3" x 4' 11" (1.60m x 1.50m)

WC


Garage


Bedroom 1
13' 5" x 10' 6" (4.10m x 3.20m)

En-suite


Bedroom 2
11' 6" x 9' 10" (3.50m x 3.00m)

Bedroom 3
12' 10" x 9' 2" (3.90m x 2.80m)

Bedroom 4
7' 10" x 7' 3" (2.40m x 2.20m)

Bathroom
9' 6" x 6' 7" (2.90m x 2.00m)

VIEWING
Viewing strictly by appointment through British Homesellers.

TENURE
To be confirmed by the Vendor's Solicitors

DISCLAIMER
These particulars are a general outline only for the guidance of intending purchasers and do not constitute any part of a contract. Intending purchasers should not rely on them as statements of representation of fact, and should satisfy themselves by inspection or otherwise as to their accuracy. Photographs are reproduced for general information, it should not be assumed that contents/furniture photographed are included in the sale. Descriptions of the property are given in good faith, and are believe to be correct, but any intending purchasers should not rely on them as a statement of fact or representations of fact, but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. Please note that we have not tested any appliances, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in good working order. Solicitors should confirm moveable items described in the sales particulars are, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, any areas, measurements, aspects or distances used in this listing, may be approximate.Therefore if intending purchasers need accurate measurements, they should take such measurements themselves.


Property ref: 121_2473_4840943
Agent Details
British Homesellers
Spicer Street, St. Albans, AL3 4PQ
Show Contact Number
01727 861 580
**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.
5.5

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.
1

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:
£7,200
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.2

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

These figures are for illustration purposes, please adjust for greater accuracy.
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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
4 Bedroom properties in “NE38” are mostly listed between £960 - £1,200. 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