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3 Bed House For Sale Thornhill Gardens, Hartlepool, TS26

£115,000

Yield: 5.48%
1 of
Yield: 5.48%
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  • Rental Guide: £420 - £525
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 13th November 2020

Description

Next Step Property are pleased to offer to the market this lovely three bedroom property located in a very popular residential area and close to local schools and amenities.
Thornhill Gardens is a three bedroom end of terrace bay fronted property with open plan lounge and diner, modern kitchen and rear family garden.
Briefly comprises: Hall, Lounge / Dining room, Kitchen and Rear Garden. To the upper level there is three bedrooms and family bathroom.

Full Description - Next Step Property are pleased to offer to the market this lovely three bedroom property located in a very popular residential area and close to local schools and amenities.
Thornhill Gardens is a three bedroom end of terrace bay fronted property with open plan lounge and diner, modern kitchen and rear family garden.
Briefly comprises: Hall, Lounge / Dining room, Kitchen and Rear Garden. To the upper level there is three bedrooms and family bathroom.

Entrance Hall
Composite door with glass insert, stairs to upper floor, door leading to:

Lounge
uPVC bay window to front aspect, brick built chimney breast, wood flooring, light fitting, radiator.

Dining Area
uPVC French doors leading to the rear garden, feature chimney breast with log burner, radiator.

Kitchen
Shaker style kitchen with white doors and contrasting oak units to floor and wall level.
butchers block oak worktops and built in electric oven and 4 ring gas hob with extractor fan and stainless steel splash back. Stainless steel sink and drainer with mixer tap, uPVC window to rear aspect and uPVC door to rear garden.

External
Rear garden with paved area and steps up to an elevated lawned area.
To the front: brick boundary palisade.

Upper Floor

Landing
boarded loft

Family Bathroom
Modern suite featuring L Shaped bath, over bath shower and white brick porcelain tiles, vanity sink unit, WC, uPVC modesty window.

Master bedroom
Large bay fronted master bedroom with neutral carpet and radiator.

Bedroom 2
Large double room with storage, neutral carpet, radiator and uPVC window to the rear aspect.

Bedroom 3
Single bedroom to the front aspect.
Agent Details
Next Step Property Limited
12 Victoria Road, Hartlepool, TS24 7SE
Show Contact Number
01429 597 840
**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.
5.0

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

Very 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:
£3,450
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.

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 proximity are mostly listed £375 - £525 – 3 recently listed properties were found in that band. However, the highest were £1,295, £575, £525.

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