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3 Bed Terraced House For Sale Horsley Road, Washington, NE38

£80,000- Terraced

Yield: 8.64%
1 of 15
Yield: 8.64%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • All Modern And Neutral Inside.
  • Beautiful Neutral Decor
  • Double Driveway
  • Immaculate And Modern
  • Modern Kitchen And Bathroom
  • No Onward Chain!!
  • Three Bed End Terrace
  • Three Bedroom End Terrace
Last Updated: 13th November 2020

Description

A credit to the current owner this ready to move into and greatly improved three bedroom end-terrace property boasts spacious accommodation making it ideal for both first time buyer looking for a starter home and young/growing families alike and has gas central heating and double glazing and had superb off street parking with a double driveway, viewing is a must to fully appreciate this beautiful and deceptively spacious family home.

Situated for access to local amenities in around Washington including schools, The Galleries Shopping Centre and local transport to Sunderland, Gateshead and Newcastle.

The property comprises of: Entrance hall, Kitchen with dining area, lounge/dining room. To the first floor: Landing leading to three double bedrooms, modern bathroom. Further benefits include; Gas central heating, double glazing and large rear sunny garden with double driveway!

GROUND FLOOR
Entrance door leading to the entrance hallway.

KITCHEN 2.49m x 5.45m
Recently modernised kitchen fitted with a modern range of wall and floor units incorporating worktops, inset sink with mixer tap. The downstairs cloaks have also been removed offering this amazing space its own dining area!
LOUNGE/DINING ROOM 8.83m (29') x 4.79m (15'9)
Large L shaped lounge with wood effect flooring and neutral décor with door to the rear garden.

BEDROOM 1: 4.39m (14'5) x 2.71m (8'11)
With radiator and window to the rear.
BEDROOM 2: 3.51m (11'6) x 2.66m (8'9)
With radiator and window to the rear.

BEDROOM 3: 2.66m (8'9) x 3.1m (10'2)
Radiator and window to the front.

BATHROOM
New modern bathroom with white three piece bathroom suite as well as separate double length shower!

EXTERIOR
To the rear is a large south facing rear garden mostly decked and a double width gated driveway for loads of secure parking!
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.
9.8

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 an excellent regular return.
10

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:
£2,400
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 higher regular return, when compared to other conservative investments.
8

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 “NE38” are mostly listed between £460 - £580. 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