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4 Bed Town House For Sale Hill Rise, Washington, NE38

£230,000- Town

Yield: 6.26%
1 of 15
Yield: 6.26%
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  • Rental Guide: £960 - £1,200
  • 4 Bedroom(s)
  • Description
  • Street View
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Key Features

  • 4 Bedroom Townhouse
  • Extended To Rear Offering Larger Living Space
  • Bi-fold Doors
  • 2 En-suite Bathrooms
  • Under Floor Heating In Kitchen
  • All Modern And Neutral Inside.
  • Garage And Driveway
  • Downstairs Wc And En Suite Bathrooms
  • Highly Desirable Washington Village Location
  • Catchment Area For Great Schools
Last Updated: 14th November 2020

Description

Located in the heart of Washington Village we offer this stunning and immaculate four bedroom extended townhouse. Offering large living space, a fantastic extension with full width bi-folding doors and modern décor.

the property briefly comprises: Large extended kitchen/diner with bi-folded doors, downstairs wc, great sized lounge, four large bedrooms, (two of which has a private en-suite shower room) and a family bathroom.

Externally to the front there is a driveway to a single garage and to the rear a beautiful sunny garden with lawn and patio areas.

Positioned in a beautiful and highly sought after street within Washington Village. The village is steeped in history but full of modern amenities including bars, restaurants, coffee shops, St Joesph primary school and Wessington primary school and local boutique shops. The Galleries shopping centre and sports/leisure centre is within approx. 1 mile distance, and for those who commute it is a short drive away to major road networks including the A1 and A19.
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.
5.8

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 a very poor return.
2

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:
£6,900
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

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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