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3 Bed Semi-Detached House For Sale Sherwood Close, Washington, NE38

£180,000- Semi-detached

Yield: 3.84%
1 of 14
Yield: 3.84%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Biddick Area
  • Close To Good Schools
  • Modernised To A High Standard
  • Three Spacious Bedrooms
  • Beautiful Garden To Rear
  • Driveway
Last Updated: 15th November 2020

Description

This modernised semi-detached home must be viewed to appreciate the quality on offer and we believe this would make a great purchase for families and first time buyers alike. The downstairs living space is large, functional and versatile in use. The double, interconnecting doors leading from the rear of the lounge to the kitchen/ diner, allow the space to have an open plan feel for the ultimate entertaining space, with natural light flowing through double glazed windows and French doors, whilst also allowing a separation for cosy winter nights. The kitchen is a quality suite with a tasteful choice of floor, tile and ample fitted units, to complete the ground floor, the converted garage contains additional living space and storage through the use of a utility and snug. Upstairs you will find three bedrooms, all of which have been completed with modern decoration in keeping with the rest of the home. The bathroom is an attractive three piece suite with modern tiles. Externally this property truly shines as the detached plot occupies a desirable position on the street. Both off street and on street parking are available for owners with multiple cars. The rear has an enclosed garden with lush green lawn, two separate seating areas, including one decked area, perfect for summer barbeques and for children to play. Additionally this property benefits from double glazing throughout and a gas central heating.

A delightful home situated in this highly sought after area of Glebe, Washington. The property is located on a tranquil and peaceful setting with excellent schools and local amenities located within walking distance, whilst The Galleries shopping centre is merely a 5 minute drive away. Also ideal for commuters this property has quick dual carriageway access to both the A1 and A19, allowing ease of access to the region.
Agent Details
Bridgfords
48-49, The Galleries, Washington Centre, Washington, NE38 7SD
Show Contact Number
0191 462 0071
**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.
3.4

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:
£5,400
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.6

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
4

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