Go back

3 Bed Townhouse House For Sale Teal Farm Way, Washington, NE38

£190,000- Townhouse

Yield: 3.64%
1 of 15
Yield: 3.64%
Save
  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Tenure: Freehold
  • 3 Double Bedrooms
  • All Modern And Neutral Inside.
  • Garage And Driveway
  • Master Bedroom With En-suite
  • Master Bedroom With En-suite And Dressing Room
  • Modern Kitchen And Bathrooms
  • Popular & Quiet Residential Area
  • Popular Location In Teal Farm
  • Well Laid Out Townhouse
Last Updated: 12th March 2021

Description

Riverside Residential are pleased to offer to the market this beautiful and extended modern three bedroom townhouse with detached garage on a pleasant plot within the highly popular Barratt Homes development at Teal Park Farm.

This stylish home has a large and well thought out floorplan with good sized bedrooms and an amazing master suite on the top floor with huge bedroom, dressing area and en-suite bathroom.

This stunning home briefly comprises: entrance hall with ground floor WC, spacious lounge with French doors, conservatory and kitchen. The first floor has two large double bedrooms and a family bathroom and the amazing master on the second floor with dressing area and en-suite.

In addition the property also has neutral décor throughout, gas central heating and uPVC double glazing.

Externally there is a low maintenance rear garden with a side gate to the garage and driveway.
Teal Farm, Washington is the perfect place from which to enjoy what the north east has to offer. Close to hand is a sainsbury's local, hair and beauty salon, and a local family friendly pub and restaurant. Situated between the three cities of Sunderland, Newcastle and Durham, ideal for transport links and access across the region via the A19 or A1(M).

Hall
uPVC door, laminate floor, radiator

Cloaks/Wc
WC, wash basin, extractor fan

Lounge: 4.32m x 5.00m
Large and bright lounge, uPVC double glazed window and double doors to the conservatory.

Conservatory: 4m x 3m
Bright space, perfect for enjoying relaxing warm days!

Kitchen/Diner: 4m x 1.9m
Modern fitted kitchen with a range of wall and base units with gas hob and extractor over, built in electric oven, stainless steel sink with half unit, drainer and mixer tap, space for automatic washing machine, space for dishwasher, UPVC double glazed window, radiator, wood effect floor.

First Floor Landing
Neutral décor and built in storage cupboard

Family Bathroom: 1.91m x 1.68m
Panelled bath with feature splash-backs, WC, pedestal wash basin, UPVC double glazed window, part tiled, radiator

Bedroom 2: 4.1m x 3.5m
Large double sixed room which has been divided allowing for a office/walk in wardrovbe or storage room, window to rear.

Bedroom 3: 4.1m x 3.5m
Large double sized room with window to the front.

Second Floor -

Master Bedroom: 6.86m max x 3.96m plus wardrobes
Amazing master bedroom with fitted wardrobes, built in storage cupboard, plus amazing dressing room with more built in wardrobes, sky light, uPVC double glazed window, two radiators and its own upgraded en-suite.

External - Garden to the front and rear, detached garage and driveway to the rear.
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.
3.2

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:
£5,700
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.5

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

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
9.8
£80,000
Property
Yield: 8.64%
ROCI: 28%
Property Image
9.8
£80,000
Terraced
Yield: 8.25%
ROCI: 26%
Property Image
7.1
£190,000
Townhouse
Yield: 7.58%
ROCI: 24%
See More Properties
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