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3 Bed Bungalow House For Sale Pipershaw, Washington, NE37

£275,000- Bungalow

Yield: 2.55%
1 of 15
Yield: 2.55%
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  • Rental Guide: £465 - £585
  • 3 Bedroom(s)
  • Description
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Key Features

  • Tenure: Freehold
  • Detached
  • Three Bedrooms
  • En-suite To Main Bedroom
  • Open Plan Living With Bi-fold Doors
  • South Facing Garden
  • Modern Finish Throughout
  • Bathroom With Shower Over Bath
  • Parking For Four Cars
  • Double Garage With Electric Roller Door
  • Corner Plot
Last Updated: 26th March 2021

Description

This detached three bedroom bungalow comes with a high standard of finish due to the owners thoughtful décor throughout.

The property is situated in a corner plot with gardens to the rear and side, to the external of the property you will find a driveway for two cars and a double garage with an electric roller door. The property comprises of: Hallway with study area, open plan kitchen/diner and lounge with Bi-Fold doors to a south facing garden with a patio area perfect for soaking up the late evening sun, bathroom with shower over bath, three double bedrooms with the bedroom 1 benefiting from an en-suite.

The property is not to missed and a viewing is essential, please call the Washington office on[use Contact Agent Button]
Agent Details
Pattinson
The Galleries, Washington, NE38 7SD
Show Contact Number
0191 415 4467
**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.
2.2

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:
£8,250
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8.9

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
2

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 “NE37” are mostly listed between £465 - £585. 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