Go back

3 Bed Bungalow House For Sale Lambton Court, Washington, NE38

£340,000- Bungalow

Yield: 2.03%
1 of 15
Yield: 2.03%
Save
  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Tenure: Freehold
  • Sought After Location
  • Three Bedrooms
  • Kitchen/diner
  • Conservatory
  • Garage
  • South-west Facing Garden
  • Redecorated Throughout
  • Bedroom With En-suite
Last Updated: 26th March 2021

Description

A Beautifully presented three bedroom Dorma Bungalow situated in the sought after location of High Rickleton Village. The property offers fantastic commuter links for the A1, local shops and the surrounding areas.

The high standard of finish is not to be missed, the property benefits from double glazing, gas central heating and new electrics. The home office could be adapted to a fourth bedroom with the relevant changes.
In brief the property comprises of: A welcoming entrance hallway, where you will find the lounge with bay window, kitchen/diner and conservatory which is perfect for soaking up the late evening sun with its South-Westerly aspect, two double bedrooms, bathroom with shower over bath. On the first floor, you will find a home office or nursery and third double bedroom with en-suite. To the external of the property you will find a sun trap of a rear garden with two patio areas, side access to the property and access to the garage. To the front of the property there is driveway perfect for off street parking.

This property is not to be missed out on and a viewing is essential, 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.
1.7

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:
£10,200
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8.4

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

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
8.0
£84,950
Terraced
Yield: 8.14%
ROCI: 26%
Property Image
5.5
£115,000
Terraced
Yield: 6.01%
ROCI: 18%
Property Image
5.1
£125,000
Terraced
Yield: 5.53%
ROCI: 16%
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