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3 Bed Semi-Detached House For Sale Welldeck Road, Hartlepool, TS26

£120,000- Semi-detached

Yield: 4.5%
1 of 14
Yield: 4.5%
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  • Rental Guide: £375 - £450
  • 3 Bedroom(s)
  • Description
  • Street View
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Last Updated: 30th March 2021

Description

An extended three bedroom semi detached house which offers very capacious accommodation with mature gardens to both front and rear & off road parking can also be found. This well appointed mature home comprises, welcoming entrance hall, bow fronted lounge with contemporary style fireplace, dining room with French doors overlooking that well stocked garden, a refitted extended kitchen having a host of integrated appliances with handy utility area and cloaks/wc off. To the first floor you will find three light & airy bedrooms and refitted white bathroom suite. Externally there is a fenced enclosed garden to front whilst to the rear there is a well stocked mature garden which should prove to be a suntrap in the Summer Months with the added bonus of off road parking accessed via double wooden gates.
Agent Details
Dowen
6 Jubilee House, York Road, Hartlepool, TS26 9EN
Show Contact Number
01429 860 806
**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.
4.5

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

Very 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:
£3,600
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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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 proximity are mostly listed £375 - £450 – 4 recently listed properties were found in that band. However, the highest were £495, £450, £450.

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