Go back

2 Bed Semi-Detached House For Sale Coach Road Estate, Washington, NE37

£80,000- Semi-detached

Yield: 6.77%
1 of 11
Yield: 6.77%
Save
  • Rental Guide: £360 - £455
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Tenure: Freehold
  • 2 Bedroom Semi-detached
  • Beautiful Private Gardens
  • Combi Boiler
  • Good Parking
  • Great Room Sizes
  • Popular & Quiet Residential Area
Last Updated: 8th April 2021

Description

Riverside Residential bring to the market with NO ONWARD CHAIN this well-proportioned two bedroom semi-detached home in a popular and quiet area of Coach Road, Usworth.

The property comprises: large and bright living room, kitchen leading to useful enclosed outhouse, two double bedrooms and a family bathroom.

Externally the property excels with a quiet green to the front and a good sized private garden to the rear leading to a quiet road offering good parking free from passing traffic.

Surrounded by excellent schools such as George Washington Primary school and Saint Bedes Roman Catholic Primary school, as well as being close top all major road networks, this property is a perfect positioned.

Hall w: 2.1m x l: 2.1m
Welcoming hallway with access to staircase and door to living room and kitchen.

Lounge 5.39m x 2.99m
Large dual-aspect living room with neutral décor and carpet flooring.

Kitchen 3.9m x 2.34m
Good sized kitchen with a range of wall and base units, contrasting worktops, gas hob, electric oven, fully tiled and wood effect flooring. A door also leads to outhouse buildings which have been converted into an outside utility providing excellent secure storage.

Bedroom 1 4.48m x 2.81m
Large double sized bedroom with two windows providing excellent natural light and carpet flooring, complete with fitted wardrobes.

Bedroom 2 3.08m x 3.01m
Double sized bedroom with window to the rear of the property and carpeted flooring, also with fitted wardrobes.

Bathroom 2.34m x 1.71m
Modern and good sized shower room.

Externally
Externally the property is superb with a quiet green to the front and a good sized private garden to the rear leading to a quiet road offering good parking free from passing traffic.
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.
6.3

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 poor return.
3

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:
£2,400
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 higher regular return, when compared to other conservative investments.
7

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 2 bedroom property. See more properties like this.

Property Image
9.3
£55,000
Apartment
Yield: 9.84%
ROCI: 24%
Property Image
7.8
£87,000
Terraced
Yield: 8.07%
ROCI: 26%
Property Image
7.3
£90,000
Terraced
Yield: 7.8%
ROCI: 25%
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
2 Bedroom properties in “NE37” are mostly listed between £360 - £455. 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