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Property Listing Details

Property details

  • 3 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • * Please note *The property has a flat roof and not of standard construction. (Mortgage dependants)

Listing view statistics

Last 30 days: 560 page views

Description

We offer This 3 bed freehold terraced house located at Torquay Parade, Hebburn NE31 2AD.

With a potential 12.5% yield (At £500pcm) this makes a superb investment for anyone looking to expand their portfolio or perhaps just starting out!
The layout briefly comprises entrance hall with stairs to first floor, lounge, kitchen, To the first floor are three bedrooms and a bathroom.
Additional benefits include gas central heating and double glazing.

Tenant in situ at £500.00pcm April 2018 long term AST

Please note this is Cash Purchase option only.

In addition to the purchase price a buyer’s premium off £2,000 plus VAT (£2,400 including VAT). To secure.

3 bed freehold terraced house

• 12.5% yield (At £500pcm)
• Tenant in situ at £500.00pcm 2018 (long term)
• 3 Bed
• No Works required
• Freehold
• Gas Central Heating
• Double Glazing
• Garden to rear

In addition to the purchase price a buyer’s premium of £2,000 plus VAT (£2,400 including VAT) to secure.

Please note this is Cash Purchase option only.

Disclaimer -

Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. Mortgage advice It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. Please note Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were (truncated)

Viewing Arrangements

To arrange an appointment to view this property, please contact us on , hours are Monday to Friday 9.00a.m. To 5.00p.m., Saturday 9.00a.m. To 12.00p.m.

Please note there is a tenant in situ..

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Heworth 1.2 miles
  • Manors 3.7 miles
  • White Mere Community Primary School 0.2 miles
  • Lingey House Primary School 0.4 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Heworth 1.2 miles
  • Manors 3.7 miles
  • White Mere Community Primary School 0.2 miles
  • Lingey House Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a house in NE31:

  • £111,588
  • Price increase

  • £7,355
  • (7.056%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £100,180
  • Properties sold

    37

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in NE31 is currently:

£676 pcm

Recent sales nearby

See all recent sales in NE31
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
4th Jun 2020 £50,000 Price increased by £2,000
14th Feb 2020 £48,000 First listed
23rd Dec 2005 £46,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Castledene Sales & Lettings - Seaham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Castledene Sales & Lettings - Seaham for full details and further information.