This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£130,000
2 bedroom Mid Terrace House for sale, Fern Dene Road, Gateshead, NE8
Virtual tours
Features and Description
- Two Bed Mid Terraced House
- No Chain Involved
- Investment Opportunity
- Approx. Floor Area 872 sq FT or 81 sq M
- Council Tax Band A
- EPC RATING D
Mid terraced house with no chain involved. Ideal for investors or First Time Buyers.
AGENTS NOTE: The pictures are from SEPTEMBER 2022 and should not be relied upon as a true reflection of its current condition.
This property presents a fantastic investment opportunity, currently let on a 12-month tenancy agreement until 23rd November 2025, generating a rental income of £725 per calendar month.
At the current asking price, the property offers an attractive gross yield of approximately 12%, making it an ideal choice for investors seeking strong returns from day one.
The property has a valid Electrical Installation Condition Report until 19th February 2026, a Gas Safety Certificate (CP12) until 1st November 2025 and Energy Performance Certificate until 1st February 2031.
The property features an entrance lobby, spacious lounge with bay window, inner hall with stairs to first floor, dining room to rear. Well equipped kitchen with oven and hob.
First floor landing with access to loft space and storage cupboard, double bedroom to front with bay window, rear double bedroom and partially tiled bathroom/WC with white suite and shower.
Private and enclosed rear yard. Gas central heating via combi boiler and double glazed windows throughout.
We understand the property is Freehold.
To proceed to rent this property you will have to sign a Holding Deposit Agreement and pay a Holding Deposit of one weeks rent which will be used as part of the first rent payment upon signing the tenancy agreement. The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Fern Dene Road, Gateshead, NE8
Additional Information
-
Property refQLF250403
-
EPCD
-
TenureFreehold
-
Council TaxA
Do you have a property you need to sell?
Your Move Estate Agents Low Fell
Your Move Low Fell
Durham House 449-451 Durham Road, Low Fell, Gateshead, NE9 5EX
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
Buyer Tools
Mortgage Calculator
Monthly payment
£
Borrowing £117,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Stamp duty calculator
Similar properties for sale by Your Move Low Fell
Nearby locations
Photos
Virtual tours
Floorplan
Map view
Street view
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
62Potential
88CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs