3 bedroom semi-detached house

West Wylam Drive, Prudhoe NE425EP

Size: sqm

Purchase price

£120,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,940
Net income £5,940
Gross yield 4.95%
Net yield 4.95%

Yieldit are delighted to offer onto the market this sensational three bedroom semi detached residence in the sought after location of Prudhoe. The property briefly comprises of two good sized sitting rooms which are both very light and airy, kitchen, three good sized bedrooms, family bathroom, front and rear gardens and driveway.

Prudhoe is linked to Newcastle upon Tyne and the A1 by the A695 which used to pass through the centre of the town along Front Street. The A695 road now bypasses the town to the north through the industrial estate at Low Prudhoe. The better transport links of the new bypass have allowed the industrial estate to expand alongside the new road to the east, named Princess Way after the royal who opened SCA Hygiene.

Currently average asking price of a property in Prudhoe is around £188,741 based on approximately 135 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £624 per month.

Buyers are willing to pay high prices to grab these properties because of the recent trend in real estate investment especially in the Prudhoe area. In last year alone, the average price paid by buyers stood at around £162,364 based on approximately 135 sales in Prudhoe area alone. If you compare it to the last 3 yearsn sales of 389 properties where buyers paid around £151,604. (figures from Houser.co.uk)

EARN INSTANT IMCOME ON THIS ALREADY TENANTED PROPERTY - NOT AVAILABLE FOR OWNER-OCCUPIERS! 4,95% NET YIELD. Three bedroom semi detached property in a fantastic location with excellent transport links! Enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

THREE BEDROOMS

Key features

EARN INSTANT INCOME

Key features

FREEHOLD

Key features

FANTASTIC LOCATION

Key features

4,95% NET YIELD

Key features

GREAT TRANSPORT LINKS

Key features

FITTED KITCHEN

Key features

DOUBLE GLAZED

Key features

Freehold

EARN INSTANT IMCOME ON THIS ALREADY TENANTED PROPERTY - NOT AVAILABLE FOR OWNER-OCCUPIERS! 4,95% NET YIELD. Three bedroom semi detached property in a fantastic location with excellent transport links! Enquire today. More info...

Yieldit are delighted to offer onto the market this sensational three bedroom semi detached residence in the sought after location of Prudhoe. The property briefly comprises of two good sized sitting rooms which are both very light and airy, kitchen, three good sized bedrooms, family bathroom, front and rear gardens and driveway.

Prudhoe is linked to Newcastle upon Tyne and the A1 by the A695 which used to pass through the centre of the town along Front Street. The A695 road now bypasses the town to the north through the industrial estate at Low Prudhoe. The better transport links of the new bypass have allowed the industrial estate to expand alongside the new road to the east, named Princess Way after the royal who opened SCA Hygiene.

Currently average asking price of a property in Prudhoe is around £188,741 based on approximately 135 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £624 per month.

Buyers are willing to pay high prices to grab these properties because of the recent trend in real estate investment especially in the Prudhoe area. In last year alone, the average price paid by buyers stood at around £162,364 based on approximately 135 sales in Prudhoe area alone. If you compare it to the last 3 yearsn sales of 389 properties where buyers paid around £151,604. (figures from Houser.co.uk)

  • Key features
    Tick Desktop THREE BEDROOMS
    Tick Desktop EARN INSTANT INCOME
    Tick Desktop FREEHOLD
    Tick Desktop FANTASTIC LOCATION
    Tick Desktop 4,95% NET YIELD
    Tick Desktop GREAT TRANSPORT LINKS
    Tick Desktop FITTED KITCHEN
    Tick Desktop DOUBLE GLAZED
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,940
Net income £5,940
Gross yield 4.95%
Net yield 4.95%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.