Waterloo Walk, Washington, NE37 3EL
AR

Waterloo Walk, Washington, NE37 3EL

By Armstrongs Sales & Lettings

£ 22,000

Reviews

2 out of 5 stars

Armstrongs Sales & Lettings says ..

Armstrong Sales and Lettings welcome to the sales investment market this 1 bedroom flat, situated in the Waterloo Walk block building, in Washington. This is a tenanted property, being sold with the tenant to remain in and marketed to an investor seeking a monthly rental income of £355pcm. This f...

Property Oracle says ..

This property is a one-bedroom flat located on Waterloo Walk in Washington, Sunderland. The location offers proximity to several well-regarded primary schools, making it potentially attractive for families. Commuting via train is feasible due to the relative closeness to Heworth train station. The flat itself presents itself cleanly and in relatively good condition, with what appears to be updated interior fixtures. However, the lack of any private outdoor space represents a significant drawback, and the property’s inclusion in an apartment block doesn’t present much in terms of unique character. The asking price appears reasonable considering the current market conditions for similar properties in the immediate vicinity. It is important to note that the overall assessment is somewhat limited by the lack of specified square footage of the property. This may influence future sales prices and appraisals. The property’s current tenant and consistent rental income may be an enticing proposition for an investor interested in rental yields. Buyers should conduct thorough due diligence, including a physical viewing and review of the lease agreement, before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
122,035.00 £
Decreased by 20.38 %
from 153,276.00 £
Average area rental value
631.00 £/mo
Decreased by 15.30 %
from 745.00 £/mo
Est rental Yield
6.20 %
Increased by 6.35 %
from 5.83 %
Crime Rate
28.00 %
Unchanged by 0.00 %
from 28.00 %

Agent Activity

  • Armstrongs Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Marlborough Primary SchoolCommunity SchoolGood0.39 KM
Usworth Colliery Primary SchoolCommunity SchoolGood0.57 KM
Usworth Colliery Nursery SchoolLocal Authority Nursery SchoolGood0.57 KM
Sunderland Children'S Centre WashingtonChildren's Centre0.69 KM
St Bede'S Catholic Primary SchoolAcademy Converter1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Station Terrace £ 000.00 KM
Tower Road £ 000.00 KM
The Pines £ 125,00000.00 KM
Manor Park £ 145,00000.00 KM
Vernon Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW6.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Waterloo Walk, Washington, Tyne And Wear, NE37 £ 7,400BUY5 / 100.00 KM
Waterloo Walk, Washington, Tyne And Wear, NE37 £ 7,400BUYUnknown0.00 KM
Waterloo Walk, Washington, NE37 £ 5,000BUY4 / 100.01 KM
Waterloo Walk, Washington, NE37 £ 7,000BUYUnknown0.02 KM
Waterloo Court, Sulgrave, Washington £ 10,000BUY4 / 100.02 KM

Nearby Properties

AddressPriceDistance
162 Waterloo Walk £ 33,5000.00 KM
134 Waterloo Walk £ 20,1000.00 KM
156 Waterloo Walk £ 19,7750.00 KM
136 Waterloo Walk £ 12,2500.00 KM
161 Waterloo Walk £ 35,5000.00 KM