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Washington, NE37

£24,950|Flat | 1 bedroom | Leasehold|↑55.94% compared to last sold price
Approximate area: NE37
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Added on 24th April 2026 by NGU HOMES, Gateshead
On the market for 4 months, 20 days
Summary
1 Bed Flat | Investment Opportunity | Tenant in Situ | 12% Yield Achieved | Immediate Income | Excellent EPC Rating of B | Close to The Galleries Washington | No Chain | Service Charge Includes Buildings Insurance | Furniture Included in Sale
Price history
2020 £16,000
  (-51.52%)
2006 £33,000
  (+37.50%)
2004 £24,000
  (+182.35%)
1999 £8,500
£0£10k£20k£30k£40k199920082017May 26Jul 26Sep 26Asking £24,950
Sold pricesAsking price since listing
EPC data
Date of EPC: 9th January 2026 - Valid
EPC rating: B
Property age: 1967-1975
EPC energy efficiency rating: current 81, potential 82
Rent data
3 properties with the same number of bedrooms and style in the same area to let
The asking rent is £595 which represents a yield of 28.6% if buying at the asking price
A yield of 31.8% if purchased for 90% of the asking price (£22,455)
A yield of 35.8% if purchased for 80% of the asking price (£19,960)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £1,247.50
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 6th August 2026 the asking price was reduced from £27,950 to £24,950