3 bed flat for sale South Burn Terrace, New Herrington, Tyne and Wear, DH4

3 beds 1 bath Mid Terrace Flat

Leasehold

Added on 16/09/2026

About this property

A spacious three bedroom first floor flat offering a great investment opportunity, currently being offered for sale with a tenant in situ paying £575 pcm. The private entrance hall leads you to the stairs and a spacious Landing. The Lounge is served by a modern style kitchen with built in appliances and the three bedroom are served by a family bathroom.

Key features

3 Bed First Floor Flat
No Upward Chain
Ideal for Investor or FTB
Approx. 69SqM - 743SqFt
Council Tax Band A
Leasehold- Tyneside Lease
999yrs from 08-08-1986

Floorplan

Location

South Burn Terrace, New Herrington, Tyne and Wear, DH4

Open map Street View

Council tax band: A

Mortgage and stamp duty

Property price £50,000

£25k £75k

Deposit10% £5,000

£0 £50k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.