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2 bed house for sale Parliament Street, Hebburn, NE31

Asking price

£100,000

Added on 16/09/2026

Type: House
Bedrooms: 2
Bathrooms: 1
Size: £147 per sq ft
Tenure: Freehold

Key features

INVESTMENT OPPORTUNITY
TENANT IN SITU
8.4% GROSS RENTAL YIELD
ESTABLISHED TENANCY
FREEHOLD
GAS CENTRAL HEATING
DOUBLE GLAZING
POPULAR HEBBURN LOCATION
CLOSE TO LOCAL AMENITIES
IDEAL BUY-TO-LET INVESTMENT

About this property

Hunters Estate Agents are pleased to offer to the market this two-bedroom terraced property on Parliament Street, Hebburn, offered for sale as an investment with the existing tenants remaining in situ. With an asking price of £100,000, the property currently provides an attractive gross rental yield of approximately 8.4%, making it an appealing opportunity for landlords and investors looking to acquire an established rental property with income already being generated.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,695
Band B

£1,977
Band C

£2,260
Band D

£2,542
Band E

£3,107
Band F

£3,672
Band G

£4,237
Band H

£5,084

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Newcastle upon Tyne, 2026/27 bills run from £1,695 a year in band A to £5,084 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Newcastle upon Tyne, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home (approx.)

£147 / sq ft

Area average (sold)

£204 / sq ft

Price per area, sold homes nearby

£117 / sq ft

£147 / sq ft

£286 / sq ft

Lowest

This home

Highest

About £147 per sq ft, below the middle of recent sales in NE31 (£117–£286, 10th–90th percentile, 612 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 612 homes sold in NE31 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in NE31 →

Location

Parliament Street, Hebburn, NE31

Open map Street View

Mortgage and stamp duty

Property price £100,000

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
2, Parliament Street Terraced	Terraced	Jul 2026	484 sq ft £130/sq ft	484 sq ft	£130	£62,950
37, Parliament Street Terraced	Terraced	Jul 2025	614 sq ft £171/sq ft	614 sq ft	£171	£105,000
11, Parliament Street Terraced	Terraced	Jun 2025	710 sq ft £155/sq ft	710 sq ft	£155	£110,000
27, Parliament Street Terraced	Terraced	Sept 2024	678 sq ft £103/sq ft	678 sq ft	£103	£70,000
16, Parliament Street Terraced	Terraced	Mar 2024	506 sq ft £109/sq ft	506 sq ft	£109	£55,000
4a, Parliament Street Terraced	Terraced	Sept 2023	775 sq ft £125/sq ft	775 sq ft	£125	£97,000
12, Parliament Street Terraced	Terraced	Sept 2022	1,044 sq ft £134/sq ft	1,044 sq ft	£134	£140,000
6, Parliament Street Terraced	Terraced	Oct 2021	1,023 sq ft £111/sq ft	1,023 sq ft	£111	£114,000