126 Waterloo Walk, Washington NE37 3EN
Listed 23 Sept 2026 · Washington
How the price compares
About this home
Auction Commencing on Monday 9th November at 1pm and ending 23 hours later on Tuesday 10th November around 11am with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast ONE BEDROOM TENANTED INVESTMENT A tenanted residential investment opportunity, offered for sale by auction and currently producing rental income of £420 per calendar month.
The property comprises a well-proportioned residential dwelling with accommodation arranged over the usual levels and benefits from an established tenancy, providing an immediate income stream for an investor. The property offers scope for future enhancement or improvement, subject to the necessary permissions and requirements.
Located within an established residential area, Waterloo Walk provides access to a range of local amenities, shops, schools and transport links, making the property suitable for those seeking a straightforward buy-to-let investment.
With a current rental income of £5,040 per annum, equating to an attractive gross yield of approximately 28% based on the guide price, the property presents an opportunity for landlords and investors looking to acquire a tenanted property with ongoing rental income. Tenure: See Legal Pack Administration Fee: £3600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Property details
- Property type
- Flat
Floorplan
Location
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1 on this map
- South Hylton Metro Station2.7 mi
- Pelaw Metro Station2.7 mi
- Heworth Station3.1 mi
What nearby homes sold for
Median sold prices in NE37 over the last 12 months: semi-detached £170k · terraced £120k · flat £35k · detached £368k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 128 Waterloo Walk Washington NE37 3EN | Flat Leasehold | 27 Apr 2026 | £37,000 |
| 157 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 2 Dec 2025 | £18,000 |
| 142 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 25 Nov 2025 | £35,000 |
| 154 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 9 Sept 2025 | £20,000 |
| 159 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 5 Sept 2025 | £15,000 |
| 156 Waterloo Walk Washington NE37 3EL | Other Leasehold | 28 May 2025 | £18,000 |
| 139 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 2 Apr 2025 | £25,000 |
| 134 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 1 Apr 2025 | £19,000 |
| 156 Waterloo Walk Washington NE37 3EL | Flat Leasehold | 14 Mar 2025 | £15,000 |
| 132 Waterloo Walk Washington NE37 3EN | Flat Leasehold | 3 Mar 2025 | £23,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE37
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Auction House, North East on Rightmove (original listing). First listed 23 Sept 2026; details checked 7 Nov 2026. Latest change: added on 23/09/2026.
Agent disclaimer
Disclaimer - Property reference 202609231240sq_tl8u. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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