# 2 bedroom semi-detached house for rent (NE28 9ER)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 MASON ROAD, WALLSEND, TYNE AND WEAR NE28 9ER |
| Price | £525 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 64 m² |
| Last sold | £117,500 Oct 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 14/02/2029

### Recommendations
- W1 (1,200)
- N (6,000)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0132-2895-7624-9891-4815)

## Description

HIGH DEMAND EXPECTED!!......BE VERY QUICK TO VIEW!! CALL US TODAY.......

A 2 BED SEMI DETACHED HOUSE - UNFURNISHED BASIS - REFURBISHED - WELL PRESENTED INTERIOR - MODERN KITCHEN - LARGE REAR GARDEN - GAS CENTRAL HEATING - UPVC DOUBLE GLAZING - IDEAL FOR SMALL FAMILY - AVAILABLE NOW - CALL TODAY TO VIEW WE ARE OPEN 7 DAYS A WEEK 0191 2626514

## Property Photos

- ![Photo 8](/listings/photos/54713318/1533551) - Photo 8
- ![Photo 2](/listings/photos/54713318/1533552) - Photo 2
- ![Photo 3](/listings/photos/54713318/1533553) - Photo 3
- ![Photo 4](/listings/photos/54713318/1533556) - Photo 4
- ![Photo 5](/listings/photos/54713318/1533560) - Photo 5
- ![Photo 6](/listings/photos/54713318/1533563) - Photo 6
- ![Photo 7](/listings/photos/54713318/1533564) - Photo 7

## EPC Graphs

- ![Energy Perform...](/listings/photos/54713318/1533567) - Energy Perform...

## Rental Range

*ONS Price Index of Private Rents (North Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £761/mo
- **Realistic:** £846/mo
- **Optimistic:** £931/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, O'hanlon Crescent, NE28 | £850/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Terraced House, Littondale, NE28 | £750/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Terraced House, Ribblesdale, NE28 | £675/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Terraced House, North Road, NE28 | £650/mo | 2 | 0.76 miles | OpenRent |
| 2 Bed Flat, David Street, NE28 | £825/mo | 2 | 0.83 miles | OpenRent |
| 2 Bed Flat, Belvedere Gardens, NE12 | £900/mo | 2 | 1.04 miles | OpenRent |
| 2 Bed Flat, Wallington House, NE12 | £895/mo | 2 | 1.04 miles | OpenRent |
| 2 Bed Flat, Belvedere Gardens, NE12 | £850/mo | 2 | 1.04 miles | OpenRent |
| 2 Bed Flat, Eastfield Road, NE12 | £900/mo | 2 | 1.14 miles | OpenRent |
| 2 Bed Flat, Eastwood Court, NE12 | £750/mo | 2 | 1.19 miles | OpenRent |
| 2 Bed Flat, Forest Hall, NE12 | £745/mo | 2 | 1.22 miles | OpenRent |

**Average rent: £799/mo (11 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £825/mo).*

- **Gross yield:** 1885.7%
- **Monthly cashflow:** £715/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5638.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £8/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)