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3 Bed Flat, Single Let, Newcastle upon Tyne, NE15 7HS, £75,000

Howlett Hall Road, Newcastle Upon Tyne, NE15 7HS - 1 views - 3 years ago

BTL
ROI: 13%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£35K - £240K
Sold Prices/m²£583/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£91,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£650 - £1,200

Rent Estimate

£650

Running Costs/mo

£384

Cashflow/mo

£266

Cashflow/yr

£3,188

ROI

13%

Gross Yield

10%

Local Sold Prices

38 sold prices from £35K to £240K, average is £78.5K. £583/m² to £2.8K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£68.8K09/220 mi18, Howlett Hall Road, Newcastle Upon Tyne, Tyne And Wear NE15 7HS3
£45K04/210.06 mi46, Howdene Road, Newcastle Upon Tyne, Tyne And Wear NE15 7HT3
£67.5K03/210.08 mi228, Whickham View, Newcastle Upon Tyne, Tyne And Wear NE15 7HQ3
£75K03/230.09 mi67, Swinley Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 7HX3
£71K07/230.09 mi59, Swinley Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 7HX3
£65K06/220.19 mi82, Tantobie Road, Newcastle Upon Tyne, Tyne And Wear NE15 7DQ3
£76.5K03/230.27 mi55, Castleside Road, Newcastle Upon Tyne, Tyne And Wear NE15 7DR3
£82.5K01/230.27 mi69, Castleside Road, Newcastle Upon Tyne, Tyne And Wear NE15 7DR3
£108K04/230.95 mi46, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QA3
£68K11/230.95 mi30, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QA3
£90K07/220.96 mi62, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QA3
£80K01/211.03 mi118, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QB3
£220K01/211.08 mi5, Moss Close, Newcastle Upon Tyne, Tyne And Wear NE15 8TR3
£50K02/231.08 mi9, Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 8SQ3
£240K01/241.08 miThe Hastings, Apartment 4, Northumberland Road, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8SL3
£82K03/211.12 mi184, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QD3
£82K03/211.12 mi182, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QD3
£96.5K10/211.12 mi164, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QD3
£95K01/231.12 mi182, Ovington Grove, Newcastle Upon Tyne, Tyne And Wear NE5 2QD3
£90.1K06/221.19 mi26, Bavington Drive, Newcastle Upon Tyne, Tyne And Wear NE5 2HS3
£35K02/211.25 mi122, Colston Street, Newcastle Upon Tyne, Tyne And Wear NE4 8UN3
£67K10/201.26 mi6, Bavington Drive, Newcastle Upon Tyne, Tyne And Wear NE5 2HS3
£105K09/221.27 mi359, Two Ball Lonnen, Newcastle Upon Tyne, Tyne And Wear NE4 9SA3
£105.5K12/221.28 mi61, West Road, Newcastle Upon Tyne, Tyne And Wear NE4 9PX3
£75K11/221.3 mi10, Greywood Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9PA3
£95K11/221.32 mi4, Bavington Drive, Newcastle Upon Tyne, Tyne And Wear NE5 2HS3
£85K02/231.44 mi163, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AB3
£60K06/231.45 mi153, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AJ3
£77K10/231.46 mi31, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£63K10/221.65 mi155, Langleeford Road, Newcastle Upon Tyne, Tyne And Wear NE5 4LL3
£90K03/231.69 mi21, Heathfield Crescent, Newcastle Upon Tyne, Tyne And Wear NE5 3EX3
£92.5K09/231.7 mi219, Wingrove Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9AB3
£75K12/221.72 mi32, Crowley Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3HE3
£124.5K05/221.78 mi95, Napier Road, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3BT3
£60K02/231.79 mi52, Axwell Terrace, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3JS3
£65K03/211.79 mi85, Park Terrace, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3BU3
£58K03/221.8 mi67, Ridley Gardens, Swalwell, Newcastle Upon Tyne, Tyne And Wear NE16 3HT3
£90K09/222 mi19, Bishops Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 5NJ3

Local Rents

10 rents from £650/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£65007/240.04 mi-3
£65009/240.04 mi-3
£65009/240.04 mi-3
£65005/240.06 miHowdene Road, Denton Burn, Newcastle3
£75006/240.27 miCastleside Road, Denton Burn, Newcastle upon Tyne, NE153
£85008/230.51 mi-3
£85008/230.51 mi-3
£1,00005/240.52 mi-3
£1,20005/240.52 miNorfolk Way, Newcastle Upon Tyne, NE153
£85005/240.53 mi-3

Links

Local Area Statistics

Population in NE15

32,552

Population in Newcastle upon Tyne

381,037

Town centre distance

2.37 miles away

Nearest school

0.10 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £75,000

February 14, 2022

Description

  • Quiet Residential Area - opposite St Bede's RC School +
  • 3 Bed Upper Flat - 65 sqm +
  • Brand New Carpets & Decor +
  • Brand New Bathroom +
  • Double Glazing + Gas Central Heating - EPC D +
  • Please check our Video Tour +
  • *** Enquiries & Viewings Welcome 9 am - 8 pm / 7 Days a Week *** +

3 Bed Upper Flat on Howlett Hall Road - opposite St Bede's RC School | Quiet residential area | Frequent Bus Links to City Centre | Private Drive / Off-street parking |

Spacious 3 Bed Upper Flat and newly refurbished in full | GORGEOUS New Bathroom | Contemporary Decor Throughout | Brand New Carpets | Spacious, bright and light |
investment purchase (Gross Yield 13%)

Please check out our Walkthrough Video Tour for more details & get in touch to book a viewing |

Enquiries Welcome 7 Days a Week 9 am - 8pm

Agent Details

Great North Lettings & Sales Ltd, Newcastle

0191 499 9366

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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