2 Bed Flat, Single Let, Newcastle upon Tyne, NE15 8XB, £59,950
75 Combe Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 8XB - a year ago
Sold STC
Leasehold
BTL
ROI: 12%
~55 m²
+2 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £14,988 |
Stamp Duty & Legal Fees | £2,999 |
Total Cash In | £17,986 |
| |
Cash Out | |
Rent Range | £575 - £2,000 |
Rent Estimate | £475 |
Running Costs/mo | £302 |
Cashflow/mo | £173 |
Cashflow/yr | £2,072 |
ROI | 12% |
Gross Yield | 10% |
Local Rents
37 rents from £575/mo to £2K/mo, average is £775/mo.
Local Area Statistics
Population in NE15 | 32,552 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 3.10 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 1.20 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +28% |
Sales demand | Balanced market |
Capital growth (5yrs) | +15% |
Property History
Listed for £59,950
August 24, 2023
Sold for £37,950
2002
Sold for £29,000
2000
Floor Plans
Description
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