2 Bed Terraced House, Potential PLO/LOA, Newcastle upon Tyne, NE15 9NR, £75,000

13 Orchard Terrace, Newcastle Upon Tyne, Tyne And Wear, NE15 9NR - 2 views - a year ago

Sold STC
Negative Equity
ROI: 14%
70 m²
+3 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in NE15

32,552

Population in Newcastle upon Tyne

381,037

Town centre distance

3.92 miles away

Nearest school

0.30 miles away

Nearest train station

2.60 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

-16%

February 8, 2024

Sold for £87,000

2005

Floor Plans

Description

  • Terraced House +
  • Kitchen/Diner +
  • Lounge +
  • Two Bedrooms +
  • Family Bathroom +
  • Council Tax A +
  • No Upper Chain +

Welcome to Orchard Terrace – an excellent investment opportunity that would make a valuable addition to your portfolio. Currently tenanted and generating £650 per month. This mid-terrace property, located in the highly sought-after area of Throckley, offers an ideal balance of convenience and comfort. With excellent transport links and local amenities nearby, it’s perfectly suited for tenants seeking easy access to both the city and surrounding areas. The property features a spacious kitchen/diner, a cosy lounge, two generously sized double bedrooms, and a ground floor family bathroom. Outside, the home boasts a substantial rear garden, perfect for relaxation or entertaining, along with a front yard providing easy access. This property is a fantastic opportunity for investors looking for reliable rental income and long-term growth. Call us today at our West End Office to arrange a viewing on . Tenure:- Freehold EPC:- C Council Tax Band A £1463.58 Material Information: This property is built to standard construction. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C. Tenure: Freehold,

Agent Details

Northwood, Newcastle

0191 625 0777

Next Steps?

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