5 Bed Semi-Detached House, Refurb/BRRR, Newcastle upon Tyne, NE16 5EB, £500,000

St Cuthberts Road, Marley Hill, NE16 5EB - a year ago

Refurb/BRRR
~162 m²
+35 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£62,166

Bridging Loan Interest

£13,125

Total Cash In

£240,741

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£290,509

Mortgage (After Refinance)

£217,881

Mortgage LTV

75%

Cash Left In

£240,741

Equity

£72,627

Rent Range

£500 - £2,200

Rent Estimate

£906

Running Costs/mo

£1,109

Cashflow/mo

£-203

Cashflow/yr

£-2,436

Gross Yield

2%













Local Rents

50 rents from £500/mo to £2.2K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£50006/240.14 miCuthbert Street, Marley Hill, Newcastle Upon Tyne, NE162
£1,25006/240.26 miMarley Hill, Marley Hill, Newcastle upon Tyne, Tyne and Wear, NE16 5DT3
£85002/240.36 mi-3
£75010/240.42 mi-3
£69503/240.43 mi-2
£74511/240.47 mi-2
£70002/250.51 mi-2
£82501/250.56 mi-2
£65006/240.63 miKingsway, Sunniside, NE162
£59506/240.65 miDunnock Drive, Sunniside, Newcastle upon Tyne, NE162
£62506/240.66 miKingsway, Sunniside, NE162
£1,80006/240.66 miPrimrose Drive, Sunniside, Newcastle Upon Tyne, Tyne and Wear, NE164
£75002/250.73 mi-2
£68006/241.32 miCausey Row, Newcastle Upon Tyne, Tyne and Wear, NE16 5EJ1
£75007/241.52 miMarston Walk, Whickham2
£1,20005/241.53 miCarrsyde Close, Whickham, Newcastle Upon Tyne, NE163
£85005/241.55 miOld Ravensworth Farm, Lamesley, NE112
£1,20009/231.57 mi-3
£1,20009/241.57 mi-3
£65006/241.58 miFellside Mews, Whickham, Newcastle Upon Tyne2
£85011/241.61 mi-2
£75006/241.65 miWhaggs Lane, Whickham, Newcastle Upon Tyne, NE162
£85007/241.68 mi-3
£85006/241.68 miThe Drive, Whickham, Newcastle Upon Tyne, NE163
£75005/241.76 miRaglan Place, Newcastle Upon Tyne2
£75005/241.76 miBroadpool Green, Whickham, Newcastle upon Tyne, Tyne and Wear, NE16 4RH3
£1,60006/241.8 mi-3
£1,70010/231.82 mi-5
£2,20003/251.82 mi-5
£1,20007/241.82 miRavensworth Park Estate, Gateshead, NE112
£1,20008/241.82 mi-2
£1,20002/251.82 mi-2
£75008/241.83 mi-2
£75003/241.84 mi-3
£70003/251.84 mi-3
£60005/241.89 miWest Street, Whickham, Newcastle upon Tyne, Tyne and wear, NE16 4AN2
£75007/241.9 miBullfinch Drive, Whickham2
£95006/241.91 mi-3
£75005/241.97 miThe Hermitage, Whickham Front Street, NE162
£80006/241.97 miThe Hermitage, Whickham Front Street, NE162
£85006/241.99 miHawksbury, Whickham, NE162
£95003/252.01 mi-2
£1,00005/242.06 miOtterburn Gardens, Whickham, Newcastle upon Tyne, Tyne and Wear, NE163
£95006/242.08 miDene View, Burnopfield, NE163
£85010/242.11 mi-3
£89505/242.11 miLilac Crescent, Burnopfield, NE163
£77501/252.12 mi-2
£69503/252.12 mi-2
£89506/242.15 mi-2
£85005/242.17 miMansion Heights, Gateshead1

Local Area Statistics

Population in NE16

25,637

Population in Newcastle upon Tyne

381,037

Town centre distance

6.37 miles away

Nearest school

1.20 miles away

Nearest train station

2.74 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £500,000

December 26, 2024

Listed for £525,000

March 25, 2024

Floor Plans

Description

  • 360 VIRTUAL TOUR +
  • EXCLUSIVE DEVELOPMENT +
  • 5 BEDROOM HOUSE +
  • DETACHED DOUBLE GARAGE +
  • NEWLY RENOVATED +
  • PRIVATE ROAD +
  • COUNTRYSIDE VIEWS +
  • OPEN PLAN KITCHEN/LOUNGE/DINER +
  • 2 LOG BURNING STOVES +

EXCLUSIVE DEVELOPMENT - LARGE DOUBLE GARAGE - VIEWS OF TANFIELD RAILWAY

Brunton Residential are delighted to offer to the market this unique fully refurbished original stone-built character property with scenic views over the countryside. Sited within an exclusive development this sympathetic renovation brings spacious and modern living to a historic property, with close links to Whickham, Sunniside, the A1 and the Metrocentre. The property would suit a range of buyers and offers lifestyle options with the large garage/workshop included.

The property comprises of an entrance door opening up to the impressive hallway, with a glass and oak staircase, through the hallway you reach the main living room with a feature fireplace and wood-burning stove, the hallway then opens up into the stunning open-plan kitchen, living and dining space with another wood burning stove this impressive space offers lots of mixed-use potential and also comes with a utility room and separate w/c.

A bespoke oak and glass staircase leads to the first-floor hallway. The master bedroom comes with a luxury en-suite bathroom and integrated wardrobe space, there is also the option of having a large walk-in wardrobe by utilising the adjacent bedroom. Three more bedrooms offer plenty of living space. A fully tiled family bathroom offers both a separate bath and shower facilities.

Externally there are gardens to the front and rear, the garden has been landscaped to provide a mixture of lawned areas and a patio, a substantial detached double garage which could also be used as a workshop is located facing the property and ample parking Is provided across the site.

This is a fantastic opportunity to purchase a truly unique property, offering a balance of modern living in traditional surroundings.

Call today and one of our experienced team members will help to arrange your viewing.

On The Ground Floor -

Hall -

Lounge - 4.43 x 4.02 (14'6" x 13'2") - Measurements taken at the widest point.

Store -

Store -

Wc -

Open Plan Kitchen/Diner/Lounge - 7.95 x 9.10 (26'0" x 29'10") - Measurements taken at the widest point.

Utility -

Store -

On The First Floor -

Landing -

Bedroom - 4.56 x 4.17 (14'11" x 13'8") - Measurements taken at the widest point.

En-Suite - 2.00 x 1.56 (6'6" x 5'1") - Measurements taken at the widest point.

Bedroom - 2.96 x 3.15 (9'8" x 10'4") - Measurements taken at the widest point.

Bathroom - 2.05 x 3.10 (6'8" x 10'2") - Measurements taken at the widest point.

Bedroom - 2.97 x 3.86 (9'8" x 12'7") - Measurements taken at the widest point.

Store -

Bedroom - 4.36 x 3.70 (14'3" x 12'1") - Measurements taken at the widest point.

Store -

Bedroom - 3.57 x 2.38 (11'8" x 7'9") - Measurements taken at the widest point.

Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

Brunton Residential, Great Park

0191 743 2984

Next Steps?

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