3 Bed Detached House, Single Let, Newcastle upon Tyne, NE15 7QN, £199,950

Neptune Road, Newcastle upon Tyne, Tyne and Wear, NE15 7QN - a year ago

BTL
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£99.4K - £240K
Sold Prices/m²£1.2K/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£172,222

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£7,199

Total Cash In

£57,186

 

 

Cash Out

 

Rent Range

£650 - £1,200

Rent Estimate

£656

Running Costs/mo

£776

Cashflow/mo

£-120

Cashflow/yr

£-1,441

Gross Yield

4%

Local Sold Prices

50 sold prices from £99.4K to £240K, average is £160.1K. £1.2K/m² to £2.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£192K12/220.1 mi42, Mapperley Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RU3
£160K01/210.1 mi65, Mapperley Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RU3
£160K12/230.1 mi55, Mapperley Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RU3
£150K12/200.11 mi8, Norton Way, Newcastle Upon Tyne, Tyne And Wear NE15 7QU3
£192.5K12/200.11 mi82, Neptune Road, Newcastle Upon Tyne, Tyne And Wear NE15 7QN3
£189.9K05/210.11 mi13, Neptune Road, Newcastle Upon Tyne, Tyne And Wear NE15 7QN3
£177K08/210.12 mi17, Maple Close, Newcastle Upon Tyne, Tyne And Wear NE15 7QZ3
£183.8K10/210.12 mi12, Maple Close, Newcastle Upon Tyne, Tyne And Wear NE15 7QZ3
£240K06/230.12 mi4, Maple Close, Newcastle Upon Tyne, Tyne And Wear NE15 7QZ3
£179.9K12/220.13 mi4, Woolerton Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RX3
£190K01/210.16 mi12, Oakenshaw, Newcastle Upon Tyne, Tyne And Wear NE15 7XF3
£173.5K04/210.17 mi95, Southway, Newcastle Upon Tyne, Tyne And Wear NE15 7RD3
£103.5K03/210.19 mi2, Wishaw Rise, Newcastle Upon Tyne, Tyne And Wear NE15 7LL3
£175K12/200.19 mi18, Morston Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RZ3
£205K02/240.2 mi4, Orchard Leigh, Newcastle Upon Tyne, Tyne And Wear NE15 7XH3
£205K02/240.2 mi4, Orchard Leigh, Newcastle Upon Tyne, Tyne And Wear NE15 7XH3
£170K03/210.21 mi4, Melrose Close, West Denton, Newcastle Upon Tyne, Tyne And Wear NE15 7SU3
£138K12/210.21 mi5, Matfen Close, Newcastle Upon Tyne, Tyne And Wear NE15 7RW3
£200K06/230.21 mi3, Carlton Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 7RS3
£129.9K08/240.21 mi3, Eldon Place, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8AQ3
£153K12/220.22 mi43, Kirkston Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7JU3
£123.5K11/210.22 mi27, Kirkston Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7JU3
£158.3K07/240.23 mi17, Claremont Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7LB3
£173K02/230.23 mi2, Claremont Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7LB3
£168K04/230.24 mi13, Wood Grove, Newcastle Upon Tyne, Tyne And Wear NE15 7TF3
£205K06/230.24 mi22, Styford Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 7RQ3
£206K08/210.24 mi77, Neptune Road, Newcastle Upon Tyne, Tyne And Wear NE15 7XG3
£225K03/230.24 mi77, Neptune Road, Newcastle Upon Tyne, Tyne And Wear NE15 7XG3
£110K06/210.26 mi17, Neville Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LH3
£137K12/220.27 mi29, Neville Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LH3
£175K12/200.29 mi46, Broadway, Newcastle Upon Tyne, Tyne And Wear NE15 7LW3
£157.5K12/200.29 mi53, Broadway, Newcastle Upon Tyne, Tyne And Wear NE15 7LW3
£120K08/230.29 mi33, Waverley Crescent, Newcastle Upon Tyne, Tyne And Wear NE15 8AT3
£185K02/230.3 mi26, Ottershaw, Newcastle Upon Tyne, Tyne And Wear NE15 7XP3
£100K09/230.3 mi11, Northlea, Newcastle Upon Tyne, Tyne And Wear NE15 7RN3
£113K03/240.32 mi60, Rokeby Street, Newcastle Upon Tyne, Tyne And Wear NE15 8RP3
£150K11/200.32 mi31, Heathwell Road, Newcastle Upon Tyne, Tyne And Wear NE15 7UQ3
£127.5K03/230.32 mi34, Heathwell Road, Newcastle Upon Tyne, Tyne And Wear NE15 7UQ3
£140K06/240.32 mi37, Heathwell Road, Newcastle Upon Tyne, Tyne And Wear NE15 7UQ3
£162K10/230.33 mi42, West Copperas, Newcastle Upon Tyne, Tyne And Wear NE15 7SD3
£146K02/230.34 mi11, Rokeby Villas, Newcastle Upon Tyne, Tyne And Wear NE15 8RQ3
£99.4K06/210.34 mi16, Farnham Close, Newcastle Upon Tyne, Tyne And Wear NE15 8RG3
£100K02/230.34 mi6, Farnham Close, Newcastle Upon Tyne, Tyne And Wear NE15 8RG3
£160.1K03/210.35 mi18, Hillside Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7RH3
£162K09/230.35 mi12, Hillside Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7RH3
£152.5K08/230.36 mi6, Ordley Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XT3
£170K06/210.36 mi3, Ordley Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XT3
£116K12/200.36 mi39, Meadow Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LP3
£130K02/210.36 mi43, Meadow Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LP3
£138K05/230.36 mi15, Meadow Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LP3

Local Rents

14 rents from £650/mo to £1.2K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£1,00005/240.07 mi-3
£1,20005/240.07 miNorfolk Way, Newcastle Upon Tyne, NE153
£70003/230.29 mi-3
£81006/240.32 miCharlton Mews, Lemington, Newcastle upon Tyne, NE153
£1,10006/240.37 miClaremont Avenue, Newcastle Upon Tyne, Newcastle upon Tyne, Tyne and Wear, NE15 7LE3
£85005/230.43 mi-3
£75011/240.43 mi-3
£65005/240.48 miHowdene Road, Denton Burn, Newcastle3
£65007/240.54 mi-3
£65010/240.54 mi-3
£65010/240.54 mi-3
£85005/240.54 mi-3
£79504/240.59 mi-3
£80003/250.59 mi-3

Local Area Statistics

Population in NE15

32,552

Population in Newcastle upon Tyne

381,037

Town centre distance

2.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £199,950

April 9, 2024

Floor Plans

Description

  • Three bedroom detached house +
  • NO ONWARD CHAIN +
  • Well finished throughout +
  • Floor Area - Approximate 882 Sq.ft / 82 Sq.m +
  • Council Tax Band - C +
  • EPC Rating - D +

Nicely finished three bedroom link detached house
finished to a good standard with a number of attractive features.

This very well proportioned family home should appeal to many families in this much sought after location. Particular highlights include the well finished accommodation and that there is NO ONWARD CHAIN.

The property enters through the hall from which the rest of the downstairs accommodation can be accessed. The kitchen has a range of floor and base units and access to the rear garden. The spacious sitting/dining room is well proportioned with a pleasant double aspect with pleasant views to the garden and front.

To the first floor there are three nice size bedrooms, all of which benefit from built in wardrobes. The accommodation is completed by the family bathroom/WC which comprises of a four piece white suite consisting of WC, pedestal wash hand basin, bath and separate shower cubicle.

Externally there are gardens to the front and rear. The rear garden is prominently lawned with an additional patio area and is nicely enclosed providing access to the detached garage.

The property is located in the popular estate of Dumpling Hall. The estate enjoys a good range of local services including shops, schools and pubs. The area also provides excellent transport links with regular bus routes into Newcastle city centre. The A69 and A1 trunk roads are also both close at hand allowing great access to the motorway network. The location also offers easy access across the river on the nearby Scotswood bridge making commuting ideal.

We understand the property is freehold.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QWD240193/2

Agent Details

YOUR MOVE Chris Stonock, West Denton

0191 625 0263

Next Steps?

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