5 Bed Terraced House, Single Let, Newcastle upon Tyne, NE2 3HE, £550,000

Sunbury Avenue, Jesmond, Newcastle Upon Tyne, NE2 3HE - 4 views - a year ago

BTL
~178 m²
+11 photos

ValuationUndervalued

Sold Prices£340K - £3.6M
Sold Prices/m²£2.1K/m² - £10.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.1K/m²

Value Estimate

£632,252
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£650 - £4,680

Rent Estimate

£699

Running Costs/mo

£1,879

Cashflow/mo

£-1,180

Cashflow/yr

£-14,155

Gross Yield

2%

Local Sold Prices

50 sold prices from £340K to £3.6M, average is £700K. £2.1K/m² to £10.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£340K08/230.08 mi61, St Georges Terrace, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2DL5
£740K03/230.13 mi8, Sanderson Road, Newcastle Upon Tyne, Tyne And Wear NE2 2DS5
£355K05/210.14 mi49, Myrtle Grove, Newcastle Upon Tyne, Tyne And Wear NE2 3HT5
£465K03/240.16 mi9, Larkspur Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 2DT5
£635K05/230.16 mi57, Larkspur Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 2DT5
£373K05/210.16 mi16, Lyndhurst Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3LJ5
£750K06/210.19 mi182, Osborne Road, Newcastle Upon Tyne, Tyne And Wear NE2 3LE5
£764K12/220.19 mi12, Newbrough Crescent, Newcastle Upon Tyne, Tyne And Wear NE2 2DQ5
£607K10/200.19 mi39, Highbury, Newcastle Upon Tyne, Tyne And Wear NE2 3EA5
£760K03/210.2 mi7, Highbury, Newcastle Upon Tyne, Tyne And Wear NE2 3DX5
£522K02/230.2 mi2, Mistletoe Road, Newcastle Upon Tyne, Tyne And Wear NE2 2DX5
£873.5K01/210.22 mi35, Mitchell Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3JY5
£1.3M10/220.23 mi11, Mitchell Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3JY5
£700K09/210.24 mi5, Highbury, Newcastle Upon Tyne, Tyne And Wear NE2 3BX5
£725K10/220.24 mi26, Lily Crescent, Newcastle Upon Tyne, Tyne And Wear NE2 2SP5
£1.5M01/220.26 mi42, Mitchell Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3LA5
£715K04/240.28 mi18, Grosvenor Place, Newcastle Upon Tyne, Tyne And Wear NE2 2RE5
£660K09/210.29 mi18, Lily Crescent, Newcastle Upon Tyne, Tyne And Wear NE2 2SP5
£727K10/220.3 mi13, Towers Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3QE5
£1.0M02/240.3 mi44, Towers Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3QE5
£1.0M11/220.3 mi38, Bemersyde Drive, Newcastle Upon Tyne, Tyne And Wear NE2 2HJ5
£502K07/240.3 mi81, Grosvenor Avenue, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2NQ5
£780K11/200.31 mi13, Bemersyde Drive, Newcastle Upon Tyne, Tyne And Wear NE2 2HL5
£703K07/230.33 mi16, Queens Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2PP5
£3.6M10/220.34 mi25, Lindisfarne Road, Newcastle Upon Tyne, Tyne And Wear NE2 2HE5
£427K06/210.35 mi40, Queens Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2PQ5
£1.9M08/220.36 mi8, Castleton Grove, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2HD5
£798K02/240.36 mi50, Fern Avenue, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2QX5
£410K03/210.41 mi37, Honister Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3PA5
£2.1M06/210.43 mi2, Osborne Villas, Newcastle Upon Tyne, Tyne And Wear NE2 1JU5
£2.1M06/210.43 mi2, Osborne Villas, Newcastle Upon Tyne, Tyne And Wear NE2 1JU5
£476.1K02/230.47 mi30, Kingswood Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 3NS5
£727K03/210.48 mi32, Eslington Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 4RN5
£435K06/210.48 mi36, Ilford Road, Newcastle Upon Tyne, Tyne And Wear NE2 3NX5
£615K05/230.49 mi11, Moorfield, High West Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 3NL5
£510K02/230.51 mi21, Hartside Gardens, Newcastle Upon Tyne, Tyne And Wear NE2 2JR5
£840K11/210.61 mi31, Moor Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4AQ5
£910K09/230.61 mi59, Moor Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4AQ5
£780K04/240.61 miMoorburn, Moor Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4AQ5
£800K02/230.62 mi14, Oaklands, Newcastle Upon Tyne, Tyne And Wear NE3 4YQ5
£655K02/230.63 mi5, Oaklands, Newcastle Upon Tyne, Tyne And Wear NE3 4YQ5
£417K01/210.63 mi46, Jesmond Park West, Newcastle Upon Tyne, Tyne And Wear NE7 7BY5
£680K01/210.63 mi73, Jesmond Park West, Newcastle Upon Tyne, Tyne And Wear NE7 7BY5
£510K10/220.63 mi107, Jesmond Park West, Newcastle Upon Tyne, Tyne And Wear NE7 7BY5
£550K12/230.63 mi24, Wellburn Park, Newcastle Upon Tyne, Tyne And Wear NE2 2JX5
£700K03/230.64 mi11, High Street, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4AD5
£542K08/230.64 mi17, Dene Terrace, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1QP5
£560K12/200.65 mi21, Woodlands, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4YN5
£695K12/200.66 mi10, Moor Place, Newcastle Upon Tyne, Tyne And Wear NE3 4AL5
£510K03/210.66 mi2, Roseworth Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 1NR5

Local Rents

52 rents from £650/mo to £4.7K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£4,68006/240.01 miSunbury Avenue, Jesmond, Newcastle Upon Tyne8
£3,90006/240.01 mi£150pppw - Sunbury Avenue, Jesmond, NE26
£4,33306/240.01 mi£125pppw - Sunbury Avenue, Jesmond, NE28
£2,92506/240.01 miSunbury Avenue, Jesmond, Newcastle Upon Tyne5
£2,92507/240.01 miSunbury Avenue, Jesmond, Newcastle Upon Tyne5
£2,50002/240.04 mi-4
£2,77002/250.04 mi-4
£1,56005/240.04 miConiston Avenue, West Jesmond, Newcastle Upon Tyne3
£1,75505/240.05 miGlenthorn Road, Newcastle Upon Tyne3
£1,53405/240.05 miConiston Avenue,Jesmond,Newcastle Upon Tyne,NE23
£3,45805/240.06 mi£133pppw - Glenthorn Road, Jesmond, NE26
£2,86712/240.06 miSt. Georges Terrace, Jesmond, Newcastle Upon Tyne6
£1,56005/240.06 miBayswater Road, Jesmond, Newcastle Upon Tyne, NE23
£1,10012/240.07 mi-3
£1,88506/240.08 miThornleigh Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3ET3
£2,49605/240.09 miBrentwood Avenue, Newcastle Upon Tyne, Tyne and Wear, NE24
£2,96405/240.09 miGlenthorn Road, West Jesmond6
£2,49605/240.1 miBrentwood Avenue, Jesmond, Newcastle Upon Tyne4
£1,56005/240.1 mi(£120pppw) Hazelwood Avenue, Newcastle Upon Tyne, NE23
£1,56005/240.1 miHazelwood Avenue, Newcastle Upon Tyne, Tyne and Wear, NE2 3HU3
£1,69507/240.1 miAshleigh Grove, Jesmond3
£1,69507/240.1 miAshleigh Grove, Jesmond3
£2,08005/240.1 miForsyth Road, Newcastle Upon Tyne, NE24
£1,56005/240.11 miHazelwood Avenue, Jesmond, Newcastle upon Tyne3
£1,69006/240.11 miGlenthorn Road, Jesmond, Newcastle upon Tyne3
£3,25005/240.12 miHazelwood Avenue, Newcastle Upon Tyne6
£3,51005/240.12 mi-6
£65005/240.13 miMAYFAIR ROAD, Newcastle Upon Tyne, NE28
£71505/240.13 miMayfair Road,Jesmond,Newcastle Upon Tyne,NE28
£3,22806/240.13 miMayfair Road, Newcastle Upon Tyne, NE25
£3,22806/240.13 miMayfair Road, Newcastle Upon Tyne, NE25
£1,90012/240.13 miAshleigh Grove, West Jesmond, NE23
£1,62505/240.13 miMyrtle Grove, Newcastle Upon Tyne3
£3,04106/240.13 miSt George's Terrace, Jesmond5
£3,04106/240.13 miSt George's Terrace, Jesmond5
£1,56005/240.13 miLonsdale Terrace, Jesmond, Newcastle Upon Tyne, NE23
£3,51005/240.13 miMayfair Road,Jesmond,Newcastle Upon Tyne,NE26
£65005/240.13 miMAYFAIR ROAD, Newcastle Upon Tyne, NE26
£3,51005/240.13 miAshleigh Grove, Newcastle Upon Tyne, NE26
£3,64005/240.13 miAshleigh Grove, Newcastle Upon Tyne, NE26
£1,62505/240.14 miOakland Road, Jesmond, Newcastle upon Tyne3
£1,70005/240.14 miTavistock Road, Jesmond3
£3,51005/240.14 miLavender Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2 3DE6
£3,51005/240.14 mi-6
£3,51005/240.14 mi-6
£1,75505/240.14 miTavistock Road, Jesmond, Newcastle Upon Tyne3
£1,95007/240.14 miOsborne Road, Jesmond3
£1,56005/240.14 miTavistock Road, Jesmond3
£1,62906/240.14 miSt Georges Mews, Jesmond3
£2,51305/240.14 miOakland Road, Newcastle Upon Tyne, NE24
£3,38005/240.14 mi£130pppw - Tavistock Road, Jesmond, NE26
£3,38005/240.14 miMayfair Road, Newcastle Upon Tyne, NE26

Local Area Statistics

Population in NE2

27,709

Population in Newcastle upon Tyne

381,037

Town centre distance

2.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £550,000

April 22, 2024

Floor Plans

Description

  • Purpose built 3 storey mid terrace house +
  • Five Bedrooms +
  • Two reception rooms +
  • Freehold +
  • Council tax band D +
  • EPC rating E +

An impressive purpose-built three-storey mid-terrace house offering an abundance of space, with five bedrooms and two reception rooms, making it an ideal home for a large family or for those who value extra space.

The house boasts a wealth of period features, giving it a unique charm and character. The five spacious bedrooms are all finished to a high standard. The master bedroom is particularly notable, bathing in natural light and providing a tranquil space for relaxation. The other four bedrooms are all generously sized doubles, offering ample space for furnishings.

The property also features a large bathroom, meticulously maintained to provide a comforting space for personal care. The two reception rooms are spacious and welcoming, with the first one showcasing a beautiful fireplace, a perfect spot for family gatherings or enjoying a peaceful evening.

The house also comes with a practical kitchen, well-equipped to cater to all your culinary needs, along with an additional utilty room. The property falls within Council Tax Band D, ensuring reasonable tax rates.

One of the standout features of this property is its location. It benefits from excellent public transport links, making commuting a breeze. For families, the nearby schools are a significant advantage, while the local amenities ensure you have everything you need right at your doorstep.

In summary, this terraced property combines a fantastic location with generous living spaces and charming period features. It's a home ready to be filled with new memories.

PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: MAINS GAS CENTRAL HEATING
Broadband: FIBRE
Mobile Signal Coverage Blackspot: NO
Parking: OFF STREET PARKING AND PERMIT STREET PARKINGMINING - The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.

Agent Details

Rook Matthews Sayer, Jesmond

0191 625 0131

Next Steps?

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