2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 5PP, £100,000
Farm Close, Sunniside, Newcastle upon Tyne, Tyne and Wear, NE16 5PP - 9 months ago
BTL
ROI: 6%
~81 m²
+8 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £25,000 |
Stamp Duty & Legal Fees | £6,200 |
Total Cash In | £31,200 |
| |
Cash Out | |
Rent Range | £500 - £825 |
Rent Estimate | £603 |
Running Costs/mo | £453 |
Cashflow/mo | £150 |
Cashflow/yr | £1,799 |
ROI | 6% |
Gross Yield | 7% |
Local Rents
11 rents from £500/mo to £825/mo, average is £695/mo.
Local Area Statistics
Population in NE16 | 25,637 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 5.99 miles away |
Nearest school | 0.80 miles away |
Nearest train station | 2.47 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +33% |
Property History
Price changed to £100,000
January 19, 2025
Listed for £125,000
June 18, 2024
Floor Plans
Description
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