3 Bed Terraced House, Single Let, Newcastle upon Tyne, NE3 2LR, £149,000

3 Bedroom End-of-Terrace House for Sale on Wansbeck Road North, Newcastle Upon Tyne, NE3 2LR - 3 views - 8 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£90K - £360K
Sold Prices/m²£891/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£184,760
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,250

Stamp Duty & Legal Fees

£5,670

Total Cash In

£42,920

 

 

Cash Out

 

Rent Range

£850 - £1,475

Rent Estimate

£850

Running Costs/mo

£656

Cashflow/mo

£194

Cashflow/yr

£2,333

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £90K to £360K, average is £217.5K. £891/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£151K04/210.07 mi98, Park Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2LH3
£156K04/210.07 mi122, Park Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2LH3
£132.5K03/210.09 mi7, Ford Grove, Newcastle Upon Tyne, Tyne And Wear NE3 2NL3
£227.5K02/240.09 mi10, Ford Grove, Newcastle Upon Tyne, Tyne And Wear NE3 2NL3
£176K06/230.11 mi6, Lesbury Chase, Newcastle Upon Tyne, Tyne And Wear NE3 2NN3
£220K04/210.15 mi28, Thropton Crescent, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3HT3
£287K02/240.15 mi26, Thropton Crescent, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3HT3
£155K04/230.17 mi1, Kirkley Close, Newcastle Upon Tyne, Tyne And Wear NE3 2LJ3
£195K09/210.19 mi15, Glanton Wynd, Newcastle Upon Tyne, Tyne And Wear NE3 2LQ3
£300K08/210.19 mi18, Brinkburn Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3HU3
£285K12/230.19 mi1, Brinkburn Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3HU3
£312K04/240.19 mi19, Brinkburn Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3HU3
£127.8K12/200.2 mi74, Park Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2LE3
£169K08/230.2 mi20, Aln Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2LU3
£135K11/230.2 mi52, Aln Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2LU3
£90K06/210.22 mi4, Weldon Way, Newcastle Upon Tyne, Tyne And Wear NE3 3HX3
£360K01/230.23 mi2, Guyzance Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3HP3
£165K04/210.24 mi2, Whalton Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3PA3
£157K06/210.24 mi30, Norham Road, Newcastle Upon Tyne, Tyne And Wear NE3 2LN3
£161K02/230.24 mi12, Howick Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2NA3
£239.9K07/210.25 mi167, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HE3
£290K10/230.25 mi100, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HE3
£106.3K12/200.25 mi15, Eshott Close, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3PD3
£250K12/230.26 mi9, Laurel Avenue, Fawdon, Newcastle Upon Tyne, Tyne And Wear NE3 2RP3
£157K01/210.27 mi16, Kielder Way, Newcastle Upon Tyne, Tyne And Wear NE3 2LP3
£235K02/240.29 mi5, Fern Avenue, Fawdon, Newcastle Upon Tyne, Tyne And Wear NE3 2AL3
£155K12/200.29 mi133, Jubilee Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3PN3
£240K01/240.29 mi125, Jubilee Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3PN3
£257.5K01/210.3 mi40, Warkworth Crescent, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3JA3
£210K06/230.3 mi59, Broadway West, Newcastle Upon Tyne, Tyne And Wear NE3 2NE3
£200K09/230.31 mi4, Beech Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2RN3
£190K11/230.31 mi2, Beech Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2RN3
£184K03/240.31 mi4, Beadnell Way, Newcastle Upon Tyne, Tyne And Wear NE3 3HB3
£215K03/210.33 mi49, Marlborough Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HT3
£220K02/210.33 mi15, Marlborough Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HT3
£290K02/210.33 mi19, Marlborough Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HT3
£325K08/230.33 mi51, Marlborough Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HT3
£285K03/210.33 mi26, Park Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2LD3
£314K12/220.33 mi63, Park Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2LD3
£334.8K02/230.33 mi17, Princes Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HR3
£320K02/230.34 mi11, Farne Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BJ3
£268K05/230.34 mi137, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HD3
£215K12/200.34 mi64, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HD3
£158K01/210.34 mi9, Beal Way, Newcastle Upon Tyne, Tyne And Wear NE3 3EY3
£215K01/210.34 mi70, Broadway West, Newcastle Upon Tyne, Tyne And Wear NE3 2HY3
£268.5K09/230.34 mi11, Princes Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HR3
£227K08/240.34 mi14, Farne Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BJ3
£266.3K01/230.34 mi62, Broadway West, Newcastle Upon Tyne, Tyne And Wear NE3 2HY3
£295K06/230.34 mi16, Fawdon Lane, Newcastle Upon Tyne, Tyne And Wear NE3 2AA3
£100K05/210.37 mi7, Willowfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NE3

Local Rents

17 rents from £850/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25006/240.12 mi-3
£1,20005/240.26 mi-3
£1,47506/240.27 miHolystone Avenue, Gosforth 3
£1,10006/240.33 miBeal Way, Newcastle Upon Tyne3
£85007/240.39 mi-3
£85007/240.39 miEdgefield Avenue, Newcastle Upon Tyne, NE33
£1,25006/240.39 miLayfield Road, Brunton Park, Gosforth, NE33
£1,00002/250.4 mi-3
£1,00005/240.4 miJubilee Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE33
£89505/240.44 miAcomb Crescent, Red House Farm3
£85005/240.45 mi-3
£1,15012/230.49 mi-3
£1,10007/240.5 mi3 Bedroom Terraced House to Let on Mary Agnes Street, Gosforth, Newcastle Upon Tyne3
£1,19506/240.5 mi3 Bedroom House in Gosforth, Newcastle3
£85001/240.52 mi-3
£90005/240.52 mi-3
£1,10005/240.6 mi-3

Local Area Statistics

Population in NE3

53,771

Population in Newcastle upon Tyne

381,037

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £149,000

July 3, 2024

Description

  • 3 Bedrooms +
  • Spacious lounge +
  • Dining room +
  • Kitchen +
  • Bathroom and ground floor wc +
  • Downstairs WC +
  • Hive central heating system +
  • PRICED TO SELL +

Sold subject to contract

Three Bedroom End-of-Terrace House for Sale

KEY FEATURES

  • 3 Bedrooms
  • Spacious lounge
  • Dining room
  • Kitchen
  • Utility room and storage plus WC
  • Bathroom
  • Excellent transport links near Metro
  • Amenities and good schools close by
  • Landscaped gardens front and rear
  • Affordable

This property has been 'priced to sell' and will be a fantastic purchase for first time buyers or investors.

3 BEDROOM END-OF-TERRACE HOUSE FOR SALE on Wansbeck Road North ideal for commuting to the city centre. Great transport links, good schools and amenities nearby.

The accommodation -;

Entrance hallway leading to lounge, dining area, kitchen and utility room. Stairs leading up to three bedrooms and the family bathroom.

Hallway and stairs

Carpeted, storage cupboards.

Lounge 16'10 x 10'4'' (5.13m x 3.15m)

Carpeted, television point, fire in surround.

Dining room 10'10'' x 8'4'' (3.30m x 2.54m)

Carpeted, feature wallpaper.

Kitchen 8'10'' x 6'0'' (2.54m x 1.83m)  

Range of wall, drawer and base units with contrasting worktops with stainless steel inset sink. Electric oven and gas hob with glass splashback. Hard flooring.

Utility room

Storage space, room for freestanding appliances washing machine, tumble dryer and fridge/freezer. Hard flooring.

Bedroom one 16'10 x 10'4'' (5.13m x 3.15m)

Carpeted.

Bedroom two 13'9'' x 12'1'' (4.19m x 3.68m)

Carpeted, wardrobes.

Bedroom three 9'0'' x 8'2'' (2.74m x 2.49m)

Hard flooring.

Bathroom 6'4'' x 5'0'' (1.93m x 1.52m)

3-piece bathroom suite consisting of duel flush wc, basin with mixer tap, panelled bath with individual hot and cold taps and shower over. Privacy window and hard flooring.

Garden

Landscaped gardens front and rear with planted borders, lawn and gravel area.

‘'Don't delay ring Bird House Properties today to make an appointment to view this property.''

All details have been reported in good faith nothing is deemed to be a statement that the property is in good structural condition or otherwise. Please satisfy yourself that all services, appliances, facilities and equipment are in good working order. The measurements, areas and distances are approximate and have been approved by the vendor. Property descriptions are subjective. Journey lengths taken from Google Maps or local authority website. Floor plans are for demonstration purposes and may not be exactly to scale.

Agent Details

Bird House Properties, Newcastle Upon Tyne

0191 625 0769

Next Steps?

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

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