4 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 6NF, £280,000

Busty Bank, Burnopfield, Newcastle upon Tyne, NE16 6NF - 8 months ago

Auction
BTL
~240 m²
+27 photos

ValuationUndervalued

Sold Prices£117K - £650K
Sold Prices/m²£776/m² - £6.1K/m²

 

 

Square Metres

~240 m²
Price/m²£1.2K/m²

Value Estimate

£338,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£400 - £2,250

Rent Estimate

£513

Running Costs/mo

£998

Cashflow/mo

£-485

Cashflow/yr

£-5,815

Gross Yield

2%

Local Sold Prices

50 sold prices from £117K to £650K, average is £271.3K. £776/m² to £6.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£193K10/210 mi12, Busty Bank, Burnopfield, Newcastle Upon Tyne, Durham NE16 6NF4
£145K03/210 mi12, Busty Bank, Burnopfield, Newcastle Upon Tyne, Durham NE16 6NF4
£232K11/230 mi13, Busty Bank, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NF4
£220K12/220.27 mi56, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF4
£212.5K06/210.3 mi4, Hazel Grove, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DU4
£135K08/210.31 mi8, Cricket Terrace, Burnopfield, Newcastle Upon Tyne, Durham NE16 6QL4
£330K12/220.48 mi18, Lapwing Court, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6LP4
£420K10/230.57 mi6, The Leazes, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HL4
£293K11/220.69 miEastgarth, The Leazes, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HR4
£270K03/230.89 mi10, The Meadows, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QW4
£285K11/200.89 mi70, The Meadows, Burnopfield, Newcastle Upon Tyne, Durham NE16 6QW4
£117K04/210.95 mi5, Lumley Gardens, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JX4
£210K05/240.99 mi42, Edward Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EP4
£240K07/211.02 mi17, Brackenridge, Burnopfield, Newcastle Upon Tyne, Durham NE16 6LH4
£499.9K01/231.09 mi1, Rose Cottages, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6AP4
£455K11/201.16 miWildcat House, Clough Dene, Tantobie, Stanley, County Durham DH9 9PW4
£165K02/231.16 miSunnybrae, Clough Dene, Tantobie, Stanley, County Durham DH9 9PW4
£410K08/221.17 miHamsterley, Taylor Avenue, Rowlands Gill, Tyne And Wear NE39 1QA4
£310.5K01/211.17 miLeafield, The Grove, Rowlands Gill, Tyne And Wear NE39 1PN4
£310.5K01/211.17 miLeafield, The Grove, Rowlands Gill, Tyne And Wear NE39 1PN4
£380K06/241.27 mi39, Norman Road, Rowlands Gill, Tyne And Wear NE39 1JS4
£350K11/221.3 mi9, Norman Road, Rowlands Gill, Tyne And Wear NE39 1JT4
£300K06/211.31 mi37, Towneley Fields, Rowlands Gill, Tyne And Wear NE39 1RB4
£250K03/211.35 mi56, South Sherburn, Rowlands Gill, Tyne And Wear NE39 1JX4
£445K04/231.39 miThe Beeches, Chapel Street, Tantobie, Stanley, County Durham DH9 9RH4
£375K04/211.44 mi14, Lintzford Road, Rowlands Gill, Tyne And Wear NE39 1DE4
£415K07/231.44 miWoodthorn, Strathmore Road, Rowlands Gill, Tyne And Wear NE39 1HZ4
£320K10/231.47 mi1, Dipwood Way, Rowlands Gill, Tyne And Wear NE39 1DH4
£190K12/201.5 mi28, Westhills, Tantobie, Stanley, County Durham DH9 9RZ4
£525K08/231.51 mi7, Holmewood Drive, Rowlands Gill, Tyne And Wear NE39 1EL4
£125K10/201.54 mi12, White Le Head Gardens, Tantobie, Stanley, County Durham DH9 9RU4
£650K09/231.55 mi21, Rowland Burn Way, Rowlands Gill, Tyne And Wear NE39 2PU4
£423.9K08/221.56 miArleydale, Dene Crescent, Rowlands Gill, Tyne And Wear NE39 1DS4
£360K03/211.57 mi28, Dene Avenue, Rowlands Gill, Tyne And Wear NE39 1DR4
£300K01/211.58 miBrierley, Dene Crescent, Rowlands Gill, Tyne And Wear NE39 1DS4
£425K08/231.59 mi25, Dene Avenue, Rowlands Gill, Tyne And Wear NE39 1DY4
£258K12/201.62 mi42, Dominies Close, Rowlands Gill, Tyne And Wear NE39 1PA4
£220K04/211.62 mi7, Stewartsfield, Rowlands Gill, Tyne And Wear NE39 1PE4
£220K01/211.62 mi17, Ponthaugh, Rowlands Gill, Tyne And Wear NE39 1AB4
£252K11/201.62 mi10, Dene Avenue, Rowlands Gill, Tyne And Wear NE39 1DZ4
£250K02/211.63 mi15, Orchard Road, Rowlands Gill, Tyne And Wear NE39 1ED4
£210K01/211.63 mi74, Dominies Close, Rowlands Gill, Tyne And Wear NE39 1PB4
£272.5K11/221.65 mi15, Heather Lea, Dipton, Stanley, County Durham DH9 9XN4
£240K12/201.65 mi5, Heather Lea, Dipton, Stanley, Durham DH9 9XN4
£292K01/241.66 mi2, Avon Close, Rowlands Gill, Tyne And Wear NE39 1AE4
£460K04/231.68 mi2, Brockwell Drive, Rowlands Gill, Tyne And Wear NE39 2PX4
£250K08/211.68 mi36, Ponthaugh, Rowlands Gill, Tyne And Wear NE39 1AD4
£235K11/231.71 mi54, Sherburn Park Drive, Rowlands Gill, Tyne And Wear NE39 1QU4
£225K08/211.73 mi24, St Cuthberts Park, Marley Hill, Newcastle Upon Tyne, Tyne And Wear NE16 5ED4
£185K07/211.77 mi29, Ewehurst Road, Dipton, Stanley, Durham DH9 9LR4

Local Rents

50 rents from £400/mo to £2.3K/mo, average is £748/mo.

RentDateDistanceAddressBeds 
£75005/240.06 miRaglan Place, Newcastle Upon Tyne2
£75003/240.12 mi-3
£70003/250.12 mi-3
£95006/240.3 miDene View, Burnopfield, NE163
£89505/240.31 miLilac Crescent, Burnopfield, NE163
£75009/240.61 mi-2
£62510/230.66 mi-2
£65005/240.7 miBirch Mews, Burnopfield, Newcastle upon Tyne, Durham, NE16 6LL2
£65011/230.72 mi-2
£67505/240.72 mi-2
£62505/240.77 miSyke Road, Burnopfield, Newcastle upon Tyne, Durham, NE16 6HD2
£69506/240.82 miGaresfield Gardens, Burnopfield2
£75007/240.85 miBriardene, Burnopfield2
£75002/250.88 mi-2
£62512/230.9 mi-2
£1,10006/240.92 miThe Meadows, Burnopfield, Newcastle upon Tyne, NE163
£75005/241.12 miBurnopfield Road, Rowlands Gill, NE393
£1,00005/241.23 miStation Road, Rowlands Gill, NE392
£55008/231.43 mi-3
£1,25006/241.55 miMarley Hill, Marley Hill, Newcastle upon Tyne, Tyne and Wear, NE16 5DT3
£75005/241.6 mi-3
£1,50012/241.61 miThe Tiley at High Steads, Durham, DH93
£75010/241.62 mi-2
£50006/241.72 miCuthbert Street, Marley Hill, Newcastle Upon Tyne, NE162
£68006/241.74 miCausey Row, Newcastle Upon Tyne, Tyne and Wear, NE16 5EJ1
£82505/241.78 miValley View, Rowlands Gill3
£57508/231.9 mi-2
£52004/241.92 mi-2
£62501/251.92 mi-2
£69503/241.95 mi-2
£85002/241.96 mi-3
£40005/241.97 miSmailes Lane, Highfield, Rowlands Gill, Tyne and Wear, NE391
£59506/242 miDunnock Drive, Sunniside, Newcastle upon Tyne, NE162
£62506/242.03 miKingsway, Sunniside, NE162
£65006/242.03 miKingsway, Sunniside, NE162
£70003/252.03 mi-2
£75010/242.03 mi-3
£87107/232.05 mi-3
£74511/242.06 mi-2
£75002/252.17 mi-2
£2,25005/242.25 miLintzford Road, Hamsterley Mill, NE395
£82501/252.25 mi-2
£62512/242.3 miBroom Hill, Stanley3
£1,20005/242.35 miCarrsyde Close, Whickham, Newcastle Upon Tyne, NE163
£1,20009/232.36 mi-3
£1,20009/242.36 mi-3
£57512/242.38 miSunny Terrace, Stanley, Co. Durham, DH93
£85011/242.39 mi-2
£55012/242.42 miSylvia Terrace, Stanley2
£50012/242.43 mi-2

Local Area Statistics

Population in NE16

25,637

Population in Newcastle upon Tyne

381,037

Town centre distance

7.46 miles away

Nearest school

0.50 miles away

Nearest train station

4.10 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £280,000

March 12, 2025

Listed for £325,000

July 30, 2024

Floor Plans

Description

  • Stunning Period Property +
  • Potential Annex +
  • Full of Charm & Charactor +
  • 28ft Lounge with Sove +
  • 20ft Kitchen/Breakfast Room +
  • Generous Garage +

Available for sale by Public Online Auction 31st March 2025

Stunning traditional family home with a country cottage feel. Stone-built, large rooms, high ceilings, Annex with lounge, bedroom, and bathroom, and located in the popular village of Burnopfield.

Being almost 200 years old the property exudes charm and character throughout, along with curb appeal from the wisterria and ivy-draped stone frontage. Formerly three properties this large home boasts four reception rooms including a 28ft lounge with multi-fuel stove, a 20ft kitchen/breakfast room which is the heart of the home and ideal for entertaining, four double bedrooms, a bathroom, and a shower room. There is even the potential to easily segregate a part of the downstairs to provide an Annex with a lounge, double bedroom, and bathroom. There is a rear courtyard garden with paved ground covering and mature planting. To the side is a generous garage, plus on-street parking to the front and rear. It is evident that the property has been loved by the current owner just by looking at the quality of the fixtures and fittings, and the attention to detail, from the slate tiled floor in the hallway to the exposed beams, everything is in keeping with the age and style of the property.

EPC Grade = TBC
Council Tax Band = C

Burnopfield is a popular commuter village with local shops, a primary school, and public houses. The property is within easy reach of Newcastle, Gateshead, Stanley, and Consett.

Agents Notes:
Freehold.
Mains electricity, gas, water (not metered) & drainage.
Flood Risk: Rivers & Seas = No Risk / Surface Water = Low.
Mobile coverage is Good from O2, average from EE, Three & Vodaphone.
Satellite & Cable TV available from BT & Sky.
Broadband available: Standard & Superfast.

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (Total £2400) Auction Administration Fee. OPTION 1.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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