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
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 | £-5,820 |
Gross Yield | 2% |
Local Rents
50 rents from £400/mo to £2.3K/mo, average is £748/mo.
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
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