3 Bed Semi-Detached House, Cash/Bridging Only, Newcastle upon Tyne, NE13 9DE, £250,000





ValuationOvervalued
Sold Prices | £92K - £425K |
Sold Prices/m² | £1.1K/m² - £6.1K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.7K/m² |
Value Estimate | £231,111£231,111 |
| |
End Value (After Refurb) | £233,750£233,750 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £62,500£62,500 |
Stamp Duty & Legal Fees | £13,700£13,700 |
Refurb Costs | £35,501£35,501 |
Bridging Loan Interest | £6,563£6,563 |
Total Cash In | £120,013£120,013 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £233,750£233,750 |
Mortgage (After Refinance) | £175,313£175,313 |
Mortgage LTV | 75%75% |
Cash Left In | £120,013£120,013 |
Equity | £58,438£58,438 |
Rent Range | £895 - £1,500£895 - £1,500 |
Rent Estimate | £1,226 |
Running Costs/mo | £996£996 |
Cashflow/mo | £230£230 |
Cashflow/yr | £2,764£2,764 |
ROI | 2%2% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £92K to £425K, average is £215K. £1.1K/m² to £6.1K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£210K | 09/21 | 0.05 mi | 7, Bridget Gardens, Newcastle Upon Tyne, Tyne And Wear NE13 9DD | £2,658 | 79 | 3 | Semi-Detached House | |
£230K | 11/22 | 0.07 mi | 31, Heron Crescent, Newcastle Upon Tyne, Tyne And Wear NE13 9DA | £2,911 | 79 | 3 | Semi-Detached House | |
£180K | 06/21 | 0.12 mi | 15, Greville Gardens, Newcastle Upon Tyne, Tyne And Wear NE13 9DB | £2,169 | 83 | 3 | Terraced House | |
£235K | 11/20 | 0.12 mi | 3, Greville Gardens, Newcastle Upon Tyne, Tyne And Wear NE13 9DB | £2,448 | 96 | 3 | Detached House | |
£207.5K | 03/21 | 0.12 mi | 9, Greville Gardens, Newcastle Upon Tyne, Tyne And Wear NE13 9DB | £2,627 | 79 | 3 | Detached House | |
£164K | 10/20 | 0.19 mi | 61, Roseden Way, Newcastle Upon Tyne, Tyne And Wear NE13 9BD | £1,929 | 85 | 3 | Semi-Detached House | |
£255K | 01/21 | 0.22 mi | 4, Elemore Close, Newcastle Upon Tyne, Tyne And Wear NE13 9BW | £2,024 | 126 | 3 | Semi-Detached House | |
£205K | 11/20 | 0.25 mi | 80, Osprey Walk, Newcastle Upon Tyne, Tyne And Wear NE13 9DW | £2,071 | 99 | 3 | Semi-Detached House | |
£275K | 12/22 | 0.27 mi | 8, Esperley Avenue, Newcastle Upon Tyne, Tyne And Wear NE13 9BR | £6,138 | 45 | 3 | Detached House | |
£210K | 11/20 | 0.27 mi | 55, Wagonway Drive, Newcastle Upon Tyne, Tyne And Wear NE13 9BX | £2,121 | 99 | 3 | Semi-Detached House | |
£197K | 04/21 | 0.32 mi | 25, Lynemouth Way, Newcastle Upon Tyne, Tyne And Wear NE13 9GA | £1,970 | 100 | 3 | Semi-Detached House | |
£275K | 01/23 | 0.33 mi | 70, Barmoor Drive, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 5RG | £3,056 | 90 | 3 | Semi-Detached House | |
£180K | 04/23 | 0.41 mi | 10, Ingram Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BR | - | - | 3 | Semi-Detached House | |
£200K | 01/21 | 0.41 mi | 14, Ingram Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BR | £2,564 | 78 | 3 | Semi-Detached House | |
£152K | 05/21 | 0.46 mi | 26, Caldwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 2AX | - | - | 3 | Semi-Detached House | |
£185K | 06/21 | 0.46 mi | 44, Caldwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 2AX | £4,245 | 44 | 3 | Semi-Detached House | |
£310K | 12/23 | 0.46 mi | 48, Caldwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 2AX | £2,793 | 111 | 3 | Semi-Detached House | |
£182.5K | 05/21 | 0.46 mi | 36, Caldwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 2AX | £1,862 | 98 | 3 | Semi-Detached House | |
£275K | 02/23 | 0.54 mi | 3, Sharperton Drive, Newcastle Upon Tyne, Tyne And Wear NE3 5RL | - | - | 3 | Semi-Detached House | |
£230K | 12/23 | 0.55 mi | 28, Belsay Gardens, Newcastle Upon Tyne, Tyne And Wear NE3 2AU | £2,875 | 80 | 3 | Semi-Detached House | |
£220K | 05/23 | 0.55 mi | 2, Ingoe Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2SS | - | - | 3 | Semi-Detached House | |
£220K | 12/20 | 0.57 mi | 7, Kyloe Close, Newcastle Upon Tyne, Tyne And Wear NE3 2SU | £2,716 | 81 | 3 | Detached House | |
£252.5K | 11/22 | 0.57 mi | 10, Kyloe Close, Newcastle Upon Tyne, Tyne And Wear NE3 2SU | £3,079 | 82 | 3 | Detached House | |
£236.5K | 12/22 | 0.57 mi | 4, Hauxley Drive, Newcastle Upon Tyne, Tyne And Wear NE3 2SQ | £2,319 | 102 | 3 | Detached House | |
£280K | 08/23 | 0.58 mi | 32, Acomb Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2BA | £2,593 | 108 | 3 | Semi-Detached House | |
£249.9K | 05/21 | 0.58 mi | 36, Acomb Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2BA | - | - | 3 | Semi-Detached House | |
£243K | 04/21 | 0.61 mi | 67, Netherwitton Way, Newcastle Upon Tyne, Tyne And Wear NE3 5RP | £2,271 | 107 | 3 | Terraced House | |
£238K | 08/23 | 0.62 mi | 58, Fawdon Lane, Newcastle Upon Tyne, Tyne And Wear NE3 2AE | - | - | 3 | Semi-Detached House | |
£150K | 06/23 | 0.62 mi | 4, Harlow Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2AS | - | - | 3 | Semi-Detached House | |
£156K | 06/21 | 0.62 mi | 32, Broomley Walk, Newcastle Upon Tyne, Tyne And Wear NE3 2BH | £2,108 | 74 | 3 | Terraced House | |
£185K | 11/23 | 0.63 mi | 39, Farn Court, Newcastle Upon Tyne, Tyne And Wear NE3 2TH | £2,256 | 82 | 3 | Semi-Detached House | |
£290K | 01/23 | 0.64 mi | 19, Brackenpeth Mews, Newcastle Upon Tyne, Tyne And Wear NE3 5RS | £3,293 | 88 | 3 | Detached House | |
£180K | 11/20 | 0.65 mi | 16, Elmwood Park Court, Newcastle Upon Tyne, Tyne And Wear NE13 9BP | £1,935 | 93 | 3 | Terraced House | |
£227K | 08/24 | 0.65 mi | 14, Farne Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BJ | £2,522 | 90 | 3 | Semi-Detached House | |
£320K | 02/23 | 0.66 mi | 11, Farne Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2BJ | £3,810 | 84 | 3 | Semi-Detached House | |
£215K | 03/24 | 0.67 mi | 5, Lichfield Close, Newcastle Upon Tyne, Tyne And Wear NE3 2YW | £2,529 | 85 | 3 | Semi-Detached House | |
£150K | 06/24 | 0.67 mi | 43, Fawdon Lane, Newcastle Upon Tyne, Tyne And Wear NE3 2RT | - | - | 3 | Semi-Detached House | |
£185K | 08/21 | 0.67 mi | 45, Cresswell Drive, Newcastle Upon Tyne, Tyne And Wear NE3 2SY | £1,850 | 100 | 3 | Semi-Detached House | |
£215K | 06/24 | 0.67 mi | 43, Cresswell Drive, Newcastle Upon Tyne, Tyne And Wear NE3 2SY | - | - | 3 | Semi-Detached House | |
£200K | 10/23 | 0.68 mi | 8, Foxton Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2AR | - | - | 3 | Semi-Detached House | |
£200K | 09/21 | 0.68 mi | 3, Foxton Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2AR | £2,105 | 95 | 3 | Semi-Detached House | |
£170K | 04/24 | 0.69 mi | 9, Pelham Court, Newcastle Upon Tyne, Tyne And Wear NE3 2YL | £2,381 | 71 | 3 | Semi-Detached House | |
£314K | 10/23 | 0.69 mi | 50, South Bend, Newcastle Upon Tyne, Tyne And Wear NE3 5TR | - | - | 3 | Semi-Detached House | |
£340K | 10/23 | 0.69 mi | 26, South Bend, Newcastle Upon Tyne, Tyne And Wear NE3 5TR | - | - | 3 | Terraced House | |
£175K | 10/23 | 0.7 mi | 52, Fawdon Lane, Newcastle Upon Tyne, Tyne And Wear NE3 2AD | - | - | 3 | Semi-Detached House | |
£305K | 12/22 | 0.71 mi | 15, Greenfield Road, Newcastle Upon Tyne, Tyne And Wear NE3 5TN | - | - | 3 | Terraced House | |
£425K | 08/23 | 0.71 mi | 30, Milford Gardens, Newcastle Upon Tyne, Tyne And Wear NE3 5AT | £3,571 | 119 | 3 | Semi-Detached House | |
£215K | 01/23 | 0.71 mi | 15, Hawkshead Court, Newcastle Upon Tyne, Tyne And Wear NE3 2TG | £2,722 | 79 | 3 | Semi-Detached House | |
£244K | 02/21 | 0.73 mi | 69, Fawdon Park Road, Newcastle Upon Tyne, Tyne And Wear NE3 2PQ | £1,921 | 127 | 3 | Semi-Detached House | |
£92K | 07/24 | 0.74 mi | 44, Strathearn Way, Newcastle Upon Tyne, Tyne And Wear NE3 2SD | £1,082 | 85 | 3 | Semi-Detached House |
Local Rents
31 rents from £895/mo to £1.5K/mo, average is £1.2K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,200 | 05/24 | 0.05 mi | 3 Bedroom House Available to Rent on Shotton View, Newcastle Great Park | 3 | Semi-Detached House | |
£1,400 | 12/24 | 0.05 mi | Shotton View, Great Park, NE13 | 3 | Detached House | |
£1,000 | 07/24 | 0.07 mi | Greville Gardens, Great Park, Gosforth | 3 | Terraced House | |
£1,400 | 12/24 | 0.07 mi | Greville Gardens, Newcastle upon Tyne, Tyne and Wear, NE13 | 3 | Detached House | |
£1,250 | 06/24 | 0.08 mi | 3 Bedroom House to Let on Maynard Street, Newcastle Great Park | 3 | Flat | |
£1,050 | 05/24 | 0.11 mi | 3 Bedroom Townhouse to Let on Maynard Street, Newcastle Great Park | 3 | Flat | |
£1,150 | 05/24 | 0.15 mi | Roseden Way, Great Park, NE13 | 3 | Terraced House | |
£1,200 | 07/24 | 0.17 mi | Roseden Way, Great Park, NE13 | 3 | Terraced House | |
£1,050 | 02/25 | 0.19 mi | - | 3 | Terraced House | |
£1,100 | 05/24 | 0.19 mi | Osprey Walk, Great Park, Newcastle Upon Tyne | 3 | Flat | |
£1,350 | 05/24 | 0.26 mi | - | 3 | Semi-Detached House | |
£1,350 | 05/24 | 0.26 mi | Wagonway Drive, Newcastle Upon Tyne, NE13 | 3 | Detached House | |
£1,100 | 06/24 | 0.28 mi | 3 Bedroom Townhouse to Let on Iveston Avenue, Newcastle Great Park | 3 | Terraced House | |
£1,100 | 07/24 | 0.28 mi | 3 Bedroom Townhouse to Let on Iveston Avenue, Newcastle Great Park | 3 | Terraced House | |
£1,200 | 05/24 | 0.28 mi | Iveston Avenue, Great Park, Newcastle upon Tyne, Tyne and Wear, NE13 9BU | 3 | Flat | |
£1,395 | 05/24 | 0.32 mi | Lynemouth Way, Newcastle Great Park | 3 | Detached House | |
£1,200 | 12/24 | 0.38 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/25 | 0.44 mi | - | 3 | Detached House | |
£1,500 | 02/25 | 0.45 mi | - | 3 | Semi-Detached House | |
£1,200 | 06/24 | 0.46 mi | - | 3 | Terraced House | |
£1,200 | 06/24 | 0.46 mi | Willowbay Drive, Newcastle Upon Tyne, NE13 | 3 | Terraced House | |
£1,050 | 05/24 | 0.48 mi | Swallowtail Place, Great Park, NE13 | 3 | Terraced House | |
£1,300 | 06/24 | 0.48 mi | Swallowtail Place, Great Park, NE13 | 3 | Detached House | |
£1,500 | 12/24 | 0.48 mi | Ancroft Way, Gosforth, NE3 | 3 | Detached House | |
£895 | 05/24 | 0.57 mi | Acomb Crescent, Red House Farm | 3 | Detached House | |
£1,150 | 06/24 | 0.58 mi | The Maples, Primrose Lane, Great Park | 3 | Terraced House | |
£1,350 | 05/24 | 0.62 mi | Poppy Place, The Maples, Great Park, N13 | 3 | Detached House | |
£1,380 | 05/24 | 0.62 mi | - | 3 | Semi-Detached House | |
£1,200 | 07/24 | 0.62 mi | - | 3 | Terraced House | |
£1,200 | 03/25 | 0.62 mi | - | 3 | Terraced House | |
£1,300 | 05/24 | 0.62 mi | Netherwitton Way, Newcastle upon Tyne, Tyne and Wear, NE3 | 3 | Detached House |
Local Area Statistics
Population in NE13 | 12,41212,412 |
Population in Newcastle upon Tyne | 381,037381,037 |
Town centre distance | 1.37 miles away1.37 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.76 miles away0.76 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +34%+34% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +7%+7% |
Property History
Listed for £250,000
August 5, 2024
Description
- 3 Bedrooms +
- Semi-detached house +
- Spacious property arrange over 3 floors +
- Bathroom, downstairs wc and en-suite +
- Lovely mature garden +
- Open views to front elevation +
- Garage +
Sold subject to contract
**Three Bedroom Semi-detached House **
THREE BEDROOM SEMI-DETACHED PROPERTY situated on Shotton View, Newcastle Great Park. Bird House Properties are pleased to present this property boasting close proximity to Brunton First School and Havannah First School, a playgroup, private nursery, Great Park Community Centre with football pitch and Havannah Three Hills nature reserve. Quick links to A1 and Newcastle International Airport, the Q3 bus link passes nearby. Kingston Park and Central Gosforth are a short journey away.
This is the perfect opportunity to live in one of Newcastle's most sought after and growing communities. Cycle paths and walkways connect all developments within Newcastle Great Park and also lead to the beautiful countryside while being only 5 miles away from Newcastle City Centre.
Newcastle Great Park Town Centre is under development nearby with some useful shops already open including Guinot Beauty Salon, One Stop and the Pharmacy. Morrison's supermarket is open and has an array of facilities such as cash machine and post box.
Kwai Feh the Chinese sit-in and take-away restaurant is open and is a huge hit with the locals as well as U-Salon, 66-Barbers, Vanilla & Dreams and Great Park Advanced Dentistry. Plaza Bistro and Café has opened in the heart of the town and provides an excellent place to meet friends and enjoy breakfast, lunch or dinner.
The accommodation -;
Entrance hallway leading to living room, kitchen/diner and downstairs wc. The first floor has two double bedrooms and the family bathroom. The top floor has the master bedroom and en-suite.
The property is heated by gas and has radiators and light fittings in all rooms.
GROUND FLOOR
Hallway
Matting.
Lounge 12'9'' x 13'3'' (3.88m x 4.04m)
Carpeted, television point. Leading to garden via French doors.
Breakfasting kitchen 18'0'' x 9'3'' (5.48m x 2.81m)
Range of wall, drawer and base units fitted appliances include oven, gas hob and extractor over. Hard flooring, spotlights.
FIRST FLOOR
Bedroom two 12'10'' x 12'2'' (4.21m x 3.70m)
Carpeted.
Bedroom three 11'3'' x 6'2'' (3.43m x 1.88m)
Carpeted.
Bathroom 6'9'' x 5'7'' (2.06m x 1.70m)
3-Piece bathroom suite consisting of panelled bath with shower over, basin and wc. Hard flooring and spotlights.
SECOND FLOOR
Bedroom one 12'9'' x 12'2'' (3.88m x 3.76m)
Carpeted. Velux glazing.
En-suite 9'0'' x 8'1'' (2.74m x 2.46m)
3-Piece suite consisting of shower, basin and wc. Hard flooring and spotlights.
Garage
Detached. Long driveway.
Outdoors
To the front lawn and shrubs. To the rear fully enclosed mature garden with patio, lawn and planted borders.
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 and were obtained from the builder's brochure. Property descriptions are subjective and have been approved by the vendor.