2 Bed Flat, Single Let, Newcastle upon Tyne, NE4 8DU, £70,000
Clifton Road, Newcastle Upon Tyne, NE4 8DU - 8 views - 6 months ago
Leasehold
BTL
ROI: 14%
~68 m²





+6 photos
ValuationOvervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,500 |
Stamp Duty & Legal Fees | £3,300 |
Total Cash In | £20,800 |
| |
Cash Out | |
Rent Range | £595 - £2,850 |
Rent Estimate | £598 |
Running Costs/mo | £358 |
Cashflow/mo | £240 |
Cashflow/yr | £2,876 |
ROI | 14% |
Gross Yield | 10% |
Local Rents
43 rents from £595/mo to £2.9K/mo, average is £850/mo.
Local Area Statistics
Population in NE4 | 37,915 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 2.61 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.98 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +21% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £70,000
October 1, 2024
Sold for £53,500
2005
Sold for £81,000
2005
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
Sold STC
3 Bed House, Single Let, Newcastle upon Tyne, NE4 8SE
£180,000
2 views • 2 months ago • 93 m²
3 Bed House, Public Notice, Newcastle upon Tyne, NE4 8EF
£110,000
7 views • 4 months ago • 108 m²
Sold STC
3 Bed House, Single Let, Newcastle upon Tyne, NE4 8EF
£95,000
2 views • 2 months ago • 93 m²
Sold STC
4 Bed House, Single Let, Newcastle upon Tyne, NE4 8DR
£170,000
a month ago • 129 m²