3 Bed Flat, Single Let, Newcastle upon Tyne, NE2 3HR, £235,000

23 Bayswater Road, Newcastle Upon Tyne, Tyne And Wear, NE2 3HR - 5 views - 6 months ago

Sold STC
Leasehold
BTL
71 m²
+4 photos

ValuationOvervalued

Sold Prices£100K - £1.2M
Sold Prices/m²£1.3K/m² - £12.3K/m²

 

 

Square Metres

71 m²
Price/m²£3.3K/m²

Value Estimate

£179,090

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Total Cash In

£67,000

 

 

Cash Out

 

Rent Range

£711 - £2,275

Rent Estimate

£711

Running Costs/mo

£897

Cashflow/mo

£-186

Cashflow/yr

£-2,227

Gross Yield

4%

Local Sold Prices

28 sold prices from £100K to £1.2M, average is £217.5K. £1.3K/m² to £12.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£195K07/210.03 mi49, Bayswater Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 3HR3
£227K04/210.04 mi10, Glenthorn Road, Newcastle Upon Tyne, Tyne And Wear NE2 3HN3
£238.5K04/230.09 mi94, St Georges Terrace, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 2DL3
£265K08/230.1 mi53a, Sanderson Road, Newcastle Upon Tyne, Tyne And Wear NE2 2DR3
£215K09/210.11 mi103, Glenthorn Road, Newcastle Upon Tyne, Tyne And Wear NE2 3HJ3
£245K10/230.12 mi30, Myrtle Grove, Newcastle Upon Tyne, Tyne And Wear NE2 3HT3
£190K02/210.19 mi46, Oakland Road, Newcastle Upon Tyne, Tyne And Wear NE2 3DR3
£220K06/210.2 mi11, Ashleigh Grove, West Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 3DJ3
£270K04/230.3 mi74, Fairfield Road, West Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 3BY3
£325K11/210.36 mi29, Osborne Road, Newcastle Upon Tyne, Tyne And Wear NE2 2AH3
£200K11/200.36 mi31a, Osborne Road, Newcastle Upon Tyne, Tyne And Wear NE2 2AH3
£227.5K07/240.43 mi70, Newlands Road, Newcastle Upon Tyne, Tyne And Wear NE2 3NT3
£1.2M01/210.5 miAbbot Memorial Building, 46, Princess Mary Court, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 3BG3
£222.5K03/230.56 mi43, Buston Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 2JL3
£380K10/210.59 miFlat 2, 14, Burdon Terrace, Newcastle Upon Tyne, Tyne And Wear NE2 3AE3
£515K09/230.59 mi28a, Clayton Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear NE2 4RQ3
£192.8K08/230.73 mi75, Sandringham Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1QB3
£192.8K08/230.73 mi75, Sandringham Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1QB3
£103.3K05/210.76 mi76, Audley Road, Newcastle Upon Tyne, Tyne And Wear NE3 1QX3
£200K08/230.76 mi125, Audley Road, Newcastle Upon Tyne, Tyne And Wear NE3 1QH3
£169K11/200.9 mi39, Wolseley Gardens, Newcastle Upon Tyne, Tyne And Wear NE2 1HR3
£270K09/210.9 mi12, Cloister Garth, Newcastle Upon Tyne, Tyne And Wear NE7 7LW3
£100K02/210.9 mi72, Kelvin Grove, Newcastle Upon Tyne, Tyne And Wear NE2 1RL3
£450K10/230.91 mi37, Elmfield Square, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4BL3
£157K04/210.95 mi55, Greystoke Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 1PN3
£157K04/210.95 mi53, Greystoke Avenue, Newcastle Upon Tyne, Tyne And Wear NE2 1PN3
£163.5K04/240.97 mi8, Sloane Court, Newcastle Upon Tyne, Tyne And Wear NE2 4PF3
£187K12/200.99 mi62, Hyde Terrace, Newcastle Upon Tyne, Tyne And Wear NE3 1AT3

Local Rents

51 rents from £711/mo to £2.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,56005/240.03 miBayswater Road, Jesmond, Newcastle Upon Tyne, NE23
£1,56005/240.03 miHazelwood Avenue, Newcastle Upon Tyne, Tyne and Wear, NE2 3HU3
£1,56005/240.03 mi(£120pppw) Hazelwood Avenue, Newcastle Upon Tyne, NE23
£1,75505/240.04 miGlenthorn Road, Newcastle Upon Tyne3
£1,56005/240.04 miHazelwood Avenue, Jesmond, Newcastle upon Tyne3
£1,69507/240.07 miTavistock Road, Jesmond3
£1,70005/240.07 miTavistock Road, Jesmond3
£1,75505/240.07 miTavistock Road, Jesmond, Newcastle Upon Tyne3
£1,56005/240.07 miTavistock Road, Jesmond3
£1,62505/240.07 miMyrtle Grove, Newcastle Upon Tyne3
£1,10012/240.07 mi-3
£1,75505/240.08 miTavistock Road, Newcastle Upon Tyne3
£1,56005/240.08 miConiston Avenue, West Jesmond, Newcastle Upon Tyne3
£1,56005/240.08 miTavistock Road, Newcastle Upon Tyne3
£1,95007/240.08 miOsborne Road, Jesmond3
£1,72506/240.09 miOsborne Road, Jesmond, Newcastle upon Tyne3
£1,56005/240.09 miTavistock Road, Jesmond, Newcastle Upon Tyne3
£1,56005/240.1 miLonsdale Terrace, Jesmond, Newcastle Upon Tyne, NE23
£1,56005/240.11 miMyrtle Grove, Jesmond, Newcastle Upon Tyne, NE23
£1,95006/240.12 miMyrtle Grove, Newcastle Upon Tyne, NE23
£1,53405/240.13 miConiston Avenue,Jesmond,Newcastle Upon Tyne,NE23
£1,69506/240.13 miMyrtle Grove, Jesmond3
£1,69006/240.13 miGlenthorn Road, Jesmond, Newcastle upon Tyne3
£1,88506/240.15 miThornleigh Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3ET3
£2,27506/240.16 miOsborne Road, Newcastle Upon Tyne, Tyne and Wear, NE2 2TA3
£1,50006/240.18 miMildmay Road, Jesmond, Newcastle Upon Tyne, NE23
£2,25006/240.18 miLindisfarne Road, Jesmond, Newcastle Upon Tyne3
£1,69507/240.18 miAshleigh Grove, Jesmond3
£1,69507/240.18 miAshleigh Grove, Jesmond3
£1,62505/240.18 miOakland Road, Jesmond, Newcastle upon Tyne3
£1,62506/240.19 miHolmwood Grove, Newcastle Upon Tyne, NE23
£1,90012/240.2 miAshleigh Grove, West Jesmond, NE23
£1,62906/240.21 miSt Georges Mews, Jesmond3
£1,15006/240.22 miClaremont Road, Spital Tongues, Newcastle Upon Tyne, NE23
£1,75505/240.24 miLavender Gardens,Jesmond,Newcastle Upon Tyne,NE23
£1,75512/240.24 miLavender Gardens, Jesmond, Newcastle upon Tyne, Tyne and Wear, NE2 3DE3
£1,75505/240.25 miForsyth Road, Newcastle Upon Tyne3
£1,75505/240.27 miForsyth Road, Newcastle Upon Tyne3
£2,25005/240.27 miDene Grange, Lindisfarne Road, Jesmond3
£1,62505/240.28 miFairfield Road, Newcastle Upon Tyne3
£2,06705/240.28 miOsborne Road, Jesmond, Newcastle upon Tyne3
£1,80705/240.29 miFairfield Road, Newcastle Upon Tyne3
£1,49505/240.3 miFairfield Road, Jesmond, Newcastle Upon Tyne3
£1,90005/240.32 miAdderstone Crescent, Newcastle Upon Tyne, Tyne and Wear, NE23
£2,20005/240.32 miLindisfarne Road, Jesmond, Newcastle upon Tyne, NE23
£71105/240.33 mi53 Osborne Road NE2 2AH3
£1,60006/240.35 miSturdee Gardens, High West Jesmond3
£1,55006/240.35 miHonister Avenue, High West Jesmond, Newcastle upon Tyne3
£1,65007/240.37 miAlbury Road, High West Jesmond3
£1,75505/240.43 miJesmond, Newcastle Upon Tyne3
£2,01505/240.43 miSouth Bank Otterburn Villas, Newcastle upon Tyne, Tyne and Wear, NE23

Local Area Statistics

Population in NE2

27,709

Population in Newcastle upon Tyne

381,037

Town centre distance

2.29 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £235,000

October 17, 2024

Sold for £200,000

1998

Description

  • Three bedrooms +
  • Ground floor flat +
  • Private south facing yard +
  • Leasehold - 999 years from 17 February 1983 +
  • Ground rent - £30 per annum +
  • EPC rating D +
  • Council tax band B +

Welcome to this delightful 3-bedroom ground floor flat. Perfectly positioned with excellent public transport links and close proximity to local amenities such as Jesmond metro station, Jesmond library, and Jesmond swimming pool, this property is a true gem.

Decorated neutrally to suit any taste, this home offers a comfortable and welcoming atmosphere. The property boasts an open-plan kitchen, fully fitted with an integrated fridge/freezer and dishwasher, perfect for those who love to cook and entertain. The kitchen flows seamlessly into the reception room, which provides access to a beautiful south facing private yard. This unique feature allows for an abundance of natural light, creating a bright and airy living space.

The property features three double bedrooms, each with their own unique qualities. Bedroom one is a charming space featuring a bay window, allowing for a good amount of natural light. Bedroom two showcases a built-in cupboard, providing ample storage space whilst maintaining the room's clean design. The third bedroom, whilst modest, offers a comfortable space for rest and relaxation.

A neutrally decorated bathroom complements the property, though details are not specified, it completes the layout of this flat.

This flat is rated as a 'D' on the EPC and falls into council tax band 'B', making it an affordable option for many.  Available with no upper chain.

Close to excellent schools and local amenities, this property is ideal for families or professionals seeking a well-connected and vibrant location. With its open-plan design and beautiful private yard, this property truly is a unique find in the heart of Jesmond.
PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: GAS CENTRAL HEATING
Broadband: FIBRE
Mobile Signal Coverage Blackspot: NO
Parking: ON STREET PERMIT PARKING MINING - The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

Agent Details

Rook Matthews Sayer, Jesmond

0191 625 0131

Next Steps?

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