2 Bed Bungalow, Single Let, Newcastle upon Tyne, NE15 7QN, £180,000

Neptune Road, Newcastle upon Tyne, Tyne and Wear, NE15 7QN - 6 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£65.3K - £180K
Sold Prices/m²£824/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£107,364

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£650

Running Costs/mo

£713

Cashflow/mo

£-62

Cashflow/yr

£-750

Gross Yield

4%

Local Sold Prices

50 sold prices from £65.3K to £180K, average is £111.5K. £824/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£151K07/210.05 mi37, Neptune Road, Newcastle Upon Tyne, Tyne And Wear NE15 7QN2
£170K01/230.09 mi2, Ottercap Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XJ2
£145K10/220.1 mi14, Wingate Close, West Denton, Newcastle Upon Tyne, Tyne And Wear NE15 7QH2
£163K09/230.12 mi9, Newdene Walk, Newcastle Upon Tyne, Tyne And Wear NE15 7QS2
£176K08/230.12 mi11, Newdene Walk, Newcastle Upon Tyne, Tyne And Wear NE15 7QS2
£140K10/200.13 mi8, Malton Close, Newcastle Upon Tyne, Tyne And Wear NE15 7QJ2
£180K04/210.13 mi6, Overton Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XL2
£80K06/240.14 mi55, Dene Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 8RL2
£80K11/220.14 mi60, Wellington Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RH2
£83K02/230.14 mi61, Wellington Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RH2
£94K10/230.15 mi36, Wellington Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RH2
£100K11/230.15 mi53, Wellington Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RH2
£155K09/210.17 mi16, Ormskirk Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XN2
£100K02/230.17 mi56, Rokeby Street, Newcastle Upon Tyne, Tyne And Wear NE15 8RP2
£171K09/210.18 mi10, Ottershaw, Newcastle Upon Tyne, Tyne And Wear NE15 7XP2
£159.9K09/210.18 mi5, Ottershaw, Newcastle Upon Tyne, Tyne And Wear NE15 7XP2
£150K06/210.19 mi32, Morston Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7RZ2
£115K12/230.19 mi1, Moorcroft Close, Newcastle Upon Tyne, Tyne And Wear NE15 7QF2
£87K01/210.19 mi27, Wellington Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RE2
£83.5K12/200.21 mi22, Rokeby Street, Newcastle Upon Tyne, Tyne And Wear NE15 8RR2
£87.3K07/230.22 mi61, Sugley Street, Newcastle Upon Tyne, Tyne And Wear NE15 8RT2
£75K01/230.22 mi43, Sugley Street, Newcastle Upon Tyne, Tyne And Wear NE15 8RT2
£98K03/230.24 mi52, Montague Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RX2
£140K12/200.25 mi3, Melrose Close, West Denton, Newcastle Upon Tyne, Tyne And Wear NE15 7SU2
£125K12/230.25 mi11, Melrose Close, West Denton, Newcastle Upon Tyne, Tyne And Wear NE15 7SU2
£110K02/210.26 mi22, Ordley Close, Newcastle Upon Tyne, Tyne And Wear NE15 7XT2
£65.3K08/230.27 mi19, Montague Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RY2
£110K09/230.27 mi23, Montague Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8RY2
£68K06/230.31 mi22, Lesbury Street, Newcastle Upon Tyne, Tyne And Wear NE15 8DN2
£173K12/220.31 mi16, Claremont Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7LB2
£75K09/210.32 mi25, Orchard Terrace, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8AA2
£97K12/220.34 mi33, Ingoe Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8DQ2
£70K02/240.34 mi30, Ingoe Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8DQ2
£80K08/210.34 mi5, Ingoe Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8DQ2
£78K12/200.34 mi27, Eva Street, Newcastle Upon Tyne, Tyne And Wear NE15 8DP2
£125K02/230.35 mi19, Linnel Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7LJ2
£100K04/210.35 mi37, Linnel Drive, Newcastle Upon Tyne, Tyne And Wear NE15 7LJ2
£128K12/220.37 mi20, Neville Road, Newcastle Upon Tyne, Tyne And Wear NE15 7LH2
£125K09/210.42 mi96, Broadwood Road, Newcastle Upon Tyne, Tyne And Wear NE15 7TB2
£132.5K09/230.42 mi98, Broadwood Road, Newcastle Upon Tyne, Tyne And Wear NE15 7TB2
£93K12/230.43 mi53, Warkworth Street, Lemington, Newcastle Upon Tyne, Tyne And Wear NE15 8ED2
£170K08/230.43 mi13, St Vincents Close, Newcastle Upon Tyne, Tyne And Wear NE15 7SN2
£113K11/200.43 mi11, St Vincents Close, Newcastle Upon Tyne, Tyne And Wear NE15 7SN2
£167.5K05/240.43 mi10, St Vincents Close, Newcastle Upon Tyne, Tyne And Wear NE15 7SN2
£109K10/220.44 mi75, Kielder Road, Newcastle Upon Tyne, Tyne And Wear NE15 8BW2
£80K08/230.44 mi19, Bywell Avenue, South Denton, Newcastle Upon Tyne, Tyne And Wear NE15 7RJ2
£130K02/230.44 mi94, Broadwood Road, Newcastle Upon Tyne, Tyne And Wear NE15 7TB2
£148K12/200.44 mi17, Falstone Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 7RP2
£74K12/200.46 mi12, Woodburn Street, Newcastle Upon Tyne, Tyne And Wear NE15 8EE2
£150.1K12/220.5 mi34, Wharmlands Road, Newcastle Upon Tyne, Tyne And Wear NE15 7UD2

Local Rents

12 rents from £595/mo to £2K/mo, average is £710/mo.

RentDateDistanceAddressBeds 
£67511/240.2 mi-2
£2,00006/240.21 mi-2
£1,80001/250.21 mi-2
£1,75004/250.21 mi-2
£65004/240.22 mi-2
£67505/240.3 miSt. Georges Terrace Bells Close, Newcastle Upon Tyne, NE152
£79506/240.3 miWishaw Rise, Lemington2
£84505/240.37 miArundel Drive, West Denton2
£65002/250.46 mi-2
£59506/240.55 miAvalon Drive, Newcastle Upon Tyne, NE152
£74511/240.57 mi-2
£65005/240.62 miRavenburn Gardens, Newcastle2

Local Area Statistics

Population in NE15

32,552

Population in Newcastle upon Tyne

381,037

Town centre distance

2.76 miles away

Nearest school

0.10 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Price changed to £180,000

January 19, 2025

Listed for £185,000

October 23, 2024

Floor Plans

Description

  • Two Bedroom Semi Detached Bungalow +
  • NO ONWARD CHAIN +
  • Recently updated and much improved +
  • Floor Area - Approximate 624 Sq.ft / 58 Sq.m +
  • Council Tax Band - C +
  • EPC Rating - D +

A recently improved and well laid out two bedroom semi detached bungalow with NO ONWARD CHAIN...

The property benefits from double glazing and a gas central heating system. Viewing is essential to fully appreciate.

Offering many features of note, the accommodation briefly comprises; a spacious kitchen to the rear opening into a garage, bathroom with three piece white suite, generous lounge and two double bedrooms

Externally there is a driveway providing off road parking for two cars and access to the garage.

The property is located in the popular estate of Dumpling Hall. The estate enjoys a good range of local services including shops, schools and pubs. The area also provides excellent transport links with regular bus routes into Newcastle city centre and the Metrocentre. The A69 and A1 trunk roads are also both close at hand allowing great access to the motorway network. The location also offers easy access across the river on the nearby Scotswood bridge making commuting ideal.

We understand the property is freehold.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QWD240639/2

Agent Details

YOUR MOVE Chris Stonock, West Denton

0191 625 0263

Next Steps?

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