2 Bed Flat, Single Let, Newcastle upon Tyne, NE6 1TW, £145,000

St. Peters Wharf, Newcastle upon Tyne, Tyne and Wear, NE6 1TW - 5 months ago

Leasehold
BTL
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£40.8K - £245K
Sold Prices/m²£861/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£111,590

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£550 - £3,500

Rent Estimate

£591

Running Costs/mo

£591

Cashflow/mo

£0

Cashflow/yr

£-4

Gross Yield

5%

Local Sold Prices

50 sold prices from £40.8K to £245K, average is £92.8K. £861/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£186K10/230 mi35, St Peters Wharf, Newcastle Upon Tyne, Tyne And Wear NE6 1TW2
£85.8K06/230.03 mi45, Foundry Court, Newcastle Upon Tyne, Tyne And Wear NE6 1UG2
£95K11/220.03 mi26, Foundry Court, Newcastle Upon Tyne, Tyne And Wear NE6 1UG2
£115K12/220.04 mi47, Foundry Court, Newcastle Upon Tyne, Tyne And Wear NE6 1UG2
£245K12/210.07 mi7, Chandlers Quay, Newcastle Upon Tyne, Tyne And Wear NE6 1UQ2
£240K04/230.07 mi8, Chandlers Quay, Newcastle Upon Tyne, Tyne And Wear NE6 1UQ2
£127.2K09/210.08 mi43, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£90.5K11/210.08 mi14, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£138K11/220.08 mi38, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£130K07/230.08 mi10, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£145K06/230.08 mi39, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£156K10/230.08 mi37, Rowes Mews, Newcastle Upon Tyne, Tyne And Wear NE6 1TX2
£129K03/230.22 mi38, The Ropery, Newcastle Upon Tyne, Tyne And Wear NE6 1TY2
£60K05/230.28 mi47, Chatsworth Gardens, St Anthonys, Newcastle Upon Tyne, Tyne And Wear NE6 2TN2
£54.5K06/230.29 mi149, Allendale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SY2
£55K09/210.32 mi103, Allendale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SX2
£65K12/230.35 mi249, Ayton Street, Newcastle Upon Tyne, Tyne And Wear NE6 2DD2
£58K08/230.36 mi5, Relton Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 2TH2
£62K10/200.36 mi215, Commercial Road, Byker, Newcastle Upon Tyne, Tyne And Wear NE6 2ED2
£77K02/210.38 mi14, The Oval, Walker, Newcastle Upon Tyne, Tyne And Wear NE6 3LH2
£45.8K01/210.45 mi115, Clydesdale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2EQ2
£81.5K11/200.55 mi97, Walker Road, Newcastle Upon Tyne, Tyne And Wear NE6 1RL2
£54K12/200.58 mi64, Gillies Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JP2
£57.5K01/230.6 mi2a, Dunmorlie Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JL2
£40.8K01/210.6 mi3, Dunmorlie Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JL2
£97K03/230.6 mi201, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT2
£92K09/230.6 mi119, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT2
£75K11/200.6 mi179, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT2
£93K08/210.6 mi131, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT2
£80K11/200.6 mi151, Redgrave Close, Gateshead, Tyne And Wear NE8 3JT2
£92.5K08/210.62 mi109, Albion Row, Newcastle Upon Tyne, Tyne And Wear NE6 1LR2
£93K07/210.66 mi92, Redgrave Close, Gateshead, Tyne And Wear NE8 3JE2
£95K10/200.66 mi36, Redgrave Close, Gateshead, Tyne And Wear NE8 3JE2
£90K07/240.66 mi8, Redgrave Close, Gateshead, Tyne And Wear NE8 3JE2
£100K03/230.66 mi30, Redgrave Close, Gateshead, Tyne And Wear NE8 3JE2
£85K10/210.66 mi103, Redgrave Close, Gateshead, Tyne And Wear NE8 3JD2
£87K09/210.66 mi35, Redgrave Close, Gateshead, Tyne And Wear NE8 3JD2
£110K11/210.66 mi57, Redgrave Close, Gateshead, Tyne And Wear NE8 3JD2
£97.5K03/210.66 mi101, Redgrave Close, Gateshead, Tyne And Wear NE8 3JD2
£93.5K06/230.67 mi89, Foster Drive, Gateshead, Tyne And Wear NE8 3JA2
£80K09/210.67 mi5, Foster Drive, Gateshead, Tyne And Wear NE8 3JA2
£76K12/200.68 mi16, Foster Drive, Gateshead, Tyne And Wear NE8 3JG2
£95K02/210.68 mi203, Sanderson Villas, Gateshead, Tyne And Wear NE8 3BZ2
£105K02/230.68 mi197, Sanderson Villas, Gateshead, Tyne And Wear NE8 3BZ2
£100K01/230.69 mi17, Ovett Gardens, Gateshead, Tyne And Wear NE8 3JH2
£92.5K10/200.69 mi30, Ovett Gardens, Gateshead, Tyne And Wear NE8 3JH2
£88K03/230.69 mi10, Renforth Close, Gateshead, Tyne And Wear NE8 3JB2
£100K07/230.69 mi58, Renforth Close, Gateshead, Tyne And Wear NE8 3JB2
£95K10/210.69 mi21, Renforth Close, Gateshead, Tyne And Wear NE8 3JF2
£105K12/220.7 mi11, Foster Drive, Gateshead, Tyne And Wear NE8 3JA2

Local Rents

45 rents from £550/mo to £3.5K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£80007/240.03 miFoundry Court, St Peters Basin, Newcastle, NE62
£80007/240.03 miFoundry Court, St. Peters Basin, NE62
£1,40008/240.07 mi-2
£1,39902/250.07 mi-2
£92507/240.09 miRowes Mews, Newcastle Upon Tyne, Tyne and Wear, NE6 1TX2
£80006/240.11 miRowes Mews, St. Peters Basin, Newcastle upon Tyne, Tyne and Wear2
£94510/240.19 mi-2
£89503/250.19 mi-2
£95005/240.19 miThe Ropery, St Peter's Basin, Newcastle upon Tyne2
£89506/240.22 mi-2
£82505/240.22 miThe Ropery, St Peter's Basin, Newcastle Upon Tyne, Tyne and Wear, NE62
£82507/240.22 miThe Ropery, Newcastle Upon Tyne, NE62
£82507/240.22 miThe Ropery, St Peter's Basin, Newcastle Upon Tyne, Tyne and Wear, NE62
£90006/240.25 miFriars Wharf Apts, Gateshead2
£80007/240.25 miFriars Wharf, Gateshead2
£90006/240.25 miFriars Wharf, Green Lane, Gateshead, Tyne and Wear, NE102
£1,00006/240.27 miFriars Wharf, Gateshead, NE102
£89501/250.27 mi-2
£87507/240.27 miFriars Wharf, Green Lane, Gateshead2
£95007/240.27 miGreen Lane, Gateshead2
£80001/250.28 mi-2
£57506/240.3 miChatsworth Gardens, St. Anthonys, Newcastle Upon Tyne, NE62
£57506/240.3 mi-2
£85011/240.33 mi-2
£1,15006/240.36 mi-2
£78006/240.42 mi-2
£3,50003/250.43 mi-2
£55006/240.45 miClydesdale Road, Newcastle Upon Tyne2
£80005/240.46 miLamerton Avenue, Newcastle Upon Tyne, NE6 3LF2
£1,05007/240.46 miOuseburn Wharf, Newcastle Quayside, NR62
£97505/240.46 miOuseburn Wharf, St Lawrence Road, Newcastle upon Tyne, Tyne and Wear, NE62
£87506/240.46 miOuseburn Wharf, St Lawrence Road, Newcastle Upon Tyne, NE62
£87507/240.46 miOuseburn Wharf, St Lawrence Road, Newcastle Upon Tyne, NE62
£95006/240.46 miOuseburn Wharf, St Lawrence Road, Newcastle upon Tyne, NE62
£2,20002/250.46 mi-2
£95007/240.47 miOuseburn Wharf, St Lawrence Road, Newcastle upon Tyne, NE62
£95007/240.47 miOuseburn Wharf, St Lawrence Road, Newcastle upon Tyne, NE62
£95005/240.53 miOuseburn Wharf, Newcastle2
£1,75005/240.55 mi-2
£71007/240.6 miMarigold Avenue, Gateshead, Tyne And Wear, NE102
£1,65005/240.6 mi-2
£1,65002/240.6 mi-2
£70006/240.61 miHarriet Street, Byker, Newcastle Upon Tyne2
£70007/240.61 miHarriet Street, Byker, Newcastle Upon Tyne2
£84003/250.62 mi-2

Local Area Statistics

Population in NE6

50,441

Population in Newcastle upon Tyne

381,037

Town centre distance

4.46 miles away

Nearest school

0.50 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Price changed to £145,000

February 12, 2025

Listed for £155,000

October 31, 2024

Description

Bridgfords are excited to offer to the market this 2 bedroom 2 bath apartment located in the stunning St Peters Wharf development.

The property briefly comprises a very large reception room with sliding doors onto balcony overlooking St Peters Basin and a good sized fully fitted kitchen. A further two double bedrooms. The master has an en-suite shower room and a separate family bathroom.

Additionally the property comes with a parking space and balcony

Agent Details

Bridgfords, Newcastle upon Tyne

0191 917 9472

Next Steps?

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