3 Bed Terraced House, Single Let, Newcastle upon Tyne, NE6 2JA, £110,000
Cullercoats Street, Newcastle upon Tyne, NE6 2JA - 6 views - 4 months ago
Sold STC
BTL
ROI: 9%
~93 m²





+5 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £27,500 |
Stamp Duty & Legal Fees | £4,500 |
Total Cash In | £32,000 |
| |
Cash Out | |
Rent Range | £650 - £2,300 |
Rent Estimate | £750 |
Running Costs/mo | £514 |
Cashflow/mo | £236 |
Cashflow/yr | £2,832 |
ROI | 9% |
Gross Yield | 8% |
Local Rents
20 rents from £650/mo to £2.3K/mo, average is £913/mo.
Local Area Statistics
Population in NE6 | 50,441 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 4.45 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.52 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +23% |
Sales demand | Seller's market |
Capital growth (5yrs) | +31% |
Property History
Listed for £110,000
November 5, 2024
Floor Plans


Description
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