2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 6NN, £145,000

16 Raglan Place, Newcastle Upon Tyne, Durham, NE16 6NN - 4 months ago

Sold STC
BTL
ROI: 1%
71 m²
+14 photos

ValuationOvervalued

Sold Prices£65K - £195.3K
Sold Prices/m²£903/m² - £2.3K/m²

 

 

Square Metres

71.14 m²
Price/m²£2K/m²

Value Estimate

£108,933

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£625 - £1,000

Rent Estimate

£625

Running Costs/mo

£598

Cashflow/mo

£27

Cashflow/yr

£323

ROI

1%

Gross Yield

5%

Local Sold Prices

44 sold prices from £65K to £195.3K, average is £113.8K. £903/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£115K10/200.02 mi4, Chapel Avenue, Burnopfield, Newcastle Upon Tyne, Durham NE16 6NW2
£130K11/200.02 mi6, Chapel Avenue, Burnopfield, Newcastle Upon Tyne, Durham NE16 6NW2
£168K06/240.05 mi6, Grove Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NP2
£135K10/200.08 mi18, Gibside Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NJ2
£130K04/210.1 mi27, Sheephill, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NB2
£166K06/240.15 mi39, Busty Bank, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NG2
£195.3K03/210.19 mi2, Westwood Close, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NQ2
£117.3K04/240.19 mi3, Fell Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DW2
£151K05/240.24 mi55, Busty Bank, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6BQ2
£122K01/210.24 mi48, Busty Bank, Burnopfield, Newcastle Upon Tyne, Durham NE16 6BQ2
£110K10/200.25 mi1, Heather Terrace, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DR2
£128K01/240.25 mi2, Rowan Court, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6PJ2
£79K11/210.26 mi12, Park View, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QE2
£130K02/240.26 mi16, Park View, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QE2
£135K10/210.3 mi2, Briar Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DX2
£150K01/240.3 mi2, Briar Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DX2
£105K03/230.31 mi3, Park View, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QE2
£125K12/210.31 mi18, Park View, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QE2
£70K07/210.32 mi12, Magnolia Grove, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QN2
£120K11/200.32 mi15, Hazel Grove, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DU2
£81.5K03/210.32 mi48, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, Durham NE16 6QF2
£112.5K06/230.32 mi18, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF2
£97K03/230.32 mi24, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF2
£115K12/220.34 mi11, Holly Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DY2
£146.5K06/210.34 mi15, Holly Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DY2
£147K04/240.36 mi13, Eden Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QQ2
£90K11/220.64 mi7, Laurel Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HY2
£72K10/200.66 mi4, Poplar Avenue, Burnopfield, Newcastle Upon Tyne, Durham NE16 6HZ2
£65K04/210.66 mi16, Poplar Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HZ2
£82K03/230.7 mi8, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA2
£80K08/230.7 mi18, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA2
£70K05/210.72 mi2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£125K08/240.72 mi12, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£70K05/210.72 mi2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£106K10/230.77 mi12, Cedar Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HU2
£86K02/230.84 mi5, Crathorne Court, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DA2
£110K09/210.84 mi11, Crathorne Court, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DA2
£115K10/220.87 mi38, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE2
£125.5K10/230.88 mi36, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE2
£90K12/210.9 mi2, Albion Gardens, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JR2
£95K03/240.96 mi8, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ2
£100K10/220.96 mi3, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ2
£74K12/200.96 mi4, Cawthorne Terrace, Hobson, Newcastle Upon Tyne, County Durham NE16 6EJ2
£95K07/210.97 mi48, Front Street, Hobson, Newcastle Upon Tyne, Durham NE16 6EF2

Local Rents

12 rents from £625/mo to £1K/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£75005/240 miRaglan Place, Newcastle Upon Tyne2
£75009/240.65 mi-2
£62510/230.7 mi-2
£65005/240.75 miBirch Mews, Burnopfield, Newcastle upon Tyne, Durham, NE16 6LL2
£65011/230.77 mi-2
£67505/240.77 mi-2
£62505/240.82 miSyke Road, Burnopfield, Newcastle upon Tyne, Durham, NE16 6HD2
£69506/240.87 miGaresfield Gardens, Burnopfield2
£75007/240.89 miBriardene, Burnopfield2
£75002/250.93 mi-2
£62512/230.95 mi-2
£1,00005/241.22 miStation Road, Rowlands Gill, NE392

Local Area Statistics

Population in NE16

25,637

Population in Newcastle upon Tyne

381,037

Town centre distance

7.41 miles away

Nearest school

0.50 miles away

Nearest train station

4.06 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £145,000

November 12, 2024

Sold for £121,000

2004

Sold for £58,000

2001

Sold for £40,000

1998

Description

  • Two Bedrooms +

  • Period End Terrace +

  • Modern Dining Kitchen +

  • Stylish Bathroom +

  • Detached Garage +

  • Council Tax Band A +

  • EPC Rating E +

AN OUTSTANDING period home set within the semi rural location of Burnopfield. The living space includes a beautiful lounge with log burner, MODERN DINING KITCHEN, two bedrooms plus a storage room and a STYLISH BATHROOM. Externally, a town style garden lies to the front, an enclosed yard to the rear and a DETACHED GARAGE.

Agent Details

Sarah Mains Residential Sales and Lettings, Whickham

0191 625 1022

Next Steps?

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