2 Bed Bungalow, Single Let, Newcastle upon Tyne, NE16 6JJ, £155,000
50 Birch Crescent, Newcastle Upon Tyne, County Durham, NE16 6JJ - 4 months ago
Sold STC
BTL
68 m²
+19 photos
ValuationOvervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £38,750 |
Stamp Duty & Legal Fees | £5,850 |
Total Cash In | £44,600 |
| |
Cash Out | |
Rent Range | £625 - £750 |
Rent Estimate | £625 |
Running Costs/mo | £629 |
Cashflow/mo | £-4 |
Cashflow/yr | £-52 |
Gross Yield | 5% |
Local Rents
10 rents from £625/mo to £750/mo, average is £663/mo.
Local Area Statistics
Population in NE16 | 25,637 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 7.80 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 4.33 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +33% |
Property History
Listed for £155,000
November 12, 2024
Sold for £105,000
2017
Sold for £105,000
2005
Description
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