5 Bed Detached House, Refurb/BRRR, Newcastle upon Tyne, NE20 9JA, £1,600,000

35 Woodside, Ponteland, Northumberland, NE20 - 6 views - 4 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 1%
~178 m²
+1 photos

ValuationOvervalued

Sold Prices£485K - £1.5M
Sold Prices/m²£2.1K/m² - £10.7K/m²

 

 

Square Metres

~178.28 m²
Price/m²£9K/m²

Value Estimate

£516,800

 

 

End Value (After Refurb)

£750,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£400,000

Stamp Duty & Legal Fees

£152,450

Refurb Costs

£68,517

Bridging Loan Interest

£42,000

Total Cash In

£664,717

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£750,000

Mortgage (After Refinance)

£562,500

Mortgage LTV

75%

Cash Left In

£664,717

Equity

£187,500

Rent Range

£1,650 - £6,000

Rent Estimate

£3,650

Running Costs/mo

£3,094

Cashflow/mo

£556

Cashflow/yr

£6,675

ROI

1%

Gross Yield

3%

Local Sold Prices

50 sold prices from £485K to £1.5M, average is £750K. £2.1K/m² to £10.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£1.1M11/210.13 mi67, Woodside, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JB5
£890K10/230.13 mi52, Woodside, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JB5
£750K05/210.13 mi78, Woodside, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JB5
£635K03/210.13 mi76, Woodside, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JB5
£710K06/210.16 mi1, Linden Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DP5
£750K02/230.22 mi1, High View, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9ET5
£955K11/210.24 mi26, Whinfell Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9EW5
£1.2M02/230.24 mi26, Whinfell Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9EW5
£640K12/200.26 mi6, Errington Close, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LT5
£492.5K11/200.3 mi101, Edge Hill, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JQ5
£835K10/200.35 mi4, Queensway, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RZ5
£525K05/210.38 mi226, Middle Drive, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LU5
£510K11/200.38 mi177, Middle Drive, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LU5
£820K08/230.4 mi151, Eastern Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RH5
£675K12/200.42 mi14a, Hawthorn Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RU5
£680K02/230.44 mi125, Edge Hill, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JS5
£730K06/210.44 mi217, Darras Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9AF5
£840K11/200.44 mi197, Darras Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9AF5
£510K01/230.47 mi17, Edge Hill, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RN5
£850K10/230.47 mi28, Westsyde, Newcastle Upon Tyne, Northumberland NE20 9LS5
£870K09/230.47 miWestsyde House, Westsyde, Newcastle Upon Tyne, Northumberland NE20 9LS5
£660K12/220.47 mi5, Hadrian Court, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JU5
£495K01/210.48 mi14, Fellside, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JP5
£950K02/230.48 mi6, Hill Park, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RX5
£710K01/230.51 mi138, Western Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LY5
£650K04/210.52 mi109, Western Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LY5
£780K01/210.52 mi107, Western Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9LY5
£525K10/200.55 mi50, Middle Drive, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DN5
£900K02/210.55 mi55, Middle Drive, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DN5
£636K01/210.57 mi4, Oaklands, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9PH5
£485K10/200.57 mi15, Avondale Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9NA5
£1.0M08/230.57 mi141, Edge Hill, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9JT5
£725K09/210.58 mi24, Meadowvale, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9NF5
£580K02/230.58 mi26, Meadowvale, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9NF5
£725K11/230.58 mi20, Meadowvale, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9NF5
£995K03/210.62 mi132, Runnymede Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9HN5
£785K05/210.64 mi56a, Willow Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RF5
£925K04/230.64 mi1, Sycamore Avenue, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DJ5
£1.2M03/210.65 mi89, Darras Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9PQ5
£1.5M06/210.67 mi124, Runnymede Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9HL5
£1.5M04/210.68 mi111, Runnymede Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9HL5
£1.1M09/230.68 mi80, Eastern Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RE5
£750K08/230.68 mi59, Eastern Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RE5
£850K11/200.68 mi70, Eastern Way, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RE5
£570K08/230.69 mi41, Collingwood Crescent, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DZ5
£650K12/200.8 mi10, Lady Rigg, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9QS5
£1.5M08/230.83 mi53, Runnymede Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9HJ5
£1.2M12/200.85 mi92, Runnymede Road, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9HH5
£800K06/230.85 mi4, Middle Drive, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9DH5
£670K03/210.92 mi54, Meadow Court, Ponteland, Newcastle Upon Tyne, Northumberland NE20 9RA5

Local Rents

13 rents from £1.6K/mo to £6K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£4,75007/230.27 mi-4
£3,00007/230.38 mi-4
£3,75005/240.38 mi-4
£3,25007/240.38 mi-4
£2,75007/240.45 miEdge Hill, Darras Hall, Ponteland, Newcastle Upon Tyne, NE204
£2,99505/240.48 miHill Park, Ponteland, Newcastle Upon Tyne5
£2,00011/240.57 mi-3
£4,00006/240.6 miThe Dairy, High Callerton, Newcastle Upon Tyne4
£3,00007/240.72 miBeech Court, Ponteland5
£1,65005/240.88 miWestern Way, Ponteland, Newcastle Upon Tyne3
£2,65005/241.02 miMedburn Close, Medburn, NE204
£6,00005/241.18 miProspect Farm, Medburn, Newcastle Upon Tyne, Northumberland5
£6,00007/241.18 miProspect Farm, Medburn, Newcastle Upon Tyne, Northumberland5

Local Area Statistics

Population in NE20

11,796

Population in Newcastle upon Tyne

381,037

Town centre distance

4.44 miles away

Nearest school

0.30 miles away

Nearest train station

2.18 miles away

 

 

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £1,600,000

November 12, 2024

Sold for £180,000

1999

Floor Plans

Description

  • SUBSTANTIAL DETACHED FAMILY HOME & BUILDING PLOT TO THE REAR +
  • EXTENSIVE SITE OFFERING A GENEROUS 1 ACRE PLOT +
  • DESIRABLE & PRESTIGEOUS RESIDENTIAL LOCATION +
  • PLANNING PERMISSION GRANTED FOR A SECOND SUBSTANTIAL HOME TO THE REAR +
  • IMPRESSIVE OPEN PLAN LIVING, DINING AND KITCHEN SPACE +
  • FOUR RECEPTION ROOMS +
  • FOUR BEDROOMS, FAMILY BATHROOM AND TWO EN-SUITES +
  • OFF STREET PARKING FOR MULTIPLE VEHICLES +

MODERN DETACHED FAMILY HOME - EXTENSIVE 1 ACRE GARDEN PLOT - PRESTIGIOUS RESIDENTIAL LOCATION - PLANNING PERMISSION GRANTED FOR A SECOND FAMILY HOME TO THE REAR

This imposing, modern detached family home is ideally located on Woodside, Darras Hall. Woodside, which is placed just off from Middle Drive and Edge Hill, is perfectly situated just a short walk from the shops and amenities of The Broadway as well as outstanding local schooling.

The property, which boasts close to 5,000 Square ft of internal living space, is also positioned only a short walk from the delightful village of Ponteland, with its excellent array of shops, cafes, restaurants and public houses.

Access to the property is provided via a large, block paved driveway which offers off street parking for multiple vehicles. The main entrance is situated to the centre and is placed beneath a stone pillared portico.

The main house, which is in need of some decorative modernisation, comprises: Central entrance hall with staircase leading to the first floor, ground floor shower room with WC and wooden flooring. To the left hand side of the hallway is a generous living room with dual aspect windows and wood-burning stove. To the right hand side of the hallway, doors lead into a second reception room (which could be utilised as a fifth bedroom) with walk-in bay window and also into a further reception room that is currently laid out as a home office/study.

A door to the rear then gives access into a superb, open plan living, dining and kitchen space with tiled flooring, glazed atrium/roof-light, central island with dining table and 'Lacanche' range cooker. The kitchen area provides French doors leading to the rear and is open to a living space. The kitchen then provides further access into a third reception room/family room and utility room.

A further door from the living space leads into a leisure suite is placed to the very rear of the ground floor. A door from the rear of the kitchen area gives access into an integral garage with access to a future store area.

The stairs then lead up to the first floor landing and give access to four generous bedrooms including two principal suites. Bedroom one is located to the very rear and provides a good sized double bedroom with access to a large en-suite bathroom with five piece suite. Bedroom two also offers a good sized double bedroom with walk-in wardrobe and en-suite shower room. Bedroom three is still a good sized double room with access to an en-suite bathroom. Bedroom for is laid out as a dressing room but is a a smaller double bedroom.

Externally, the property benefits from a substantial plot which extends to approximately 1 acre. The rear gardens provide a clear opportunity for further development with planning permission granted for a further dwelling and integral garage in 2022 (22/03478/FUL).

35 Woodside provides an excellent opportunity for the next owners to create two substantial family homes which are set within their own private grounds and gardens and viewing are advised.

Entrance Hall - Measurements taken at widest points

Lounge - 8.17m x 5.07m (26'10" x 16'8") - Measurements taken at widest points

Snug/Bedroom - 4.82m x 3.75m (15'10" x 12'4") - Measurements taken at widest points

Office - 3.25m x 3.75m (10'8" x 12'4") - Measurements taken at widest points

Shower Room - Measurements taken at widest points

Boot Room - Measurements taken at widest points

Wc - Measurements taken at widest points

Store - Measurements taken at widest points

Pantry - 2.47m x 1.54m (8'1" x 5'1") - Measurements taken at widest points

Dining Room - 4.59m x 4.15m (15'1" x 13'7") - Measurements taken at widest points

Kitchen/Dining Room - 6.44m x 9.21m (21'2" x 30'3") - Measurements taken at widest points

Utility Room - 2.42m x 3.44m (7'11" x 11'3") - Measurements taken at widest points

Family Room - 4.19m x 5.92m (13'9" x 19'5") - Measurements taken at widest points

Double Garage - Measurements taken at widest points

Store - Measurements taken at widest points

Landing - Measurements taken at widest points

Bedroom - 3.08m x 5.12m (10'1" x 16'10") - Measurements taken at widest points

En-Suite Bathroom - Measurements taken at widest points

Bedroom/Dressing Room - 3.15m x 3.75m (10'4" x 12'4") - Measurements taken at widest points

Bedroom - 5.76m x 3.75m (18'11" x 12'4") - Measurements taken at widest points

En-Suite - Measurements taken at widest points

Walk-In Wardrobe - Measurements taken at widest points

Bedroom - 3.20m x 5.12m (10'6" x 16'10") - Measurements taken at widest points

Walk-In Wardrobe - Measurements taken at widest points

Bedroom - 2.00m x 5.30m (6'7" x 17'5") - Measurements taken at widest points

En-Suite Bathroom - Measurements taken at widest points

En-Suite - Measurements taken at widest points

Agent Details

Brunton Residential, Ponteland

01661 525178

Next Steps?

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