3 Bed Semi-Detached House, Cash/Bridging Only, Newcastle upon Tyne, NE5 3JT, £115,000

Blakemoor Place, Blakelaw, Newcastle upon Tyne, NE5 3JT - 3 views - 4 months ago

Sold STC
Cash
ROI: 6%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£83K - £185K
Sold Prices/m²£1K/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£117,300

 

 

End Value (After Refurb)

£128,065

Uplift in Value

+11%

Investment Opportunity











Local Sold Prices

50 sold prices from £83K to £185K, average is £137.5K. £1K/m² to £2.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£134K12/220.01 mi1, Blakemoor Place, Newcastle Upon Tyne, Tyne And Wear NE5 3JT3
£148K04/210.02 mi4, Houndelee Place, Newcastle Upon Tyne, Tyne And Wear NE5 3JU3
£137K04/210.02 mi3, Houndelee Place, Newcastle Upon Tyne, Tyne And Wear NE5 3JU3
£120K06/210.02 mi1, Houndelee Place, Newcastle Upon Tyne, Tyne And Wear NE5 3JU3
£118K05/210.04 mi95, Springfield Road, Newcastle Upon Tyne, Tyne And Wear NE5 3NR3
£144K02/230.09 mi114, Southmead Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3NY3
£150K12/220.1 mi53, Southmead Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PA3
£185K09/230.12 mi7, Beaufront Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2SA3
£124.5K01/210.13 mi38, Acomb Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2RY3
£112K05/210.13 mi21, Acomb Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2RY3
£155K07/230.13 mi18, Acomb Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2RY3
£162K09/230.14 mi42, Brookside Crescent, Newcastle Upon Tyne, Tyne And Wear NE5 3LY3
£132K06/240.14 mi16, Harnham Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2HX3
£160K11/200.14 mi2, Harnham Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2HX3
£110K01/210.15 mi42, Rosehill Way, Newcastle Upon Tyne, Tyne And Wear NE5 3PH3
£138.1K08/230.16 mi41, Rosehill Way, Newcastle Upon Tyne, Tyne And Wear NE5 3PE3
£149.9K01/240.17 mi131, Stamfordham Road, Newcastle Upon Tyne, Tyne And Wear NE5 3JN3
£116K12/200.17 mi8, Cheeseburn Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2HY3
£90K03/210.17 mi156, Stamfordham Road, Newcastle Upon Tyne, Tyne And Wear NE5 3JR3
£115K08/230.19 mi30, Southmead Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PB3
£154K09/230.19 mi39, Southmead Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PB3
£108K06/210.2 mi43, Springfield Road, Newcastle Upon Tyne, Tyne And Wear NE5 3DX3
£145K11/200.2 mi87, Netherby Drive, Newcastle Upon Tyne, Tyne And Wear NE5 2RU3
£137K06/230.21 mi9, Doxford Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 3LU3
£97.5K09/210.21 mi11, Doxford Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 3LU3
£105K03/210.21 mi8, Doxford Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 3LU3
£145K01/240.21 mi48, Springfield Road, Newcastle Upon Tyne, Tyne And Wear NE5 3DU3
£99K12/200.21 mi55, Deanham Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2JD3
£168K06/230.21 mi69, Deanham Gardens, Newcastle Upon Tyne, Tyne And Wear NE5 2JD3
£155K05/240.23 mi12, Druridge Drive, Newcastle Upon Tyne, Tyne And Wear NE5 3LD3
£117K06/210.23 mi20, Druridge Drive, Newcastle Upon Tyne, Tyne And Wear NE5 3LD3
£126K11/200.23 mi22, Druridge Drive, Newcastle Upon Tyne, Tyne And Wear NE5 3LD3
£133K08/210.24 mi31, Barclay Place, Newcastle Upon Tyne, Tyne And Wear NE5 3RA3
£123.5K03/210.24 mi148, Roundhill Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PY3
£181K06/240.26 mi5, Radcliffe Place, Newcastle Upon Tyne, Tyne And Wear NE5 3LN3
£83K01/210.27 mi9, Ainslie Place, Newcastle Upon Tyne, Tyne And Wear NE5 3PS3
£128.5K03/210.27 mi25, Rothay Place, Newcastle Upon Tyne, Tyne And Wear NE5 3PU3
£147.5K03/230.3 mi7, Kirkheaton Place, Newcastle Upon Tyne, Tyne And Wear NE5 2QY3
£170K09/210.3 mi77, Silver Lonnen, Newcastle Upon Tyne, Tyne And Wear NE5 2HD3
£181K08/230.3 mi83, Silver Lonnen, Newcastle Upon Tyne, Tyne And Wear NE5 2HD3
£138K12/200.3 mi142, Silver Lonnen, Newcastle Upon Tyne, Tyne And Wear NE5 2HD3
£179.9K09/230.3 mi91, Silver Lonnen, Newcastle Upon Tyne, Tyne And Wear NE5 2HD3
£145K05/240.3 mi122, Silver Lonnen, Newcastle Upon Tyne, Tyne And Wear NE5 2HD3
£175K06/210.31 mi30, Netherby Drive, Newcastle Upon Tyne, Tyne And Wear NE5 2RS3
£135K07/210.31 mi59, Binswood Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3QA3
£135K09/230.32 mi184, Two Ball Lonnen, Fenham, Newcastle Upon Tyne, Tyne And Wear NE4 9SB3
£150K11/230.32 mi48, Binswood Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PP3
£142K08/240.32 mi58, Binswood Avenue, Newcastle Upon Tyne, Tyne And Wear NE5 3PP3
£158.5K02/240.33 mi8, Alnmouth Court, Newcastle Upon Tyne, Tyne And Wear NE5 3LG3
£115K12/210.33 mi20, Alnmouth Court, Newcastle Upon Tyne, Tyne And Wear NE5 3LG3













Local Area Statistics

Population in NE5

48,324

Population in Newcastle upon Tyne

381,037

Town centre distance

1.30 miles away

Nearest school

0.20 miles away

Nearest train station

1.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £115,000

November 13, 2024

Floor Plans

Description

  • Semi Detached House +
  • Three Bedrooms +
  • Off Street Parking +
  • Front and Rear Gardens +
  • Refurbishment Required +
  • No Onward Chain +
  • Cul-de-Sac Location +
  • Good Transport Links +

Jan Mitchell Properties are pleased to welcome to the market this ideal investment opportunity to acquire a spacious three bedroom semi-detached house, situated within Blakelaw, Newcastle with no onward chain. The property features amply sized living areas with scope to personalise to create the ideal home in this popular location.

The property briefly comprises:- Entrance hallway, lounge with a bay window, dining room that looks out to the rear garden, and kitchen with fitted wall and floor units and pantry cupboard. To the first floor of the property, there are three good sized bedrooms, two of which with built in wardrobes. To complete the first floor is the two piece bathroom with separate WC.

Externally, there is a gated driveway, with paved front garden. To the rear of the home, there is an easily maintainable patioed garden.

Location
The property is in a fantastic location for access to the A1, A69 and the A167 corridor. Local bus services also pass close by to provide a direct bus link to Newcastle City Centre. Morrisons and Aldi Supermarket is also close by.

Measurements
Lounge - 4.09 x 3.60
Dining Room - 3.74 x 3.24
Kitchen - 2.35 x 2.30
Bedroom One - 4.06 x 3.50
Bedroom Two - 3.41 x 3.18
Bedroom Three - 2.63 x 2.63

IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification of further information on any points please contact us direct.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser

Council Tax Band: A (Newcastle City Council)
Tenure: Freehold

Agent Details

Jan Mitchell Properties, Covering North East

0191 625 1034

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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