3 Bed Terraced House, Public Notice, Newcastle upon Tyne, NE4 8EF, £110,000

32 Sungold Villas, Beech Street, Benwell, Newcastle upon Tyne NE4 8EF. - 7 views - 4 months ago

BTL
ROI: 13%
108 m²
+9 photos

ValuationUndervalued

Sold Prices£55K - £240K
Sold Prices/m²£640/m² - £2.8K/m²

 

 

Square Metres

108 m²
Price/m²£1K/m²

Value Estimate

£135,000
BMV23%

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

£600 - £3,600

Rent Estimate

£900

Running Costs/mo

£544

Cashflow/mo

£356

Cashflow/yr

£4,272

ROI

13%

Gross Yield

10%

Local Sold Prices

49 sold prices from £55K to £240K, average is £133K. £640/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£135K03/240.07 mi19, Gill Street, Newcastle Upon Tyne, Tyne And Wear NE4 8BH3
£145K06/220.09 mi11, Coventry Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DX3
£137K06/230.11 mi27, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£126K09/210.11 mi101, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£129K02/230.11 mi89, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£175K02/230.11 mi32, Clovelly Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8SE3
£85K07/210.11 mi75, Fairholm Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AT3
£55K02/210.12 mi63, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£60K05/210.12 mi45, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£77K05/210.12 mi50, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£85K08/210.15 mi7, Dipton Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8DT3
£73K11/200.15 mi16, Ellesmere Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TS3
£161K06/230.17 mi31, Eastgate Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DR3
£171K10/230.17 mi29, Eastgate Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DR3
£210K07/220.17 mi21, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£127K02/240.17 mi46, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£159.9K09/230.17 mi42, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£155K06/210.17 mi13, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£120K05/210.19 mi1, Ilfracombe Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RU3
£167K03/210.22 mi7, Grainger Park Road, Newcastle Upon Tyne, Tyne And Wear NE4 8DP3
£240K01/240.23 mi18, Paignton Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RS3
£160K11/200.24 mi1, Ventnor Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RX3
£125K01/240.24 mi10, Ventnor Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RX3
£210K12/220.24 mi8, Ventnor Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RX3
£106K09/230.24 mi5, Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear NE4 8SL3
£120K03/240.24 mi17, Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear NE4 8SL3
£140K07/230.26 mi12, Normount Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8AR3
£130K07/240.26 mi7, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£108.5K02/210.26 mi9, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£108.5K02/210.26 mi9, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£150K03/210.26 mi4, Tiverton Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8SN3
£200K05/240.27 mi26, Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear NE4 8SP3
£155K02/240.27 mi18, Western Avenue, Grainger Park, Newcastle Upon Tyne, Tyne And Wear NE4 8SP3
£95K03/210.28 mi81, Canning Street, Newcastle Upon Tyne, Tyne And Wear NE4 8UH3
£133K02/230.28 mi120 - 122, Condercum Road, Newcastle Upon Tyne, Tyne And Wear NE4 9JE3
£149.5K09/220.29 mi38, Croftsway, Newcastle Upon Tyne, Tyne And Wear NE4 8DH3
£165K02/230.29 mi16, Croftsway, Newcastle Upon Tyne, Tyne And Wear NE4 8DH3
£150K03/230.29 mi6, Western Drive, Newcastle Upon Tyne, Tyne And Wear NE4 8SQ3
£110K01/210.3 mi207, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TP3
£75K11/210.3 mi204 - 206, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TP3
£155K08/230.31 mi18, Dunholme Road, Newcastle Upon Tyne, Tyne And Wear NE4 6XE3
£160K06/230.32 mi15, Keldane Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 9PS3
£125K07/230.33 mi208, Condercum Road, Newcastle Upon Tyne, Tyne And Wear NE4 9JD3
£180K08/230.37 mi6, Mcewan Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 6XL3
£112.3K11/200.38 mi27, Bishops Road, Newcastle Upon Tyne, Tyne And Wear NE15 6RY3
£100K03/230.39 mi17, Isabella Close, Newcastle Upon Tyne, Tyne And Wear NE4 8LU3
£230K10/220.39 mi66, Shipley Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9RA3
£126K01/210.43 mi23, Beadling Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 9HL3
£110K06/210.44 mi30, Benwell Grange Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6RP3

Local Rents

21 rents from £600/mo to £3.6K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£95003/250 mi-3
£65011/240.04 mi-3
£70012/240.04 mi-3
£85002/250.11 mi-3
£85002/250.11 mi-3
£1,30006/240.21 miEthel Street, Newcastle Upon Tyne, NE43
£1,30006/240.21 mi-3
£60006/240.26 miJoan Street, Benwell, Newcastle Upon Tyne3
£1,09505/240.29 mi-3
£1,19505/240.29 miCroftsway, Newcastle Upon Tyne, NE43
£3,60003/250.33 mi-3
£1,00006/240.38 mi-3
£1,00006/240.38 miNewcastle Upon Tyne, Newcastle Upon Tyne, NE43
£95006/240.4 miWest Road, Westerhope, Newcastle upon Tyne, NE43
£2,10005/240.41 mi-3
£1,15007/240.47 miMiddleton Avenue, Newcastle Upon Tyne3
£99506/240.48 miLynwood Terrace, Newcastle upon Tyne3
£90007/240.5 mi-3
£90006/240.5 miLynnwood Terrace, Newcastle Upon Tyne, NE43
£90006/240.56 miHartington Street, Newcastle upon Tyne3
£1,36512/240.56 miHartington Street, Newcastle Upon Tyne, NE43

Local Area Statistics

Population in NE4

37,915

Population in Newcastle upon Tyne

381,037

Town centre distance

2.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £110,000

November 25, 2024

Description

  • Mid terraced house +
  • No chain +
  • Master bedroom with en suite shower room +
  • Two further bedrooms +
  • Two reception rooms +
  • Ground floor WC +
  • Paved area to the rear +
  • Freehold +
  • Council Tax Band A +
  • EPC Rating C +

PUBLIC NOTICE

Rook Matthews Sayer are now in receipt of an offer for the sum of £121,000 for 32 Sungold Villas, Beech Street, Benwell, Newcastle upon Tyne NE4 8EF.  Anyone wishing to place an offer on this property should contact Rook Matthews Sayer, 380 West Road, Newcastle upon Tyne NE4 9RL - before exchange of contracts.

For sale with no chain is this mid terraced house located in Benwell. The accommodation to the ground floor briefly comprises of hallway, lounge, dining room, kitchen and WC. To the first floor is a landing, master bedroom with en suite shower room, two further bedrooms and bathroom.  Externally, there is a paved area to the rear.

The property benefits from double glazing where stated.

The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Council Tax Band:  A
EPC Rating:  C

PRIMARY SERVICES SUPPLY
Electricity:  Mains 
Water:  Mains  
Sewerage:  Mains  
Heating:  Gas 
Broadband:  Fibre  
Mobile Signal Coverage Blackspot:  No 
Parking:  On Street Parking  

MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

TENURE
It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.

Agent Details

Rook Matthews Sayer, Fenham

0191 625 0784

Next Steps?

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