3 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 4RF, £135,000

2 Broadpool Terrace, Newcastle Upon Tyne, Tyne And Wear, NE16 4RF - 4 months ago

BTL
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£117K - £510.1K
Sold Prices/m²£1.4K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£162,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£650 - £1,300

Rent Estimate

£716

Running Costs/mo

£585

Cashflow/mo

£131

Cashflow/yr

£1,572

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £117K to £510.1K, average is £233.5K. £1.4K/m² to £4.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£160K03/240 mi3, Broadpool Terrace, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RF3
£155.5K07/230.05 mi68, Broadpool Green, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RJ3
£125K03/210.06 mi11, Broadpool Green, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RH3
£125K12/210.08 mi6, Broom Green, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RQ3
£300K02/210.08 mi57, Broom Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4QU3
£117K11/210.08 mi25, Arthur Cook Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RW3
£125K04/210.08 mi29, Arthur Cook Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RW3
£130K07/210.08 mi20, Arthur Cook Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RW3
£158K11/230.08 mi27, Arthur Cook Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RW3
£255K03/210.08 mi45, Broom Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4QS3
£141K01/240.09 mi11, Southfield Terrace, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RE3
£293K02/230.09 mi7, Rokerby Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4QX3
£120K06/210.13 mi24, Southfield Green, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RL3
£180K11/200.14 mi1, Bucks Hill View, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RB3
£120K09/210.15 mi72, The Drive, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RR3
£125K05/210.17 mi87, The Drive, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4RP3
£429K08/210.19 mi4, Cornmoor Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PU3
£510.1K12/200.19 mi55, Cornmoor Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PU3
£260K12/220.24 mi5, Queens Drive, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PX3
£320K03/210.3 mi3, Duckpool Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4HB3
£320K11/210.3 mi55, Whaggs Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PQ3
£215K03/210.32 mi14, Ashfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PL3
£290K10/200.33 mi15, Buttermere Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4EX3
£301K10/210.36 mi12, Oakfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HG3
£273.5K06/230.36 mi23, Oakfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HG3
£222.5K03/210.36 mi25, Oakfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HG3
£300K06/230.36 mi4, Oakfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HG3
£227.5K12/200.36 mi6, Grasmere Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4EU3
£276.5K12/230.36 mi24, Grasmere Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4EU3
£127.5K11/200.38 mi6, Holme Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ND3
£350K06/210.39 mi113, Broom Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PT3
£244K11/230.4 mi9, Greystoke Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HP3
£220K06/210.41 mi1a, Greystoke Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HP3
£250K05/230.41 mi9, Cloverdale Gardens, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HT3
£217K07/210.42 mi12, Orchard Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4TF3
£256.7K04/210.42 mi17, Rose Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4NA3
£176K02/230.42 mi8, Rose Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4NA3
£237K07/240.42 mi41, Orchard Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4TG3
£175K09/230.43 mi7, Windermere Gardens, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ET3
£260K11/220.43 mi19, Windermere Gardens, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ET3
£293K03/240.43 mi6, Windermere Gardens, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ET3
£385K12/220.43 mi119, Whaggs Lane, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4PP3
£240K12/220.44 mi2, Bowness Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4EZ3
£217K04/230.44 mi33, Coniston Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ER3
£240K05/210.44 mi2, Coniston Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ER3
£230K03/210.44 mi8, Coniston Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4ER3
£252.5K01/210.45 mi44, Oakfield Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 5HN3
£188K11/200.45 mi7, Lambton Avenue, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4SZ3
£265K08/230.45 mi5, Orchard Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4TF3
£215K02/210.45 mi15, Orchard Road, Whickham, Newcastle Upon Tyne, Tyne And Wear NE16 4TF3

Local Rents

15 rents from £650/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£75005/240.06 miBroadpool Green, Whickham, Newcastle upon Tyne, Tyne and Wear, NE16 4RH3
£85007/240.16 mi-3
£85006/240.16 miThe Drive, Whickham, Newcastle Upon Tyne, NE163
£95006/240.37 mi-3
£1,00005/240.51 miOtterburn Gardens, Whickham, Newcastle upon Tyne, Tyne and Wear, NE163
£1,30006/240.61 mi-3
£85010/240.7 mi-3
£65007/240.93 mi-3
£77502/250.95 mi-3
£69506/240.99 miAxwell Terrace, Swalwell, NE163
£1,20005/241.05 miCarrsyde Close, Whickham, Newcastle Upon Tyne, NE163
£1,20009/231.08 mi-3
£1,20009/241.08 mi-3
£89506/241.16 mi-3
£99504/241.21 mi-3

Local Area Statistics

Population in NE16

25,637

Population in Newcastle upon Tyne

381,037

Town centre distance

4.67 miles away

Nearest school

0.20 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £135,000

November 28, 2024

Sold for £123,500

2006

Sold for £85,500

2003

Sold for £47,500

2000

Description

  • Three Bedrooms +

  • Requires Refurbishment +

  • 20' Dining Kitchen +

  • Rear Yard +

  • Council Tax Band A +

  • EPC Rating C +

Enjoying an open aspect outlook to the front is this WELL PRESENTED terraced home appealing to first time buyers, investors and families alike. The living space includes a spacious lounge, FITTED DINING KITCHEN, three bedrooms and a bathroom. Externally, a yard lies to the rear. Although in need of refurbishment, this presents the perfect chance to put your OWN STAMP on the property and tailor it to your tastes. The property is ideally situated for access to the shops and amenities Whickham Village has to offer as well as for access to transport routes and services.

Agent Details

Sarah Mains Residential Sales and Lettings, Whickham

0191 625 1022

Next Steps?

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