2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 6NH, £120,000
Cooperative Terrace, Burnopfield, NE16 6NH - 3 months ago
Sold STC
BTL
ROI: 4%
~68 m²





+8 photos
ValuationOvervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £4,800 |
Total Cash In | £34,800 |
| |
Cash Out | |
Rent Range | £625 - £1,000 |
Rent Estimate | £625 |
Running Costs/mo | £520 |
Cashflow/mo | £105 |
Cashflow/yr | £1,260 |
ROI | 4% |
Gross Yield | 6% |
Local Rents
12 rents from £625/mo to £1K/mo, average is £685/mo.
Local Area Statistics
Population in NE16 | 25,637 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 7.47 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 4.11 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +33% |
Property History
Listed for £120,000
December 9, 2024
Sold for £42,000
1997
Floor Plans


Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
Auction
4 Bed House, Single Let, Newcastle upon Tyne, NE16 6NF
£280,000
8 months ago • 240 m²
4 Bed House, Single Let, Newcastle upon Tyne, NE16 6PQ
£369,995
4 months ago • 137 m²
2 Bed House, Single Let, Newcastle upon Tyne, NE16 6NW
£130,000
6 days ago • 68 m²
Sold STC
2 Bed House, Single Let, Newcastle upon Tyne, NE16 6NN
£145,000
4 months ago • 71 m²