2 Bed Bungalow, Single Let, Newcastle upon Tyne, NE12 6FU, £180,000

Cranham Close, Newcastle Upon Tyne, NE12 6FU - 3 months ago

Sold STC
Auction
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£80K - £278.4K
Sold Prices/m²£1.2K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£149,583

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£550 - £1,900

Rent Estimate

£600

Running Costs/mo

£703

Cashflow/mo

£-102

Cashflow/yr

£-1,230

Gross Yield

4%

Local Sold Prices

50 sold prices from £80K to £278.4K, average is £140K. £1.2K/m² to £4.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£112.5K06/210.06 mi17, Cragside Gardens, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GJ2
£80K01/230.14 mi52, Garth Twentyfour, Newcastle Upon Tyne, Tyne And Wear NE12 6HL2
£134K05/210.15 mi48, Garth Twentyfour, Newcastle Upon Tyne, Tyne And Wear NE12 6HL2
£115K09/210.15 mi65, Garth Twentyfour, Newcastle Upon Tyne, Tyne And Wear NE12 6HP2
£125K11/220.21 mi60, Garth Twentyseven, Newcastle Upon Tyne, Tyne And Wear NE12 6AG2
£124K05/210.22 mi140, Garth Twentyseven, Newcastle Upon Tyne, Tyne And Wear NE12 6AW2
£205K09/210.22 mi23, Megstone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6SY2
£278.4K01/240.24 mi2, Crumstone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6SZ2
£149.9K07/230.25 mi207, Garth Twentyfour, Newcastle Upon Tyne, Tyne And Wear NE12 6DH2
£210K08/210.26 mi107, Harwood Drive, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6FQ2
£126.5K02/230.33 mi60, Garth Twentytwo, Newcastle Upon Tyne, Tyne And Wear NE12 6LG2
£105K07/210.34 mi7, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£110K07/210.34 mi2, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£117K08/210.34 mi42, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£147K08/240.34 mi3, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£140K08/240.34 mi41, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£120K08/210.34 mi41, Amberley Chase, Newcastle Upon Tyne, Tyne And Wear NE12 6SB2
£160K03/210.35 mi11, Knivestone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6ST2
£165K07/230.35 mi12, Knivestone Court, Newcastle Upon Tyne, Tyne And Wear NE12 6ST2
£260K01/210.36 mi10, Hazelwood, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6FF2
£113.5K11/230.41 mi55, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HG2
£120K12/230.41 mi52, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HG2
£145K01/210.41 mi18, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HF2
£114K01/210.41 mi64, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HG2
£108K06/210.44 mi106, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HH2
£135K09/230.44 mi101, The Paddock, Newcastle Upon Tyne, Tyne And Wear NE12 6HH2
£158K07/210.55 mi1, Sedgedale Cottages, Killingworth Village, Newcastle Upon Tyne, Tyne And Wear NE12 6BL2
£131K02/240.56 mi71, Killingworth Avenue, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0AY2
£196K07/210.61 mi4, Callerton, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BE2
£226K12/230.69 mi14, Longhirst, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BG2
£142K03/240.69 mi41, Mount Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GE2
£112K02/210.75 mi109, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BA2
£150K02/230.77 mi2, Broomlee Road, Newcastle Upon Tyne, Tyne And Wear NE12 6YJ2
£118K01/230.78 mi19, West Mount, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6FR2
£140K07/230.79 mi176, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BD2
£120K04/210.79 mi218, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BD2
£145K12/200.8 mi68, Woodlands Grange, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DF2
£134.9K12/210.8 mi100, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£138K11/230.8 mi108, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£138K05/230.8 mi104, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£115K11/200.8 mi132, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£155K01/240.8 mi136, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£159.9K08/230.8 mi72, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BB2
£270K05/230.81 mi3, Palmers Green, Newcastle Upon Tyne, Tyne And Wear NE12 9HF2
£140K11/220.83 mi2, Stagshaw, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BN2
£260K11/200.87 mi7, Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7AP2
£147.5K10/200.87 mi13, Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7AP2
£190K11/230.87 mi13, Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7AP2
£197K02/210.87 mi7a, Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7AP2
£170K09/230.87 mi5, Leybourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7AP2

Local Rents

22 rents from £550/mo to £1.9K/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£79507/240.51 mi-2
£79507/240.51 miGarth Sixteen, Killingworth, Newcastle Upon Tyne, NE122
£65011/230.51 mi-2
£65009/240.51 mi-2
£94911/240.68 mi-2
£69512/240.74 mi-2
£70005/240.75 mi-2
£80007/240.76 miGreenhills, Killingworth, Newcastle Upon Tyne, NE122
£1,90005/240.79 mi-2
£1,80008/240.79 mi-2
£1,80001/250.79 mi-2
£1,75003/250.79 mi-2
£69505/240.93 miBamford Terrace, Newcastle Upon Tyne, NE122
£69503/240.93 mi-2
£72505/240.93 miCrossley Terrace, Palmersville2
£77507/240.93 miCrossley Terrace, Palmersville2
£75001/251.02 mi-2
£55007/231.06 mi-2
£72501/241.12 mi-2
£60006/241.2 miDevonshire Drive, Holystone2
£65012/241.21 miBoston Court, Palmersville, 2
£85005/241.23 miWhitfield Road, Newcastle Upon Tyne2

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

4.71 miles away

Nearest school

0.40 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Price changed to £180,000

February 24, 2025

Listed for £230,000

December 13, 2024

Description

  • Semi detached bungalow +
  • Two bedrooms +
  • Off street parking +
  • Garage +
  • EPC: TBC +
  • Council Tax Band: B +
  • Tenure: Freehold +

For Sale by Auction: Thursday 27th February 2025, Option 2, Terms and Conditions apply.

Welcome to this delightful semi-detached bungalow. The property is in great condition, waiting for you to add your personal touch and make it your own. It's a warm and welcoming home that's ready to offer comfort and convenience.

The layout of this charming bungalow features a spacious reception room. This is a perfect space for entertaining guests or simply curling up with a good book.

The property also comes with a well-maintained kitchen. Whether you're a master chef or a microwave maestro, this kitchen will meet your culinary needs. The ample counter space and storage options make meal preps a delight.

This home boasts two cosy bedrooms, offering a peaceful retreat after a long day. The property also has a well-appointed bathroom that caters to your essential needs.

The bungalow is set in a location that has everything you might need. With excellent public transport links and nearby schools, it's an ideal place for families. Local amenities are within easy reach, making your daily errands a breeze. Plus, the nearby parks offer a breath of fresh air, right at your doorstep.

To top it all off, the property features a lovely enclosed garden.. It also comes with a single garage, providing additional storage or parking space.

This property is situated within council tax band B, offering a cost-effective solution for homeowners.

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.  

Joint Agents: The Agents Property Auction Ltd.  

Terms and conditions apply see website Property Auction . Com

Agent Details

Rook Matthews Sayer, Forest Hall

0191 743 9300

Next Steps?

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