3 Bed Flat, Single Let, Newcastle upon Tyne, NE4 8QA, £60,000
Ethel Street, Benwell, Newcastle Upon Tyne, NE4 8QA - 2 views - 2 months ago
Sold STC
Leasehold
BTL
ROI: 23%
~93 m²





+3 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £15,000 |
Stamp Duty & Legal Fees | £3,000 |
Total Cash In | £18,000 |
| |
Cash Out | |
Rent Range | £600 - £3,600 |
Rent Estimate | £694 |
Running Costs/mo | £346 |
Cashflow/mo | £348 |
Cashflow/yr | £4,172 |
ROI | 23% |
Gross Yield | 14% |
Local Rents
18 rents from £600/mo to £3.6K/mo, average is £1K/mo.
Local Area Statistics
Population in NE4 | 37,915 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 2.67 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.79 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +21% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £60,000
January 7, 2025
Floor Plans

Description
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