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3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE4 8SE, £180,000

Clovelly Avenue, Grainger Park, Newcastle Upon Tyne, NE4 8SE - 2 views - 2 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

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Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£600 - £3,600

Rent Estimate

£631

Running Costs/mo

£709

Cashflow/mo

£-78

Cashflow/yr

£-932

Gross Yield

4%

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Local Rents

35 rents from £600/mo to £3.6K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£65011/240.1 mi-3
£70012/240.1 mi-3
£95003/250.11 mi-3
£85002/250.13 mi-3
£85002/250.13 mi-3
£3,60003/250.22 mi-3
£1,09505/240.24 mi-3
£1,19505/240.24 miCroftsway, Newcastle Upon Tyne, NE43
£1,00006/240.29 mi-3
£1,00006/240.29 miNewcastle Upon Tyne, Newcastle Upon Tyne, NE43
£1,30006/240.33 miEthel Street, Newcastle Upon Tyne, NE43
£1,30006/240.33 mi-3
£95006/240.36 miWest Road, Westerhope, Newcastle upon Tyne, NE43
£60006/240.36 miJoan Street, Benwell, Newcastle Upon Tyne3
£99506/240.38 miLynwood Terrace, Newcastle upon Tyne3
£2,10005/240.39 mi-3
£90007/240.39 mi-3
£90006/240.39 miLynnwood Terrace, Newcastle Upon Tyne, NE43
£1,15007/240.4 miMiddleton Avenue, Newcastle Upon Tyne3
£90006/240.46 miHartington Street, Newcastle upon Tyne3
£1,36512/240.46 miHartington Street, Newcastle Upon Tyne, NE43
£91005/240.51 miGainsborough Grove, Newcastle Upon Tyne, NE43
£1,28712/240.51 miGainsborough Grove, Newcastle Upon Tyne, NE43
£84512/240.51 miGainsborough Grove,Arthurs Hill,Newcastle Upon Tyne,NE43
£1,28706/240.51 miGainsborough Grove,Arthurs Hill,Newcastle Upon Tyne,NE43
£1,20007/240.51 miGainsborough Grove, Fenham3
£95012/240.52 mi-3
£1,20006/240.56 mi-3
£97505/240.56 mi-3
£90005/240.57 mi-3
£1,15005/240.6 mi-3
£1,15006/240.6 mi-3
£89507/240.6 mi-3
£1,23505/240.61 miWingrove Avenue, Newcastle Upon Tyne, NE43
£1,43006/240.61 miWingrove Avenue, Newcastle Upon Tyne, NE43

Links

Local Area Statistics

Population in NE4

37,915

Population in Newcastle upon Tyne

381,037

Town centre distance

2.57 miles away

Nearest school

0.30 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £180,000

January 15, 2025

Description

  • Three Bedrooms +

  • Two Reception Rooms +

  • Fitted Kitchen +

  • Driveway & Garage +

  • Council Tax Band B +

  • EPC Rating D +

Offered for sale with NO ONWARD CHAIN, this WELL PRESENTED family home offers driveway parking, an ATTACHED GARAGE and enclosed rear garden. The living space includes two reception rooms, FITTED KITCHEN, three bedrooms and a bathroom. The property is ideally situated for access to local amenities and facilities as well as for access to transport routes and services. An ideal family home.

Agent Details

Sarah Mains Residential Sales and Lettings, Newcastle

0191 625 0816

Next Steps?

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

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