2 Bed Flat, Single Let, Newcastle upon Tyne, NE6 3NP, £50,000

Kingsmere Gardens, Walker, NE6 3NP - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 22%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£36K - £129K
Sold Prices/m²£617/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£62,500
BMV25%

Cashflows











Local Sold Prices

51 sold prices from £36K to £129K, average is £74K. £617/m² to £3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£36K12/200.01 mi51, Kingsmere Gardens, Newcastle Upon Tyne, Tyne And Wear NE6 3NP2
£53K05/210.01 mi11, Kingsmere Gardens, Newcastle Upon Tyne, Tyne And Wear NE6 3NP2
£53K05/210.01 mi30, Kingsmere Gardens, Newcastle Upon Tyne, Tyne And Wear NE6 3NP2
£78K05/240.49 mi717, Welbeck Road, Newcastle Upon Tyne, Tyne And Wear NE6 4JN2
£60.5K01/230.5 mi733, Welbeck Road, Newcastle Upon Tyne, Tyne And Wear NE6 4JN2
£90K07/230.62 mi88, Eastbourne Gardens, Newcastle Upon Tyne, Tyne And Wear NE6 4DU2
£76K08/230.62 mi87, Eastbourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4DT2
£75.5K03/240.62 mi54, Eastbourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4DT2
£69K03/210.64 mi69, Weardale Avenue, Walker, Newcastle Upon Tyne, Tyne And Wear NE6 4LE2
£92K09/230.64 mi39, Weardale Avenue, Walker, Newcastle Upon Tyne, Tyne And Wear NE6 4LE2
£50K03/210.72 mi34, Emily Street, Newcastle Upon Tyne, Tyne And Wear NE6 2QY2
£77K11/220.74 mi119, Westbourne Avenue, Walkergate, Newcastle Upon Tyne, Tyne And Wear NE6 4HP2
£75K12/230.75 mi8, Marondale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4HJ2
£73K12/220.78 mi79, Eastbourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4DT2
£70K03/240.78 mi18, Borrowdale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4HL2
£36K02/210.79 mi327, Benson Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SH2
£41.8K05/210.79 mi365, Benson Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SH2
£77K02/210.79 mi14, The Oval, Walker, Newcastle Upon Tyne, Tyne And Wear NE6 3LH2
£55.2K11/230.8 mi5, Cullercoats Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JA2
£60K06/210.8 mi54, Kentmere Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4HE2
£91.8K09/220.83 mi17, Wood Terrace, Gateshead, Tyne And Wear NE10 0UD2
£85K06/210.83 mi15, Wood Terrace, Gateshead, Tyne And Wear NE10 0UD2
£58K08/230.84 mi5, Relton Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 2TH2
£76K03/210.85 mi12, Hainingwood Terrace, Gateshead, Tyne And Wear NE10 0UE2
£60K05/230.85 mi47, Chatsworth Gardens, St Anthonys, Newcastle Upon Tyne, Tyne And Wear NE6 2TN2
£54.5K06/230.85 mi149, Allendale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SY2
£55K09/210.87 mi103, Allendale Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SX2
£45K11/220.87 mi299, Benson Road, Newcastle Upon Tyne, Tyne And Wear NE6 2SE2
£74K08/210.87 mi17, Station Road, Bill Quay, Gateshead, Tyne And Wear NE10 0UH2
£70K10/220.87 mi9, Station Road, Bill Quay, Gateshead, Tyne And Wear NE10 0UH2
£85K12/200.88 mi35, Brack Terrace, Gateshead, Tyne And Wear NE10 0TT2
£85K12/200.88 mi25, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£87.5K04/210.88 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£83K10/210.88 mi32, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£79K01/230.88 mi29, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£100K04/230.88 mi46, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.88 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£80K03/240.88 mi47, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£85K07/220.88 mi33, St Michaels Vale, Hebburn, Tyne And Wear NE31 1RL2
£50K03/210.89 mi221, Scarborough Road, Newcastle Upon Tyne, Tyne And Wear NE6 2RX2
£80K03/210.91 mi21, Gosforth Terrace, Gateshead, Tyne And Wear NE10 0RA2
£53K07/230.91 mi8, Gosforth Terrace, Gateshead, Tyne And Wear NE10 0RA2
£87K10/230.93 mi6, Keebledale Avenue, Newcastle Upon Tyne, Tyne And Wear NE6 4HS2
£90K11/220.93 mi19, Wyedale Way, Newcastle Upon Tyne, Tyne And Wear NE6 4UA2
£129K03/230.95 mi38, The Ropery, Newcastle Upon Tyne, Tyne And Wear NE6 1TY2
£40K12/200.95 mi332, Grace Street, Newcastle Upon Tyne, Tyne And Wear NE6 2RP2
£110K11/220.95 mi24, Woodgate Lane, Gateshead, Tyne And Wear NE10 0TD2
£40.8K01/210.97 mi3, Dunmorlie Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JL2
£57.5K01/230.97 mi2a, Dunmorlie Street, Newcastle Upon Tyne, Tyne And Wear NE6 2JL2
£65K12/230.98 mi249, Ayton Street, Newcastle Upon Tyne, Tyne And Wear NE6 2DD2
£72K05/240.98 mi18, Victoria Street, Hebburn, Tyne And Wear NE31 1DY2













Local Area Statistics

Population in NE6

50,441

Population in Newcastle upon Tyne

381,037

Town centre distance

5.24 miles away

Nearest school

0.20 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £50,000

January 15, 2025

Description

  • Two Bedrooms +

  • First Floor Apartment +

  • Fitted Kitchen +

  • Resident Parking +

  • Council Tax Band A +

  • EPC Rating C +

WELL PRESENTED first floor apartment appealing to first time buyers, investors and those simply seeking to down-size. The living space includes a lounge with bay window, FITTED KITCHEN, two bedrooms and a bathroom. Externally, parking for residents is available within the development. The property is ideally situated for access to local amenities and facilities as well as for access to transport routes and services.

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 💪