4 Bed Detached House, Single Let, Newcastle upon Tyne, NE12 9RF, £325,000

Mead Court, Forest Hall, Newcastle upon Tyne, NE12 9RF - 1 views - 2 months ago

Sold STC
Leasehold
BTL
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£143K - £630K
Sold Prices/m²£1.1K/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.5K/m²

Value Estimate

£336,720
BMV1%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£15,500

Total Cash In

£96,750

 

 

Cash Out

 

Rent Range

£675 - £5,400

Rent Estimate

£1,108

Running Costs/mo

£1,257

Cashflow/mo

£-149

Cashflow/yr

£-1,791

Gross Yield

4%

Local Sold Prices

48 sold prices from £143K to £630K, average is £305K. £1.1K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£215K11/200.04 mi4, Meadway Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9RQ4
£265K03/230.07 mi41, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE4
£143K07/240.14 mi10, Otterburn Close, Newcastle Upon Tyne, Tyne And Wear NE12 9QY4
£450K11/230.15 mi16, Ashcroft Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9LN4
£275K11/220.25 mi9, Dovecote Road, Newcastle Upon Tyne, Tyne And Wear NE12 9LL4
£340K10/230.27 mi28, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LB4
£275K10/200.32 mi18, Studley Villas, Newcastle Upon Tyne, Tyne And Wear NE12 9LP4
£245K07/210.34 miJelka, North Croft, Newcastle Upon Tyne, Tyne And Wear NE12 9JY4
£315K09/230.34 mi8, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LA4
£630K03/230.36 mi2, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JN4
£315K07/230.37 mi10, Westcroft Road, Newcastle Upon Tyne, Tyne And Wear NE12 9JT4
£280K12/200.39 mi7, Balroy Court, Newcastle Upon Tyne, Tyne And Wear NE12 9AW4
£149K03/210.42 mi2, Clarabad Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 9HJ4
£305K07/230.43 mi11, Earlington Court, Newcastle Upon Tyne, Tyne And Wear NE12 9DX4
£247K12/220.44 mi40, Forest Hall Road, Newcastle Upon Tyne, Tyne And Wear NE12 9AL4
£335K07/230.49 mi36, Palmers Green, Newcastle Upon Tyne, Tyne And Wear NE12 9HF4
£340K03/210.49 mi18, Palmers Green, Newcastle Upon Tyne, Tyne And Wear NE12 9HF4
£250K10/230.52 mi48, Woodlands Grange, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DF4
£350K01/230.53 mi51, Forest Hall Road, Newcastle Upon Tyne, Tyne And Wear NE12 7AY4
£402K11/220.53 mi12, Midhurst Road, Newcastle Upon Tyne, Tyne And Wear NE12 9NU4
£305K06/210.54 mi1, Woodlands Grange, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DG4
£389.9K08/210.56 mi2, Hastings Avenue, Longbenton, Newcastle Upon Tyne, Tyne And Wear NE12 9NX4
£305K11/230.59 mi19, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EF4
£488K06/240.59 mi3, Glebe Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9NS4
£242.5K07/230.59 mi1, Briarsyde, Newcastle Upon Tyne, Tyne And Wear NE12 9SL4
£270K07/210.6 mi7, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EF4
£335K08/230.61 mi205, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EN4
£242K11/200.61 mi157, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EN4
£310K12/200.61 mi210, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EN4
£430K12/230.61 mi6, Queens Gardens, Newcastle Upon Tyne, Tyne And Wear NE12 9PL4
£368K10/220.61 mi156, Forest Gate, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9EN4
£260K10/200.64 mi9, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£410K09/220.64 mi42, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£312K10/220.64 mi26, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£335K10/220.64 mi15, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£520K12/200.65 mi3, The Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9PE4
£525K07/230.65 mi12, The Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9PE4
£612.5K04/230.66 mi2, Grange Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9PN4
£185K12/200.67 mi3, Cambridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AR4
£240K12/220.68 mi16, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£218K12/200.68 mi3, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£280K04/210.68 mi65, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£231K09/210.69 mi15, Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 7JP4
£270K11/230.69 mi22, Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 7JP4
£500K07/230.7 mi3, West Avenue, Benton, Newcastle Upon Tyne, Tyne And Wear NE12 9PA4
£280K12/220.71 mi2, Whitley Road, Benton, Newcastle Upon Tyne, Tyne And Wear NE12 8BP4
£170K10/230.73 mi2, Weardale Avenue, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 7HX4
£204K05/210.78 mi11, Sutton Court, Wallsend, Tyne And Wear NE28 9TW4

Local Rents

17 rents from £675/mo to £5.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£5,40007/240.23 mi-6
£97506/240.42 miGreat Lime Road, Newcastle Upon Tyne3
£1,30006/240.42 miReme Court, Killingworth, Newcastle, NE123
£1,20007/240.45 miRidge Way, Wallsend3
£1,25005/240.48 miMoor Edge Drive, Wallsend, Tyne and Wear, NE283
£1,35007/240.54 miWhitfield Road, Newcastle Upon Tyne3
£2,00010/230.54 mi-5
£2,00011/230.54 mi-5
£2,00011/230.54 mi-5
£2,00008/240.54 mi-5
£1,90002/250.54 mi-5
£1,15006/240.55 miWoodlands Grange, Forest Hall, Newcastle upon Tyne, Tyne and Wear, NE123
£1,50006/240.55 miForest Gate, ., Newcastle upon Tyne, Tyne and Wear, NE12 9EN4
£1,37508/240.56 mi-3
£67503/250.57 mi-3
£98011/230.58 mi-3
£1,50012/240.59 miMiller Close, Palmersville, Newcastle Upon Tyne3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

4.30 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 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 £325,000

February 16, 2025

Listed for £335,000

January 17, 2025

Floor Plans

Description

  • Detached House +
  • Large Private Garden +
  • 4 Bedrooms +
  • Garage +
  • Desirable Location +
  • Close to Local Amenities +
  • No Onward Chain +
  • Three Car Driveway +

Upon entering, you’re welcomed by a warm and inviting layout. To the right, the dining room provides a flexible space that can easily adapt to your lifestyle needs. On the left, the generous living area offers a comfortable retreat, featuring double doors that open onto the garden and flood the room with natural light. At the heart of the home is the spacious kitchen, equipped with ample countertop space, integrated appliances (including a double oven, dishwasher, and washer/dryer), and plenty of room for a dining table if desired. This functional space also boasts double doors leading to the garden, perfect for entertaining. Additionally, there is a conveniently located downstairs WC. Upstairs, the master bedroom impresses with its size, built-in wardrobes, and en-suite bathroom. Large windows allow for an abundance of natural light, creating a bright and airy atmosphere. Bedrooms two and three are equally spacious, easily accommodating double beds and offering versatility in layout. The fourth bedroom, slightly smaller in size, still provides ample space and can serve as a home office or single bedroom. The rear and side garden is a standout feature of this home, with a large patio ideal for outdoor dining and summer gatherings. The garden also includes a greenhouse and a small shed, adding practicality to its charm. While the property is adjacent to the metro line, its layout and greenery ensure a private outdoor retreat. This home also benefits from solar hot water, which is an energy-efficient and attractive feature for environmentally conscious buyers. A private driveway with space for three cars and a single garage provides ample parking and storage. This charming home perfectly combines comfort, practicality, and style, all while remaining close to local amenities, transport links, and the metro line for added convenience. For more information or to arrange a viewing, please contact our Benton office at . Leasehold Council Tax Band - D - £2292.04 EPC Rating - TBC We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Tenure: Leasehold,

Agent Details

Northwood, Benton

0191 266 4455

Next Steps?

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