2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE16 6AZ, £60,000





ValuationUndervalued
Sold Prices | £55K - £161K |
Sold Prices/m² | £516/m² - £2.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £881/m² |
Value Estimate | £74,400£74,400 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £15,000£15,000 |
Stamp Duty & Legal Fees | £3,000£3,000 |
Total Cash In | £18,000£18,000 |
| |
Cash Out | |
Rent Range | £625 - £750£625 - £750 |
Rent Estimate | £625 |
Running Costs/mo | £333£333 |
Cashflow/mo | £293£293 |
Cashflow/yr | £3,510£3,510 |
ROI | 20%20% |
Gross Yield | 13%13% |
Local Sold Prices
39 sold prices from £55K to £161K, average is £95K. £516/m² to £2.5K/m², average is £1.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£145K | 12/22 | 0.24 mi | 2, Cavendish Place, Hobson, Newcastle Upon Tyne, County Durham NE16 6EN | £1,992 | 73 | 2 | Semi-Detached House | |
£161K | 12/23 | 0.24 mi | 14, Cavendish Place, Hobson, Newcastle Upon Tyne, County Durham NE16 6EN | £2,516 | 64 | 2 | Semi-Detached House | |
£95K | 07/21 | 0.27 mi | 48, Front Street, Hobson, Newcastle Upon Tyne, Durham NE16 6EF | £1,080 | 88 | 2 | Terraced House | |
£74K | 12/20 | 0.29 mi | 4, Cawthorne Terrace, Hobson, Newcastle Upon Tyne, County Durham NE16 6EJ | £1,088 | 68 | 2 | Terraced House | |
£125.5K | 10/23 | 0.37 mi | 36, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE | - | - | 2 | Terraced House | |
£115K | 10/22 | 0.38 mi | 38, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE | £1,456 | 79 | 2 | Terraced House | |
£129.7K | 02/23 | 0.51 mi | 12, Fern Terrace, Tantobie, Stanley, County Durham DH9 9SQ | £2,358 | 55 | 2 | Semi-Detached House | |
£110K | 01/23 | 0.57 mi | 6, Oak Terrace, Tantobie, Stanley, County Durham DH9 9QY | £1,358 | 81 | 2 | Terraced House | |
£80K | 09/21 | 0.58 mi | 12, Ash Terrace, Tantobie, Stanley, County Durham DH9 9PJ | £1,026 | 78 | 2 | Terraced House | |
£110K | 04/23 | 0.59 mi | 8, Liberty Terrace, Tantobie, Stanley, County Durham DH9 9TB | - | - | 2 | Terraced House | |
£94K | 01/23 | 0.59 mi | 9, Liberty Terrace, Tantobie, Stanley, County Durham DH9 9TB | £913 | 103 | 2 | Terraced House | |
£95K | 06/23 | 0.61 mi | 7, Unity Terrace, Tantobie, Stanley, County Durham DH9 9TD | £1,218 | 78 | 2 | Terraced House | |
£55K | 03/23 | 0.63 mi | 10, Federation Terrace, Tantobie, Stanley, County Durham DH9 9TW | - | - | 2 | Terraced House | |
£95K | 04/21 | 0.66 mi | 4, Sawmill Cottages, Dipton, Stanley, County Durham DH9 9JT | £1,338 | 71 | 2 | Terraced House | |
£79K | 10/21 | 0.67 mi | 6, South View, Tantobie, Stanley, Durham DH9 9TH | - | - | 2 | Terraced House | |
£64.5K | 01/21 | 0.67 mi | 5, South View, Tantobie, Stanley, County Durham DH9 9TH | £516 | 125 | 2 | Terraced House | |
£107.5K | 05/21 | 0.7 mi | 3, Ewehurst Crescent, Dipton, Stanley, County Durham DH9 9JA | - | - | 2 | Semi-Detached House | |
£95K | 03/24 | 0.72 mi | 8, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ | - | - | 2 | Terraced House | |
£100K | 10/22 | 0.72 mi | 3, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ | £1,449 | 69 | 2 | Terraced House | |
£90K | 12/21 | 0.8 mi | 2, Albion Gardens, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JR | £1,200 | 75 | 2 | Terraced House | |
£130K | 06/21 | 0.81 mi | 30, Plunkett Road, Dipton, Stanley, County Durham DH9 9BJ | £1,585 | 82 | 2 | Semi-Detached House | |
£82K | 12/20 | 0.84 mi | 16, Meadow View, Dipton, Stanley, Durham DH9 9LN | £1,139 | 72 | 2 | Terraced House | |
£83K | 11/20 | 0.89 mi | 4, Lily Gardens, Dipton, Stanley, County Durham DH9 9BQ | £1,051 | 79 | 2 | Terraced House | |
£110K | 09/21 | 0.9 mi | 11, Crathorne Court, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DA | £1,864 | 59 | 2 | Semi-Detached House | |
£140K | 04/21 | 0.91 mi | 14, Brackenridge, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6LH | £2,414 | 58 | 2 | Semi-Detached House | |
£86K | 02/23 | 0.91 mi | 5, Crathorne Court, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DA | £1,387 | 62 | 2 | Terraced House | |
£125K | 08/24 | 0.92 mi | 12, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB | - | - | 2 | Terraced House | |
£70K | 05/21 | 0.92 mi | 2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB | £1,014 | 69 | 2 | Terraced House | |
£70K | 05/21 | 0.92 mi | 2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB | £1,014 | 69 | 2 | Terraced House | |
£82K | 03/23 | 0.93 mi | 8, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA | £1,155 | 71 | 2 | Terraced House | |
£80K | 08/23 | 0.93 mi | 18, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA | £1,231 | 65 | 2 | Terraced House | |
£90K | 11/22 | 0.94 mi | 7, Laurel Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HY | £1,374 | 66 | 2 | Terraced House | |
£72K | 10/20 | 0.95 mi | 4, Poplar Avenue, Burnopfield, Newcastle Upon Tyne, Durham NE16 6HZ | £1,075 | 67 | 2 | Terraced House | |
£65K | 04/21 | 0.95 mi | 16, Poplar Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HZ | £903 | 72 | 2 | Terraced House | |
£70K | 07/21 | 0.95 mi | 12, Magnolia Grove, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QN | £1,148 | 61 | 2 | Semi-Detached House | |
£106K | 10/23 | 0.96 mi | 12, Cedar Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HU | £1,582 | 67 | 2 | Terraced House | |
£81.5K | 03/21 | 0.98 mi | 48, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, Durham NE16 6QF | £1,336 | 61 | 2 | Semi-Detached House | |
£112.5K | 06/23 | 0.98 mi | 18, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF | £1,758 | 64 | 2 | Semi-Detached House | |
£97K | 03/23 | 0.98 mi | 24, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF | - | - | 2 | Semi-Detached House |
Local Rents
10 rents from £625/mo to £750/mo, average is £663/mo.
Rent | Date | Distance | Address | Beds | Type | |
£750 | 02/25 | 0.78 mi | - | 2 | Terraced House | |
£625 | 12/23 | 0.84 mi | - | 2 | Semi-Detached House | |
£650 | 05/24 | 0.9 mi | Birch Mews, Burnopfield, Newcastle upon Tyne, Durham, NE16 6LL | 2 | Flat | |
£695 | 06/24 | 0.92 mi | Garesfield Gardens, Burnopfield | 2 | Semi-Detached House | |
£625 | 10/23 | 0.93 mi | - | 2 | Terraced House | |
£750 | 07/24 | 0.94 mi | Briardene, Burnopfield | 2 | Terraced House | |
£750 | 09/24 | 0.95 mi | - | 2 | Terraced House | |
£650 | 11/23 | 0.96 mi | - | 2 | Semi-Detached House | |
£675 | 05/24 | 0.96 mi | - | 2 | Semi-Detached House | |
£625 | 05/24 | 1 mi | Syke Road, Burnopfield, Newcastle upon Tyne, Durham, NE16 6HD | 2 | Flat |
Local Area Statistics
Population in NE16 | 25,63725,637 |
Population in Newcastle upon Tyne | 381,037381,037 |
Town centre distance | 8.63 miles away8.63 miles away |
Nearest school | 1 miles away1 miles away |
Nearest train station | 5.46 miles away5.46 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | -3%-3% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +33%+33% |
Property History
Listed for £60,000
January 22, 2025
Floor Plans

Description
Guide Price £60,000+
Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 30th January 2025 this quaint stone built two bedroom end of terrace, in a semi-rural location, on the outskirts of Burnopfield.
The ground floor briefly comprises entrance vestibule, lounge, kitchen. To first floor is a small central landing leading to two double bedrooms and a white family bathroom W.C. Externally is an attached shed with wood burner and kennels. Off street parking is provided to the side of the accommodation.
The accommodation does require some internal updating which is reflected in the very competitive Guide Price. We expect a lot of interest in this property and a viewing is considered essential to truly appreciate. Viewings by appointment only.
EPC rating D.
For more information, please contact Moovd directly.
Vestibule - Accessed via a wooden door, staircase to first floor and single radiator.
Lounge - 4.52m x 3.97m (14'9" x 13'0") - Window to front aspect, built in storage cupboard under stairs and double radiator.
Kitchen - 4.48m x 1.67m (14'8" x 5'5") - Fitted with a range of base units contrasting work surfaces, 1 stainless steel sink with drainer unit and mixer tap over, window to rear and side aspects, wall mounted boiler, electric cooker point, plumbed for washing machine and double radiator.
Shed - 4.97m x 4.52m (16'3" x 14'9") - Wood burner, lighting and UPVc double glazed French patio doors to rear yard,
Landing - Loft access.
Bedroom 1 - 3.95m x 3.44m (12'11" x 11'3") - Built in storage, window to front aspect and double radiator.
Bedroom 2 - 3.08m x 2.83m (10'1" x 9'3") - Window to rear aspect and double radiator.
Bathroom - A white suite comprising: panelled bath with electric shower over, low level W.C, pedestal hand basin, splash back tiling, chrome ladder towel rail, and window to rear aspect.
External - To the side of the property are double gates with gravelled hard standing off street parking. Large shed with rear kennels and stunning views to the rear over local countryside.
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
Guide Price:
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time during the timed Auction.
Prospective purchasers should also be aware that the eventual Sale Price may be above or below the Guide Price and should therefore not presume the Guide to be indicative of the final expected Sale Price or the price the property is available at.
Reserve Price:
The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction). The Reserve Price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price.
N.B. The Reserve Price may be either below or above the quoted Guide Price.
Anti Money Laundering Regulations
It is Moovd’s policy that ALL BUYERS ARE WITHOUT FAIL AML CHECKED at point of offer via signing our Bidder Registration Form.
All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale. In addition, we may also ask for proof of funding, where required.
Legal Pack:
Each property has a valid Legal Pack, which is a set of documentation prepared by the seller's solicitor relating to the property being offered for sale. The legal documentation enables all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. We recommend you seek the counsel of a solicitor prior to proceeding with any property purchase.
The Legal Pack is available to download via the property details on our website. Moovd take no responsibility in the accuracy of the documents contained within the Legal Pack.
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