2 Bed Flat, Single Let, Newcastle upon Tyne, NE27 0DS, £140,000

Dukesfield, Shiremoor, Newcastle Upon Tyne, NE27 0DS - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£46K - £174K
Sold Prices/m²£920/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£124,453

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£525 - £1,000

Rent Estimate

£699

Running Costs/mo

£597

Cashflow/mo

£102

Cashflow/yr

£1,220

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £46K to £174K, average is £110.3K. £920/m² to £4.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£129.9K10/230.04 mi115, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DS2
£121K01/230.05 mi20, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£120K02/230.06 mi10, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£120K06/230.06 mi14, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£125K08/220.06 mi33, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£113K04/220.06 mi135, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DS2
£120K02/230.06 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£109K03/210.06 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£122.5K03/230.06 mi25, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£46K10/200.11 mi12b, Ann Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QR2
£116.5K11/230.14 mi27, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£130K01/210.14 mi21, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£155K06/230.17 mi74, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£108.5K03/210.17 mi18, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£128K02/240.17 mi14, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£96.5K12/220.18 mi9, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£97K11/220.18 mi22, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£82K11/200.19 mi24, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£85K04/210.19 mi2, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£93K09/220.19 mi19, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£93K11/230.19 mi24, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£85.5K02/230.19 mi20, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£130K04/230.27 mi30, Trevelyan Close, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FJ2
£86K08/220.29 mi4, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£83.5K10/210.29 mi1, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£75K07/230.29 mi13, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£112K03/230.31 mi16, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£90K09/220.32 mi2, Cooperative Terrace, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RW2
£102.5K06/220.43 mi12, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£85K04/210.43 mi20, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£108K06/220.43 mi14, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£98.5K05/220.45 mi22, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£90K09/210.51 mi57, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£85K10/200.51 mi78, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£102.5K09/230.51 mi64, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£112K03/230.51 mi80, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£106K11/210.54 mi66, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£122K07/220.54 mi78, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£92.3K06/220.6 mi58, Brookfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BJ2
£115K07/230.61 mi64, Brookfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BJ2
£119.5K03/230.62 mi28, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£111.5K07/220.62 mi22, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£112K05/220.62 mi24, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£113K09/220.62 mi31, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£109K07/230.62 mi33, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£109K04/220.63 mi17, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£118.8K12/220.63 mi16, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2
£174K02/210.63 mi22a, Front Street, Earsdon, Whitley Bay, Tyne And Wear NE25 9LA2
£143K04/230.63 mi32, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2
£140K02/230.63 mi36, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2

Local Rents

17 rents from £525/mo to £1K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£79507/240.01 miDukesfield, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE272
£73505/240.01 miDukesfield, Earsdon View2
£77508/240.03 mi-2
£77510/240.08 mi-2
£52504/230.11 mi-2
£72009/230.12 mi-2
£87504/250.22 mi-2
£72505/240.24 miDukesfield, Earsdon View2
£80005/240.25 miTrevelyan Close, Earsdon View2
£82512/240.25 miTrevelyan Close, Earsdon View2
£77506/240.28 miBamburgh Crescent, Shiremoor, Newcastle upon Tyne2
£95006/240.29 miRichardson Gardens, Shiremoor2
£69502/250.36 mi-2
£1,00005/240.43 miEdgefield, West Allotment2
£70003/230.43 mi-2
£79905/240.59 miGarden Terrace, Earsdon2
£79905/240.59 miGarden Terrace, Earsdon2

Local Area Statistics

Population in NE27

12,335

Population in Newcastle upon Tyne

381,037

Town centre distance

6.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

-8%

Property History

Listed for £140,000

January 24, 2025

Floor Plans

Description

  • Popular Location +
  • First Floor +
  • Two Bedrooms +
  • Beautifully Presented +
  • Close To Amenities +
  • Leasehold +
  • Council Tax Band B +
  • Viewing Recommended +
  • Call For More Information +
  • Video Tour Available +

Video Tour on our YouTube Channel |

Forming part of this purpose-built development, this stunning two bedroom first floor apartment is situated within the highly sought after Dukesfield and is truly a home to be proud of. The property is will appeal to a variety of buyers, including first time and downsizers.

Internally the property briefly comprises:- communal entrance with stairs leading to the first floor, entrance hall, charming bright and airy lounge/diner with two sets of French doors opening to Juliette style balconies and open plan to the kitchen which features fitted units and an integrated oven and hob. There are two double bedrooms; the main with en-suite shower room and there is also a modern family bathroom WC. Further benefits include gas central heating and double glazing.

Externally there are communal areas, one allocated parking space and multiple visitors spaces.

We anticipate an extremely high level of viewings on this beautiful apartment. To arrange yours please call .

Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.

Council Tax band *B*.

Lounge - 4.70 x 3.27 (15'5" x 10'8") -

Kitchen - 3.04 x 3.27 (9'11" x 10'8") -

Bedroom One - 4.14 x 3.31 (13'6" x 10'10") -

Bedroom Two - 4.14 x 2.89 (13'6" x 9'5") -

Agent Details

Jan Forster Estates, Tynemouth

0191 625 0776

Next Steps?

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