3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE6 3EU, £135,000

1 Lowfield Terrace, Walker, Newcastle Upon Tyne, NE6 3EU - 2 months ago

BTL
ROI: 4%
~93 m²
+18 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,700

Total Cash In

£39,450

 

 

Cash Out

 

Rent Range

£795 - £1,150

Rent Estimate

£796

Running Costs/mo

£601

Cashflow/mo

£195

Cashflow/yr

£2,339

ROI

6%

Gross Yield

7%













Local Rents

13 rents from £795/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£87501/250.11 mi-3
£80006/240.44 miWalker Road, ., Newcastle upon Tyne, Tyne and Wear, NE6 3JT3
£92502/250.47 mi-3
£79511/240.47 mi-3
£1,15006/240.52 mi-3
£1,15006/240.52 mi-3
£1,15006/240.52 miLamerton Avenue, Walker, Newcastle Upon Tyne, NE63
£1,00011/240.54 mi-3
£1,00005/240.56 mi20 The Oval, Newcastle upon Tyne, NE6 3LH3
£79502/250.58 mi-3
£90012/230.59 mi-3
£95003/250.59 mi-3
£82503/250.61 mi-3

Local Area Statistics

Population in NE6

50,441

Population in Newcastle upon Tyne

381,037

Town centre distance

5.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Price changed to £135,000

February 8, 2025

Listed for £150,000

January 24, 2025

Floor Plans

Description

  • Three Bedroom Semi Detached House +
  • Chain Free +
  • Generous Corner Plot +
  • Great First Buy +
  • Good Transport Links to City Centre +
  • Freehold +
  • Council Tax Band A +
  • Energy Rating TBC +

THREE BEDROOM SEMI DETACHED HOUSE CHAIN FREE GENEROUS CORNER PLOT

GREAT FIRST BUY LARGE GARDENS TO FRONT AND REAR FREEHOLD

WET ROOM DOWNSTAIRS & WC UPSTAIRS CLOSE TO LOCAL AMENITIES AND TRANSPORT LINKS

COUNCIL TAX BAND A ENERGY RATING TBC **

Entrance/Hallway - Double glazed door leading to hallway and stairs to first floor

Lounge - 4.17 x 3.83 (13'8" x 12'6") - Double glazed window, radiator, fireplace, leading to kitchen.

Kitchen - 3.55 x 1.79 (11'7" x 5'10") - Double glazed window, radiator, range of floor and wall units with countertops, sink, freestanding cooker with overhead extractor hood.

Wet Room - 2.77 x 1.69 (9'1" x 5'6") - Double glazed window, radiator, tiled walls, shower, WC and handwash basin.

Wc - 1.32 x 0.77 (4'3" x 2'6") - Double glazed window, WC

Bedroom 1 - 3.76 x 3.21 (12'4" x 10'6") - Double glazed window, radiator, sliding door wardrobes.

Bedroom 2 - 3.78 x 2.45 (12'4" x 8'0" ) - Double glazed window, radiator.

Bedroom 3 - 3.21 x 2.10 (10'6" x 6'10" ) - Double glazed window, radiator.

Landing - Loft Access.

External - Corner Plot, large front and rear garden. Rear Garden has decking and pond.

Broadband And Mobile - At the time of marketing this information is correct.
Broadband: Highest available Speeds: Download: 1000 Mbps Upload: 1000 Mbps
Mobile: EE>Likely Three> Likely 02>Likley Vodafone>Likely
Outdoor EE>Likely Three> Likely 02>Likley Vodafone>Likely

Flood Risks - At the time of marketing this information is correct.
Yearly chance of flooding:
Rivers and the sea: Very Low
Surface water: Low

Agent Details

next2buy, Wallsend

0191 625 0941

Next Steps?

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