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

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,750£33,750
Stamp Duty & Legal Fees	£5,700£5,700
Total Cash In	£39,450£39,450

Cash Out
Rent Range	£795 - £1,150£795 - £1,150
Rent Estimate	£796
Running Costs/mo	£601£601
Cashflow/mo	£195£195
Cashflow/yr	£2,339£2,339
ROI	6%6%
Gross Yield	7%7%

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Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£875	01/25	0.11 mi	-	3	Semi-Detached House
£800	06/24	0.44 mi	Walker Road, ., Newcastle upon Tyne, Tyne and Wear, NE6 3JT	3	Terraced House
£925	02/25	0.47 mi	-	3	Terraced House
£795	11/24	0.47 mi	-	3	Flat
£1,150	06/24	0.52 mi	-	3	Terraced House
£1,150	06/24	0.52 mi	-	3	Terraced House
£1,150	06/24	0.52 mi	Lamerton Avenue, Walker, Newcastle Upon Tyne, NE6	3	Terraced House
£1,000	11/24	0.54 mi	-	3	Terraced House
£1,000	05/24	0.56 mi	20 The Oval, Newcastle upon Tyne, NE6 3LH	3	Flat
£795	02/25	0.58 mi	-	3	Flat
£900	12/23	0.59 mi	-	3	Flat
£950	03/25	0.59 mi	-	3	Terraced House
£825	03/25	0.61 mi	-	3	Flat

Local Area Statistics

Population in NE6	50,44150,441
Population in Newcastle upon Tyne	381,037381,037
Town centre distance	5.07 miles away5.07 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.10 miles away1.10 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+23%+23%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+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