2 Bed Bungalow, Single Let, Newcastle upon Tyne, NE3 4SD, £355,000

Montagu Avenue, Kenton, Newcastle Upon Tyne, NE3 4SD - 2 months ago

BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£92.5K - £550K
Sold Prices/m²£1.1K/m² - £5.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.2K/m²

Value Estimate

£147,947

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£88,750

Stamp Duty & Legal Fees

£17,100

Total Cash In

£105,850

 

 

Cash Out

 

Rent Range

£650 - £1,350

Rent Estimate

£738

Running Costs/mo

£1,277

Cashflow/mo

£-539

Cashflow/yr

£-6,468

Gross Yield

2%

Local Sold Prices

50 sold prices from £92.5K to £550K, average is £150K. £1.1K/m² to £5.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£270K12/200.02 mi99, Montagu Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 4SD2
£550K07/240.06 mi67, Briardene Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4RX2
£320K06/230.27 mi6, Oakfield Terrace, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4RQ2
£133K03/240.34 mi8, Kenton Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4NS2
£275K10/230.37 mi32, Northfield Road, Newcastle Upon Tyne, Tyne And Wear NE3 3UN2
£257K08/240.38 mi31, Lanesborough Court, Newcastle Upon Tyne, Tyne And Wear NE3 3BZ2
£235K12/200.38 mi46, Lanesborough Court, Newcastle Upon Tyne, Tyne And Wear NE3 3BZ2
£132K12/200.4 mi57, Kenton Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4NT2
£140K05/240.4 mi55, Kenton Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4NT2
£170K02/240.4 mi67, Kenton Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4NT2
£158K03/240.4 mi57, Kenton Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 4NT2
£216.3K09/210.41 mi47, Eastwood Gardens, Newcastle Upon Tyne, Tyne And Wear NE3 3DP2
£108K12/200.44 mi5, Stormont Green, Newcastle Upon Tyne, Tyne And Wear NE3 4TD2
£122K11/210.47 mi3, Evesham Garth, Newcastle Upon Tyne, Tyne And Wear NE3 4TX2
£125K03/230.49 mi7, Earsdon Road, Newcastle Upon Tyne, Tyne And Wear NE3 4TY2
£92.5K11/200.51 mi3, High Meadows, Newcastle Upon Tyne, Tyne And Wear NE3 4PW2
£110K08/210.55 mi21, Millfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 4TA2
£243K05/230.57 mi108, Salters Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UP2
£280K11/230.57 mi120, Salters Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UP2
£270K08/210.57 mi128, Salters Road, Newcastle Upon Tyne, Tyne And Wear NE3 3UP2
£246K03/240.57 mi126, Salters Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UP2
£135K06/240.58 mi27, Burnfoot Way, Newcastle Upon Tyne, Tyne And Wear NE3 4TL2
£131K03/210.59 mi6, Mary Agnes Street, Newcastle Upon Tyne, Tyne And Wear NE3 3XB2
£132.5K03/210.59 mi36, Mary Agnes Street, Newcastle Upon Tyne, Tyne And Wear NE3 3XB2
£120K12/200.59 mi18, Agnes Maria Street, Newcastle Upon Tyne, Tyne And Wear NE3 3XD2
£149.9K07/230.59 mi4, Agnes Maria Street, Newcastle Upon Tyne, Tyne And Wear NE3 3XD2
£150K07/240.59 mi17, Nelson Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3UU2
£158.3K09/230.59 mi20, Nelson Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3UU2
£135.3K10/210.6 mi20, Farnon Road, Newcastle Upon Tyne, Tyne And Wear NE3 3US2
£132K10/230.62 mi55, Millfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 4TB2
£287K11/230.63 mi14, Jubilee Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UQ2
£112K02/210.64 mi12, Dene Bank View, Newcastle Upon Tyne, Tyne And Wear NE3 4UL2
£120K02/230.65 mi322, Kenton Road, Newcastle Upon Tyne, Tyne And Wear NE3 3XJ2
£393.3K05/230.69 mi9, Gordon Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 4DH2
£256K02/210.72 mi17, Causey Street, Newcastle Upon Tyne, Tyne And Wear NE3 4DJ2
£105K06/230.73 mi8, Cloverfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NJ2
£97.5K01/230.74 mi24, Cloverfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NJ2
£100K01/230.75 mi13, Beadnell Way, Newcastle Upon Tyne, Tyne And Wear NE3 3HB2
£137K05/240.77 mi1, Bellfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NQ2
£128K04/210.77 mi12, Bellfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NQ2
£125K03/230.77 mi11, Bellfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NQ2
£336K10/230.77 mi153, Back High Street, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4ET2
£355K09/220.79 mi3, Roseworth Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 1NB2
£145K11/230.82 mi6, Fallowfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NN2
£138K03/230.82 mi4, Fallowfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NN2
£319K12/220.82 mi19, Regent Road, Newcastle Upon Tyne, Tyne And Wear NE3 1ED2
£340K01/230.82 mi3, Howard Place, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1DT2
£267K11/230.82 mi5, Howard Place, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1DT2
£285K06/210.83 mi11, Laurel Walk, Newcastle Upon Tyne, Tyne And Wear NE3 1DS2
£305K06/230.85 mi54, Hedley Street, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1DL2

Local Rents

37 rents from £650/mo to £1.4K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£1,20005/240.06 miBriardene Crescent, Gosforth, Newcastle Upon Tyne, Tyne & Wear, NE32
£85002/250.13 mi-2
£80001/240.13 mi-2
£90006/240.16 miDeleval Terrace, Gosforth, NE32
£95005/240.18 miDelaval Terrace, Gosforth, Newcastle upon Tyne2
£77506/240.19 miSalters Road, Gosforth2
£1,20002/250.2 mi-2
£90007/240.2 miDelaval Terrace, Gosforth, Newcastle upon Tyne2
£85006/240.2 miDelaval Terrace, Newcastle upon Tyne, Tyne and Wear, NE32
£79505/240.2 miDelaval Terrace, Gosforth, Newcastle Upon Tyne, NE32
£87505/240.21 miSalters Road, Gosforth2
£90006/240.23 miDelaval Terrace, Gosforth, NE32
£97507/240.24 miSalters Road, Gosforth, Newcastle Upon Tyne2
£97512/240.26 miAlbany Mews, Montagu Avenue, Gosforth2
£97505/240.26 miAshfield Road, Gosforth, Newcastle Upon Tyne2
£99506/240.27 miSalters Road, Gosforth2
£95006/240.27 miSalters Road, Gosforth, Newcastle Upon Tyne2
£79506/240.28 miWyndham Avenue, Newcastle upon Tyne, Tyne and Wear, NE32
£1,10007/240.3 miSalters Road, Newcastle Upon Tyne, Tyne and Wear, NE3 4HN2
£1,29505/240.3 miMontagu Court, Gosforth, Newcastle Upon Tyne, Tyne & Wear, NE32
£1,19505/240.35 miMontagu Court, Gosforth, Newcastle Upon Tyne2
£99506/240.38 miLanesborough Court, Newcastle Upon Tyne2
£1,30007/240.39 miLanesborough Court, Gosforth, NE32
£80006/240.45 miSalters Road, Gosforth, Newcastle upon Tyne2
£75006/240.55 miHigh Meadows, Newcastle Upon Tyne, NE32
£75006/240.55 mi-2
£87505/240.57 miBroomfield Road, Gosforth, Newcastle Upon Tyne, Tyne & Wear, NE32
£75005/240.57 miNorth Avenue, Gosforth, Newcastle Upon Tyne, NE32
£82003/250.58 mi-2
£70006/240.58 miAshover Road, Kenton, Newcastle Upon Tyne, NE32
£85005/240.58 mi-2
£1,35005/240.58 miElmfield Road, Gosforth, Newcastle upon Tyne2
£85011/240.59 mi-2
£82001/240.59 mi-2
£80002/250.6 mi-2
£65012/240.61 mi-2
£87503/250.62 mi-2

Local Area Statistics

Population in NE3

53,771

Population in Newcastle upon Tyne

381,037

Town centre distance

0.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £355,000

January 25, 2025

Description

  • Two Bedrooms +

  • Fitted Kitchen +

  • Conservatory +

  • Fabulous Garden Plot +

  • Driveway & Garage +

  • Council Tax Band C +

  • EPC Rating D +

IMPRESSIVE semi detached bungalow, set on a beautiful plot with gardens to the front, side and rear, driveway parking and an ATTACHED GARAGE. The living space includes a lounge, FITTED KITCHEN, conservatory, two bedrooms and a MODERN BATHROOM. The property is ideally situated for access to local amenities and facilities as well as for access to transport routes and services. A MUST SEE!

Agent Details

Sarah Mains Residential Sales and Lettings, Newcastle

0191 625 0816

Next Steps?

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