2 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE27 0PD, £135,000

24 Craster Avenue, Shiremoor, NE27 0PD - 1 views - 2 months ago

Sold STC
BTL
ROI: 4%
66 m²

ValuationOvervalued

Sold Prices£68.8K - £202K
Sold Prices/m²£883/m² - £3.5K/m²

 

 

Square Metres

66 m²
Price/m²£2K/m²

Value Estimate

£116,160

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£525 - £1,200

Rent Estimate

£703

Running Costs/mo

£582

Cashflow/mo

£121

Cashflow/yr

£1,446

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £68.8K to £202K, average is £125.3K. £883/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£135K09/210.08 mi45, Ford Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NS2
£135K10/230.11 mi18, Belford Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PA2
£68.8K05/210.12 mi2, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£110K06/230.12 mi35, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£125K10/220.12 mi19, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£96K02/210.13 mi16, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£143K12/220.13 mi23, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£110K03/240.13 mi15, Lesbury Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NL2
£119K07/230.16 mi6, James Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QU2
£140K01/230.2 mi24, Brenkley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PR2
£140K08/230.21 mi26, Brenkley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PR2
£122.7K06/210.23 mi51, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LJ2
£112K03/210.24 mi4, Horton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PX2
£130K09/210.25 mi21, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LH2
£112K04/210.25 mi2, Brunton Close, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PU2
£147.5K07/230.26 mi37, Cartington Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PZ2
£123.5K02/210.26 mi1, Kirkley Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PT2
£142K05/230.28 mi25, Lilburn Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QB2
£158K06/210.3 mi19, Countess Way, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FN2
£110K01/240.31 mi23, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£120K11/230.31 mi26, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£122K07/240.31 mi33, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£105K10/220.31 mi88, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TL2
£98.8K02/230.31 mi72, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS2
£105K10/210.31 mi90, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TL2
£119K05/240.32 mi5, Wark Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SU2
£140K11/230.32 mi41, Wark Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SU2
£95K10/220.33 mi40, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£139K12/230.33 mi53, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS2
£95K03/210.34 mi8, Hector Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HR2
£82K03/210.35 mi52, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LG2
£82K03/210.35 mi52, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LG2
£155K04/230.35 mi43, Bayfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BH2
£135K09/210.35 mi45, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£125.6K01/240.35 mi2, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£82.1K11/200.35 mi9, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£154K03/210.37 mi10, Matfen Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TZ2
£125K11/230.38 mi18, Seaton Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SY2
£120K10/200.38 mi120, Bayfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0FE2
£88K10/210.39 mi120, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TN2
£175K06/230.41 mi16, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£180K02/210.41 mi8, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£195K02/230.41 mi26, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£140K12/200.41 mi10, Harbottle Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TX2
£132K07/210.41 mi15, St Albans View, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UH2
£195K11/210.43 mi2, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£146.5K12/200.43 mi2, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£202K12/230.43 mi16, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£185K11/220.43 mi14, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£195K01/230.43 mi17, Brunswick Square, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TR2

Local Rents

19 rents from £525/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£77506/240.05 miBamburgh Crescent, Shiremoor, Newcastle upon Tyne2
£72009/230.16 mi-2
£52504/230.18 mi-2
£69502/250.21 mi-2
£80005/240.23 miTrevelyan Close, Earsdon View2
£82512/240.23 miTrevelyan Close, Earsdon View2
£70003/230.24 mi-2
£77509/240.25 mi-2
£1,00005/240.25 miEdgefield, West Allotment2
£77508/240.26 mi-2
£87503/250.26 mi-2
£79507/240.27 miDukesfield, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE272
£73505/240.29 miDukesfield, Earsdon View2
£95006/240.33 miRichardson Gardens, Shiremoor2
£72505/240.33 miDukesfield, Earsdon View2
£1,20005/240.43 mi-2
£1,19911/230.43 mi-2
£1,05007/240.43 miAngerton Avenue, Shiremoor, Newcastle Upon Tyne2
£79501/240.51 mi-2

Local Area Statistics

Population in NE27

12,335

Population in Newcastle upon Tyne

381,037

Town centre distance

6.24 miles away

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

-8%

Property History

Listed for £135,000

January 29, 2025

Description

  • Two Bedroom Semi Detached +
  • Spacious 20' Living Room/Dining Room +
  • Well Fitted Kitchen +
  • Useful Outbuildings +
  • Modern Bathroom +
  • Two Floored Loft Rooms +
  • Off Road Parking & Garden +
  • No Upward Chain +
  • Freehold +
  • Council Tax Band A +

Situated close to the Metro and all facilities and OFFERED WITH NO UPWARD CHAIN, an exciting opportunity to purchase this TWO BEDROOM SEMI DETACHED HOUSE. On the ground floor the property enjoys a spacious 20' lounge dining room, well proportioned and well fitted kitchen and range of useful outbuildings oozing potential. On the first floor there are two good sized bedrooms and a modern white bathroom/WC with shower. From the loft there is a pull down ladder giving access to two floored loft rooms providing great storage. Enjoying off road car parking, gas central heating, double glazing and an alarm system, this property has been priced for an immediate sale.
Ideal for first time buyer/investor. First to see will buy.

Agent Details

Cooke & Co, Whitley Bay

0191 625 0863

Next Steps?

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