4 Bed Terraced House, Single Let, Newcastle upon Tyne, NE3 2LH, £260,000

Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 2LH - 2 views - a month ago

Sold STC
BTL
~129 m²
+13 photos

ValuationUndervalued

Sold Prices£150K - £860K
Sold Prices/m²£1.6K/m² - £6.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£325,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£850 - £1,650

Rent Estimate

£850

Running Costs/mo

£1,003

Cashflow/mo

£-152

Cashflow/yr

£-1,830

Gross Yield

4%

Local Sold Prices

52 sold prices from £150K to £860K, average is £388.5K. £1.6K/m² to £6.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£179K11/230.16 mi7, Glanton Wynd, Newcastle Upon Tyne, Tyne And Wear NE3 2LQ4
£250K04/210.22 mi13, Whitton Way, Newcastle Upon Tyne, Tyne And Wear NE3 3HY4
£428K06/230.22 mi173, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HE4
£302.5K01/210.23 mi24, Holystone Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3HN4
£261K02/210.26 mi42, Warkworth Crescent, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3JA4
£325.1K04/240.3 mi135, Regent Farm Road, Newcastle Upon Tyne, Tyne And Wear NE3 3HD4
£235K11/230.35 mi12, Cranbrook Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 2HQ4
£150K07/230.43 mi6, Coxlodge Road, Newcastle Upon Tyne, Tyne And Wear NE3 3UZ4
£305K06/210.43 mi16, Broadway West, Newcastle Upon Tyne, Tyne And Wear NE3 2JD4
£306K02/210.46 mi13, Westbourne Avenue, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2HN4
£425K12/200.48 mi52, The Fairway, Newcastle Upon Tyne, Tyne And Wear NE3 5AQ4
£230K06/210.49 mi41, Cloverfield Avenue, Newcastle Upon Tyne, Tyne And Wear NE3 3NL4
£485K03/210.52 mi35, Bridge Park, Newcastle Upon Tyne, Tyne And Wear NE3 2DX4
£210K03/240.55 mi8, Goswick Drive, Newcastle Upon Tyne, Tyne And Wear NE3 2BE4
£325K06/230.58 mi18, Caldwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 2AX4
£831K08/230.58 mi55, Greystoke Park, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2DZ4
£860K09/230.58 mi52, Greystoke Park, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 2DZ4
£207.5K12/230.58 mi23, Ferrisdale Way, Newcastle Upon Tyne, Tyne And Wear NE3 2SE4
£385K09/210.61 mi53, Archibald Street, Newcastle Upon Tyne, Tyne And Wear NE3 1EB4
£470K12/200.62 mi29, Baronswood, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UB4
£450K03/210.62 mi5, Baronswood, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UB4
£610K07/230.62 mi45, Baronswood, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UB4
£610K07/230.62 mi45, Baronswood, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 3UB4
£392K08/210.63 mi58, Princes Meadow, Newcastle Upon Tyne, Tyne And Wear NE3 4RZ4
£365K05/210.63 mi36, Princes Meadow, Newcastle Upon Tyne, Tyne And Wear NE3 4RZ4
£398.6K03/230.63 mi33, Princes Meadow, Newcastle Upon Tyne, Tyne And Wear NE3 4RZ4
£570K07/230.63 mi14, Princes Meadow, Newcastle Upon Tyne, Tyne And Wear NE3 4RZ4
£530K05/240.64 mi6, Burnside Road, Newcastle Upon Tyne, Tyne And Wear NE3 2DU4
£484.5K11/220.65 mi8, Fencer Court, Newcastle Upon Tyne, Tyne And Wear NE3 2DP4
£320K06/240.67 mi56, Princes Road, Newcastle Upon Tyne, Tyne And Wear NE3 5AN4
£425K03/240.68 mi56, Salters Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 1DX4
£400K11/210.68 mi43, Elsdon Road, Newcastle Upon Tyne, Tyne And Wear NE3 1HY4
£365K05/240.68 mi49, Elsdon Road, Newcastle Upon Tyne, Tyne And Wear NE3 1HY4
£351K08/240.68 mi41, Elsdon Road, Newcastle Upon Tyne, Tyne And Wear NE3 1HY4
£351K08/240.68 mi41, Elsdon Road, Newcastle Upon Tyne, Tyne And Wear NE3 1HY4
£400K10/200.7 mi42, Rothwell Road, Newcastle Upon Tyne, Tyne And Wear NE3 1UA4
£360K09/210.71 mi19, Yeavering Close, Newcastle Upon Tyne, Tyne And Wear NE3 4YU4
£425K12/210.71 mi16, Yeavering Close, Newcastle Upon Tyne, Tyne And Wear NE3 4YU4
£568K12/200.72 mi22, Salters Road, Newcastle Upon Tyne, Tyne And Wear NE3 1DJ4
£550K06/210.72 mi10, Barrasford Close, Newcastle Upon Tyne, Tyne And Wear NE3 4RG4
£375.1K12/220.72 mi6, Barrasford Close, Newcastle Upon Tyne, Tyne And Wear NE3 4RG4
£575K06/230.72 mi5, Barrasford Close, Newcastle Upon Tyne, Tyne And Wear NE3 4RG4
£281K06/210.72 mi9, Kyloe Close, Newcastle Upon Tyne, Tyne And Wear NE3 2SU4
£520K05/230.72 mi27, Polwarth Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2EE4
£470K09/230.72 mi34, Polwarth Crescent, Newcastle Upon Tyne, Tyne And Wear NE3 2EE4
£253K08/210.73 mi1, Stable Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 7BJ4
£487K04/210.74 mi43, Woodbine Road, Newcastle Upon Tyne, Tyne And Wear NE3 1DE4
£307K03/210.75 mi8, Emblehope Drive, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4RW4
£420K08/220.75 mi21, Emblehope Drive, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3 4RW4
£317K09/210.75 mi33, Princes Road, Newcastle Upon Tyne, Tyne And Wear NE3 5AL4
£432.5K07/230.75 mi55, Princes Road, Newcastle Upon Tyne, Tyne And Wear NE3 5AL4
£351K12/200.76 mi22, Dunmoor Close, Newcastle Upon Tyne, Tyne And Wear NE3 4YR4

Local Rents

18 rents from £850/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25006/240.1 mi-3
£1,20005/240.23 mi-3
£1,47506/240.23 miHolystone Avenue, Gosforth 3
£1,10006/240.31 miBeal Way, Newcastle Upon Tyne3
£1,00005/240.38 miJubilee Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE33
£1,00002/250.39 mi-3
£1,25006/240.4 miLayfield Road, Brunton Park, Gosforth, NE33
£85007/240.42 mi-3
£85007/240.42 miEdgefield Avenue, Newcastle Upon Tyne, NE33
£85005/240.46 mi-3
£1,15012/230.46 mi-3
£1,19506/240.47 mi3 Bedroom House in Gosforth, Newcastle3
£89505/240.48 miAcomb Crescent, Red House Farm3
£1,10007/240.49 mi3 Bedroom Terraced House to Let on Mary Agnes Street, Gosforth, Newcastle Upon Tyne3
£85001/240.55 mi-3
£90005/240.56 mi-3
£1,65007/240.6 miBroadway East, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3 5JQ5
£1,10005/240.6 mi-3

Local Area Statistics

Population in NE3

53,771

Population in Newcastle upon Tyne

381,037

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £260,000

February 7, 2025

Floor Plans

Description

  • Beautiful Family Home +
  • Three Receptions +
  • Two Bathrooms +
  • Corner Plot +
  • Off Street Parking +
  • Close to Amenities +
  • Council Tax Band B +
  • Viewing Recommended +
  • Call For More Information +
  • Video Tour Available +

Video Tour on our YouTube Channel |

Nestled in the desirable area of Park Avenue, Gosforth, this beautiful, four-bedroom end-terrace house presents an excellent opportunity for families and professionals alike. With its spacious layout and modern amenities, this property is designed to cater to contemporary living while retaining a warm and inviting atmosphere.

Situated in the heart of Gosforth, this property is close to excellent local amenities, including shops, schools, and parks, all within easy reach. The area is well-connected to Newcastle Upon Tyne, making it an ideal location for commuters.

Briefly comprising to the ground floor: - welcoming entrance hallway with ground floor WC, dining room, sitting room with dual aspect windows, a fantastic kitchen with a range of fitted units, appliances and centre island, rear lobby with access to storage space and a bright and airy lounge with French door access to the rear garden. To the first floor there are four bedrooms a modern family bathroom WC and a shower room WC.

Externally there are easy to maintain gardens to the front, side and rear along with a driveway for off street parking. Additionally, the house features a practical brick outhouse.

For more information and to book a viewing, please call our Gosforth branch on .

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

Council Tax band *B*.

Lounge - 3.80 x 4.38 (12'5" x 14'4") -

Kitchen - 6.75 x 3.41 (22'1" x 11'2") -

Sitting Room - 4.04 x 3.20 (13'3" x 10'5") -

Dining Room - 3.40 x 2.72 (11'1" x 8'11") -

Bedroom One - 3.97 x 3.87 (13'0" x 12'8") -

Bedroom Two - 3.44 x 3.29 (11'3" x 10'9") -

Bedroom Three - 4.01 x 2.71 (13'1" x 8'10") -

Bedroom Four - 3.59 x 2.93 (11'9" x 9'7") -

Agent Details

Jan Forster Estates, Gosforth

0191 625 0923

Next Steps?

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