3 Bed Terraced House, Refurb/BRRR, Newcastle upon Tyne, NE12 7LZ, £130,000

Sheldon Court, Newcastle Upon Tyne, NE12 7LZ - 12 views - a month ago

Refurb/BRRR
ROI: 4%
~93 m²
+8 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£35,902

Bridging Loan Interest

£3,413

Total Cash In

£78,665

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£194,991

Agent Fees (1%)

£1,950

Bridging Loan

£97,500

Bridging Loan Interest

£3,413

Flip Profit

£16,876













Local Rents

15 rents from £825/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£89502/250.05 mi-3
£1,05005/240.08 miThe Limes, West Moor, Newcastle upon Tyne, Tyne and Wear, NE12 7PB3
£82507/230.1 mi-3
£85005/240.13 miGeorgian Court, West Moor, NE123
£1,05006/240.17 miGeorge Court, Forest Hall, Newcastle Upon Tyne3
£1,15007/240.24 miNorthumbrian Way, Newcastle Upon Tyne3
£89502/250.28 mi-3
£1,60007/240.28 miRyder Court, Killingworth, NE123
£99502/250.37 mi-3
£97505/240.4 miHawks Edge, West Moor, NE123
£1,20002/250.45 mi-3
£1,25010/240.48 mi-3
£1,37508/240.59 mi-3
£1,35007/240.6 miWhitfield Road, Newcastle Upon Tyne3
£1,35002/240.62 mi-3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

3.51 miles away

Nearest school

0.20 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £130,000

February 7, 2025

Description

  • Mid-Terraced house +
  • Three bedrooms +
  • EPC: TBC +
  • Council tax band: A +
  • Tenure: Freehold +

Presenting a unique opportunity to acquire a terraced house, which is currently listed for sale. This property will be sold as seen, in need of renovation, offers a world of potential for the right buyer.

The accommodation comprises a total of three bedrooms, therefore providing ample space for families or those looking to invest in a property that offers room for growth.

On the ground floor, there is a lounge through to dining room offering a welcoming space for relaxing and entertaining. Adjoining the reception room, you will find a kitchen fitted with the basic amenities and ground floor W.C. that is off the entrance hall. The bathroom, which, like the rest of the home, could benefit from a thoughtful update to modernise its features.

The property falls within council tax band A, making it a budget-friendly choice for first-time buyers or investors looking to maximise their returns.

Location is another key advantage of this property. It is situated near public transport links, making commuting to work or travelling to the city centre a breeze. Families will appreciate the close proximity to local schools, and the surrounding area boasts a range of nearby amenities, making day-to-day living convenient and enjoyable.

In conclusion, this property is a fantastic opportunity for first-time buyers, investors, and families alike, seeking a project that they can shape and mould into their dream home. With a little love and attention, this terraced house could become a fantastic place to live or a fruitful investment.

ENTRANCE DOOR to
HALLWAY: (6’04 x 5’02) (1.83m x 1.52m)
DOWNSTAIRS W.C.
‘L’ SHAPED LOUNGE/DINING ROOM: (18’04 x 9’0 / 21’06 x 10’01 x 8’10)
(5.49m x 2.74m / 6.40m x 3.05m x 2.69m)
KITCHEN: (12’04 x 6’06) (3.66m x 1.83m)
STAIRCASE to first floor landing
BATHROOM: (6’06 x 5’06) (1.83m x 1.52m)
BEDROOM ONE: (15’08 max x 8’06 at max point) (4.57m max x 2.44m at max point)
BEDROOM TWO: (12’06 max x 9’06) (3.66m max x 2.74m)
BEDROOM THREE: (12’01 x 5’05) (3.66m x 1.52m)

AGENTS NOTE
There may be limited information that can be provided for this property.

Agent Details

Rook Matthews Sayer, Forest Hall

0191 743 9300

Next Steps?

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