2 Bed Flat, Single Let, Newcastle upon Tyne, NE27 0DS, £135,000

Dukesfield, Shiremoor, NE27 0DS - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£46K - £155K
Sold Prices/m²£920/m² - £4.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£125,842

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Total Cash In

£41,900

 

 

Cash Out

 

Rent Range

£525 - £1,200

Rent Estimate

£703

Running Costs/mo

£582

Cashflow/mo

£121

Cashflow/yr

£1,446

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £46K to £155K, average is £110.3K. £920/m² to £4.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£129.9K10/230 mi115, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DS2
£113K04/220.02 mi135, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DS2
£120K02/230.05 mi10, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£120K06/230.05 mi14, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£121K01/230.05 mi20, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ2
£46K10/200.07 mi12b, Ann Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QR2
£125K08/220.08 mi33, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£120K02/230.09 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£109K03/210.09 mi31, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£122.5K03/230.09 mi25, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0DR2
£116.5K11/230.14 mi27, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£130K01/210.14 mi21, Ridley Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FQ2
£96.5K12/220.14 mi9, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£155K06/230.14 mi74, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£108.5K03/210.14 mi18, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£128K02/240.14 mi14, Hastings Drive, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FL2
£97K11/220.14 mi22, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£82K11/200.14 mi24, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£85K04/210.14 mi2, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£93K09/220.14 mi19, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£93K11/230.14 mi24, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£85.5K02/230.14 mi20, Abbey Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RG2
£130K04/230.23 mi30, Trevelyan Close, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FJ2
£86K08/220.25 mi4, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£83.5K10/210.25 mi1, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£75K07/230.25 mi13, St Marks Court, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RS2
£90K09/220.27 mi2, Cooperative Terrace, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0RW2
£112K03/230.29 mi16, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£102.5K06/220.39 mi12, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£85K04/210.39 mi20, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£108K06/220.39 mi14, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£98.5K05/220.41 mi22, Edgefield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BT2
£90K09/210.47 mi57, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£85K10/200.47 mi78, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£102.5K09/230.47 mi64, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£112K03/230.47 mi80, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£106K11/210.5 mi66, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£122K07/220.5 mi78, Heathfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BP2
£92.3K06/220.56 mi58, Brookfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BJ2
£115K07/230.57 mi64, Brookfield, West Allotment, Newcastle Upon Tyne, Tyne And Wear NE27 0BJ2
£119.5K03/230.58 mi28, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£111.5K07/220.58 mi22, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£112K05/220.59 mi24, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£113K09/220.59 mi31, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£109K07/230.59 mi33, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£109K04/220.59 mi17, Fenwick Close, Backworth, Newcastle Upon Tyne, Tyne And Wear NE27 0RL2
£118.8K12/220.6 mi16, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2
£143K04/230.6 mi32, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2
£140K02/230.6 mi36, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2
£150K07/230.6 mi6, Meadow Vale, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0BF2

Local Rents

18 rents from £525/mo to £1.2K/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£77508/240.01 mi-2
£79507/240.04 miDukesfield, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE272
£77510/240.04 mi-2
£73505/240.05 miDukesfield, Earsdon View2
£52504/230.07 mi-2
£72009/230.1 mi-2
£87504/250.18 mi-2
£80005/240.22 miTrevelyan Close, Earsdon View2
£82512/240.22 miTrevelyan Close, Earsdon View2
£77506/240.25 miBamburgh Crescent, Shiremoor, Newcastle upon Tyne2
£72505/240.26 miDukesfield, Earsdon View2
£95006/240.26 miRichardson Gardens, Shiremoor2
£69502/250.31 mi-2
£1,00005/240.39 miEdgefield, West Allotment2
£70003/230.41 mi-2
£79501/240.59 mi-2
£1,20005/240.6 mi-2
£1,19911/230.6 mi-2

Local Area Statistics

Population in NE27

12,335

Population in Newcastle upon Tyne

381,037

Town centre distance

6.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

-8%

Property History

Listed for £135,000

February 20, 2025

Floor Plans

Description

  • Gorgeous, Ground Floor Apartment +
  • Highly Sought After Development +
  • Close to Metro, Amenities and Excellent Transport Links +
  • Secure Entry System, Allocated Parking Bay +
  • Superb Sized Lounge +
  • Contemporary and Stylish Kitchen with Appliances +
  • Two Double Bedrooms +
  • Gorgeous En-Suite Shower Room and Bathroom +
  • No Onward Chain +

A beautifully presented and highly sought after ground floor apartment, available with no onward chain. The property is situated on the highly sought after Dukesfield, pleasantly located to the rear of the cul-de-sac. Located close to local schools, Metro, amenities and within excellent proximity to major transport links, including the A1058 City Centre, A19 North and South, Cobalt Business Park and Silverlink. Secure, communal entry system, impressive hallway with cloaks cupboard, superb sized lounge with ample natural light, flowing beautifully into the contemporary and stylish kitchen with integrated appliances. There are two double bedrooms, the principle bedroom with gorgeous en-suite shower room, splendid, modern family bathroom. Communal garden areas and private, allocated parking bay. EPC: C, Council Tax Band: B, Leasehold: 125 years from 1/1/2015, 115 years remaining. Management Fee: £140 per month, Ground Rent: £174 per year. Gas, Electric, Water, Drainage: Mains Connected, Broadband: Fibre, Mobile Phone Blackspot: No

Mining: The property is not known to be on a coalfield and is unknown whether to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any

Agent Details

Rook Matthews Sayer, Whitley Bay

0191 625 0269

Next Steps?

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