4 Bed Detached House, Single Let, Newcastle upon Tyne, NE12 6YH, £295,000

Bolam Road, Killingworth, Newcastle Upon Tyne, NE12 6YH - 1 views - 2 months ago

BTL
~129 m²
+14 photos

ValuationUndervalued

Sold Prices£135K - £550K
Sold Prices/m²£1.1K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.3K/m²

Value Estimate

£312,557
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£795 - £1,600

Rent Estimate

£828

Running Costs/mo

£1,107

Cashflow/mo

£-279

Cashflow/yr

£-3,354

Gross Yield

3%

Local Sold Prices

50 sold prices from £135K to £550K, average is £280.3K. £1.1K/m² to £5.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£258.5K12/200.12 mi1, West Mount, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6FR4
£300K03/210.22 mi2, Rothbury Close, Newcastle Upon Tyne, Tyne And Wear NE12 6TA4
£316.5K11/220.29 mi18, Mount Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GE4
£350K08/230.44 mi5, Green Lane, Newcastle Upon Tyne, Tyne And Wear NE12 6BN4
£490K09/210.48 miAshley, Killingworth Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ES4
£550K05/230.48 miOaklands, Killingworth Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ES4
£247K12/200.48 mi27, The Limes, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PB4
£280.5K09/210.48 mi6, The Limes, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PB4
£305K01/210.48 mi5, West Farm Court, Newcastle Upon Tyne, Tyne And Wear NE12 6YF4
£355K05/230.49 mi26, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ED4
£295K01/240.49 mi14, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ED4
£387K08/240.49 mi37, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ED4
£370K01/210.5 mi62, Great Lime Road, Newcastle Upon Tyne, Tyne And Wear NE12 7AL4
£278K03/210.51 mi50, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7EE4
£235K04/210.51 mi86, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7EE4
£315K12/220.51 mi55, Northfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7EE4
£171.5K12/220.51 mi61, Balliol Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7PP4
£330K03/240.53 mi4, Killingworth Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ER4
£330K03/240.53 mi4, Killingworth Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7ER4
£247K03/210.55 mi3, Greenhills, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BA4
£215K11/210.55 mi5, Towton, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PX4
£159.9K10/210.58 mi5, Reed Avenue, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XH4
£186K12/230.58 mi5, Reed Avenue, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5XH4
£270K11/210.59 mi5, Havanna, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BL4
£262K10/220.6 mi10, Hauxley, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BF4
£236.6K04/210.61 mi27, Victoria Court, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PE4
£267.5K11/200.62 mi8, Hartford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BR4
£315K01/230.62 mi5, Hartford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 5BR4
£140K10/230.62 mi23, Harriot Drive, Newcastle Upon Tyne, Tyne And Wear NE12 7EU4
£366K10/220.65 mi54, Greenhaugh, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7WA4
£232K07/210.66 mi8, White House Drive, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 7EZ4
£218K12/200.66 mi3, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£280K04/210.66 mi65, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£240K12/220.66 mi16, Woodlea, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9BG4
£345K08/230.67 mi19, Edgemount, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GG4
£335K10/220.68 mi15, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£312K10/220.68 mi26, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£410K09/220.68 mi42, Clousden Grange, Newcastle Upon Tyne, Tyne And Wear NE12 7YW4
£415K06/210.69 mi76, Greenhaugh, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7WA4
£215K03/210.71 mi20, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR4
£200K06/210.71 mi65, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR4
£238K05/240.71 mi26, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR4
£231K09/210.75 mi15, Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 7JP4
£270K11/230.75 mi22, Wilson Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 7JP4
£350K01/230.78 mi51, Forest Hall Road, Newcastle Upon Tyne, Tyne And Wear NE12 7AY4
£313K09/230.79 mi2, Thirlmere Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GZ4
£295K06/240.79 mi25, Thirlmere Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6GZ4
£305K06/210.81 mi1, Woodlands Grange, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DG4
£135K11/230.82 mi13, Attlee Close, Burradon, Cramlington, Tyne And Wear NE23 7PB4
£227.5K06/210.83 mi8, Foxley Close, Newcastle Upon Tyne, Tyne And Wear NE12 6FX4

Local Rents

18 rents from £795/mo to £1.6K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£1,20003/250.05 mi-3
£1,60007/240.2 miRyder Court, Killingworth, NE123
£89502/250.22 mi-3
£1,15007/240.25 miNorthumbrian Way, Newcastle Upon Tyne3
£95007/240.26 miWhite Swan Close, Newcastle Upon Tyne3
£79505/240.28 miMallard Court, Killingworth3
£1,05006/240.33 miGeorge Court, Forest Hall, Newcastle Upon Tyne3
£80012/230.38 mi-4
£85005/240.41 miHadrian Court, Killingworth3
£89503/250.47 mi-3
£1,35005/240.49 miEast Farm, Killingworth Village3
£1,35002/240.5 mi-3
£85005/240.51 miGeorgian Court, West Moor, NE123
£92507/240.51 miCamperdown, NEWCASTLE UPON TYNE, NE12 5XL3
£1,05005/240.54 miThe Limes, West Moor, Newcastle upon Tyne, Tyne and Wear, NE12 7PB3
£82507/230.55 mi-3
£92505/240.59 miSedgemoor, Highfields, Killingworth3
£89501/240.59 mi-3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

3.85 miles away

Nearest school

0.20 miles away

Nearest train station

1.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £295,000

February 21, 2025

Description

  • Spacious Link Detached House +
  • Four Generous Bedrooms +
  • Recently Refitted Kitchen +
  • Conservatory to the Rear +
  • Large Double Garage +
  • Extensive Southerly Aspect over the Lake +

We are delighted to offer for sale and strongly recommend viewing of this extremely rare addition to the market. Occupying a delightful and enviable position on the popular Lakeshore development this link detached family house enjoys extensive southerly aspect over the lake itself.  There is easy access to an excellent range of amenities within Killingworth including the shopping centre, schools serving all age groups, public transport and road links to nearby centres.  The accommodation briefly comprises an entrance lobby and hallway, a generous lounge to the front with a large bay window, a separate dining room opening onto a pleasant conservatory, a recently refitted kitchen, ground floor w.c. and useful utility room.  To the first floor there are four large bedrooms, a shower cubicle has been fitted en suite to the main bedroom and there is a combined family bathroom/w.c.  Externally the property has a lawned garden to the front with a driveway for additional car parking providing access to a large double garage.  The rear garden is mainly paved and directly overlooks the lake enjoying southerly aspect.  There is gas fired radiator central heating, upvc double glazing and the property offers a good standard of decoration and fittings throughout.

Agent Details

Lucas James, Killingworth

0191 743 9312

Next Steps?

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