3 Bed Bungalow, Single Let, Newcastle upon Tyne, NE12 9RQ, £270,000

Meadway Drive, Forest hall, Newcastle upon Tyne, Tyne and Wear, NE12 9RQ - 2 views - a month ago

BTL
~85 m²
+8 photos

ValuationOvervalued

Sold Prices£72K - £366K
Sold Prices/m²£911/m² - £4.6K/m²

 

 

Square Metres

~85 m²
Price/m²£3.2K/m²

Value Estimate

£176,079

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£675 - £2,400

Rent Estimate

£747

Running Costs/mo

£1,013

Cashflow/mo

£-266

Cashflow/yr

£-3,194

Gross Yield

3%

Local Sold Prices

49 sold prices from £72K to £366K, average is £181K. £911/m² to £4.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£196K02/210.06 mi15, Elsdon Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9RH3
£222K05/230.06 mi23, Elsdon Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9RH3
£240K12/220.09 mi94, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE3
£150K03/230.11 mi126, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE3
£165K09/210.11 mi79, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE3
£150K12/200.11 mi33, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE3
£305K02/230.11 mi79, Mead Way, Newcastle Upon Tyne, Tyne And Wear NE12 9RE3
£72K07/230.11 mi21, Mead Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 9RP3
£254K03/240.12 mi11, Ashcroft Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9LN3
£115K04/210.14 mi73, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LE3
£145K02/210.14 mi97, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LE3
£248.5K03/230.18 mi73, Studley Villas, Newcastle Upon Tyne, Tyne And Wear NE12 9LQ3
£275K11/200.18 mi30, Studley Villas, Newcastle Upon Tyne, Tyne And Wear NE12 9LQ3
£223K03/210.19 mi10, Dovecote Road, Newcastle Upon Tyne, Tyne And Wear NE12 9LL3
£210K03/210.19 mi22, Dovecote Road, Newcastle Upon Tyne, Tyne And Wear NE12 9LL3
£225K10/210.2 mi34, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JP3
£196K03/210.2 mi31, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JP3
£217.5K05/240.2 mi32, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JP3
£240K10/230.2 mi33, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JP3
£232.5K11/230.2 mi15, Park Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JP3
£82K03/210.21 mi37, Rocket Way, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9RJ3
£300K04/230.23 mi29, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LB3
£187K11/200.23 mi47, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LB3
£366K06/240.23 mi40, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LB3
£181K03/230.26 mi21, Farne Road, Newcastle Upon Tyne, Tyne And Wear NE12 9DY3
£229K04/210.27 mi6, Woodside Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 9JQ3
£180K05/230.27 mi5, Garden Croft, Newcastle Upon Tyne, Tyne And Wear NE12 9LT3
£126K01/210.27 mi76, Feetham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9QN3
£338K06/240.28 mi22, Studley Villas, Newcastle Upon Tyne, Tyne And Wear NE12 9LP3
£245K03/230.3 mi25, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LA3
£276K01/210.3 mi18, Granville Drive, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9LA3
£154K02/210.3 mi51, Farne Road, Newcastle Upon Tyne, Tyne And Wear NE12 9EA3
£105K02/210.32 mi13, Felton Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9ED3
£165K12/230.34 mi6, William Close, Newcastle Upon Tyne, Tyne And Wear NE12 9QZ3
£290K09/210.35 mi56, Forest Avenue, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9AH3
£174.3K09/230.4 mi6, Young Road, Newcastle Upon Tyne, Tyne And Wear NE12 9HD3
£162.5K11/200.42 mi24, Earlington Court, Newcastle Upon Tyne, Tyne And Wear NE12 9DX3
£162.9K02/210.42 mi14, Earlington Court, Newcastle Upon Tyne, Tyne And Wear NE12 9DX3
£210K03/240.42 mi12, The Wynd, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DB3
£185K11/200.42 mi14, The Wynd, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DB3
£170K02/240.42 mi15, The Wynd, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9DB3
£170K11/230.43 mi6, Great Lime Road, Newcastle Upon Tyne, Tyne And Wear NE12 9DJ3
£165K09/230.43 mi2, Vulcan Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 9AN3
£116K11/210.43 mi6, Edwins Avenue South, Newcastle Upon Tyne, Tyne And Wear NE12 9AX3
£172K09/230.43 mi6, Edwins Avenue South, Newcastle Upon Tyne, Tyne And Wear NE12 9AX3
£139.9K01/230.44 mi19, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9HN3
£129K10/200.44 mi8, Cooperative Terrace, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9HH3
£120K03/210.44 mi9, Cooperative Terrace, Palmersville, Newcastle Upon Tyne, Tyne And Wear NE12 9HH3
£110K08/210.45 mi21, Elizabeth Drive, Newcastle Upon Tyne, Tyne And Wear NE12 9QP3

Local Rents

41 rents from £675/mo to £2.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30006/240.39 miReme Court, Killingworth, Newcastle, NE123
£97506/240.45 miGreat Lime Road, Newcastle Upon Tyne3
£1,20007/240.46 miRidge Way, Wallsend3
£1,25005/240.5 miMoor Edge Drive, Wallsend, Tyne and Wear, NE283
£1,35007/240.51 miWhitfield Road, Newcastle Upon Tyne3
£1,37508/240.53 mi-3
£1,15006/240.54 miWoodlands Grange, Forest Hall, Newcastle upon Tyne, Tyne and Wear, NE123
£67503/250.56 mi-3
£98011/230.59 mi-3
£1,50012/240.63 miMiller Close, Palmersville, Newcastle Upon Tyne3
£1,25010/240.64 mi-3
£89503/250.72 mi-3
£1,30007/240.79 mi-3
£1,30010/240.79 mi-3
£1,30007/240.79 miCoppice Place, Newcastle Upon Tyne, NE123
£1,40006/240.89 miSouthfield Road, Benton, Tyne and Wear3
£99505/240.93 miGoathland Avenue, Newcastle Upon Tyne3
£1,35005/240.94 miEast Farm, Killingworth Village3
£82507/231 mi-3
£1,05005/241.02 miThe Limes, West Moor, Newcastle upon Tyne, Tyne and Wear, NE12 7PB3
£89503/251.05 mi-3
£1,05006/241.07 miGeorge Court, Forest Hall, Newcastle Upon Tyne3
£86506/241.1 mi-3
£84506/241.1 mi-3
£85005/241.12 miHadrian Court, Killingworth3
£85012/241.13 miLittondale, Wallsend, Tyne and Wear, NE28 8TZ3
£89501/251.13 mi-3
£1,15007/241.14 miNorthumbrian Way, Newcastle Upon Tyne3
£2,40006/241.15 mi-3
£2,20002/251.15 mi-3
£95007/241.16 miWhite Swan Close, Newcastle Upon Tyne3
£1,00010/231.17 mi-3
£1,20004/241.17 mi-3
£70008/241.17 mi-3
£1,60007/241.18 miRyder Court, Killingworth, NE123
£85007/241.18 miGlenfield Road, Benton, Newcastle upon Tyne, NE123
£85005/241.21 miGeorgian Court, West Moor, NE123
£1,28012/241.22 mi-3
£1,28001/251.22 mi-3
£1,25003/251.22 mi-3
£1,20002/251.23 mi-3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

4.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Price changed to £270,000

March 20, 2025

Listed for £280,000

February 24, 2025

Floor Plans

Description

  • Detached Bungalow +
  • Three Bedrooms +
  • Gardens, Driveway and Garage. +
  • No Upper Chain +
  • Freehold +
  • EPC Rating D +

* DETACHED BUNGALOW * NO UPPER CHAIN * THREE BEDROOMS *

PATTIONSONS are delighted to welcome to the market this three bedroom detached bungalow situated on the quiet cul de sac of Meadway Drive, Forest Hall. Ideally situated for access to all local amenities including schools and shops, it has great road/Metro and transport links to the A19, Newcastle city centre and all other surrounding areas.

The property is offered with no upper chain and benefits from gas central heating and double glazing, the internal accommodation briefly comprises: Entrance hallway, 21ft lounge, modern fitted kitchen, three bedrooms and shower room/WC. Externally the property has well proportioned gardens to front and rear, a driveway providing off street parking for multiple cars which leads to detached single garage.

Tenure: Freehold.
Council Tax Band: C

For further information or to arrange a viewing please contact us: forest. or .

Council Tax Band: C
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Forest Hall

0191 625 0459

Next Steps?

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