2 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE4 8DX, £129,950

Coventry Gardens, Grainger Park, Newcastle upon Tyne, Tyne and Wear, NE4 8DX - 17 days ago

BTL
ROI: 2%
~68 m²
+6 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£5,099

Total Cash In

£37,586

 

 

Cash Out

 

Rent Range

£595 - £1,125

Rent Estimate

£595

Running Costs/mo

£545

Cashflow/mo

£50

Cashflow/yr

£600

ROI

2%

Gross Yield

5%













Local Rents

29 rents from £595/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£60006/240.07 miAxbridge Gardens, Newcastle upon Tyne, NE42
£69507/240.07 mi-2
£59512/240.07 mi-2
£59507/240.07 miAxbridge Gardens, Newcastle Upon Tyne, NE42
£72506/240.08 miBrancepeth Avenue, Newcastle Upon Tyne2
£72507/240.08 miBrancepeth Avenue, Newcastle Upon Tyne2
£85007/240.24 mi-2
£85003/250.24 mi-2
£80012/240.29 mi-2
£85006/240.36 mi-2
£67505/240.38 miMarie Curie Drive, Elswick2
£65006/240.38 miMarie Curie Drive, Newcastle Upon Tyne2
£65006/240.38 miMarie Curie Drive, Newcastle Upon Tyne2
£80012/240.38 mi-2
£85005/240.38 mi-2
£80007/240.39 mi191 Hampstead Road 2
£79505/240.39 miHampstead Road, Newcastle Upon Tyne, NE42
£1,12501/250.44 mi-2
£89505/240.45 mi-2
£99501/250.45 mi-2
£75005/240.49 miFenham, Newcastle upon Tyne2
£80012/240.5 mi-2
£65006/240.5 mi-2
£87511/240.53 mi-2
£80005/240.56 mi-2
£82506/240.57 miHartington Street, Elswick, Newcastle-upon-Tyne2
£85006/240.57 miSovereign Place, Newcastle upon Tyne, Tyne and Wear, NE42
£90003/250.58 mi-2
£95007/240.6 miWingrove Avenue, Newcastle upon Tyne2

Local Area Statistics

Population in NE4

37,915

Population in Newcastle upon Tyne

381,037

Town centre distance

2.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £129,950

February 28, 2025

Description

  • Semi Detached House +
  • Two Bedrooms +
  • Two Bathrooms +
  • Off Street Parking +
  • Viewing Recommended +

Two Reception Rooms - Two Bathrooms - Off Street Parking

We have the pleasure to offer for sale this appealing two bedroom semi detached house located on Coventry Gardens, Grainger Park. The property is close to an excellent range of shops, has great bus links to Newcastle city centre and benefits from a number of local schools. The accommodation briefly comprises: entrance hallway, lounge, dining room, kitchen, utility, bathroom, stairs to first floor, two bedrooms (both double) and further family bathroom. The property has off street parking to the front and a garden to the rear. We would highly recommend an early viewing to fully appreciate the property on offer. For more information contact the West Road branch.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, West Road

0191 625 0804

Next Steps?

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