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

Sold Prices£45K - £260K
Sold Prices/m²£618/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£100,381

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

£599

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £45K to £260K, average is £105K. £618/m² to £2.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£100K07/210.08 mi25, Coventry Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DX2
£114K11/200.12 mi17, Eastgate Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DR2
£87.5K10/200.12 mi8, Eastgate Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DR2
£120K08/230.12 mi24, Eastgate Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DR2
£101K04/210.16 mi27, Clovelly Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8SD2
£130K11/210.16 mi62, Clifton Road, Newcastle Upon Tyne, Tyne And Wear NE4 8DQ2
£100K02/210.16 mi53, Clovelly Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8SE2
£70K04/230.2 mi5, Cochrane Court, Newcastle Upon Tyne, Tyne And Wear NE4 8DA2
£75K05/230.26 mi36, Nichol Court, Newcastle Upon Tyne, Tyne And Wear NE4 8BY2
£70K07/210.26 mi4, Nichol Court, Newcastle Upon Tyne, Tyne And Wear NE4 8BY2
£62.5K03/230.33 mi144, Atkinson Road, Newcastle Upon Tyne, Tyne And Wear NE4 8XS2
£95K05/210.33 mi144, Atkinson Road, Newcastle Upon Tyne, Tyne And Wear NE4 8XS2
£85K10/220.36 mi10, Ashtree Close, Newcastle Upon Tyne, Tyne And Wear NE4 6ST2
£91K10/200.36 mi18, Ashtree Close, Newcastle Upon Tyne, Tyne And Wear NE4 6ST2
£77K04/210.36 mi17, Ashtree Close, Newcastle Upon Tyne, Tyne And Wear NE4 6ST2
£45K11/210.37 mi50, Condercum Road, Newcastle Upon Tyne, Tyne And Wear NE4 9JE2
£115K11/220.38 mi67, Bentinck Road, Newcastle Upon Tyne, Tyne And Wear NE4 6UU2
£65K01/230.43 mi232, Farndale Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TY2
£127K06/210.49 mi5, Heyburn Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QT2
£154K01/230.5 mi7, Heyburn Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QT2
£75K12/230.52 mi32, Oakfield Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QU2
£131K03/230.52 mi46, Oakfield Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QU2
£135.5K06/230.54 mi26, Weidner Road, Newcastle Upon Tyne, Tyne And Wear NE15 6QQ2
£105.5K12/230.55 mi15, Springhill Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QS2
£110K07/210.55 mi6, Springhill Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QS2
£145K01/230.55 mi18, Springhill Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QS2
£80K11/200.56 mi35, Beech Grove Road, Newcastle Upon Tyne, Tyne And Wear NE4 6RS2
£55K01/230.56 mi28, Britannia Place, Newcastle Upon Tyne, Tyne And Wear NE4 6TU2
£110K03/240.58 mi3, Broomridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6QN2
£105K03/230.59 mi6, Westholme Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QL2
£86K12/220.62 mi53, Westholme Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QJ2
£90K02/230.66 mi7, Oliver Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9HQ2
£170K08/220.66 mi4, Hall Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9HX2
£47K02/230.67 mi13, Tamworth Road, Newcastle Upon Tyne, Tyne And Wear NE4 5AJ2
£178.5K03/210.67 mi75, Sidney Grove, Newcastle Upon Tyne, Tyne And Wear NE4 5PD2
£180K02/210.67 mi39, Sidney Grove, Newcastle Upon Tyne, Tyne And Wear NE4 5PD2
£135K10/230.68 mi44, Denhill Park, Newcastle Upon Tyne, Tyne And Wear NE15 6QH2
£100K10/230.72 mi31, Dilston Road, Newcastle Upon Tyne, Tyne And Wear NE4 5AB2
£130K09/230.72 mi96, Sutherland Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9NQ2
£105K11/220.74 mi12, Hawthorn Terrace, Newcastle Upon Tyne, Tyne And Wear NE4 6RJ2
£142K12/200.74 mi20, Fenham Road, Newcastle Upon Tyne, Tyne And Wear NE4 5PB2
£95K06/240.75 mi21, Greywood Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9PA2
£140K12/220.76 mi2, Somerset Place, Newcastle Upon Tyne, Tyne And Wear NE4 6JU2
£122.5K11/220.79 mi22, Havelock Place, Newcastle Upon Tyne, Tyne And Wear NE4 6JT2
£260K01/240.79 mi80, Sidney Grove, Newcastle Upon Tyne, Tyne And Wear NE4 5PE2
£192K07/230.81 mi111, Brighton Grove, Newcastle Upon Tyne, Tyne And Wear NE4 5NT2
£85K05/210.85 mi61, Benwell Village Mews, Newcastle Upon Tyne, Tyne And Wear NE15 6LF2
£87.5K02/210.85 mi38, Benwell Village Mews, Newcastle Upon Tyne, Tyne And Wear NE15 6LF2
£150K07/240.85 mi35, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FF2
£122K12/200.88 mi26, Bittern Close, Dunston, Gateshead, Tyne And Wear NE11 9FG2

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 💪