3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE16 6PB, £100,000

Gibeside Crescent Burnopfield, Newcastle Upon Tyne , NE16 6PB - 13 days ago

Auction
BTL
ROI: 5%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£100K - £290K
Sold Prices/m²£1K/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£121,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£500 - £1,800

Rent Estimate

£563

Running Costs/mo

£445

Cashflow/mo

£118

Cashflow/yr

£1,415

ROI

5%

Gross Yield

7%

Local Sold Prices

22 sold prices from £100K to £290K, average is £141.1K. £1K/m² to £2.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£147.5K12/220.06 mi5, Ravensworth Crescent, Burnopfield, Newcastle Upon Tyne, Tyne And Wear NE16 6PE3
£260K07/210.64 mi31, Oakfields, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6PQ3
£172.6K12/220.67 mi4, Grove Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NP3
£220K05/210.68 mi3, Oakfields, Burnopfield, Newcastle Upon Tyne, Durham NE16 6PQ3
£187K06/210.7 mi17, Busty Bank, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NF3
£120K10/200.74 mi40, Sheephill, Burnopfield, Newcastle Upon Tyne, Durham NE16 6NB3
£130K02/230.78 mi12, Beech Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DT3
£122.5K08/230.78 mi7, Fir Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DP3
£118K09/210.78 mi7, Fir Terrace, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DP3
£130K01/230.78 mi27, Westwood Close, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NQ3
£127K07/240.78 mi4, Beech Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DT3
£182K03/240.79 mi31, Hazel Grove, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DU3
£200K01/230.79 mi3, Hazel Grove, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DU3
£200K10/210.83 mi15, Westwood Close, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6NQ3
£290K06/230.88 miRoseleigh, Front Street, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6PT3
£128K11/220.95 mi14, Park Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QD3
£145K07/240.95 mi6, Park Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QD3
£110K07/230.97 mi4, Cuthbert Street, Marley Hill, Newcastle Upon Tyne, Tyne And Wear NE16 5DP3
£155K05/240.98 mi59, Lilac Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QF3
£115K08/240.98 mi2, Wood Street, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QG3
£137.3K01/210.98 mi12, Wood Street, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6QG3
£100K12/160.98 mi9, Church Street, Marley Hill, Newcastle Upon Tyne, Tyne And Wear NE16 5DW-

Local Rents

50 rents from £500/mo to £1.8K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75005/240.65 miRaglan Place, Newcastle Upon Tyne2
£75003/240.76 mi-3
£70003/250.76 mi-3
£1,25006/240.86 miMarley Hill, Marley Hill, Newcastle upon Tyne, Tyne and Wear, NE16 5DT3
£95006/240.97 miDene View, Burnopfield, NE163
£89505/241.01 miLilac Crescent, Burnopfield, NE163
£50006/241.02 miCuthbert Street, Marley Hill, Newcastle Upon Tyne, NE162
£69503/241.25 mi-2
£85002/241.25 mi-3
£75009/241.29 mi-2
£59506/241.32 miDunnock Drive, Sunniside, Newcastle upon Tyne, NE162
£75010/241.33 mi-3
£70003/251.33 mi-2
£65006/241.34 miKingsway, Sunniside, NE162
£62510/231.34 mi-2
£62506/241.34 miKingsway, Sunniside, NE162
£74511/241.36 mi-2
£65005/241.39 miBirch Mews, Burnopfield, Newcastle upon Tyne, Durham, NE16 6LL2
£65011/231.4 mi-2
£67505/241.4 mi-2
£68006/241.41 miCausey Row, Newcastle Upon Tyne, Tyne and Wear, NE16 5EJ1
£75005/241.41 miBurnopfield Road, Rowlands Gill, NE393
£62505/241.44 miSyke Road, Burnopfield, Newcastle upon Tyne, Durham, NE16 6HD2
£1,00005/241.48 miStation Road, Rowlands Gill, NE392
£75002/251.48 mi-2
£69506/241.5 miGaresfield Gardens, Burnopfield2
£75007/241.52 miBriardene, Burnopfield2
£82501/251.55 mi-2
£1,10006/241.58 miThe Meadows, Burnopfield, Newcastle upon Tyne, NE163
£75002/251.58 mi-2
£62512/231.59 mi-2
£1,80006/241.73 miPrimrose Drive, Sunniside, Newcastle Upon Tyne, Tyne and Wear, NE164
£1,20005/241.8 miCarrsyde Close, Whickham, Newcastle Upon Tyne, NE163
£1,20009/231.82 mi-3
£1,20009/241.82 mi-3
£85011/241.85 mi-2
£55008/231.91 mi-3
£65006/241.91 miFellside Mews, Whickham, Newcastle Upon Tyne2
£75007/241.93 miMarston Walk, Whickham2
£75005/241.95 mi-3
£75010/242.01 mi-2
£67505/242.16 miHolly Avenue, Winlaton Mill, NE212
£67503/242.16 mi-2
£82505/242.16 miValley View, Rowlands Gill3
£1,50012/242.18 miThe Tiley at High Steads, Durham, DH93
£75008/242.26 mi-2
£75006/242.3 miWhaggs Lane, Whickham, Newcastle Upon Tyne, NE162
£57508/232.34 mi-2
£75007/242.34 miBullfinch Drive, Whickham2
£52004/242.35 mi-2

Local Area Statistics

Population in NE16

25,637

Population in Newcastle upon Tyne

381,037

Town centre distance

6.93 miles away

Nearest school

0.10 miles away

Nearest train station

3.65 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £100,000

March 3, 2025

Description

  • OFFERED VIA MODERN AUCTION VIA IAMSOLD - REALISTICALLY PRICED.. +
  • SEMI DETACHED HOUSE - THREE BEDROOMS +
  • KITCHEN +
  • LOUNGE +
  • GROUND FLOOR CLOAKS/WC +
  • GARDENS FRONT AND REAR +
  • OFF STREET PARKING +
  • BREATHTAKING VIEWS +
  • NO UPPER CHAIN and PRICED TO SELL QUICKLY +
  • CALL TO ARRANGE YOUR VIEWING +

OFFERED VIA MODERN AUCTION VIA IAMSOLD - REALISTICALLY PRICED..........Swift Moves would like to offer to the Auction this property with VACANT POSSESSIONSWIFT MOVES AWARD WINNING ESTATE AGENTS are delighted to offer for sale this lovely three bedroom semi detached property benefitting no onward chain and offering breath taking views across the adjacent Derwent Valley located in Byermoor, just outside of Burnopfield.Internally the property briefly comprises:- Entrance hall, ground floor WC, lounge, dining room, kitchen with fitted wall and floor units. To the first floor off the landing there are three generous sized bedrooms, two of which with beautiful views and a family bathroom.Externally, there is a small garden to the front with driveway providing off street parking and a garden to the rear laid mainly to lawn. Overall a great freehold property with, gas central heating and double glazing that would make an ideal purchase for the first time buyers, families or investors alike. PRICED TO SELL
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. #/?channel=RES_BUY

NO UPPER CHAIN CALL THE AUCTION TEAM FOR FURTHER DETAILS:

Agent Details

Swift Moves, Washington

0191 625 0866

Next Steps?

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