2 Bed Flat, Single Let, Newcastle upon Tyne, NE12 6YR, £51,000

14 Astley Court, Killingworth, NE12 6YR - 2 views - 23 days ago

Leasehold
Auction
BTL
ROI: 27%
68 m²
+2 photos

ValuationUndervalued

Sold Prices£53K - £122K
Sold Prices/m²£859/m² - £2.6K/m²

 

 

Square Metres

68 m²
Price/m²£750/m²

Value Estimate

£63,240
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,750

Stamp Duty & Legal Fees

£3,750

Total Cash In

£16,500

 

 

Cash Out

 

Rent Range

£550 - £1,900

Rent Estimate

£695

Running Costs/mo

£318

Cashflow/mo

£377

Cashflow/yr

£4,520

ROI

27%

Gross Yield

16%

Local Sold Prices

42 sold prices from £53K to £122K, average is £100K. £859/m² to £2.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£75K11/220 mi13 Astley Court, Broomlee Road, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6YR2
£65K02/210 mi13 Astley Court, Broomlee Road, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6YR2
£118K11/220.08 mi8, Bolam Road, Newcastle Upon Tyne, Tyne And Wear NE12 6YQ2
£97K10/230.08 mi10, Acomb Court, Newcastle Upon Tyne, Tyne And Wear NE12 6YN2
£67K04/210.08 mi9, Acomb Court, Newcastle Upon Tyne, Tyne And Wear NE12 6YN2
£105K10/220.09 mi3, Broomlee Road, Newcastle Upon Tyne, Tyne And Wear NE12 6YJ2
£105K06/240.14 mi39, White Swan Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6UG2
£92K09/210.26 mi6, Kielder Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TE2
£75K12/230.26 mi24, Kielder Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TE2
£105K07/210.26 mi37, Ryder Court, Newcastle Upon Tyne, Tyne And Wear NE12 6EE2
£103.5K02/230.26 mi6, Kielder Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TE2
£90K11/220.28 mi9, Kielder Close, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6TE2
£92K07/230.34 mi68, Bannockburn, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QJ2
£89K05/230.38 mi29, Flodden, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6NF2
£53K01/230.41 mi12, Cannock, Newcastle Upon Tyne, Tyne And Wear NE12 6QZ2
£58K04/210.43 mi11, Newbury, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PW2
£84K06/230.44 mi3, Bosworth, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6QE2
£65K04/230.49 mi13, Stamford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PY2
£90K10/200.49 mi2, Stamford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PY2
£87.5K12/200.49 mi10, Stamford, Killingworth, Newcastle Upon Tyne, Tyne And Wear NE12 6PY2
£105K09/230.66 mi21, Victoria Court, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PE2
£105K04/210.66 mi18, Victoria Court, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PE2
£100K09/230.66 mi20, Victoria Court, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7PE2
£80K06/240.68 mi15, Regents Court, Newcastle Upon Tyne, Tyne And Wear NE12 7PD2
£95K04/240.68 mi10, Regents Court, Newcastle Upon Tyne, Tyne And Wear NE12 7PD2
£67K12/220.7 mi10, Front Street, Camperdown, Newcastle Upon Tyne, Tyne And Wear NE12 5UT2
£100K11/220.71 mi34, Nicholson Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 9DP2
£108K12/230.74 mi59, Benton Lane, Newcastle Upon Tyne, Tyne And Wear NE12 7NP2
£103K08/210.77 mi8, The Copse, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JB2
£115K04/240.77 mi19, The Copse, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JB2
£116.6K05/210.77 mi6, The Copse, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JB2
£101K06/210.77 mi17, The Copse, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JB2
£112K01/230.77 mi11, The Copse, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 9JB2
£110K04/210.77 mi10, Park View Court, Newcastle Upon Tyne, Tyne And Wear NE12 7DP2
£110K12/220.8 mi50b, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£109K06/210.81 mi78, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£95K05/230.81 mi73, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£105K04/210.81 mi12, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£100K03/210.81 mi74, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£122K11/230.81 mi5, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£120.2K01/230.81 mi81, Hawks Edge, West Moor, Newcastle Upon Tyne, Tyne And Wear NE12 7DR2
£80K02/210.95 mi57, Burradon Road, Burradon, Cramlington, Tyne And Wear NE23 7NF2

Local Rents

33 rents from £550/mo to £1.9K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£94910/240.23 mi-2
£65011/230.25 mi-2
£65009/240.25 mi-2
£69512/240.42 mi-2
£79507/240.46 miGarth Sixteen, Killingworth, Newcastle Upon Tyne, NE122
£79507/240.46 mi-2
£80007/240.52 miGreenhills, Killingworth, Newcastle Upon Tyne, NE122
£70005/240.52 mi-2
£75012/230.62 mi-2
£75001/250.67 mi-2
£1,90005/240.71 mi-2
£1,80008/240.71 mi-2
£1,80001/250.71 mi-2
£1,75003/250.71 mi-2
£75005/240.76 mi-2
£55007/230.79 mi-2
£78003/240.8 mi-2
£78005/240.8 miHawks Edge, West Moor, Newcastle Upon Tyne, NE122
£75005/240.8 mi-2
£78005/240.82 miWest Moor, Newcastle Upon Tyne, NE122
£78003/240.82 mi-2
£85005/240.88 miWhitfield Road, Newcastle Upon Tyne2
£97507/240.91 miCygnet Park, Killingworth, NE12 5AS2
£98512/240.91 miPinetree Avenue, Killingworth, NE122
£91505/240.92 miLinden Court, Forest Hall, North Tyneside2
£92007/240.99 mi-2
£91005/240.99 miLinden Court, Forest Hall, NE122
£72505/241.01 miCrossley Terrace, Palmersville2
£77507/241.01 miCrossley Terrace, Palmersville2
£70005/241.06 miWoodside Crescent, Forest Hall, Newcastle upon Tyne, NE122
£69505/241.06 miBamford Terrace, Newcastle Upon Tyne, NE122
£69503/241.06 mi-2
£65012/241.22 miBoston Court, Palmersville, 2

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

3.96 miles away

Nearest school

0.20 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £51,000

March 11, 2025

Floor Plans

Description

  • Auction Property +
  • Upper Flat +
  • Good Size Lounge/Dining Room +
  • Fantastic Views +
  • Two Good Sized Bedrooms +
  • On Street Parking +
  • No Onward Chain +
  • Ideal For Investors +
  • Leasehold +
  • Council Tax Band A +

* AUCTION PROPERTY * For sale by Modern Method of Auction, Starting Bid Price £51,000 plus Reservation Fee.
A purpose built TOP FLOOR FLAT with the added security benefit of being on an upper floor and enjoying open, bright and airy panoramic views. The property is on the edge of Killingworth centre, well placed for easy access to all amenities. The accommodation briefly comprises, communal entrance lobby with stairs off to upper landing, inner hallway, spacious lounge/diner, well fitted kitchen, two large bedrooms and a bathroom/WC. Externally there is parking. Ideal for potential investors, priced for immediate sale.
The property is for sale by The Great North Property Auction powered by iam-sold Ltd, tel: ,

Agent Details

Cooke & Co, Whitley Bay

0191 625 0863

Next Steps?

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