3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE12 8DD, £110,000

Radstock Place, Longbenton, Newcastle upon Tyne, NE12 8DD - 1 views - a month ago

Auction
BTL
ROI: 11%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£86K - £346.5K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£137,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£845 - £1,400

Rent Estimate

£863

Running Costs/mo

£536

Cashflow/mo

£327

Cashflow/yr

£3,920

ROI

11%

Gross Yield

9%

Local Sold Prices

51 sold prices from £86K to £346.5K, average is £177K. £1K/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£86K02/210.06 mi7, Denbeigh Place, Newcastle Upon Tyne, Tyne And Wear NE12 8DE3
£127.5K12/200.07 mi2, Tenbury Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 8BY3
£157K06/230.07 mi10, Tenbury Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 8BY3
£160K06/210.09 mi21, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DL3
£146K01/240.09 mi29, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DL3
£130K11/220.15 mi12, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HJ3
£237.8K10/200.17 mi4, Ashleigh Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 8EY3
£95K12/230.17 mi30, Ashleigh Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 8EY3
£108.5K02/240.17 mi85, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8EA3
£108.5K02/240.17 mi85, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8EA3
£148K06/210.17 mi44, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£290K11/200.17 mi8, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£158.3K06/230.17 mi38, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£177K11/230.17 mi25, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£245.5K01/210.18 mi28, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£165K11/200.18 mi29, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£220K09/210.18 mi29, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£270K06/230.18 mi27, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£255K10/230.18 mi19, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£250K10/230.18 mi15, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£290K06/240.18 mi12, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£120K06/240.18 mi2, Marlow Place, Newcastle Upon Tyne, Tyne And Wear NE12 8HR3
£140K03/230.19 mi69, Wheatfield Grove, Longbenton, Newcastle Upon Tyne, Tyne And Wear NE12 8DP3
£151.8K10/200.19 mi7, Lambourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£163.2K05/210.19 mi5, Lambourn Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£188.6K02/230.19 mi4, Lambourn Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£192K08/230.19 mi13, Lambourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£255K01/210.2 mi38, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£205K01/210.2 mi24, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£260K06/230.2 mi6, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£250K12/220.2 mi22, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£160K05/230.22 mi6, Ringwood Green, Newcastle Upon Tyne, Tyne And Wear NE12 8DR3
£200K03/230.23 mi7, Whitfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 8LD3
£275K04/210.23 mi25, Whitfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 8LD3
£160K12/220.24 mi2, Ashdown Way, Newcastle Upon Tyne, Tyne And Wear NE12 8DT3
£210K03/230.26 mi67, Elmsford Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8HU3
£192K01/230.26 mi13, Cambridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AR3
£175K10/230.26 mi5, Cambridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AR3
£291K01/210.27 mi11, Glebe Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9NS3
£202.3K07/210.27 mi15, Glebe Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9NS3
£337.5K01/230.27 mi11, Glebe Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 9NS3
£147K04/210.29 mi8, Avondale Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 7HT3
£185K02/230.3 mi49, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8DY3
£278K03/210.31 mi38, Eastfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8BD3
£340K03/210.31 mi11, Lyndhurst Road, Newcastle Upon Tyne, Tyne And Wear NE12 9NT3
£109.8K04/210.32 mi7, Altan Place, Newcastle Upon Tyne, Tyne And Wear NE12 8EL3
£120K08/230.32 mi10, Altan Place, Newcastle Upon Tyne, Tyne And Wear NE12 8EL3
£150K10/230.32 mi30, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8LE3
£110K01/210.32 mi3, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HA3
£110K01/210.32 mi3, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HA3
£346.5K09/210.33 mi29, Clifton Terrace, Newcastle Upon Tyne, Tyne And Wear NE12 9NP3

Local Rents

17 rents from £845/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99505/240.18 miGoathland Avenue, Newcastle Upon Tyne3
£1,40006/240.35 miSouthfield Road, Benton, Tyne and Wear3
£85007/240.37 miGlenfield Road, Benton, Newcastle upon Tyne, NE123
£1,00010/230.4 mi-3
£1,20004/240.4 mi-3
£1,28012/240.43 mi-3
£1,28001/250.43 mi-3
£1,25003/250.43 mi-3
£1,25009/240.46 mi-3
£1,37508/240.48 mi-3
£1,35007/240.51 miWhitfield Road, Newcastle Upon Tyne3
£87502/250.54 mi-3
£89503/250.56 mi-3
£86506/240.58 mi-3
£84506/240.58 mi-3
£1,19512/240.6 mi-3
£1,34504/250.6 mi-3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

3.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £110,000

March 17, 2025

Floor Plans

Description

  • Semi-detached Home +
  • Non Standard Construction +
  • Large Plot +
  • Great Potential +
  • Three Bedrooom +
  • Kitchen +
  • Utility Room +
  • Spacious +

Conditional Auction (option 2)   Online bidding will be opening 24/4/2025 at 9:00 Disclaimer One  This property is to be sold via conditional auction (option 2). The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property. After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.  Disclaimer Two  Every auction property comes with a guide price and a reserve price. The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction. The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer. It may be up to 10% higher than the guide price.  Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.  Disclaimer Three  At your request we can refer you to a Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.  Reservation Fee  This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.  Legal Pack  A legal pack will be available to download before the auctions end date.We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.  Registration   To register to bid for this property please copy the link below into your browser.  northwoodauctionne.com  Particulars  We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: D. Tenure: Freehold,

Agent Details

Northwood, Benton

0191 266 4455

Next Steps?

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