3 Bed Flat, Single Let, Wallsend, NE28 6TQ, £65,000
Laurel Street, Wallsend, Tyne and Wear, NE28 6TQ - 1 views - 18 days ago
Leasehold
BTL
ROI: 20%
~93 m²





+3 photos
ValuationUndervalued
Sold Prices | £45K - £154K |
Sold Prices/m² | £429/m² - £1.4K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £699/m² |
Value Estimate | £80,600 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £16,250 |
Stamp Duty & Legal Fees | £4,450 |
Total Cash In | £20,700 |
| |
Cash Out | |
Rent Range | £600 - £1,200 |
Rent Estimate | £706 |
Running Costs/mo | £364 |
Cashflow/mo | £342 |
Cashflow/yr | £4,100 |
ROI | 20% |
Gross Yield | 13% |
Local Sold Prices
37 sold prices from £45K to £154K, average is £76K. £429/m² to £1.4K/m², average is £1K/m².
Local Rents
13 rents from £600/mo to £1.2K/mo, average is £850/mo.
Local Area Statistics
Population in NE28 | 44,519 |
Population in Wallsend | 44,520 |
Town centre distance | 0.96 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 1.22 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +43% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £65,000
March 20, 2025
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
Sold STC
2 Bed Flat, Single Let, Wallsend, NE28 6JJ
£80,000
2 months ago • 68 m²
Sold STC
4 Bed House, Single Let, Wallsend, NE28 0BJ
£325,000
3 views • 19 days ago • 129 m²
4 Bed House, Single Let, Wallsend, NE28 0BJ
£270,000
3 views • 6 months ago • 125 m²
2 Bed Flat, Single Let, Wallsend, NE28 6QF
£70,000
4 views • 9 months ago • 58 m²