3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE15 6SB, £125,000

St. James Gardens, Benwell, Newcastle upon Tyne, Tyne and Wear, NE15 6SB - 1 views - 9 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+1 photos

ValuationOvervalued

Sold Prices£55K - £230K
Sold Prices/m²£631/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£114,665

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£600 - £2,100

Rent Estimate

£688

Running Costs/mo

£548

Cashflow/mo

£140

Cashflow/yr

£1,677

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £55K to £230K, average is £125.5K. £631/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£112.3K11/200.04 mi27, Bishops Road, Newcastle Upon Tyne, Tyne And Wear NE15 6RY3
£110K06/210.05 mi30, Benwell Grange Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6RP3
£101K05/210.08 mi306, Armstrong Road, Newcastle Upon Tyne, Tyne And Wear NE15 6JB3
£86K12/200.12 mi35, Benwell Grange Terrace, Newcastle Upon Tyne, Tyne And Wear NE15 6RL3
£159K03/230.12 mi22, Benwell Grange Terrace, Newcastle Upon Tyne, Tyne And Wear NE15 6RL3
£131K02/230.12 mi25, Benwell Grange Terrace, Newcastle Upon Tyne, Tyne And Wear NE15 6RL3
£80K09/230.13 mi308, Armstrong Road, Newcastle Upon Tyne, Tyne And Wear NE15 6JB3
£77K10/200.15 mi70, Bilbrough Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8YA3
£137K03/230.16 mi28, Hodgkin Park Road, Benwell, Newcastle Upon Tyne, Tyne And Wear NE15 6RH3
£110K09/230.16 mi24, Hodgkin Park Road, Benwell, Newcastle Upon Tyne, Tyne And Wear NE15 6RH3
£105K11/200.17 mi10, Hodgkin Park Crescent, Newcastle Upon Tyne, Tyne And Wear NE15 6RQ3
£156K06/240.17 mi28, Hodgkin Park Crescent, Newcastle Upon Tyne, Tyne And Wear NE15 6RQ3
£133K02/230.26 mi120 - 122, Condercum Road, Newcastle Upon Tyne, Tyne And Wear NE4 9JE3
£135.5K08/230.31 mi30, Pendower Way, Newcastle Upon Tyne, Tyne And Wear NE15 6SP3
£125K07/230.34 mi208, Condercum Road, Newcastle Upon Tyne, Tyne And Wear NE4 9JD3
£85K02/210.34 mi23, Rushie Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6LU3
£73K11/200.36 mi16, Ellesmere Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TS3
£153.6K12/210.36 mi41, Weidner Road, Newcastle Upon Tyne, Tyne And Wear NE15 6QR3
£150K10/230.36 mi43, Broomridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6QN3
£150K10/230.36 mi43, Broomridge Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6QN3
£135K03/240.36 mi19, Gill Street, Newcastle Upon Tyne, Tyne And Wear NE4 8BH3
£95K03/210.36 mi81, Canning Street, Newcastle Upon Tyne, Tyne And Wear NE4 8UH3
£215K08/220.37 mi50, Bellshiel Grove, Newcastle Upon Tyne, Tyne And Wear NE15 6BG3
£135K12/230.39 mi35, Westholme Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QJ3
£55K02/210.41 mi63, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£77K05/210.41 mi50, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£60K05/210.41 mi45, Ladykirk Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AH3
£125K07/230.41 mi40, Springhill Gardens, Newcastle Upon Tyne, Tyne And Wear NE15 6QS3
£108.5K02/210.43 mi9, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£108.5K02/210.43 mi9, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£130K07/240.43 mi7, Teindland Close, Newcastle Upon Tyne, Tyne And Wear NE4 8HE3
£105K07/210.43 mi21, Bertram Crescent, Newcastle Upon Tyne, Tyne And Wear NE15 6PX3
£85K07/210.45 mi75, Fairholm Road, Newcastle Upon Tyne, Tyne And Wear NE4 8AT3
£156.5K11/210.45 mi65, Featherwood Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6BW3
£129K02/230.46 mi89, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£126K09/210.46 mi101, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£137K06/230.46 mi27, Normount Road, Newcastle Upon Tyne, Tyne And Wear NE4 8SH3
£145K06/220.48 mi11, Coventry Gardens, Newcastle Upon Tyne, Tyne And Wear NE4 8DX3
£175K02/230.48 mi32, Clovelly Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8SE3
£110K01/210.52 mi207, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TP3
£75K11/210.52 mi204 - 206, Hampstead Road, Newcastle Upon Tyne, Tyne And Wear NE4 8TP3
£159.9K09/230.52 mi42, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£127K02/240.52 mi46, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£155K06/210.52 mi13, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£230K10/220.53 mi66, Shipley Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 9RA3
£117K08/210.53 mi41, Adair Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6QD3
£210K07/220.53 mi21, Cliftonville Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8RT3
£85K08/210.53 mi7, Dipton Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8DT3
£140K07/230.54 mi12, Normount Avenue, Newcastle Upon Tyne, Tyne And Wear NE4 8AR3
£115K03/230.55 mi16, Pease Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 6PU3

Local Rents

19 rents from £600/mo to £2.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£60006/240.14 miJoan Street, Benwell, Newcastle Upon Tyne3
£1,30006/240.22 mi-3
£1,30006/240.22 miEthel Street, Newcastle Upon Tyne, NE43
£85002/250.37 mi-3
£85002/250.37 mi-3
£95003/250.39 mi-3
£1,10005/240.41 miChester Pike, The Rise, Newcastle upon Tyne, NE153
£1,30012/240.43 miFeatherwood Avenue, Newcastle Upon Tyne3
£65011/240.43 mi-3
£70012/240.43 mi-3
£95002/250.46 mi-3
£2,10005/240.5 mi-3
£1,10002/250.51 mi-3
£95006/240.52 miWest Road, Westerhope, Newcastle upon Tyne, NE43
£1,35012/240.52 mi-3
£1,35007/240.52 mi-3
£1,25006/240.55 miFeatherwood Avenue, Newcastle Upon Tyne, Tyne and Wear, NE153
£1,25006/240.55 miFeatherwood Avenue, Newcastle Upon Tyne, Tyne and Wear, NE153
£1,10005/240.6 miChesterholm Avenue, The Rise, Newcastle Upon Tyne, Tyne and Wear, NE153

Local Area Statistics

Population in NE15

32,552

Population in Newcastle upon Tyne

381,037

Town centre distance

2.65 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £125,000

June 27, 2024

Description

  • Semi Detached House - Three Bedrooms +
  • New Roof Installed 2024 +
  • Popular Location +
  • Close to Amenities +

Charming 3 Bedroom Semi-Detached in Benwell - Potential to Shine!

Calling all home improvers! This delightful 3 bedroom semi-detached property on St James Gardens offers a fantastic opportunity to create your dream home. The house has recently benefited from a brand new roof, providing peace of mind for years to come.

Ready to personalise: While the interior awaits your modern touch, the spacious layout provides a great foundation. Imagine cozy nights in the living room, or family meals in the bright and airy dining area. Upstairs, three bedrooms offer versatility for families or those who work from home.

Convenience at your doorstep: Located in the popular Benwell area, you'll enjoy excellent access to shops, amenities, and transport links. Whether you need your daily essentials or a quick commute into the city center, everything is within easy reach.

Don't miss out on this fantastic opportunity! This charming home is perfect for first-time buyers, growing families, or investors. Book your viewing today and unleash your creative vision!

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 💪