3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE12 8DP, £142,500

Wheatfield Grove, Newcastle upon Tyne, Tyne and Wear, NE12 8DP - 1 views - 6 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£86K - £290K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£170,612
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,625

Stamp Duty & Legal Fees

£5,475

Total Cash In

£41,100

 

 

Cash Out

 

Rent Range

£845 - £1,400

Rent Estimate

£861

Running Costs/mo

£638

Cashflow/mo

£223

Cashflow/yr

£2,682

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £86K to £290K, average is £160K. £1K/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£160K06/210.07 mi21, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DL3
£146K01/240.07 mi29, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DL3
£140K03/230.09 mi69, Wheatfield Grove, Longbenton, Newcastle Upon Tyne, Tyne And Wear NE12 8DP3
£108.5K02/240.09 mi85, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8EA3
£108.5K02/240.09 mi85, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8EA3
£86K02/210.1 mi7, Denbeigh Place, Newcastle Upon Tyne, Tyne And Wear NE12 8DE3
£130K11/220.1 mi12, Hailsham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HJ3
£120K06/240.11 mi2, Marlow Place, Newcastle Upon Tyne, Tyne And Wear NE12 8HR3
£151.8K10/200.11 mi7, Lambourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£163.2K05/210.11 mi5, Lambourn Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£188.6K02/230.11 mi4, Lambourn Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£192K08/230.11 mi13, Lambourne Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8DQ3
£160K05/230.11 mi6, Ringwood Green, Newcastle Upon Tyne, Tyne And Wear NE12 8DR3
£145K10/200.13 mi15, Balliol Mews, Newcastle Upon Tyne, Tyne And Wear NE12 8BF3
£127.5K12/200.14 mi2, Tenbury Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 8BY3
£157K06/230.14 mi10, Tenbury Crescent, Newcastle Upon Tyne, Tyne And Wear NE12 8BY3
£160K12/220.14 mi2, Ashdown Way, Newcastle Upon Tyne, Tyne And Wear NE12 8DT3
£210K03/230.17 mi67, Elmsford Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8HU3
£185K02/230.21 mi49, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8DY3
£109.8K04/210.23 mi7, Altan Place, Newcastle Upon Tyne, Tyne And Wear NE12 8EL3
£120K08/230.23 mi10, Altan Place, Newcastle Upon Tyne, Tyne And Wear NE12 8EL3
£175K03/230.23 mi2, Wheatfield Grove, Longbenton, Newcastle Upon Tyne, Tyne And Wear NE12 8DN3
£110K01/210.23 mi3, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HA3
£110K01/210.23 mi3, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8HA3
£150K10/230.23 mi30, Goathland Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8LE3
£237.8K10/200.24 mi4, Ashleigh Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 8EY3
£95K12/230.24 mi30, Ashleigh Grove, Forest Hall, Newcastle Upon Tyne, Tyne And Wear NE12 8EY3
£245.5K01/210.25 mi28, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£165K11/200.25 mi29, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£220K09/210.25 mi29, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£270K06/230.25 mi27, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£255K10/230.25 mi19, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£250K10/230.25 mi15, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£290K06/240.25 mi12, Beech Grove, Newcastle Upon Tyne, Tyne And Wear NE12 8LA3
£200K03/230.25 mi7, Whitfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 8LD3
£275K04/210.25 mi25, Whitfield Drive, Newcastle Upon Tyne, Tyne And Wear NE12 8LD3
£255K01/210.26 mi38, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£205K01/210.26 mi24, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£260K06/230.26 mi6, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£250K12/220.26 mi22, Sandringham Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8JX3
£124K01/210.27 mi20, Yewburn Way, Newcastle Upon Tyne, Tyne And Wear NE12 8LL3
£130K05/210.27 mi27, Yewburn Way, Newcastle Upon Tyne, Tyne And Wear NE12 8LL3
£133K07/210.27 mi41, Glenfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8DX3
£148K06/210.28 mi44, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£290K11/200.28 mi8, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£158.3K06/230.28 mi38, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£177K11/230.28 mi25, Victoria Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8AX3
£140K03/240.29 mi8, Myreside Place, Newcastle Upon Tyne, Tyne And Wear NE12 8EB3
£165K12/230.31 mi34, Skelder Avenue, Newcastle Upon Tyne, Tyne And Wear NE12 8LJ3
£122K06/210.31 mi18, Rushall Place, Newcastle Upon Tyne, Tyne And Wear NE12 8LR3
£278K03/210.33 mi38, Eastfield Road, Newcastle Upon Tyne, Tyne And Wear NE12 8BD3

Local Rents

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

RentDateDistanceAddressBeds 
£99505/240.14 miGoathland Avenue, Newcastle Upon Tyne3
£85007/240.27 miGlenfield Road, Benton, Newcastle upon Tyne, NE123
£1,00010/230.31 mi-3
£1,20004/240.31 mi-3
£1,28012/240.34 mi-3
£1,28001/250.34 mi-3
£1,25003/250.34 mi-3
£1,40006/240.36 miSouthfield Road, Benton, Tyne and Wear3
£87502/250.44 mi-3
£99502/240.52 mi-3
£1,25010/240.53 mi-3
£1,19512/240.54 mi-3
£99512/240.56 mi-3
£86506/240.56 mi-3
£84506/240.56 mi-3
£1,37508/240.57 mi-3
£1,20003/250.59 mi-3
£1,35007/240.6 miWhitfield Road, Newcastle Upon Tyne3
£1,20012/240.61 miBlackfriars Way, Longbenton, Newcastle upon Tyne, NE123
£99503/250.62 mi-3

Local Area Statistics

Population in NE12

34,654

Population in Newcastle upon Tyne

381,037

Town centre distance

3.35 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 £142,500

October 1, 2024

Floor Plans

Description

  • Three bedroom semi detached house +

  • Large corner plot +

  • Offered with no onward chain +

  • EPC to follow +

  • Council Tax Band A, North Tyneside Council +

This lovely three-bedroom semi-detached family home is situated on a generous corner plot, featuring gardens to three sides, offering ample outdoor space for relaxation and play. With no onward chain, the property is ready to move into, making it a perfect choice for buyers seeking a smooth and hassle-free transition.

The home is located in an excellent area, close to local transport links, including the convenient Four Lane Ends Metro Station, ensuring easy access to surrounding areas. Whether you're a growing family or a first-time buyer, this home offers both comfort and convenience in a desirable location.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

WSD240403/2

Agent Details

YOUR MOVE Chris Stonock, Wallsend

0191 625 0241

Next Steps?

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