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3 bed flat for sale

£45,000 Offers in region of

Scarborough Road, Newcastle Upon Tyne NE6

3 bed flat for sale 3 1 1
Interested in this property? Call +44 1964 262036 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Investment opportunity
  • Tenanted property
  • Rental income: £425pcm
  • Upper flat
  • 3 bedrooms
  • On street parking
  • Gas central heating
  • UPVC double glazing
  • Council tax band A
  • Leasehold; Expires: 04/12/3001

Property description

Armstrong Sales and Lettings welcome to the sales investment market this tenanted 3 bedroom upper floor flat situated on Scarborough Road, in Newcastle Upon Tyne. This property briefly comprises of entrance and stairs leading into 3 bedrooms, lounge, kitchen and bathroom, with rear stairs for rear access to the shared garden area, whilst benefitting from gas central heating and UPVC double glazing throughout. On street parking is available with no parking restrictions, as well as being situated close to major bus links, local shops and amenities.

This property is currently achieving a rental income of £425pcm. Council tax band A. Leasehold; expiry date: 04/12/3001. Selective Licence property.

Please contact the office to arrange viewings.

Property info

Property value data/graphs for NE6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £196,670 £159 2.8 £202,300
Semi-detached £162,227 £152 3.0 £174,752
Terraced £171,049 £141 3.1 £190,587
Flats £163,095 £142 2.4 £130,942

Current asking prices in NE6

Average: £204,948
Avg. current asking prices in NE6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £140,400
(5)
£232,745
(20)
£348,087
(11)
£438,196
(5)
Flats £86,000
(5)
£106,612
(17)
£112,494
(8)
- £180,650
(3)
All £86,000
(5)
£114,291
(22)
£198,388
(28)
£348,087
(11)
£341,616
(8)

Current asking rents in NE6

Average: £1,412 pcm
Avg. current asking prices in NE6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £520 pcm
(4)
£1,116 pcm
(2)
£1,200 pcm
(3)
£1,248 pcm
(2)
£2,216 pcm
(3)
Flats £1,011 pcm
(8)
£1,063 pcm
(15)
£1,110 pcm
(9)
- £1,936 pcm
(3)
All £847 pcm
(12)
£1,070 pcm
(17)
£1,133 pcm
(12)
£1,248 pcm
(2)
£2,076 pcm
(6)

Fun facts for NE6

Highest value in NE6
Highest value streets Zed-Index
Crompton Road £397,390
Stratford Grove Terrace £387,092
King Edward Road £370,370
Holderness Road £368,234
Ivymount Road £348,010
Highest turnover in NE6
Highest turnover streets Turnover
Rosalind Place 60.0%
Walkerfield Place 46.2%
Dobson Crescent 42.9%
Cloverdale Court 41.7%
Hartford Street 37.5%
Arrange Viewing

For more information about this property, please contact
Armstrongs Sales & Lettings, NE30 on +44 1964 262036 * (local rate)

Monthly running costs Beta

£386 Monthly total

Mortgage

Purchase price
Deposit (10%) 4,500
Repayment term 25
Interest rate 2.0
Your payment £171 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £27 Electricity £40 Estimated energy cost £67/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 10500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newcastle upon Tyne

Estimated tax band A Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £17 Sewerage £19 Estimated water cost £36 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Armstrongs Sales & Lettings about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Armstrongs Sales & Lettings, and do not constitute property particulars. Please contact Armstrongs Sales & Lettings for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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