Sungold Villas, Beech St, Newcastle, NE4 8EF
YI

Sungold Villas, Beech St, Newcastle, NE4 8EF

By yieldit

£ 150,000

Reviews

2 out of 5 stars

yieldit says ..

ATTENTION INVESTORS - GENERATE IMMEDIATE INCOME WITH THIS ESTABLISHED FULLY-OCCUPIED HMO! Modern three storey four bedroom townhouse with tenants in situ producing an excellent return.

Property Oracle says ..

This property is a four-bedroom house of multiple occupation located in Elswick, Newcastle Upon Tyne. The property benefits from being close to several schools, including St Johns Primary School (rated good by Ofsted) and West Newcastle Academy (also rated good). Transport links are also convenient, with several train stations within a reasonable distance.

The property itself appears to be in reasonable condition, though some minor cosmetic improvements could enhance its appeal. The images show a relatively clean and well-maintained interior, although some rooms are sparsely furnished and appear to be used as bedrooms for multiple occupants. There is no garden or outdoor space.

Considering the average price per square foot in the area is £423, and this property is listed at £150,000 with 850 sqft, this represents a significantly lower price per sqft. However, the lack of outdoor space and the fact that it is a house of multiple occupation may account for this lower price. The lower price may also reflect the current state of the housing market and the fact that the property is in need of some minor cosmetic improvements. The overall value for money is difficult to ascertain without more specific details about the property and market conditions.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
4
Bathrooms
2
Sqft (est)
850.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
116,000.00 £
Increased by 3.23 %
from 112,369.00 £
Est sale value
169,150.00 £
Increased by 71.55 %
from 98,600.00 £
Average area rental value
693.00 £/mo
Decreased by 21.52 %
from 883.00 £/mo
Est letting value
850.00 £/mo
from 0.00 £/mo
Est rental Yield
7.17 %
Decreased by 23.97 %
from 9.43 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Westgate Sure Start Children'S CentreChildren's Centre Linked Site0.25 KM
Sure Start West Children'S CentreChildren's Centre0.25 KM
St Johns Primary SchoolFoundation SchoolGood0.43 KM
Canning Street Primary SchoolFoundation SchoolGood0.53 KM
West Newcastle AcademyFree SchoolsGood0.57 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Teindland Close £ 000.00 KM
Western Avenue £ 000.00 KM
Glebe Street £ 000.00 KM
Tiverton Avenue £ 000.00 KM
Merton Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE1.81 KM
Dunston7744DOT2.65 KM
Newcastle7728NCL4.11 KM
Manors7603MAS5.49 KM
Blaydon7503BLO6.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sungold Villas, Beech St, Newcastle, NE4 8EF £ 150,000BUY5 / 100.00 KM
Beech Street, Newcastle Upon Tyne £ 95,000BUY4 / 100.02 KM
Brancepeth Avenue, -, Newcastle upon Tyne, Tyne and Wear, NE4 8EA £ 132,000BUY6 / 100.14 KM
Clifton Road , Grainger Park , Newcastle upon Tyne, Tyne and Wear, NE4 8DU £ 60,000BUY5 / 100.14 KM
Brancepeth Avenue £ 110,000BUYUnknown0.17 KM

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