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2 bed terraced house for sale

£19,950

Davison Street, Newcastle Upon Tyne NE15

2 1 1
Interested in this property? Call +44 191 228 6269 * or

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Property features

  • Off street parking
  • Double glazing

Property description

*** this property is for sale by the modern method of auction Tuesday 4th July 2017 at the ramside hall hotel, durham, DH1 1TD. Registration is at 6:30PM, auction commences 7:00PM. For further information please contact the auction team on ***

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

*for sale by auction - ideal investment opportunity*

please note we are advised the property may have structural issues and as such any prospective purchaser should satisfy themselves of there own enquiries prior to bidding. Cash buyers only

We are pleased to welcome this two bedroom terraced property to the market in the established residential location of Davison Street, Newburn.

The ground floor accommodation briefly comprises of: Lounge/dining room, modern fitted kitchen and a bathroom

The first floor accommodation comprises of: Two bedrooms

Benefits include gas central heating and double glazing as well as a modern fitted kitchen and off street parking via an up and over door to the rear.

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Property info

Market activity
Average price paid £137,181 Sales 361 Current average value £139,636 (Zoopla Zed-Index) Value change £899 ▲ 0.65%

Property value data/graphs for NE15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £258,229 £192 3.4 £238,749
Semi-detached £140,444 £157 2.9 £134,159
Terraced £114,868 £130 2.6 £108,642
Flats £79,789 £141 2.1 £70,110

Current asking prices in NE15

Average: £138,760
Avg. current asking prices in NE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £112,450
(2)
£106,884
(62)
£154,096
(82)
£262,527
(24)
£236,375
(4)
Flats £57,750
(7)
£68,335
(27)
£68,212
(4)
- £100,000
(3)
All £69,906
(9)
£95,190
(89)
£150,102
(86)
£262,527
(24)
£177,928
(7)

Current asking rents in NE15

Average: £494 pcm
Avg. current asking prices in NE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £347 pcm
(2)
£507 pcm
(13)
£586 pcm
(15)
£949 pcm
(1)
£1,101 pcm
(1)
Flats £391 pcm
(13)
£481 pcm
(12)
£454 pcm
(8)
- -
All £385 pcm
(15)
£494 pcm
(25)
£540 pcm
(23)
£949 pcm
(1)
£1,101 pcm
(1)

Fun facts for NE15

Highest value in NE15
Highest value streets Zed-Index
Heddon Banks £435,177
Heddon-on-the-Wall, Newcastle upon Tyne NE15 £394,796
Military Road £375,273
Horsley, Newcastle upon Tyne NE15 £359,851
Killiebrigs £353,866
Highest turnover in NE15
Highest turnover streets Turnover
Apple Close 47.1%
Orchard Terrace 45.8%
Hawthorn Close 37.5%
Patina Close 36.4%
Bramble Dykes 36.4%

What Zoopla users think of Newburn

Overall rating:

  • currently 4 stars
Very good - 79%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Newburn:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Blaydon (1.8 miles)
  • Wylam (2.8 miles)
  • MetroCentre (3.6 miles)
  • Newcastle Airport (4.3 miles)
  • Durham Tees Valley Airport (35.2 miles)
  • Leeds Bradford International Airport (77.4 miles)
  • Newcastle International Ferry Terminal (11.7 miles)
  • North Shields Ferry Terminal (12.0 miles)
  • South Shields Ferry Terminal (12.1 miles)

Nearby schools

View all schools in Newcastle upon Tyne
  • Newburn Manor Primary School (0.2 miles)
  • Walbottle Village Primary School (0.7 miles)
  • St Cuthbert's RC Primary School (0.7 miles)
  • Trinity Post 16 Solutions Ltd. (3.4 miles)
  • Trinity Solutions Academy (3.4 miles)
  • Ponteland Community High School (4.1 miles)
  • Walbottle Campus (0.9 miles)
  • Talbot House Trust, Newcastle Upon Tyne (0.9 miles)
  • Thorp Academy (1.4 miles)
Note: Distances are straight line measurements

Local info for Newcastle upon Tyne

About the neighbours in NE15

AskMe Q&A for Newcastle upon Tyne

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For more information about this property, please contact
Fairs Estates, NE5 on +44 191 228 6269 * (local rate)

Monthly running costs Beta

£292 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,995
Repayment term 25
Interest rate 1.5
Your payment £71 /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.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £11/mo (£137/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £31 Electricity £36 Estimated energy cost £67/mo

Similar properties could save up to £288

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: 11400 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 £14 Sewerage £17 Estimated water cost £31 /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 Fairs Estates 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 Fairs Estates, and do not constitute property particulars. Please contact Fairs Estates 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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