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Spaceworks, Benton Park Road,, Newcastle Upon Tyne
£400,000 Offers over
Bedrooms
Bathrooms
Introducing this larger style semi-detached home, built circa 1934, offering a blend of period character and modern living. The property features distinctive bay windows at both front and rear, with original stained glass that adds a touch of craftsmanship and joyous style. The rear living room provides views of the west-facing garden, complete with a patio area and a side view of St Gabriels Church tower.
Inside, the home benefits from a spacious layout, including a well-appointed bathroom with twin wash basins. The living room is centered around comfort and warmth, with an open hearth set into a Minster-style fire surround.
Located in a sought-after area, the property is close to a selection of popular schools and within easy reach of Heaton Park and Jesmond Dene, offering perfect space for dog walking, jogging, cycling and energizing with nature. Excellent transport links - via road and bus - provide access to the city centre. The vibrant local scene on Heaton Road and Chillingham Road features a variety of shops and eateries, making this an ideal home for those seeking a convenient, community-focused place to live. Council tax band D. Energy rating D. Freehold.
Main door to :: Lobby with inner door to :
Hallway: With radiator.
Music room/sitting room (front): With bay window, radiator and fireplace.
Living room/dining room: With bay window. Minster fire surround with inset open hearth. A magical room all year round, be it a cosy Christmas or a warm summers day. Radiator.
Kitchen: Fitted with a range of modern units with solid wood work surfaces. Gas cooker point. Space for range cooker. Doors opening to patio and westerly rear garden.
Utlity room: Radiator. Plumbed for washer, space for drier.
Ground floor w.c.: With wash basin and w.c.
First floor landing: With stained glass window.
Bedroom one (front): With bay window and views towards the cricket grounds opposite. Radiator.
Bedroom two (rear): With bay window and westerly views over rear garden. Radiator.
Bedroom three (front): Currently used as a home office. Radiator. Views towards the cricket grounds opposite.
Bathroom: With towel radiator. White suite with walk in shower, bath, twin wash basins, w.c.
Outside: Low maintenane blockpaved garden and driveway to front with decorative slate bedding areas.
Single attached garage.
Wonderful rear garden, with patio, lawn, wendy house/garden shed, views of St Gabriels church to the side. An idyllic space to come home to each day.
Mining: Newcastle has a rich mining heritage and we advise all buyers to have a mining search via their conveyancer before exchange of contracts.
Utilities: Gas, water, drainage, electricity, and broadband are all connected.
Floor plan and measurements: These are for general guidance only and must not be relied upon for any other purpose.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Spaceworks, Benton Park Road,, Newcastle Upon Tyne
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