# 2 bedroom terraced house for rent (NE6 2JP) ## Property Details | Key | Value | |-----|-------| | Address | 16 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR NE6 2JP | | Price | £695 pcm | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £64,000 Feb 2012 | ## Description Available from 12th January 2026 is this unfurnished two bedroom mid terrace house situated on Gillies Street, Walker. The property comprises: porch, lounge, well appointed kitchen to the rear of the property with a good range of wall and base units, complimenting work surfaces, freestanding gas cooker, freestanding fridge freezer, washing machine, breakfast bar, UPVC double glazed door to rear garden and UPVC double glazed window. To the first floor there are two bedrooms and shower room/W.C. Externally to the front is a private garden which is mainly laid to lawn with planted borders and fenced boundaries and to the rear is a private garden which is mainly paved with double gates providing off street parking, mature planted borders and fenced boundaries.. The property benefits from gas central heating and double glazing. Virtual tour available at link below: Please contact the Heaton Branch for further information and viewings. Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property. As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements). • An affordability assessment to ensure applicant’s income will sufficiently cover the rental payments. • To pass the affordability check, each applicant’s gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties). EG If the rent is £500 PCM, applicants would need to earn £15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made. • Each applicant’s affordability is assessed individually against the criteria. However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly. • Self-employed applicants will require an accountant’s reference and should have accounts for a minimum of two years. • Employment checks to confirm your start date, salary and if your position is permanent. • Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date. • A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. • ‘Right to rent’ ID checks. If you do not meet the requirement, you WILL REQUIRE A HOMEOWNER GUARANTOR. Council Tax Band: A Deposit: £720.00 Length Of Tenancy: 6 ## Property Photos - ![Photo](/listings/photos/170517089/422519) - ![Photo](/listings/photos/170517089/422520) - ![Photo](/listings/photos/170517089/422521) - ![Photo](/listings/photos/170517089/422522) - ![Photo](/listings/photos/170517089/422523) - ![Photo](/listings/photos/170517089/422524) - ![Photo](/listings/photos/170517089/422525) - ![Photo](/listings/photos/170517089/422526) - ![Photo](/listings/photos/170517089/422527) ## Floorplans - ![Floorplan](/listings/photos/170517089/422528) - Floorplan ## EPC Graphs - ![EPC](/listings/photos/170517089/422529) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 16 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £64,000 | 24/02/2012 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 58 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £130,000 | 22/04/2024 | Semi-detached | | 109 SCARBOROUGH ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RT | £78,000 | 23/10/2023 | Terraced | | [Same street] 29 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £72,000 | 28/09/2023 | Flat | | [Same street] 10 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £105,000 | 27/07/2023 | Terraced | | 87 SCARBOROUGH ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RT | £130,000 | 16/12/2022 | Terraced | | 7 VILLAGE PLACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2QF | £80,000 | 18/11/2022 | Terraced | | 6 BENSON PLACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2QT | £92,500 | 28/10/2022 | Terraced | | 25 DUNMORLIE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JL | £121,000 | 14/10/2022 | Terraced | | 253 BENSON ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2SD | £50,000 | 01/09/2022 | Terraced | | [Same street] 60 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £120,000 | 26/08/2022 | Semi-detached | | [Same street] 23 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £39,950 | 22/07/2022 | Flat | | 58 MORTON STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JH | £72,000 | 06/05/2022 | Terraced | | 4 RENWICK STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JE | £100,000 | 04/05/2022 | Terraced | | 252 GRACE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RR | £100,000 | 29/04/2022 | Terraced | | [Same street] 7 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £135,000 | 06/04/2022 | Other | | [Same street] 4 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP | £65,000 | 29/09/2021 | Terraced | | 1 TUNSTALL AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RS | £85,000 | 13/07/2021 | Terraced | | 18 CHIRTON WYND, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2PW | £77,000 | 24/06/2021 | Terraced | **Street average:** £95,279 (7 sales) **Area average:** £89,591 (11 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £212,493 (47 Terraced, NE6, 2024–2026) - **Deviation:** -99.7% ## Rental Range *ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,085/mo - **Realistic:** £1,206/mo - **Optimistic:** £1,327/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £549/mo ## 1% Rule - **Rent ratio:** 173.53% (strong) - **Max investor price (0.8%):** £150,750 - **Target investor price (1%):** £120,600 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 13.7% - **10y growth:** 42.5% ## House Price Index (HM Land Registry) *Official index for Newcastle upon Tyne; Terraced series; as of March 2026.* - **1y growth (index):** 1.5% - **5y growth (index):** 22.8% - **10y growth (index):** 39.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)