# 2 bedroom end of terrace house for sale (NE15 6YA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR NE15 6YA |
| Price | £85,000 |
| Bedrooms | 2 |
| Last sold | £85,000 Jul 2013 |

## Description

*EXCELLENT END TERRACE HOUSE – WELL PRESENTED – TWO BEDROOMS – LOUNGE AND KITCHEN* 

An extremely well presented starter house benefitting from modern features. Situated on St Georges Terrace in Bells Close this property offers potential buyers accommodation comprising, an entrance hall, lounge with a bow window, modern fitted kitchen. The first floor has two bedrooms and a bathroom including shower. Externally there is a front garden and an enclosed rear garden with parking available. 

Rook Matthews Sayer would recommend an internal viewing to appreciate the accommodation and location on offer. 

ENTRANCE HALL

With laminate flooring, central heating radiator, and stairs up to the first floor. 

LOUNGE - 14' 0''  x 10' 6''  (4.27m x 3.22m)

With a double glazed bow window to the front, central heating radiator, television point, laminate flooring, dado rail, coving to ceiling, fireplace surround with inset and hearth. 

KITCHEN  - 13'8 x 9'4 (Including fitted units) (4.17m x 2.84m)

Fitted with a range of modern wall and base units with work surfaces over, splash back tiles, integrated gas hob with oven below, stainless steel splash back and extractor hood over, stainless steel sink with mixer tap and drainer, plumbing for an automatic washing machine, central heating boiler, space for fridge/freezer, breakfast bar, vertical central heating radiator, double glazed window and door to rear. 

LANDING

With loft access with a ladder and airing cupboard. 

BEDROOM ONE - 12' 0''  x 10' 2''  (3.68m x 3.12m)

With a double glazed window to the front, central heating radiator, laminate flooring, and coving to ceiling and fitted wardrobes with sliding mirrored doors. 

BEDROOM TWO - 8' 7''  x 6' 5''  (2.64m x 1.98m)

With a double glazed window to the rear, central heating radiator and coving to ceiling. 

BATHROOM/W.C

Fitted with a three piece white coloured bathroom suite comprising low level w.c, pedestal wash hand basin, panelled bath with shower over and screen, tiled walls, double glazed window to the rear, heated towel rail and extractor fan.  

EXTERNALLY

FRONT GARDENThere is a gravelled garden with paved path to entrance. REAR GARDENThere is a rear paved garden with outside tap, parking available.

## Property Photos

- ![Photo 7](/listings/photos/25571184/387218) - Photo 7
- ![Photo 6](/listings/photos/25571184/387220) - Photo 6
- ![Photo 2](/listings/photos/25571184/387223) - Photo 2
- ![Photo 3](/listings/photos/25571184/387225) - Photo 3
- ![Photo 1](/listings/photos/25571184/387228) - Photo 1
- ![Photo 5](/listings/photos/25571184/387230) - Photo 5
- ![Photo 4](/listings/photos/25571184/387233) - Photo 4
- ![Photo 8](/listings/photos/25571184/387236) - Photo 8

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £85,000 | 25/07/2013 | Terraced |
| 23 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £79,000 | 19/03/2010 | Terraced |
| 23 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £103,500 | 11/03/2005 | 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 |
|---------|-------|------|------|
| 6 ORDLEY CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XT | £152,500 | 11/08/2023 | Terraced |
| [Same street] 30 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £98,750 | 21/07/2023 | Terraced |
| [Same street] 27 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £99,000 | 02/12/2022 | Terraced |
| 3 OTTERSHAW, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XP | £152,500 | 01/09/2022 | Terraced |
| 10 ORMSKIRK CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XN | £147,500 | 10/08/2022 | Terraced |
| 4 ORMISCRAIG, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XW | £140,000 | 06/07/2022 | Terraced |
| [Same street] 9 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £98,000 | 13/05/2022 | Terraced |
| [Same street] 21 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £58,000 | 29/11/2021 | Flat |
| [Same street] 25 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £75,000 | 15/10/2021 | Terraced |
| 5 OTTERSHAW, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XP | £159,950 | 24/09/2021 | Terraced |
| 40 ORDLEY CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 7XT | £75,000 | 22/09/2021 | Terraced |
| [Same street] 26 ST GEORGES TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 6YA | £75,000 | 13/08/2021 | Terraced |

**Street average:** £83,958 (6 sales)
**Area average:** £137,908 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £154,640 (41 Terraced, NE15, 2024–2026)
- **Deviation:** -45%

## 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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Lemington, NE15 | £625/mo | 2 | 0.56 miles | OpenRent |

**Average rent: £625/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £78,125
- **Target investor price (1%):** £62,500

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £625/mo).*

- **Gross yield:** 8.8%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £203/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -1.7%
- **10y growth:** 28.7%

## House Price Index (HM Land Registry)

*Official index for Newcastle upon Tyne; Terraced series; as of April 2026.*

- **1y growth (index):** 5.7%
- **5y growth (index):** 25.9%
- **10y growth (index):** 45%

## 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)