# 4 bedroom bungalow for rent (NE3 4RQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 OAKFIELD TERRACE, NEWCASTLE UPON TYNE, GOSFORTH, TYNE AND WEAR NE3 4RQ |
| Price | £1,400 pcm |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Council tax | C |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 138 m² |
| Last sold | £395,000 Nov 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 28/09/2026
- **Current heating cost:** £940/year
- **Est. upgrade cost to C:** £8,945

### Recommendations
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- E (£45)
- G (£350 - £450)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0740-2871-7814-9526-4595)

## Description

**  AVAILABLE NOW **   NOT SUITABLE FOR SHARERS  ** PROFESSIONALS AND FAMILIES ONLY  ** UNFURNISHED

Cloud Estates are pleased to welcome this deceptively spacious four bedroom mid terrace DORMER BUNGALOW situated in the heart of Gosforth on Oakfield Terrace. Available immediately on an unfurnished basis.

The property briefly comprises: entrance hallway, WC, two bedrooms and kitchen/breakfast room on the ground floor, followed by two bedrooms (one with en-suite) and a family bathroom on the top floor. Externally the property has an enclosed lawned garden. The property benefits from a stylish contemporary kitchen and modern bathroom suites, in addition to double glazing throughout and gas central heating.

The property is located close to transport links, local amenities and commuting to Freeman  and RVI Hospital

This property is not a house of multiple occupation.

Please contact CLOUD ESTATES to arrange a viewing !!

## Property Photos

- ![Photo 2](/listings/photos/86605419/1067757) - Photo 2
- ![Photo 9](/listings/photos/86605419/1067758) - Photo 9
- ![Photo 11](/listings/photos/86605419/1067759) - Photo 11
- ![Photo 1](/listings/photos/86605419/1067760) - Photo 1
- ![Photo 5](/listings/photos/86605419/1067761) - Photo 5
- ![Photo 7](/listings/photos/86605419/1067762) - Photo 7
- ![Photo 3](/listings/photos/86605419/1067763) - Photo 3
- ![Photo 4](/listings/photos/86605419/1067764) - Photo 4
- ![Photo 6](/listings/photos/86605419/1067765) - Photo 6
- ![Photo 8](/listings/photos/86605419/1067766) - Photo 8
- ![Photo 10](/listings/photos/86605419/1067767) - Photo 10
- ![Photo 12](/listings/photos/86605419/1067768) - Photo 12

## EPC Graphs

- ![Energy Performance Certificate](/listings/photos/86605419/1067769) - Energy Performance Certificate

## Rental Range

*ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,084/mo
- **Realistic:** £1,204/mo
- **Optimistic:** £1,324/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Northumberland (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £758/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 |
|------|------|------|------|------|
| 4 Bed Semi-Detached House, Arlington Avenue, NE3 | £1,325/mo | 4 | 0.5 miles | OpenRent |
| 4 Bed Terraced House, Ashover Road, NE3 | £1,950/mo | 4 | 1.21 miles | OpenRent |

**Average rent: £1,638/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,638/mo).*

- **Gross yield:** 1404%
- **Monthly cashflow:** £1,444/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4267.1%

*Gross yield = annual rent as % of price (no costs). 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).*

## Price per Square Metre

- **£/m²:** £10/m²

## 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)