# 2 bedroom terraced house for sale (NE15 6YA)

## Property Details

| Key | Value |
|-----|-------|
| Address | St Georges Terrace, Bells Close, Lemington, NE15 6YA |
| Price | £94,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £75,000 |

## Description

*MID TERRACE HOUSE – TWO BEDROOMS – OPEN PLAN LOUNGE – POPULAR LOCATION – EXTREMELY WELL PRESENTED HOME – MODERN KITCHEN - EPC RATING C*

The accommodation to this property briefly comprises; an entrance porch, opening to the lounge, modern fitted kitchen including fitted kitchen appliances, the first floor has two bedrooms and a bathroom/wc.  Modern features include gas radiator heating and double glazing.  Externally there are front and rear gardens and there is allocated parking available.

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

 

## Property Photos

- ![Photo 8](/listings/photos/39003639/387169) - Photo 8
- ![Photo 9](/listings/photos/39003639/387170) - Photo 9
- ![Photo 5](/listings/photos/39003639/387171) - Photo 5
- ![Photo 2](/listings/photos/39003639/387172) - Photo 2
- ![Photo 3](/listings/photos/39003639/387175) - Photo 3
- ![Photo 9](/listings/photos/39003639/387177) - Photo 9
- ![Photo 11](/listings/photos/39003639/387179) - Photo 11
- ![Photo 10](/listings/photos/39003639/387181) - Photo 10
- ![Photo 6](/listings/photos/39003639/387183) - Photo 6
- ![Photo 4](/listings/photos/39003639/387186) - Photo 4
- ![Photo 12](/listings/photos/39003639/387190) - Photo 12
- ![Photo 7](/listings/photos/39003639/387194) - Photo 7

## EPC Graphs

- ![Energy Perform...](/listings/photos/39003639/387197) - Energy Perform...

## 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:** -38.6%

## 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:** 0.66% (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:** 7.9%
- **Cost-to-rent:** 12.7×
- **Monthly cashflow:** £164/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.1%

*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 May 2026.*

- **1y growth (index):** 4.5%
- **5y growth (index):** 26.4%
- **10y growth (index):** 41%

## 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)