# 2 bedroom bungalow for sale (NE5 1XB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 46 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR NE5 1XB |
| Price | £150,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £145,000 Jun 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 29/10/2034
- **Current heating cost:** £1,008/year
- **Est. upgrade cost to C:** £13,550

### Recommendations
- A2 (£850 - £1,500)
- W1 (£800 - £1,200)
- M (£1,250 - £2,500)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7334-3420-6409-0350-3272)

## Description

Presenting a charming semi-detached bungalow, currently listed for sale. This property is decorated neutrally throughout, offering potential buyers a blank canvas to make it their own. The bungalow boasts two well-sized bedrooms, providing ample space for a small family or for those who require a home office or guest room. 

The property further benefits from one generous reception room, ideal for relaxation or entertaining guests. In addition, there is a well-designed kitchen equipped with all essentials, perfect for all your culinary needs. The house also offers a family bathroom, completing the amenities of this delightful home.

This residence falls under the Council Tax Band B, which is another attractive feature for potential buyers. The property does not only offer a comfortable living space but also the financial practicality that every homeowner seeks.

While this property doesn't have any unique features, its charm lies in its simplicity and potential. It is a perfect fit for those who appreciate a quiet lifestyle in a semi-detached bungalow. The potential for personalisation is endless, allowing its new owners to truly make it their own.

This property's appeal is not only in its features but also in the possibilities it presents. It is a great opportunity for those looking to scale down to a simpler lifestyle or first-time buyers looking for a starter home. 

We invite interested buyers to explore the potential of this neutrally decorated, semi-detached bungalow. A viewing is highly recommended to truly appreciate what this property has to offer.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:** We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. 

CHH240448/2

## Property Photos

- ![Picture No. 09](/listings/photos/154080395/1645500) - Picture No. 09
- ![Picture No. 08](/listings/photos/154080395/1645501) - Picture No. 08
- ![Picture No. 05](/listings/photos/154080395/1645502) - Picture No. 05
- ![Picture No. 06](/listings/photos/154080395/1645503) - Picture No. 06
- ![Picture No. 04](/listings/photos/154080395/1645504) - Picture No. 04
- ![Picture No. 12](/listings/photos/154080395/1645505) - Picture No. 12
- ![Picture No. 13](/listings/photos/154080395/1645506) - Picture No. 13
- ![Picture No. 02](/listings/photos/154080395/1645507) - Picture No. 02
- ![Picture No. 03](/listings/photos/154080395/1645508) - Picture No. 03
- ![Picture No. 07](/listings/photos/154080395/1645509) - Picture No. 07
- ![Picture No. 10](/listings/photos/154080395/1645510) - Picture No. 10
- ![Picture No. 11](/listings/photos/154080395/1645511) - Picture No. 11
- ![Google Maps Image](/listings/photos/154080395/1645512) - Google Maps Image

## Floorplans

- ![Floorplan](/listings/photos/154080395/1645513) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/154080395/1645514) - EPC Rating Graph

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #831010
- **Address:** 46 Lotus Close, CHAPEL PARK, NE5 1XB
- **Certificate Issued:** 08/08/2003
- **Work Completed:** 11/06/2003
- **Items:** 2 window(s)

### FENSA Certificate #16956361
- **Address:** 46 Lotus Close, NEWCASTLE UPON TYNE, NE5 1XB
- **Certificate Issued:** 14/09/2025
- **Work Completed:** 18/08/2025
- **Items:** 2 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 46 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £145,000 | 18/06/2025 | 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 |
|---------|-------|------|------|
| 4 CANONSFIELD CLOSE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XB | £360,000 | 18/12/2025 | Detached |
| 3 CANONSFIELD CLOSE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XB | £317,500 | 29/11/2024 | Detached |
| [Same street] 26 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £150,000 | 26/07/2023 | Terraced |
| [Same street] 32 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £179,000 | 04/04/2023 | Semi-detached |
| 2 CASTERTON GROVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1HT | £267,850 | 10/02/2023 | Detached |
| 2 ABBEY DRIVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1QR | £425,000 | 16/11/2022 | Detached |
| 27 ABBEY DRIVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1QR | £330,000 | 04/11/2022 | Detached |
| 1 DEANSFIELD GROVE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XD | £350,000 | 28/07/2022 | Detached |
| 114 LADYBANK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1UP | £260,000 | 01/06/2022 | Detached |
| 7 DEANSFIELD GROVE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XD | £352,500 | 01/06/2022 | Detached |
| [Same street] 39 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £117,250 | 20/05/2022 | Flat |
| 10 AMESBURY CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1PY | £460,000 | 20/05/2022 | Detached |
| 79 DENHAM WALK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1JE | £215,500 | 29/04/2022 | Detached |
| 12 CORONATION ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1PU | £297,500 | 18/02/2022 | Detached |
| 18 QUEENSBURY DRIVE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XF | £240,000 | 07/02/2022 | Detached |
| 9 ALCROFT CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1QX | £338,000 | 25/11/2021 | Detached |
| [Same street] 33 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £112,000 | 12/10/2021 | Other |
| [Same street] 37 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £122,000 | 30/09/2021 | Flat |
| [Same street] 23 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £113,000 | 20/09/2021 | Other |
| [Same street] 37 LOTUS CLOSE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE5 1XB | £112,000 | 27/08/2021 | Flat |
| 2 DEANSFIELD GROVE, NORTH WALBOTTLE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE15 9XD | £322,500 | 27/08/2021 | Detached |

**Street average:** £129,321 (7 sales)
**Area average:** £324,025 (14 sales)

## Price vs local average

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

- **Local average:** £322,787 (43 Detached, NE5, 2024–2026)
- **Deviation:** -53.5%

## 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 Northumberland (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/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 Terraced House, Milecastle Court, NE5 | £745/mo | 2 | 0.68 miles | OpenRent |
| 2 Bed Terraced House, Castlewood Close, NE5 | £795/mo | 2 | 0.76 miles | OpenRent |
| 2 Bed Flat, Ravenshill Road, NE5 | £795/mo | 2 | 0.96 miles | OpenRent |
| 2 Bed Flat, Tewkesbury Rd, NE15 | £695/mo | 2 | 1.03 miles | OpenRent |
| 2 Bed Flat, Linbridge Drive, NE5 | £820/mo | 2 | 1.09 miles | OpenRent |

**Average rent: £770/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £99,375
- **Target investor price (1%):** £79,500

*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 £795/mo).*

- **Gross yield:** 6.4%
- **Cost-to-rent:** 15.7×
- **Monthly cashflow:** £100/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.8%

*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).*

## Price per Square Metre

- **£/m²:** £2,344/m²

## Capital growth trend

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

- **5y growth:** 6.3%
- **10y growth:** 23.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 6.2%
- **5y growth (index):** 28.1%
- **10y growth (index):** 45.2%

## 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)