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About This Property

Discover what makes this home special

The Lorimer is a stunning 4-bedroom detached home located in the heart of Wallsend, Tyne and Wear. Designed with modern family living in mind, this property boasts spacious interiors, high-quality finishes, and an abundance of natural light. The open-plan kitchen and dining area, complemented by a family room, creates the perfect space for entertaining or relaxing. Upstairs, the Master and Bedroom 2 both feature en-suite bathrooms, while the additional two bedrooms share a contemporary family bathroom. The south-west facing garden ensures plenty of sunlight throughout the day, making it ideal for outdoor activities and gatherings. With excellent transport links, top-rated schools, and local amenities nearby, The Lorimer offers both convenience and luxury.

Property Features

This property is designed to meet the needs of modern families, offering a spacious layout, high-quality finishes, and energy-efficient features. The south-west facing garden ensures maximum sunlight, while the integrated garage and utility room provide practical storage solutions. With two en-suite bedrooms and a luxurious family bathroom, this home combines comfort and style.

South-West Facing GardenIntegrated GarageOpen-Plan Kitchen/DiningTwo En-Suite BedroomsSpacious Living RoomUtility Room+3

Local Amenities

Located in a thriving community, The Lorimer is surrounded by excellent amenities. Families will appreciate the proximity to outstanding schools, while commuters benefit from easy access to Wallsend Metro Station and Newcastle City Centre. Nearby parks and leisure facilities provide ample opportunities for recreation, and local supermarkets and restaurants cater to everyday needs.

Top-Rated SchoolsWallsend Metro StationSupermarketsParksRestaurantsLeisure Facilities
Wallsend Metro Station Train Station (1.1 miles, 5 mins drive) • 15 mins by car, 20 mins by Metro to Newcastle upon Tyne

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£439,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£439,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
70/100
ChallengingModerateGoodExcellent
Strong rental demand
Good transport links
Proximity to amenities

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£439,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.2%
Based on £1,908/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£540,488
+£100,493 projected gain
5-Year Rent Forecast
£2,266/mo
Based on 3.5% annual growth
Price per Sq Ft£275
Annual Rent Income£22,896
10-Year ROI208%
Break-Even Point20 yrs

Property Value Projection

Based on 4.2% annual growth
£540,488
5yr
£663,934
10yr
£815,574
15yr
£1,001,849
20yr
£1,230,667
25yr
Current: £439,995

Monthly Rental Income

Based on 3.5% annual growth
£2,266
5yr
£2,691
10yr
£3,197
15yr
£3,797
20yr
£4,509
25yr
Current: £1,908/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Nearby Schools

Western Community Primary SchoolPrimary
Outstanding0.5 miles
St. Peter's C of E Primary SchoolPrimary
Good0.8 miles
Burnside Business and Enterprise CollegeSecondary
Good1.5 miles
Wallsend Jubilee Primary SchoolPrimary
Good1.2 miles
Churchill Community CollegeSecondary
Outstanding2.0 miles

Commute Time Planner

Newcastle City Centre
20 mins
15 mins
Newcastle International Airport
40 mins
25 mins

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Good
Afternoon Excellent
Evening Moderate
Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Low
Family Room
Morning Good
Afternoon Excellent
Evening Moderate

Location Scores

72
Walk Score
Very Walkable
65
Transit Score
Good Transit
58
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green
Good Schools

Connectivity

Broadband Speed
1000 Mbps
FTTP
Excellent
Mobile Signal
Excellent
EE, Vodafone, O2, Three

Future Developments Nearby

Commercial+Positive Impact
Wallsend Town Centre Regeneration
1 mileEst. 2025
* Information based on local planning applications and may be subject to change

Portfolio Analysis

75
Portfolio Fit Score
Good Investment Match
Risk LevelLow
Liquidity
70%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£439,995

The Lorimer

Wallsend, Tyne and Wear, NE28 8SU
4
Bedrooms
3
Bathrooms
1,600
Sq Ft
detached
Type

Property Grades

Amenities68
Features75
Growth65
Yield70
Connect72
Transport70
Future60
Location68
Overall70

Developer

Bellway
Available Plot Numbers
133
1 plot available
Ownershipfreehold

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