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About This Property

Discover what makes this home special

The Lorimer is a spacious and well-designed detached family home located in the sought-after Wallsend area of Tyne and Wear. This four-bedroom property offers a versatile layout with ample living space, including a large family kitchen/dining area that opens onto the rear garden, a separate living room, and a utility room. Upstairs, the home boasts four bedrooms, two with en-suite facilities, and a family bathroom, making it ideal for growing families or those needing extra space for guests or a home office. The attached garage and generous storage options add to the convenience and functionality of the property.

Situated in a thriving community, The Lorimer benefits from excellent local amenities and transport links, providing easy access to Newcastle city centre and surrounding areas. The rear garden faces south-east, ensuring good natural light during the morning and early afternoon, perfect for outdoor entertaining or relaxing. This property offers a perfect blend of comfort, style, and practicality in a desirable location.

Property Features

The Lorimer stands out with its well-thought-out design, providing four generous bedrooms including two with en-suite bathrooms for added privacy. The spacious kitchen/dining area is the heart of the home, ideal for family gatherings and entertaining, with direct access to the garden. Additional features such as a utility room, separate living room, and ample storage throughout the house enhance everyday living. The attached garage offers secure parking and extra storage space, adding to the property's appeal.

DetachedFour BedroomsTwo En-suitesFamily BathroomSpacious Kitchen/DiningUtility Room+5

Local Amenities

Located in Wallsend, this property benefits from excellent local amenities including the Wallsend Metro Station, providing direct and frequent links to Newcastle city centre and beyond. Nearby retail options such as Hadrian Retail Park offer convenient shopping, while local schools like St Peter's Primary and Burnside Primary cater well to families. Recreational facilities including Wallsend Sports Centre and local parks provide ample opportunities for leisure and outdoor activities, making this an ideal location for families and professionals alike.

Wallsend Metro StationHadrian Retail ParkWallsend LibrarySt Peter's Primary SchoolBurnside Primary SchoolWallsend Sports Centre+2
Wallsend Metro Station Train Station (1.1 miles, 5 mins drive) • 20 mins to Newcastle upon Tyne

Estimate Calculator

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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good transport links via Metro
Stable local rental market
Limited international profile of Wallsend area
Moderate capital growth prospects

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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
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
6.2%
Based on £2,273/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£546,218
+£106,223 projected gain
5-Year Rent Forecast
£3,324/mo
Based on 7.9% annual growth
Price per Sq Ft£232
Annual Rent Income£27,276
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£546,218
5yr
£678,086
10yr
£841,789
15yr
£1,045,013
20yr
£1,297,299
25yr
Current: £439,995

Monthly Rental Income

Based on 7.9% annual growth
£3,324
5yr
£4,862
10yr
£7,111
15yr
£10,400
20yr
£15,210
25yr
Current: £2,273/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

Commute Time Planner

Newcastle Central Station
20 mins
25 mins
Newcastle International Airport
N/A
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Family/Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Moderate
Living Room
Morning Moderate
Afternoon Good
Evening Low
Bedrooms 1 and 2
Morning Good
Afternoon Moderate
Evening Low
Bedrooms 3 and 4
Morning Moderate
Afternoon Good
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£439,995
AvailableNB0000030788
View Location Analytics

The Lorimer

Wallsend, Wallsend NE28 8SU
Centurion Chase
4
Bedrooms
4
Bathrooms
1,900
Est. Sq ft
detached
Type

Developer

Bellway
Available Plot Numbers
133
1 plot(s) available
Ownershipfreehold

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£439,995The Lorimer

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The Lorimer
The LorimerWallsend£439,995

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