Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Lorimer is a spacious detached family home located in the sought-after area of Wallsend, Tyne and Wear. Priced at £429,995, this property offers four well-proportioned bedrooms and four bathrooms, including two en-suites, making it ideal for growing families or those who appreciate extra space. The ground floor boasts a large family/kitchen/dining area with French doors opening to the rear garden, a separate living room, utility room, and a convenient cloakroom. The integral garage and ample storage add to the practicality of this home.

Situated on plot 148, the property benefits from a south-east facing rear garden, ensuring good natural light throughout the day, particularly in the morning and early afternoon. Wallsend offers a blend of suburban tranquility with excellent connectivity to Newcastle city centre, making it perfect for commuters and families alike. The local area is rich in amenities and community facilities, enhancing the overall lifestyle experience.

Property Features

This detached family home excels in providing versatile living spaces with a large open-plan kitchen, dining, and family area that opens onto the garden, perfect for entertaining and family time. Two of the four bedrooms include en-suite bathrooms, enhancing privacy and convenience. The integral garage and utility room add practical benefits, while the cloakroom and multiple storage areas ensure clutter-free living. The south-east facing garden offers a bright outdoor space ideal for morning sun and early afternoon light.

DetachedFour BedroomsFour BathroomsTwo En-suitesIntegral GarageUtility Room+5

Local Amenities

Wallsend is a well-established residential area with excellent local amenities. The Wallsend Metro Station provides direct and frequent links to Newcastle city centre and surrounding areas, making commuting straightforward. Families benefit from highly regarded schools such as Hadrian Primary School and St Peter's Catholic Primary School nearby. Leisure and recreational facilities include Wallsend Sports Centre and the beautifully maintained Wallsend Park. Essential shopping needs are met with a Tesco Superstore and various local shops, while the community library supports educational and cultural activities.

Wallsend Metro StationHadrian Primary SchoolSt Peter's Catholic Primary SchoolWallsend Sports CentreTesco SuperstoreWallsend Library+3
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£429,995
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£429,995
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 to Newcastle
Strong local rental demand from families and professionals
Limited international profile of Wallsend area
Average capital growth potential compared to central Newcastle

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£429,995
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 £2,222/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£533,804
+£103,809 projected gain
5-Year Rent Forecast
£3,250/mo
Based on 7.9% annual growth
Price per Sq Ft£226
Annual Rent Income£26,664
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£533,804
5yr
£662,675
10yr
£822,657
15yr
£1,021,262
20yr
£1,267,814
25yr
Current: £429,995

Monthly Rental Income

Based on 7.9% annual growth
£3,250
5yr
£4,753
10yr
£6,951
15yr
£10,167
20yr
£14,869
25yr
Current: £2,222/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
9h
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 Good
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...

£429,995
AvailableNB0000030787
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
148
1 plot(s) available
Ownershipfreehold

Request Information

£429,995The Lorimer

Enquire About This Property

The Lorimer
The LorimerWallsend£429,995

Property Assistant

Ask me anything