About This Property

Discover what makes this home special

Faverwood is a spacious and elegant detached family home located in the thriving North East region, specifically within the NE33 3EN postcode. This property offers four well-proportioned bedrooms and four bathrooms, including two en-suite facilities, providing ample comfort and privacy for a growing family or guests. The ground floor features a versatile layout with a lounge, dining room, a large family/breakfast area adjoining a modern kitchen, and practical spaces such as a laundry room and a convenient WC.

The property is designed for both relaxation and entertaining, with generous living spaces and a thoughtful flow between rooms. Its location in a sought-after area ensures easy access to a variety of local amenities, excellent schools, and transport links, making it an ideal choice for families and professionals alike.

Property Features

This detached home boasts four spacious bedrooms, including a principal bedroom with a dressing area and en-suite bathroom, alongside a second en-suite for added convenience. The ground floor provides versatile living spaces such as a formal lounge, separate dining room, and a large open-plan family/breakfast area connected to a modern kitchen, perfect for both everyday living and entertaining. Additional practical features include a laundry room and a cloakroom/WC on the ground floor. The property benefits from a private garden, garage, and ample parking space, enhancing its appeal for families and car owners.

DetachedFour BedroomsFour BathroomsTwo En-suitesLoungeDining Room+8

Local Amenities

Situated in the NE33 3EN area, Faverwood benefits from proximity to several reputable schools including Riverside Primary School and St Joseph's Catholic Academy, making it a great location for families with children. Transport links are excellent with nearby Cullercoats and Whitley Bay Metro Stations providing easy access to Newcastle city centre and surrounding areas. Local amenities include a Morrisons supermarket for everyday shopping needs, a range of local shops, and healthcare centres. For leisure, residents can enjoy nearby Northumberland Park and the scenic Whitley Bay Beach, offering outdoor activities and relaxation opportunities.

Riverside Primary SchoolSt Joseph's Catholic AcademyCullercoats Metro StationWhitley Bay Metro StationMorrisons SupermarketNorthumberland Park+3
Chester-le-Street Train Station (2.5 miles, 8 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£570,000
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-
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Purchase Costs
Total Price£570,000
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

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International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£570,000
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 £2,945/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£707,609
+£137,609 projected gain
5-Year Rent Forecast
£4,307/mo
Based on 7.9% annual growth
Price per Sq Ft£300
Annual Rent Income£35,340
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£707,609
5yr
£878,439
10yr
£1,090,511
15yr
£1,353,782
20yr
£1,680,611
25yr
Current: £570,000

Monthly Rental Income

Based on 7.9% annual growth
£4,307
5yr
£6,299
10yr
£9,213
15yr
£13,475
20yr
£19,707
25yr
Current: £2,945/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
20 mins
25 mins
Durham
15 mins
20 mins

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Infrastructure+Positive Impact
North East Green Energy Hub
3 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£570,000
AvailableNB0000051786
View Location Analytics

Faverwood

North East, North East NE33 3EN
Scholars Park at Westoe Villag
4
Bedrooms
4
Bathrooms
1,900
Est. Sq ft
detached
Type

Developer

Miller Homes
Available Plot Numbers
15
1 plot(s) available
Ownershipfreehold

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Faverwood
FaverwoodNorth East£570,000

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