About This Property

Discover what makes this home special

Faverwood is a spacious detached family home located in the desirable NE33 3EN area of North East England. This well-designed property offers four generous bedrooms, including a principal bedroom with an en-suite and dressing area, making it ideal for modern family living. The ground floor features a large family/breakfast kitchen, a separate lounge, dining room, and practical laundry room, providing ample space for both entertaining and everyday activities.

Situated on plot number 20, this home benefits from a convenient location close to key amenities and excellent transport links. The property combines comfort, style, and functionality, making it a perfect choice for families looking to settle in a thriving community with access to quality schools and green spaces.

Property Features

This detached home offers a versatile and spacious layout with four bedrooms and three bathrooms, including two en-suites for added privacy and convenience. The principal bedroom boasts a dedicated dressing room, enhancing the luxury feel of the property. The open-plan family/breakfast kitchen is ideal for casual dining and family gatherings, while the separate lounge and dining rooms provide distinct spaces for relaxation and entertaining. Additional practical features include a laundry room, cloakroom, and ample storage solutions throughout the property. The garden and garage add further appeal for families and car owners alike.

DetachedFour BedroomsThree BathroomsEn-suiteDressing RoomFamily/Breakfast Kitchen+7

Local Amenities

Faverwood benefits from proximity to reputable local schools such as Valley Gardens Primary School and St Joseph's Catholic Academy, ensuring excellent educational opportunities for families. Transport links are strong with Cullercoats and Whitley Bay Metro Stations nearby, providing easy access to Newcastle city centre and beyond. Shopping needs are well catered for with Tesco Superstore and Morrisons within a short drive. For leisure, residents can enjoy the expansive Northumberland Park and the scenic Whitley Bay Beach, offering outdoor activities and relaxation in a beautiful coastal setting.

Valley Gardens Primary SchoolSt Joseph's Catholic AcademyCullercoats Metro StationWhitley Bay Metro StationTesco SuperstoreMorrisons+2
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

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good transport links to Newcastle and wider region
Strong local rental demand from families and professionals
Limited international profile of area
Stable but moderate capital growth forecast

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£317
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
AvailableNB0000051787
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Faverwood

North East, North East NE33 3EN
Scholars Park at Westoe Villag
4
Bedrooms
3
Bathrooms
1,800
Est. Sq ft
detached
Type

Developer

Miller Homes
Available Plot Numbers
20
1 plot(s) available
Ownershipfreehold

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Faverwood
FaverwoodNorth East£570,000

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