About This Property

Discover what makes this home special

Faverwood is a spacious and modern detached family home located in the desirable NE33 3EN area of North East, North East. This property offers four well-proportioned bedrooms, including a principal bedroom with a dedicated dressing area and an en-suite bathroom, ensuring privacy and comfort for the homeowners. The ground floor features a large family/breakfast kitchen, a separate lounge, and a dining room, providing ample space for both everyday living and entertaining guests.

The property benefits from multiple bathrooms, including two en-suites and a family bathroom upstairs, plus a convenient ground floor WC. The inclusion of a laundry room adds practical value, while the detached nature of the home ensures privacy and a generous plot. Situated in a thriving community, Faverwood is perfect for families seeking a blend of comfort, style, and accessibility.

Property Features

This detached property boasts four bedrooms, including a principal bedroom with a dressing room and en-suite, plus an additional two en-suite bathrooms, offering luxury and convenience. The spacious family/breakfast kitchen is ideal for modern living, complemented by a separate lounge and dining room for versatile living spaces. Practical features include a laundry room and a ground floor WC, enhancing daily functionality. The property also benefits from a garden and garage, perfect for outdoor enjoyment and secure parking.

DetachedFour BedroomsThree En-suite BathroomsFamily BathroomGround Floor WCLounge+6

Local Amenities

Faverwood is situated close to excellent educational facilities such as Holy Cross R C Primary School and St Bede's Catholic School and Sixth Form College, making it ideal for families. Transport links are strong with Northumberland Park Metro Station nearby, providing easy access to Newcastle city centre and surrounding areas. The property is also conveniently close to major employment hubs like Cobalt Business Park and popular shopping destinations including Silverlink Retail Park. For leisure, residents can enjoy nearby green spaces and the scenic Whitley Bay Beach, offering a balanced lifestyle.

Holy Cross R C Primary SchoolSt Bede's Catholic School and Sixth Form CollegeNorthumberland Park Metro StationCobalt Business ParkSilverlink Retail ParkWhitley Bay Beach+1
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£565,000
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£565,000
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£565,000
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 £2,919/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£701,402
+£136,402 projected gain
5-Year Rent Forecast
£4,269/mo
Based on 7.9% annual growth
Price per Sq Ft£297
Annual Rent Income£35,028
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£701,402
5yr
£870,734
10yr
£1,080,945
15yr
£1,341,906
20yr
£1,665,868
25yr
Current: £565,000

Monthly Rental Income

Based on 7.9% annual growth
£4,269
5yr
£6,244
10yr
£9,132
15yr
£13,356
20yr
£19,533
25yr
Current: £2,919/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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£565,000
AvailableNB0000051785
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
44
1 plot(s) available
Ownershipfreehold

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Faverwood
FaverwoodNorth East£565,000

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