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About This Property

Discover what makes this home special

The Lorimer is a stunning four-bedroom detached home located in the heart of Wallsend, Tyne and Wear. This contemporary property offers a perfect blend of modern design and functionality, making it an ideal choice for families. With a spacious layout, including a large open-plan kitchen and dining area, a family room, and a separate living room, this home is designed for both comfort and style. Upstairs, the four well-proportioned bedrooms include two en-suites, providing convenience and privacy for family members. The south-west facing garden ensures ample sunlight throughout the day, making it perfect for outdoor activities and relaxation.

Property Features

This property boasts a range of modern features, including a spacious open-plan kitchen and dining area, perfect for family gatherings. The south-west facing garden provides excellent sunlight throughout the day, while the double garage offers ample storage and parking. With two en-suite bathrooms, a utility room, and an NHBC warranty, this home is designed for convenience and peace of mind.

South-west facing gardenDouble garageEn-suite bathroomsOpen-plan kitchen/diningUtility roomNHBC warranty+1

Local Amenities

The Lorimer is situated in a prime location with access to excellent local amenities. Families will appreciate the proximity to Churchill Community College and other reputable schools. Commuters benefit from the nearby Hadrian Road Metro Station, providing easy access to Newcastle city centre and beyond. For shopping and leisure, Silverlink Shopping Park is just a short drive away, offering a variety of retail outlets and dining options. Additionally, Richardson Dees Park provides a green escape for outdoor enthusiasts.

Churchill Community CollegeHadrian Road Metro StationSilverlink Shopping ParkRichardson Dees ParkWallsend Health Centrelocal restaurants and cafes
Wallsend Metro Station Train Station (1.2 miles, 5 minutes drive) • 15 minutes by car, 20 minutes by Metro to Newcastle upon Tyne

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£424,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£424,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
78/100
ChallengingModerateGoodExcellent
Strong rental demand
Good transport links
Proximity to schools and amenities

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£424,995
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
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
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
5.6%
Based on £2,000/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£522,062
+£97,067 projected gain
5-Year Rent Forecast
£2,375/mo
Based on 3.5% annual growth
Price per Sq Ft£236
Annual Rent Income£24,000
10-Year ROI226%
Break-Even Point18 yrs

Property Value Projection

Based on 4.2% annual growth
£522,062
5yr
£641,300
10yr
£787,770
15yr
£967,694
20yr
£1,188,712
25yr
Current: £424,995

Monthly Rental Income

Based on 3.5% annual growth
£2,375
5yr
£2,821
10yr
£3,351
15yr
£3,980
20yr
£4,726
25yr
Current: £2,000/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

Nearby Schools

Western Community Primary SchoolPrimary
Outstanding0.5 miles
St. Peter's CofE Primary SchoolPrimary
Good0.8 miles
Burnside Business and Enterprise CollegeSecondary
Good1.2 miles
Churchill Community CollegeSecondary
Outstanding1.5 miles
Monkseaton High SchoolSecondary
Good2.5 miles

Commute Time Planner

Newcastle City Centre
20 minutes
15 minutes
London King's Cross
3 hours
5 hours

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Family Room
Morning Good
Afternoon Excellent
Evening Moderate

Location Scores

72
Walk Score
Very Walkable
65
Transit Score
Good Transit
58
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green Spaces
Excellent Schools
Thriving Community

Connectivity

Broadband Speed
67 Mbps
FTTP (Fibre to the Premises)
Good
Mobile Signal
Excellent
EE, Vodafone, Three, O2

Future Developments Nearby

Commercial and Residential+Positive Impact
Wallsend Town Centre Regeneration
1 mileEst. 2026
Outdoor Space+Positive Impact
New Riverside Park
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

Portfolio Analysis

85
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
80%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£424,995

The Lorimer

Wallsend, Tyne and Wear, NE28 8SU
4
Bedrooms
3
Bathrooms
1,800
Sq Ft
detached
Type

Property Grades

Amenities88
Features90
Growth85
Yield84
Connect87
Transport85
Future83
Location88
Overall87

Developer

Bellway
Available Plot Numbers
196201
2 plots available
Ownershipfreehold

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