About This Property

Discover what makes this home special

The Lorimer is a spacious detached family home located in the vibrant residential area near NE28 8SU, offering a perfect blend of comfort and modern living. Boasting four well-proportioned bedrooms and four bathrooms, including two en-suites, this property is designed to accommodate growing families or those who appreciate extra space. The ground floor features a large family room seamlessly connected to the kitchen/dining area, ideal for entertaining or relaxed family meals. The separate living room provides a quieter space for relaxation or work-from-home needs.

Situated within a well-planned community, The Lorimer benefits from a private garage, utility room, and ample storage throughout. The south-east facing rear garden enjoys good sunlight exposure, making it a pleasant outdoor space for gardening or social gatherings. This home combines practical living with thoughtful design, making it a desirable choice for buyers seeking quality and convenience in the North Tyneside area.

Property Features

This detached home offers four bedrooms and four bathrooms, including two en-suites, providing comfort and privacy for all family members. The ground floor layout incorporates a generous kitchen/dining area adjoining the family room, perfect for modern living and entertaining. Additional features include a utility room and a private garage, enhancing convenience and functionality. The south-east facing garden ensures good natural light throughout the day, ideal for outdoor activities and relaxation.

DetachedFour BedroomsFour BathroomsTwo En-suitesGarageUtility Room+4

Local Amenities

The Lorimer is located in a well-served area of North Tyneside with access to quality schools such as St. Bartholomew's C of E Primary and Monkseaton High School, making it ideal for families. Shopping needs are met by nearby Tesco Superstore and Silverlink Retail Park, offering a variety of retail and dining options. Outdoor enthusiasts will appreciate the proximity to Whitley Bay Beach and Hadrian Park for leisure and recreation. Excellent local pubs and restaurants add to the community feel, while Monkseaton Metro Station provides good connectivity to Newcastle and surrounding areas.

St. Bartholomew's C of E Primary SchoolMonkseaton High SchoolTesco SuperstoreSilverlink Retail ParkWhitley Bay BeachHadrian Park+2
Northumberland Park Train Station (1.8 miles, 7 mins drive) • 20 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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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-
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Compare Rates
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
65/100
ChallengingModerateGoodExcellent
Affordable price point
Limited direct international transport links
Good rental demand from local professionals

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£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
Durham
30 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

45
Walk Score
Car-Dependent
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial/Industrial+Positive Impact
Cobalt Business Park Expansion
1.5 milesEst. 2025
Residential/Community+Positive Impact
Northumberland Park Regeneration
1.8 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£429,995
AvailableNB0000034874
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
144
1 plot(s) available
Ownershipfreehold

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£429,995The Lorimer

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The Lorimer
The LorimerWallsend£429,995

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