Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Lorimer is a spacious and modern detached family home located in the desirable Wallsend area of Tyne and Wear. Offering four well-proportioned bedrooms and three bathrooms, including two en-suites, this property is designed for comfortable family living. The ground floor features a large family room combined with a kitchen/dining area that opens onto the rear garden, perfect for entertaining and everyday living. The separate living room provides a more formal space for relaxation, while the utility room and cloakroom add practical convenience.

Situated on plot 180 within a thoughtfully planned development, The Lorimer benefits from a private garage and ample storage throughout. The rear garden faces south-east, allowing for pleasant morning and early afternoon sunlight, enhancing the living experience. Located close to Wallsend Metro Station and Newcastle city centre, this home offers excellent connectivity alongside access to local schools, parks, and amenities, making it ideal for families and commuters alike.

Property Features

This detached home boasts four bedrooms, including a master bedroom with an en-suite and a second en-suite for added privacy. The spacious family and kitchen/dining area is designed to be the heart of the home, with French doors leading to the garden. Additional features include a utility room, cloakroom, and a private garage, providing ample storage and convenience for family life. The south-east facing garden ensures good natural light in the mornings and early afternoons, perfect for outdoor activities and relaxation.

DetachedFour BedroomsThree BathroomsTwo En-SuitesSouth-East Facing GardenGarage+5

Local Amenities

The Lorimer is well positioned near key local amenities including Wallsend Metro Station, which offers direct access to Newcastle city centre within 20 minutes. The area is served by several reputable primary schools such as St. Peter's and Burnside Primary, making it suitable for families. Wallsend Park and Wallsend Sports Centre provide excellent recreational opportunities. For everyday shopping, Morrisons supermarket and Wallsend Town Centre are within easy reach, ensuring convenience and a strong community feel.

Wallsend Metro StationWallsend LibraryWallsend Sports CentreSt. Peter's Primary SchoolBurnside Primary SchoolWallsend Park+2
Wallsend Metro Station Train Station (1.3 miles, 6 mins drive) • 20 mins to Newcastle upon Tyne

Estimate Calculator

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
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-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Affordable property price
Good access to Newcastle city centre
Limited international transport links
Strong local rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
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
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 £2,196/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£527,597
+£102,602 projected gain
5-Year Rent Forecast
£3,212/mo
Based on 7.9% annual growth
Price per Sq Ft£230
Annual Rent Income£26,352
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£527,597
5yr
£654,969
10yr
£813,091
15yr
£1,009,387
20yr
£1,253,072
25yr
Current: £424,995

Monthly Rental Income

Based on 7.9% annual growth
£3,212
5yr
£4,697
10yr
£6,870
15yr
£10,048
20yr
£14,695
25yr
Current: £2,196/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
Newcastle International Airport
45 mins
30 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 Excellent
Afternoon Good
Evening Low
Living Room
Morning Moderate
Afternoon Good
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Wallsend Town Centre Regeneration
0.7 milesEst. 2025
* Information based on local planning applications and may be subject to change
£424,995
Available
View Location Analytics

The Lorimer

Wallsend, Tyne and Wear, NE28 8SU
Centurion Chase
4
Bedrooms
3
Bathrooms
1,850
Est. Sq ft
detached
Type

Developer

Bellway
Available Plot Numbers
180
1 plot(s) available
Ownershipfreehold

Request Information

£424,995The Lorimer

Enquire About This Property

The Lorimer
The LorimerWallsend£424,995

Property Assistant

Ask me anything