248 Station Road, Wallsend, NE28 8RD

UPRN:47085191Flat/Maisonette2 bedsBuilt 1900-1929

LeaseholdCouncil Tax: Band AEPC: D (64)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 2mo agoAmenities· 1mo agoArea· Census 2021Council Tax· 4mo ago

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£99,000

£94k - £104kHigh

Estimate

£99k

Range

£94k – £104k

Rent Estimate (pcm)

£800

£750 - £850

Monthly

£800

Yield

8.73%

Verdict

Derived from HomePortfolio scores

248 Station Road earns an INVESTIGATE rating with HP Score 71/100. Investment score 67/100 reflects moderate fundamentals. Crime intensity is moderate. Walkability is good (82/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

71/ 100

Mixed

Investment Score

67/ 100

Moderate

Crime Score

49/ 100

Elevated

Walkability

82/ 100

High

Transit & Bike

Transit 38Bike 66

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£110,000

At the asking price

Monthly rent£800/mo

Evidenced range £750-£850

Interest rate5.4%

Loan to value75%

Cash required: £34,300
Net cash flow: £183/mo
Cash on cash: 6.4%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.15 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£99,000

Rent Estimate (pcm)£800

Gross Yield8.73%

1y Growth+17.1%

3y Growth+2.0%

5y Growth+3.0%

10y Growth+3.6%

Last Sold Price£82,000 (2024-08-09)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseHigh

View Full Risk Report

Planning Activity

Recent Apps

0NE28 8RD

Approval Rate

-12mo

Development

low

26/01512/BNG
Discharge of mandatory BNG condition Plan (Informative 7) of planning approval 26/00915/FULM
Pending
26/01507/COND
Discharge of condition 4 (Noise Insulation Scheme) of planning approval 26/01266/PRIOTH
Pending
26/01472/FUL
Conversion of existing public house to 3no cluster flats, 3 no studio flats and 4 one bed flats. Removal of extension in the rear yard and construction of 2 storey extension to match existing building along with general building amendments
Pending

View Planning Timeline

Ownership

Corporate Ownership62.3%
Overseas OwnershipNo
Lease Term Remaining999+ yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2024-08-09
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

19 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£31,106

Population Density6,387 /km²

Owner Occupied50%

Age Distribution

0-15 17%16-64 69%65+ 14%

View Area Profile

Schools Nearby

Western Community Primary School
0.2 mi
Good
St Columba's Catholic Primary School, Wallsend
0.3 mi
-
Carville Academy
0.4 mi
Inspected as Carville Primary School (URN 108592) on 16 Sep 2025
Richardson Dees Primary School
0.5 mi
Good

3 of 12 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

252 Station Road
-
£69k
-
192 Station Road
-
£76k
-
194 Station Road
-
£76k
-
190 Station Road
-
£135k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN