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Wimberry Drive, Waterhayes, Newcastle, ST5

West Midlands

£280,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1277 sqft

Description

This four-bedroom detached family home presents a significant opportunity for renovation and investment, set within the desirable residential area of Waterhayes. With no upward chain, it offers a straightforward transition for prospective buyers looking to make their mark on a property that combines solid structure with ample potential. Upon arrival, you'll find a driveway providing generous off-street parking alongside well-established gardens that wrap around the property. This outdoor space not only enhances curb appeal but also presents possibilities for future extensions or enhancements to expand living areas. Stepping inside, the ground floor features an inviting hallway leading to spacious and adaptable living spaces. The through lounge and dining area is particularly welcoming, bathed in natural light thanks to sliding doors that open onto the rear garden. A practical layout includes a convenient ground floor WC and direct access to an attached garage. The kitchen, with views of the garden, connects seamlessly to the dining area, while a utility room accommodates appliances and provides additional access to outdoor space. The first floor comprises four well-proportioned bedrooms equipped with fitted wardrobes. The master suite comfortably fits a king-sized bed and includes an en-suite shower room, making it ideal for family living. The main bathroom is functional with its bath, shower over, wash hand basin, and WC. The rear garden offers mature landscaping and privacy, perfect for relaxation or outdoor gatherings. Its size not only serves current recreational needs but also suggests potential for expansion or additional parking if desired. This property is perfect for those looking to add personal touches or undertake significant renovations due to its versatile nature and strategic location within a family-friendly neighborhood. Viewing is highly recommended for anyone seeking both comfort and investment potential in their next home.

Investment Analysis

(ST5 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£219/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£319,569
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ST5)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 14.7%
5 year growth: 28.2%
Investment Disclaimer: Analysis based on ST5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wimberry Drive, Waterhayes, Newcastle, ST5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE