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Oswin Road, Forest Hall, Newcastle Upon Tyne - Image 1
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Oswin Road, Forest Hall, Newcastle Upon Tyne

North East

£129,950
Listed on 05/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This extended semi-detached house presents a promising opportunity for those looking to invest in a property with renovation potential. Located on a corner plot in the desirable area of Forest Hall, this two-bedroom home is offered with no upper chain, providing ease of acquisition. The property is in need of modernisation, allowing for personal touches that can significantly enhance its value. The interior comprises an entrance hall leading to a spacious lounge/dining room and a rear extension currently configured as a bedroom with wet room facilities. The kitchen, though functional, would benefit from updating and reconfiguration. Upstairs, you'll find two well-sized bedrooms alongside a family bathroom. Outside, the front and side gardens offer off-street parking and ample space for landscaping or outdoor improvements. With gas central heating and double glazing already installed, this property is structurally sound but requires aesthetic upgrades to reach its full potential in today's market.

Investment Analysis

(NE12 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +8.7%
5 year growth: +22.1%
Investment Disclaimer: Analysis based on NE12 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

Oswin Road, Forest Hall, Newcastle Upon Tyne
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,462 over 30 years at 4.06% 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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