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Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 1
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 2
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 3
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 4
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 5
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 6
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 7
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 8
Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4 - Image 9

Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4

North East

£205,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1399 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation and investment in a desirable neighborhood. The property features a spacious layout, making it an ideal candidate for family living or for those looking to create their dream home through modernization and personal touches. Upon entering, you will find a bright living room enhanced by a large bay window that invites abundant natural light. This space flows into an additional reception area, which serves as a flexible space suitable for either casual gatherings or formal dining. The rear porch adds further utility to the property, offering options for extra storage or a tranquil nook to unwind. The L-shaped kitchen is generously sized and connects to an attached garage, providing ample storage and significant potential for future development or extension, subject to planning permissions. Upstairs, the first floor accommodates a sizable master bedroom with its own bay window feature, alongside two additional bedrooms—one double with scenic views of the rear garden and another well-suited for use as an office, nursery, or guest room. The family bathroom includes both bath and sink facilities, complemented by a separate W/C for convenience. Outside, the property boasts a well-kept front garden with driveway access and a spacious rear garden designed for outdoor enjoyment. The patio area is perfect for entertaining guests and opens up to a larger lawn—ideal for family activities or gardening projects. Location is another strong point; this home is conveniently situated near reliable transport links that connect you to Newcastle city center and surrounding areas. Local amenities including reputable schools and vibrant high street offerings—ranging from food markets to shops and restaurants—further enhance the property's appeal. With its blend of comfortable living spaces and considerable scope for improvements, this property represents an excellent opportunity to invest in both your future lifestyle and potential capital growth in an attractive location.

Investment Analysis

(NE4 area)

Below Market Value

This property is priced -5.5% below area average per sq ft

-5.5%
Potential saving
This Property
£147/sq ft
Area Average
£155/sq ft
Avg Rent (weekly)
£244
Avg Yield
8.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£238,606
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE4)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 19.6%
5 year growth: 39.2%
Investment Disclaimer: Analysis based on NE4 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

Ilfracombe Ave, Grainger Park, Newcastle Upon Tyne, NE4
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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
£751
Based on a loan of £153,750 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