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Ellesmere Road, Newcastle upon Tyne, NE4 - Image 1
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Ellesmere Road, Newcastle upon Tyne, NE4

North East

£135,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1534 sqft

Description

This four-bedroom terraced house situated on Ellesmere Road in Benwell, Newcastle Upon Tyne, presents a valuable opportunity for renovation and investment. Located within close proximity to essential amenities such as shops and schools, this property is also just a short four-mile journey from Newcastle City Centre, benefiting from robust transport links including bus and rail services. The layout includes an entrance hallway leading to a spacious living room with a bay window, a second reception room, a kitchen, and a ground-floor bathroom. The first floor comprises the master bedroom—again featuring a bay window—along with three additional bedrooms, a dressing room, and a family bathroom. The property offers rear yard space for outdoor use. While the house requires some updating to realize its full potential, it holds promise as an ideal buy-to-let investment in this growing area.

Investment Analysis

(NE4 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%
Potential saving
This Property
£88/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£239
Avg Yield
7.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£278,252
10% above area average per sq ft
Potential ROI
+63.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (NE4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +24.5%
5 year growth: +23.6%
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

Ellesmere Road, Newcastle upon Tyne, NE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£487
Based on a loan of £101,250 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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