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Ashfields New Road, Newcastle

West Midlands

£110,000
Listed on 23/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home in Newcastle-under-Lyme presents a valuable opportunity for renovation and investment. Featuring two reception rooms, a kitchen, and a bathroom, the property offers ample living space along with a good-sized garden at the rear that is fully slabbed for easy maintenance. A functional shed is also located behind the bathroom, providing additional storage options. The property requires extensive modernization, making it particularly appealing to investors or those looking to create a custom living environment tailored to their specifications. Given its current condition, there is considerable potential to enhance its value through strategic renovations. Located within close proximity to the town center, this residence benefits from excellent transport links and accessibility to local amenities, including schools and the university. These factors contribute to a strong rental demand in the area, which could translate into consistent income for prospective buy-to-let landlords. With some vision and effort, this home could become a lucrative investment or a personalized living space in a desirable location. The surrounding neighborhood adds further appeal, ensuring that this property could not only meet immediate housing needs but also serve as a solid long-term asset.

Investment Analysis

(ST5 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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

Ashfields New Road, Newcastle
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 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