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Hayleazes Road, Newcastle upon Tyne, Tyne and Wear, NE15 7TQ - Image 1

Hayleazes Road, Newcastle upon Tyne, Tyne and Wear, NE15 7TQ

North East

£90,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house presents a valuable opportunity for renovation in a sought-after neighborhood. With full modernization needed throughout, it offers a blank canvas for those looking to invest and tailor the space to their preferences, pending the necessary approvals. The ground floor features an entrance hall that leads into a lounge and a separate dining room, creating potential for an open-plan layout if desired. The kitchen, while compact, can be reimagined to enhance functionality and style. The staircase leads to the first floor where you will find two bedrooms alongside a bathroom, all of which can be transformed to reflect modern living standards. Outside, the property benefits from front and rear gardens that not only provide outdoor space but also present possibilities for landscaping or reconfiguration according to your vision. This setting allows ample room for creativity in outdoor design. Situated in a popular residential area, this property is conveniently located near local amenities and public transport options, enhancing its appeal for future occupants or renters. Given the current market conditions and demand in the locality, this home represents a solid investment opportunity with significant potential for value appreciation through refurbishment.

Investment Analysis

(NE15 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE15)

Area prices are rising by +9.3% over the last 12 months
3 year growth: 1.3%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on NE15 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

Hayleazes Road, Newcastle upon Tyne, Tyne and Wear, NE15 7TQ
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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
£330
Based on a loan of £67,500 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