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Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 1
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 2
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 3
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 4
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 5
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 6
Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ - Image 7

Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ

North East

£45,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
665 sqft

Description

This two-bedroom mid-terrace house presents a promising opportunity for renovation and investment in a well-connected area. While the property is in need of refurbishment, its location near local amenities, schools, and transport links to Newcastle City Centre, the coast, and South Tyneside enhances its appeal for potential buyers. The layout features an entrance area leading into a spacious lounge equipped with a gas fire and a large UPVC double-glazed bay window that invites natural light. The kitchen, located at the rear, includes a functional range of base units and space for appliances, providing an ideal foundation for reimagining the heart of the home. A door from the kitchen opens to a sizable private garden that offers ample space for landscaping or outdoor living enhancements. Upstairs, two bedrooms provide comfortable accommodations; the larger room benefits from dual windows allowing for additional light and built-in storage to optimize space. The bathroom contains essential fixtures but also offers potential for modern upgrades. Externally, the front garden is mainly laid to lawn with mature borders, while the larger than average rear garden is fully fenced—ideal for creating an inviting outdoor retreat. Given its investment potential and strategic location, this property could become a valuable asset with thoughtful renovations tailored to contemporary tastes. Overall, this mid-terrace house not only offers charm but also presents significant possibilities for those looking to invest or create a personalized living space in a vibrant area.

Investment Analysis

(NE6 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£68/sq ft
Area Average
£194/sq ft
Avg Rent (weekly)
£322
Avg Yield
10.2%
Monthly Sales
27
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NE6)

Area prices are rising by +19.7% over the last 12 months
3 year growth: 29.6%
5 year growth: 37.5%
Investment Disclaimer: Analysis based on NE6 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.

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Location

Fossway, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 4UJ
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