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Clarewood Place, Fenham, Newcastle Upon Tyne - Image 1
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 2
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 3
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 4
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 5
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 6
Clarewood Place, Fenham, Newcastle Upon Tyne - Image 7

Clarewood Place, Fenham, Newcastle Upon Tyne

North East

£120,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
635 sqft

Description

This semi-detached bungalow in Fenham presents a unique opportunity for renovation and investment. The property features two well-proportioned bedrooms, one of which can easily serve as a dining room to accommodate modern living preferences. The interior includes a hallway that leads to a cozy lounge with a bay window, allowing ample natural light, and a functional kitchen equipped with a sink and access to the garage. Externally, the property offers front and rear gardens alongside a driveway, providing valuable off-street parking and additional space for outdoor activities or potential landscaping improvements. While the home is livable as is, there is significant potential for updates or expansion to enhance its appeal and increase its market value. Located conveniently near public transport routes leading directly to Newcastle city center and the MetroCentre, this property benefits from easy access to major roadways including the A1 and A69. This accessibility could attract future renters or buyers looking for convenience. The bungalow also features double glazing throughout, contributing to energy efficiency. As an investment opportunity, it offers scope for enhancement through renovations that align with current housing trends—ideal for those looking to capitalize on the increasing demand for homes in this area. Additional details include no known restrictions or planning permissions affecting the property, making it easier for prospective buyers to explore their options. With its blend of location advantages and renovation possibilities, this bungalow stands out as an intriguing prospect in Fenham's real estate market.

Investment Analysis

(NE5 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£189/sq ft
Area Average
£190/sq ft
Avg Rent (weekly)
£202
Avg Yield
5.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£132,890
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NE5)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 2.1%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on NE5 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

Clarewood Place, Fenham, Newcastle Upon Tyne
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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
£440
Based on a loan of £90,000 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