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Whickham View, Denton Burn, Newcastle Upon Tyne - Image 1
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Whickham View, Denton Burn, Newcastle Upon Tyne

North East

£60,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached house in Denton Burn presents a promising opportunity for those looking to invest in a property with significant renovation potential. Currently requiring a complete overhaul, the layout includes a ground floor with a hallway, lounge, dining room, and kitchen, while the first floor features two bedrooms and a bathroom. With the right vision and effort, this space could be transformed into a modern living environment. Externally, the property benefits from front and rear gardens as well as a driveway, providing valuable outdoor space that could be enhanced through landscaping or other improvements. The location offers convenient access to local public transport routes leading to Newcastle city centre and the MetroCentre. Moreover, proximity to major roadways like the A1 and A69 ensures easy commutes and connectivity. The property's double glazing throughout adds an element of energy efficiency that can be further optimized with renovations. As it stands, it is classified under Council Tax Band A, making it an attractive choice for buyers looking for lower ongoing costs post-renovation. Potential investors should also note that while there are no existing planning permissions or outstanding building works at the property, conducting due diligence regarding its leasehold status—57 years remaining as of November 2025—is advisable before proceeding. Overall, this house represents an appealing project for cash buyers seeking to create value in a developing area rich with historical significance tied to the North East's mining heritage.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Whickham View, Denton Burn, 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
£220
Based on a loan of £45,000 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