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Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 1
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 2
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 3
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 4
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 5
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 6
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 7
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 8
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 9
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 10
Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 11

Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17

North East

£70,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1222 sqft

Description

This spacious three-bedroom terraced home presents a noteworthy opportunity for renovation and investment. Located within a well-connected neighborhood, the property is conveniently situated near essential amenities, schools, and transportation links, making it an appealing prospect for those looking to not only update a residence but also enhance its value. The internal layout features two sizable reception rooms that offer versatile options for modern living. Potential buyers will appreciate the flexibility these spaces provide—whether reimagining them as cozy lounges, dining areas, or functional workspaces. The kitchen is positioned at the rear of the house and is complemented by a downstairs WC, adding convenience to the main level. Upstairs, you will find three generously sized bedrooms along with a family bathroom. The entire upper floor requires refurbishment, but the existing layout allows for creative redesign opportunities that could significantly elevate the property's aesthetic and functional appeal. Observing transformations in neighboring homes can inspire what is possible here. Externally, this property stands out with its large rear garden—a valuable feature not often found in similar homes. This outdoor space opens up numerous possibilities for landscaping projects, seating areas, or even extensions (subject to planning permissions). Additionally, the detached garage located at the end of the garden offers secure parking or storage solutions. This property is being sold via a modern auction process, which accommodates both cash buyers and those seeking mortgage financing (pending lender approval). The streamlined auction system provides clarity and efficiency in purchasing. Given its generous room sizes, ample outdoor space, and the absence of an onward chain, this home represents an excellent investment opportunity for developers or individuals eager to create a personalized living environment from scratch. Viewings are encouraged to fully grasp the potential this property holds.

Investment Analysis

(NE17 area)

Below Market Value

This property is priced -49.1% below area average per sq ft

-49.1%
Potential saving
This Property
£57/sq ft
Area Average
£112/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£151,155
10% above area average per sq ft
Potential ROI
-5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (NE17)

Area prices are falling by +28.6% over the last 12 months
3 year growth: -32.3%
5 year growth: -21.6%
Investment Disclaimer: Analysis based on NE17 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

Chopwell Road, Blackhall Mill, Newcastle upon Tyne, Tyne and Wear, NE17
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