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Friarswood Road, Newcastle

West Midlands

£140,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom townhouse presents an excellent opportunity for renovation and investment in close proximity to Newcastle's town center. While the interior requires updating, the property offers a solid foundation with gas central heating and double-glazed windows throughout. The ground floor consists of a dining room, living room, kitchen, and bathroom. The dining room features a cozy atmosphere with a carpeted floor and radiator, providing ample space for family meals. Adjacent to it is a living room equipped with access to the cellar and stairs leading to the upper level. The kitchen is functional, boasting wooden wall and base units complemented by marble-effect surfaces, as well as necessary plumbing for appliances. The bathroom is fitted with a modern suite that includes a panelled bath and mixer shower, ready for some personal touches. On the first floor, you'll find three bedrooms of varying sizes—each equipped with carpet flooring and sufficient natural light from multiple windows. The largest bedroom benefits from dual aspect windows, promoting brightness and ventilation. A built-in cupboard is available in one of the other bedrooms, adding convenience for storage. Externally, the property features a walled forecourt at the front along with a rear garden that combines lawn space with paved areas—ideal for outdoor relaxation or potential landscaping improvements. Side pedestrian access enhances convenience. Given its location and potential after refurbishment, this property could yield a monthly rental income of approximately £800 or be suitable for student rentals at about £100 per week per room inclusive of bills. This represents not only an attractive living space but also an ideal candidate for investment in a sought-after area.

Investment Analysis

(ST5 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
71
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (ST5)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 15.7%
5 year growth: 29.8%
Investment Disclaimer: Analysis based on ST5 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

Friarswood Road, Newcastle
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