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Briar Edge, Newcastle Upon Tyne

North East

£175,000
Listed on 23/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house located in Forest Hall, NE12, presents an excellent opportunity for families and investors alike looking to craft a tailored living space. The property currently requires modernization, allowing buyers the chance to personalize the interiors to their liking. It features two spacious reception rooms, a kitchen with potential for improvement, and a family shower room. Accommodating includes two double bedrooms and one single bedroom, all benefiting from natural light through UPVC double glazed windows. The position within Council Tax Band B makes it an appealing option for budget-conscious buyers. Forest Hall is well-regarded for its community amenities along Station Road and surrounding areas, ensuring convenience for daily needs. Families will appreciate the proximity to reputable schools such as Forest Hall Primary School and St. Mary’s Catholic School. For outdoor enthusiasts, Richardson Dees Park and Springfield Park are nearby, providing ample recreational space. Commuting is made easy with Palmersville Metro Station just under a mile away, offering frequent services to Newcastle city centre in under 20 minutes. Bus connectivity further enhances access across the region, making this property not only a solid investment but also a comfortable home in a desirable area.

Investment Analysis

(NE12 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.1%

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
34
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +9.0% over the last 12 months
3 year growth: 5.9%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on NE12 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

Briar Edge, 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
£641
Based on a loan of £131,250 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