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Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 1
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 2
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 3
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 4
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 5
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 6
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 7
Hassam Avenue, Cross Heath, Newcastle, ST5 9ET - Image 8

Hassam Avenue, Cross Heath, Newcastle, ST5 9ET

West Midlands

£95,000
Listed on 04/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace home presents a noteworthy opportunity for renovation and investment, ideally suited for those looking to add value through modernization. Located on the edge of Newcastle’s vibrant town center, the property offers convenient access to local amenities, schools, and transport links, making it an attractive prospect for potential tenants or future resale. The layout comprises an entrance hall leading into a spacious lounge with a storage cupboard and front-facing window. The kitchen/diner is equipped with fitted base and wall units as well as plumbing for essential appliances. A rear porch provides direct access to the garden, enhancing the practicality of everyday living. Additional features on the ground floor include a cloakroom with a low-level WC. Upstairs, two generously sized double bedrooms offer built-in storage options and ample natural light from their double-glazed windows. The bathroom includes a three-piece suite with a panelled bath and shower attachment. Externally, the property boasts gardens both at the front and rear; the latter includes a patio area and a brick store useful for outdoor storage or potential conversion into additional living space. The enclosed nature of the garden ensures privacy while providing an inviting outdoor area that could benefit from landscaping or other enhancements. This property is being sold under auction conditions, which presents both opportunities and considerations for prospective buyers. Given its current condition and location advantages, this home holds significant potential for investors looking to modernize or families keen on making it their own. Viewings are highly encouraged to appreciate fully the possibilities this property has to offer.

Investment Analysis

(ST5 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

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
74
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ST5)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 14.7%
5 year growth: 28.2%
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.

Location

Hassam Avenue, Cross Heath, Newcastle, ST5 9ET
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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
£348
Based on a loan of £71,250 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