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Talke Road, Chesterton, Newcastle, ST5 7NH - Image 1
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Talke Road, Chesterton, Newcastle, ST5 7NH

West Midlands

£80,000
Listed on 07/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property, constructed from non-traditional BISF materials, presents a substantial investment opportunity for buyers looking to modernize. Nestled on a generous plot in a sought-after area of the West Midlands, it benefits from proximity to local schools, transport links, and amenities. The layout includes an entrance hall leading into a lounge with an electric fire, a dining room, and a kitchen equipped with basic fittings. A practical side porch complements the space along with a cloakroom w/c. Upstairs, there are three bedrooms and a wet room featuring essential fixtures. Despite its existing gas central heating and UPVC double glazing, the home requires comprehensive refurbishment to unlock its full potential. Outside, both front and rear gardens offer ample outdoor space for landscaping and leisure activities. This property is available under auction conditions with no upward chain, making it essential to view for those interested in capitalizing on its renovation prospects.

Investment Analysis

(ST5 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£247
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
83
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (ST5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 13.0%
5 year growth: 26.1%
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

Talke Road, Chesterton, Newcastle, ST5 7NH
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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
£293
Based on a loan of £60,000 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