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Holmesdale Road, North Fenham, Newcastle upon Tyne, Tyne and Wear, NE5 3NL - Image 1

Holmesdale Road, North Fenham, Newcastle upon Tyne, Tyne and Wear, NE5 3NL

North East

£70,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house, available for auction, presents a unique investment opportunity for those looking to enhance a property. The home requires comprehensive updating across all areas, allowing prospective buyers to tailor renovations to their specific tastes and needs. Spread over two levels, the layout comprises an entrance hallway, a living room, a kitchen, three bedrooms, and a family bathroom. Outdoors, there is a rear yard or garden that could be developed further. Set in a well-regarded residential area of the North East, this property benefits from proximity to local shops and services, making it ideal for families or rental prospects. Its location ensures good transport links are readily accessible, enhancing its appeal for commuting. With vacant possession available upon sale, this property is ripe for those with a vision to unlock its full potential.

Investment Analysis

(NE5 area)
Area Average
£190/sq ft
Avg Rent (weekly)
£202
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
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
31%
Properties sold annually

Local Market Trend (NE5)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 2.1%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on NE5 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

Holmesdale Road, North Fenham, Newcastle upon Tyne, Tyne and Wear, NE5 3NL
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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
£256
Based on a loan of £52,500 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