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Northfield Road, Gosforth, Newcastle upon Tyne - Image 1
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Northfield Road, Gosforth, Newcastle upon Tyne

North East

£225,000
Listed on 02/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house on Northfield Road in Gosforth presents a valuable opportunity for renovation enthusiasts or investors looking to capitalize on a property with substantial potential. The home is in need of comprehensive updating throughout, making it an ideal canvas for those looking to apply their own design vision. The layout includes an entrance hall, a spacious lounge featuring bow bay windows and a charming fireplace, as well as a dining room that overlooks the rear garden through a box bay window. The kitchen has been extended and connects to an attached outbuilding, offering possibilities for further development. Upstairs, you'll find three generously sized bedrooms along with a bathroom suite that includes a separate WC, providing ample space for reconfiguration if desired. Externally, the plot boasts front and rear gardens plus a detached garage accessible via the rear alleyway. Located in the sought-after area of Gosforth, this property benefits from proximity to Elgy Green and the vibrant amenities along Gosforth High Street—including cafes, restaurants, shops, and supermarkets—alongside easy transport links to Newcastle and major roadways like the A1. With no onward chain complicating your purchase, this property is waiting to be transformed into a modern family home or attractive rental investment.

Investment Analysis

(NE3 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£247
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (NE3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +12.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on NE3 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

Northfield Road, Gosforth, Newcastle upon Tyne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 over 30 years at 4.06% 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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