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23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 1
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 2
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 3
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 4
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 5
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 6
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 7
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 8
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 9
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 10
23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ - Image 11

23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ

North East

£40,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom apartment offers a solid investment opportunity within the sought-after West End of Newcastle upon Tyne. Spanning approximately 55m², this property presents itself as a promising refurbishment project ideal for investors or individuals looking to add value through modern enhancements. The layout features an entrance hall that opens into a living room (approx. 3.7m x 2.9m), a separate dining area (3.7m x 1.4m), and a fitted kitchen (2.1m x 3.3m) with direct access to the rear yard. On the first floor, you will find two well-sized bedrooms: the main bedroom (2.5m x 4.3m) and a second bedroom (1.8m x 3.0m), along with a family bathroom (2.2m x 3.0m). Externally, the property is complemented by a small front garden and an enclosed rear yard, enhancing its appeal for potential tenants or future buyers post-renovation. While in need of cosmetic updates and modernization, the existing structure is practical and well-proportioned, catering perfectly to the rental market or resale aspirations after refurbishment. Situated in an area with convenient access to local amenities, schools, and transport links, this apartment not only provides potential for financial gain through strategic upgrades but also positions itself within a vibrant community close to Newcastle city centre.

Investment Analysis

(NE15 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£223
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
30
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NE15)

Area prices are rising by +11.3% over the last 12 months
3 year growth: +0.3%
5 year growth: +16.7%
Investment Disclaimer: Analysis based on NE15 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

23 Denwick Avenue, Newcastle upon Tyne, Tyne and Wear NE15 8SQ
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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
£144
Based on a loan of £30,000 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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