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Lambourne Avenue, Newcastle Upon Tyne

North East

£137,500
Listed on 17/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property presents an excellent opportunity for those looking to invest in a home with significant renovation potential. Priced to reflect the need for modern updates, this house invites buyers to inject their own style and flair. The welcoming hallway leads into a spacious main reception room, which benefits from abundant natural light thanks to a large front-facing window and provides access to a conservatory extension that could be transformed into a charming living space. The L-shaped kitchen is generous in size but requires modernization, as does the adjacent ground floor wet room. Upstairs, you'll find two well-sized double bedrooms along with a single bedroom that could serve as a child’s room or home office, complemented by the family bathroom. Outside, the property boasts sizeable gardens at both the front and back — perfect for outdoor gatherings — alongside off-street parking via a driveway. Conveniently located within reach of local schools, shops, and transport links including Benton Metro station and Four Lane Ends Interchange, this property is poised for enhancement and value addition. It represents a remarkable chance to create a desirable family home or lucrative investment.

Investment Analysis

(NE12 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

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
37
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +8.7%
5 year growth: +22.1%
Investment Disclaimer: Analysis based on NE12 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

Lambourne Avenue, Newcastle Upon Tyne
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£496
Based on a loan of £103,125 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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