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Warwick Street, Heaton

North East

£245,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This generously sized mid-terraced property is situated in the desirable area of Heaton, just moments from Heaton Park and a short stroll to Newcastle City Centre. With convenient access to local amenities, including reputable schools, shops, restaurants, and excellent transport links, this three-bedroom home represents a promising investment opportunity. The property boasts spacious interiors complemented by some charming original features, although it would benefit from modern updates in various areas. Key rooms include a welcoming entrance hallway, a bright and airy lounge with an expansive bay window, a separate dining room, and a dual-aspect kitchen that opens into the private rear yard. The first floor comprises three well-sized bedrooms along with a family bathroom featuring both a bath and separate shower cubicle. Additional highlights include boarded loft space for potential conversion and a sunny south-west facing garden at the rear. This property is ideal not only for families but also for buy-to-let investors looking to capitalize on its location and potential.

Investment Analysis

(NE6 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£318
Avg Yield
9.4%

Renovation Potential

Medium 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
33
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (NE6)

Area prices are rising by +13.3% over the last 12 months
3 year growth: +24.0%
5 year growth: +34.9%
Investment Disclaimer: Analysis based on NE6 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

Warwick Street, Heaton
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£884
Based on a loan of £183,750 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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