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Haydon Close, Fawdon

North East

£40,000
Listed on 05/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom apartment on the first floor in Fawdon presents an exceptional opportunity for renovation, ideal for investors and first-time buyers alike. Conveniently located with easy access to the A1 and major transport links, including nearby metro stations and frequent bus services, this property is well-positioned for commuting to Newcastle and surrounding areas. The residence requires updating and modernisation, making it a blank canvas for your design ideas. The layout includes an entrance hallway with a useful storage cupboard, a generous lounge area, a kitchen equipped with an electric cooker point, a sizeable double bedroom with additional storage, and a bathroom featuring essential amenities. The added benefit of a garage in a separate block enhances the property's appeal. While it is currently leasehold with a short lease term that may require attention, this apartment holds significant potential for value appreciation through thoughtful renovations.

Investment Analysis

(NE3 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£245
Avg Yield
5.2%

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
57
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (NE3)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +14.7%
5 year growth: +13.5%
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

Haydon Close, Fawdon
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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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