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Kelvin Street, May Bank, Newcastle under Lyme - Image 1
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Kelvin Street, May Bank, Newcastle under Lyme

West Midlands

£140,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Terraced
Area
867 sqft

Description

This mid-townhouse offers a promising opportunity for those looking to invest in a property that can be personalised. Situated in the well-established Maybank area of Newcastle under Lyme, this three-bedroom home has been thoughtfully designed to allow for flexibility and enhancement. While it currently features UPVC double glazing and gas central heating, there is ample potential to make significant improvements over time. The front garden has the possibility of being adapted into off-road parking with the appropriate permissions, enhancing its practicality. On entering, you are greeted by an entrance lobby leading to a bright lounge with a pleasant front view. The rear houses a spacious kitchen-diner perfect for family meals, which connects seamlessly to the bathroom and rear lobby with garden access. Upstairs, three bedrooms provide options for family living or could be reconfigured into two bedrooms with an upstairs bathroom if desired—a layout that many buyers may find appealing. This property’s close proximity to local amenities and convenient access to major road networks makes it ideal for both homeowners and investors alike. With no onward chain, this is an attractive prospect for those eager to add value through renovation.

Investment Analysis

(ST5 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£161/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£218,302
10% above area average per sq ft
Potential ROI
+24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ST5)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +11.9%
5 year growth: +33.3%
Investment Disclaimer: Analysis based on ST5 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

Kelvin Street, May Bank, Newcastle under Lyme
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 over 30 years at 3.97% 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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