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Shrigley Gardens, Newcastle upon Tyne, Tyne and Wear, NE3

North East

£135,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Located in the sought-after area of Kenton, this three-bedroom semi-detached home offers an appealing renovation opportunity for those looking to invest in a property with significant potential. The house is in need of comprehensive modernisation throughout, allowing buyers to tailor the space to their own style and needs, transforming it into a comfortable family residence.<br><br>Inside, the layout features a welcoming entrance that leads to a spacious living room at the front. To the rear, there is a kitchen equipped with French doors that open up to the garden, enhancing the indoor-outdoor flow. The garden boasts a decking area and includes access to the rear garage, which is also reachable from the kitchen.<br><br>On the upper level, you will find three bedrooms along with a family bathroom and a separate WC. Additionally, there’s a boarded loft providing extra storage options.<br><br>The property offers front and rear gardens along with off-street parking via a driveway and an accessible garage at the back. Its prime location near local amenities—including shops, supermarkets, schools—and convenient transport links into Newcastle city centre makes it particularly attractive for investors or buyers keen on undertaking a project. Early viewing is advised.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£24,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shrigley Gardens, Newcastle upon Tyne, Tyne and Wear, NE3
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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
£487
Based on a loan of £101,250 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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