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130 Condercum Road, Newcastle Upon Tyne NE4 9JE - Image 1
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130 Condercum Road, Newcastle Upon Tyne NE4 9JE - Image 3
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130 Condercum Road, Newcastle Upon Tyne NE4 9JE

North East

£15,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom first-floor flat in Benwell presents a valuable investment opportunity for those looking to engage in significant renovation. Currently in a state of disrepair, the property requires comprehensive refurbishment throughout, making it an ideal canvas for buyers seeking to modernize and add value. The layout includes a lounge with a gas fire, a compact kitchen, two bedrooms, and a bathroom, along with external access to a rear yard that offers potential for vehicle parking. Conveniently located near local amenities and transport links, this property is well-positioned for future rental or resale potential. A viewing is encouraged to fully appreciate the scope of work needed.

Investment Analysis

(NE4 area)
Area Average
£167/sq ft
Avg Rent (weekly)
£233
Avg Yield
7.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£18,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +22.4%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on NE4 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

130 Condercum Road, Newcastle Upon Tyne NE4 9JE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£53
Based on a loan of £11,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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