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Melrose Avenue, Newcastle, Staffordshire, ST5

West Midlands

£190,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom semi-detached bungalow occupies a desirable corner plot, presenting an excellent renovation opportunity for those looking to invest in a property with ample potential. Ideal for first-time buyers, growing families, or retirees seeking to downsize, this home is conveniently situated near public transport, reputable schools, and local amenities amidst well-kept parks. The spacious layout includes a generous reception room illuminated by large windows that offer pleasant garden views and feature a charming fireplace. The kitchen boasts both base and eye-level units along with a dining area that is perfect for family meals. Comprising two double bedrooms—one with built-in wardrobes—and a single bedroom suitable as a child's room or office, this property allows for practical living spaces. The bathroom requires modernisation and represents an opportunity for buyers to tailor the home to their personal style. Outside, the property offers extensive parking options including a block-paved driveway for motorhomes or caravans, alongside mature gardens that provide relaxation space. The corner plot enhances privacy while offering significant outdoor space. This residence is not merely a home but a canvas for your vision in an appealing neighbourhood. Early interest is encouraged to seize this unique opportunity.

Investment Analysis

(ST5 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.5%

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
74
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ST5)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +11.4%
5 year growth: +26.8%
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

Melrose Avenue, Newcastle, Staffordshire, ST5
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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
£673
Based on a loan of £142,500 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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