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Hallow Drive, Newcastle upon Tyne, NE15

North East

£132,500
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1021 sqft

Description

This spacious three-bedroom semi-detached family home presents a unique opportunity for renovation and investment. Located in a well-connected area with accessible transport links, including bus routes along Hexham Road and close proximity to Blaydon and Wylam railway stations, this property is ideal for those looking to commute to the city centre or explore the scenic Tyne Valley. The convenient road access to both the A69 and A1 further enhances its appeal for regional travel. The layout includes an inviting entrance hallway, a generous lounge, a dining room, a kitchen with an adjoining utility room, two double bedrooms, one single bedroom, and a family bathroom on the upper floor. Outside, you’ll find a front garden and a sizeable private rear garden which offers potential for landscaping or outdoor entertaining spaces. While the property does require some updating, it holds significant potential to be transformed into an exceptional family residence tailored to your tastes. With the right updates, this home can become not only comfortable but also increase in value significantly.

Investment Analysis

(NE15 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£130/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£214
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£211,592
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NE15)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.9%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on NE15 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

Hallow Drive, Newcastle upon Tyne, NE15
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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
£473
Based on a loan of £99,375 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.

Stamp Duty Calculator

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