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12 Coventry Gardens, Newcastle upon Tyne NE4 8DX - Image 1
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12 Coventry Gardens, Newcastle upon Tyne NE4 8DX

North East

£38,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached home, available through an online auction process, presents a significant opportunity for investors and renovators alike. Nestled in the established area of Grainger Park, the property features an entrance hall, a bright living room with a bay window, a separate dining area, and a kitchen on the ground floor. The first floor houses two bedrooms alongside a family bathroom and an additional WC. Outside, you will find a front garden with driveway access and a back garden accompanied by a brick-built shed. With potential for modernisation throughout, this residence maintains some appealing period features that could be highlighted in any renovation plans. Its strategic location offers easy access to local amenities, transport links, universities, and hospitals, making it viable for both rental purposes and resale value enhancement once renovations are complete. The property is sold with vacant possession and carries promising projected rental income upon refurbishment of around £900 per month, alongside an anticipated resale value of approximately £120,000 to £140,000 post-renovation.

Investment Analysis

(NE4 area)
Area Average
£170/sq ft
Avg Rent (weekly)
£236
Avg Yield
7.6%

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
15
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE4)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +17.7%
5 year growth: +8.9%
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

12 Coventry Gardens, Newcastle upon Tyne NE4 8DX
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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
£136
Based on a loan of £28,500 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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