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Brackenpeth Mews, Newcastle Upon Tyne

North East

£495,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This distinctive 3-bedroom detached bungalow presents an excellent opportunity for renovation and investment within the desirable Melbury development at Newcastle Great Park. Set on a substantial plot, the property features well-maintained landscaped gardens and generous private parking, with additional potential for further development, subject to the necessary planning permissions. Inside, you'll find a spacious entrance hallway leading to a large sitting/dining room with a charming feature fireplace. The kitchen is functional yet offers scope for modern updates and includes integrated appliances along with a centre island, connecting to both the utility room and an expansive conservatory that provides views of the tranquil rear garden. The accommodation also boasts three bedrooms, including a master en-suite, along with a family bathroom. A gravelled area along the side of the property could be developed further, making it ideal for those looking to enhance this home’s value. Additional benefits include UPVC double glazing and upgraded gas central heating via a combination boiler. This property not only offers comfortable living but also presents an enticing canvas for transformation in a location known for its accessibility and community spirit.

Investment Analysis

(NE3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£241
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NE3)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +16.4%
5 year growth: +9.7%
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

Brackenpeth Mews, Newcastle Upon Tyne
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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
£1,766
Based on a loan of £371,250 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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