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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 appealing detached bungalow presents an excellent investment opportunity in the desirable Melbury development of Newcastle Great Park. Set on a spacious plot, it features well-maintained landscaped gardens and generous private parking with potential for further development, pending necessary approvals. Inside, the property boasts stylish Amtico flooring throughout. The layout includes a welcoming entrance hallway with a convenient WC, a spacious sitting and dining area showcasing a charming fireplace, and a breakfast kitchen equipped with integrated appliances and a central island. Adjacent to the kitchen is a practical utility room leading to a large conservatory that offers views of the rear garden. The home accommodates three bedrooms, including a master with en-suite facilities, along with a family bathroom. Outside, the beautifully designed garden features lawned areas and patios, complemented by additional gravel space ideal for future projects. The front garden enhances curb appeal with wrought iron railings and ample paved parking space. There's also an attached garage for extra storage or vehicle shelter. Additional enhancements include UPVC double glazing and an upgraded gas central heating system. With its versatile spaces and prime location near transport links into central Gosforth, this property offers considerable potential for refurbishment or expansion.

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Investment analysis

(NE3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE3)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +14.7%
5 year growth: +9.9%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% 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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