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Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 1
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 2
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 3
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 4
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 5
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 6
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 7
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 8
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 9
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 10
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 11
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 12
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 13
Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ - Image 14

Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ

North East

£22,500
Listed on 06/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat occupies a position within a purpose-built block and presents an opportunity for renovation enthusiasts or investors. The property is currently vacant and requires modernisation, allowing for creative updates that could enhance functionality and aesthetics. Its location near Adelaide Terrace offers convenient access to local amenities, including shops, bars, and restaurants, while Newcastle City Centre is just 2.8 miles away. Additionally, the nearby parks provide attractive leisure options. The layout includes an entrance hallway, kitchen, reception room, bedroom, storage room, and bathroom/WC, making it a great candidate for a refurbishment project that could significantly increase its value.

Investment Analysis

(NE15 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£214
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Flat 38, Benwell Close, Benwell Grange, Newcastle upon Tyne, Tyne and Wear, NE15 6RZ
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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
£80
Based on a loan of £16,875 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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