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Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 1
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 2
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 3
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 4
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 5
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 6
Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY - Image 7

Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY

North East

£55,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Ground Flat
Area
715 sqft

Description

This two-bedroom ground floor flat in the Benwell area of Newcastle offers a promising investment opportunity, currently tenanted and positioned conveniently close to local amenities and transport links. The property features an entrance hallway, a lounge, a kitchen, two bedrooms, and a bathroom. While it is functional as is, some refurbishment would greatly enhance its appeal and value. The selective license area presents an added layer of investment potential for the discerning buyer looking to improve rental yield or resale value. Viewing is encouraged for those interested in exploring the numerous possibilities this property holds.

Investment Analysis

(NE4 area)

Below Market Value

This property is priced -54.8% below area average per sq ft

-54.8%
Potential saving
This Property
£77/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£236
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£133,941
10% above area average per sq ft
Potential ROI
+78.6%
After renovation
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

Clara Street, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8PY
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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
£196
Based on a loan of £41,250 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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