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11 Gladstone Street, Newcastle upon Tyne, NE15 8DJ - Image 1
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11 Gladstone Street, Newcastle upon Tyne, NE15 8DJ

North East

£15,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This vacant freehold terraced property presents a promising investment opportunity for those looking to engage in a refurbishment project. Comprising three bedrooms, a reception room, kitchen, and bathroom, this home is ripe for modernisation and enhancement to create either a contemporary family residence or an attractive rental asset. The ground floor layout allows for various design concepts, while the first floor accommodates ample sleeping space. Externally, the property features a rear garden that could be transformed into an appealing outdoor area. Located in the desirable Lemington area of Newcastle, it enjoys proximity to local amenities, schools, and transport links. With a strategic approach to renovations, there is strong potential to significantly increase the property's 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
£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
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

11 Gladstone Street, Newcastle upon Tyne, NE15 8DJ
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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
£54
Based on a loan of £11,250 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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