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The Rookery, Newcastle

West Midlands

£72,000

Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This property presents an excellent opportunity for renovation, having already undergone some preliminary building work that gives future owners a significant advantage in completing the project to their personal taste. Upon entry, you are welcomed into a versatile first reception room that can be easily adapted as a lounge or sitting area. Beyond this space lies a larger second reception room, perfect for family living or potential open-plan configurations (subject to necessary permissions). The layout includes a utility area that connects to the kitchen and ground-floor bathroom, both of which require comprehensive installation and finishing touches, allowing for complete customization. On the upper level, there are two generous double bedrooms alongside a third single bedroom that can serve as a child’s room, home office, or study. Additionally, there is a sizable storage cupboard previously designated for conversion into a WC, highlighting further development potential. The rear garden offers a private retreat predominantly laid to lawn with paved sections, providing ample space for landscaping and personal enhancement. This property is an ideal prospect for those wishing to invest in creating their dream home.

Investment Analysis

(ST5 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ST5)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +11.9%
5 year growth: +33.3%
Investment Disclaimer: Analysis based on ST5 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

The Rookery, Newcastle
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£257
Based on a loan of £54,000 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.

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