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Cedar Road, Chesterton, Newcastle

West Midlands

£110,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Town House

Description

This traditional townhouse presents an excellent opportunity for investment or renovation in a well-connected area of Chesterton. The property is conveniently located near the A34 and A500, providing easy access to local shops, schools, and amenities. Although the home requires modernisation, it features Upvc double glazing and gas central heating, which are essential updates already in place. The layout includes an entrance hall that leads to a spacious through lounge/diner, a utility/store room, and a fitted kitchen that connects to a lean-to. Upstairs, there are three generous bedrooms along with a bathroom and separate WC ready for refurbishment. The front garden offers potential to create off-road parking (subject to planning consent), while the rear enclosed garden boasts patio space and established planting. This property is being sold with no vendor chain, allowing for quick progress on renovation plans.

Investment Analysis

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

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
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

Cedar Road, Chesterton, Newcastle
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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
£392
Based on a loan of £82,500 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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