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Chevin Close, Newcastle upon Tyne, Tyne and Wear, NE6

North East

£63,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terraced house offers a promising opportunity for renovation, featuring three bedrooms and a spacious layout conducive to modern living. The property includes a generous garden, providing a serene outdoor space ideal for leisure or hosting gatherings. While the house is currently in need of updates, this presents an excellent chance for investors or buyers looking to personalize their new home. Conveniently located near local amenities, schools, and transport links, the location balances comfort with accessibility. The ground floor includes an entrance hallway, a sizeable lounge, a kitchen that opens to the garden, a bedroom, and a bathroom with both shower and separate WC. Upstairs are two additional bedrooms, including a dual-aspect master bedroom. With its chain-free status, this property is easily accessible for prospective buyers ready to invest in its potential.

Investment Analysis

(NE6 area)
Area Average
£200/sq ft
Avg Rent (weekly)
£293
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (NE6)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +17.5%
5 year growth: +27.7%
Investment Disclaimer: Analysis based on NE6 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

Chevin Close, Newcastle upon Tyne, Tyne and Wear, NE6
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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
£225
Based on a loan of £47,250 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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