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5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 1
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 2
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 3
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 4
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 5
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 6
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 7
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 8
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 9
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 10
5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ - Image 11

5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ

North East

£63,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terraced house offers a promising renovation opportunity for those looking to invest in a property with strong potential. Situated in a sought-after residential area of the North East, the home is conveniently located near essential amenities, schools, and public transport, making it an attractive prospect for both homeowners and rental investors alike. The layout features an entrance hall leading to a spacious lounge and a kitchen that opens to the rear garden. It includes a ground-floor bedroom and a bathroom equipped with a shower over the bath, along with a separate WC. On the upper floor, you'll find a sizeable master bedroom and an additional single bedroom. The enclosed rear garden presents ample outdoor space that can be enhanced further. While the property needs modernisation throughout, it holds significant potential to create either an inviting family residence or a profitable investment property.

Investment Analysis

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

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
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

5 Chevin Close, Newcastle upon Tyne, Tyne and Wear NE6 4XJ
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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.

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