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St. Michaels Road, Newcastle, ST5

West Midlands

£145,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
788 sqft

Description

This property, offered with no upward chain, presents an intriguing opportunity for buyers looking to invest or embark on a renovation project in a desirable area. Located conveniently near the bustling town centre, it allows residents easy access to a variety of shops, amenities, and recreational facilities, making everyday life both practical and enjoyable. The property benefits from excellent transport connectivity, facilitating effortless travel to surrounding areas and major road networks—ideal for commuters or those who frequently travel. Internally, the home requires modernisation, providing a perfect canvas for prospective owners to infuse their personal style and enhance its value through careful upgrades. The flexible layout features spacious rooms that can be reconfigured to meet diverse lifestyle needs. Abundant natural light fills the spaces, creating a welcoming ambiance throughout. The kitchen and bathroom areas await innovative redesigns, while the sizable living areas offer comfort for families, couples, or shared living arrangements. Additional attributes include ample storage solutions and an efficient layout that optimises space. This property is ideally located for those who appreciate both tranquility and accessibility, with essential services and leisure options just a short stroll away. Whether you're a first-time buyer ready to design your ideal home, an experienced renovator searching for your next venture, or an investor aiming for strong rental returns, this residence offers unique potential in a prime location.

Investment Analysis

(ST5 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£184/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£200,144
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ST5)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +13.4%
5 year growth: +32.9%
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

St. Michaels Road, Newcastle, ST5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% 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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