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Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 1
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 2
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 3
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 4
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 5
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 6
Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS - Image 7

Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS

North East

£105,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Apartment
Area
674 sqft

Description

This apartment located in Newcastle upon Tyne offers promising investment potential for buyers looking to enhance its value. Featuring two generously-sized bedrooms filled with natural light and two bathrooms equipped with contemporary fittings, the space is designed with comfort in mind. The reception room is spacious, allowing for flexible living and dining setups. While the apartment is functional, it requires cosmetic upgrades and modernization throughout to reach its full appeal. The kitchen provides a practical area for daily activities but would benefit from a refresh. Its convenient location near local amenities and transport links makes it an ideal choice for those seeking easy access to both Newcastle city centre and the surrounding areas. This property is a blank canvas ready for your vision, making early viewing advisable to truly appreciate its investment potential.

Investment Analysis

(NE1 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£156/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£254
Avg Yield
9.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£163,924
10% above area average per sq ft
Potential ROI
+26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NE1)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -4.4%
5 year growth: +1.2%
Investment Disclaimer: Analysis based on NE1 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

Marconi House, Newcastle upon Tyne, Tyne and Wear, NE1 2JS
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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
£397
Based on a loan of £78,750 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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