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Parkstone Avenue, Newcastle, ST5

West Midlands

£175,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
980 sqft

Description

This semi-detached three-bedroom home offers a promising opportunity for investors and those looking to make their mark in a desirable area. Situated conveniently within walking distance of the Royal Stoke Hospital and with good transport links to Newcastle town centre, the property’s location is ideal for both families and commuting professionals. The accommodation comprises two well-proportioned first-floor bedrooms, along with two adaptable ground floor rooms that could serve as additional bedrooms, offices, or entertaining spaces depending on your needs. The house requires thorough modernisation throughout, allowing future owners the chance to tailor every detail to their personal style and lifestyle requirements. The practical layout features an entrance hallway leading into spacious reception areas and a kitchen that has potential for redesign or extension (subject to planning permissions). The upper level houses generously-sized bedrooms filled with natural light, alongside a family bathroom strategically located to service the entire home. Notably, the property also includes off-road parking—a sought-after convenience in this vibrant local area. With its spacious layout and excellent potential for enhancement, this home is an attractive option for anyone eager to invest in a property where they can add value through refurbishment. Early viewing is encouraged to explore the full extent of what this home offers in terms of renovation opportunities.

Investment Analysis

(ST5 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£179/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£248,910
10% above area average per sq ft
Potential ROI
+10.6%
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

Parkstone Avenue, 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
£661
Based on a loan of £131,250 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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