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Lilac Road, Newcastle upon Tyne, NE6 - Image 1
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Lilac Road, Newcastle upon Tyne, NE6

North East

£125,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Located on the sought-after Lilac Road in NE6, this three-bedroom mid-terraced house offers a spacious footprint ideal for renovation enthusiasts or investors aiming to increase property value. The home features an inviting entrance hall that opens into a sizable main reception room, where a large bay window enhances the sense of space and brightens the area with natural light. The living room, complete with a traditional fireplace, sets the stage for comfortable living. Towards the rear, you’ll find a generously sized kitchen that allows for dining and entertaining, along with easy access to a practical ground floor bathroom and utility space for added convenience. The utility area also leads directly to a private rear garden, perfect for relaxation or gardening pursuits. The first floor comprises three well-sized bedrooms. The principal bedroom boasts built-in storage, while the second bedroom also features useful built-in elements. The third bedroom's versatility makes it suitable as a nursery or home office. A separate WC adds functionality to this level. The property’s outdoor space at the back provides excellent potential for landscaping or creating an outdoor oasis. With local amenities such as shops and schools within easy reach and good public transport links to Newcastle City Centre and surrounding areas, this property stands out as an attractive prospect for families or first-time buyers looking to personalize their living space. While some refurbishment and modernization are necessary throughout the home, this presents an opportunity to create a tailored residence or rental investment that can yield significant long-term benefits.

Investment Analysis

(NE6 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£298
Avg Yield
8.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (NE6)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +15.8%
5 year growth: +27.3%
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

Lilac Road, Newcastle upon Tyne, NE6
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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
£472
Based on a loan of £93,750 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.

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