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23 Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear, NE27 0JT - Image 1
23 Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear, NE27 0JT - Image 2
23 Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear, NE27 0JT - Image 3

23 Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear, NE27 0JT

North East

£23,000Guide Price

Listed on 28/08/2026

The listing

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat on the first floor presents an excellent opportunity for renovation and investment. Located in Backworth, Tyne and Wear, the property benefits from a communal garden and is conveniently situated for easy access to Newcastle upon Tyne. The flat is currently vacant and requires modernisation, making it ideal for buyers looking to add value through refurbishment. The surrounding area offers a range of amenities, including local parks and recreational facilities, enhancing its appeal for potential residents. This property is offered at auction, providing a unique chance to secure a home or investment in a desirable location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

49out of 100
Grade ELow opportunity

Confidence: LOW

This one-bedroom flat presents a unique opportunity for renovation in a well-located area of Backworth. With a guide price of £23,000, it stands out as a cheap option compared to the local average sale price of £255,685, making it an enticing proposition for those looking to invest in property.

While the interior shows significant signs of wear and requires substantial refurbishment across all rooms, including the dated kitchen and bathroom, this project allows for a personal touch and the chance to modernize the space according to your vision. With a renovation budget in the range of £50,000 to £100,000, there's ample scope to create a comfortable living environment that could see good returns in a growing location.

Key opportunities

  • Significantly lower guide price compared to local market averages.
  • Potential to modernize and personalize the living space.
  • Good location with amenities and transport links nearby.

Key risks

None recorded.

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Map

Location

23 Telford Close, Backworth, Newcastle Upon Tyne, Tyne And Wear, NE27 0JT
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£87
Based on a loan of £17,250 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.

Tax

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