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Checkley Road, Waterhayes, Newcastle ST5

West Midlands

£310,000
Listed on 24/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home presents a noteworthy opportunity for renovation and investment in a desirable neighborhood. With a practical layout and spacious proportions, the property is well-positioned to become a comfortable family residence with some updates. Entering through the large hallway, you'll find convenient access to a cloakroom/storage area and a WC, along with direct entry into the garage. The ground floor encompasses a sizable kitchen that features French doors leading to the enclosed garden, creating potential for seamless indoor-outdoor living. A generous living room, highlighted by its feature fireplace, offers an inviting space for relaxation, while the separate dining room at the front of the house provides an excellent setting for family meals or entertaining guests. Upstairs, the accommodation includes a main bedroom equipped with an airing cupboard and an additional second bedroom that boasts an en-suite bathroom and wardrobe area. Two further well-sized bedrooms cater to family needs, accompanied by a family bathroom and boiler room that offer ample storage options. The private rear garden enhances outdoor enjoyment and safety while providing significant potential for landscaping or expansion. The property's front driveway accommodates parking for several vehicles, adding convenience for families or guests. Located beside a walkway leading directly to open fields, this home is ideal for those who appreciate outdoor activities such as dog walking and leisurely strolls. With reputable schools, shopping facilities, and strong transport links just moments away, this property not only offers immediate comfort but also exceptional long-term investment potential. Its combination of space, location advantages, and scope for enhancement makes it an attractive option in today’s market.

Investment Analysis

(ST5 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£31,000 - £77,500
10-25% of property value
Monthly Sales
69
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (ST5)

Area prices are rising by +13.7% over the last 12 months
3 year growth: 11.1%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on ST5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Checkley Road, Waterhayes, Newcastle ST5
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