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Wingrove Avenue, Newcastle Upon Tyne NE4 - Image 1
Wingrove Avenue, Newcastle Upon Tyne NE4 - Image 2
Wingrove Avenue, Newcastle Upon Tyne NE4 - Image 3

Wingrove Avenue, Newcastle Upon Tyne NE4

North East

£85,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

Located on the desirable Wingrove Avenue in Fenham, Newcastle upon Tyne, this two-bedroom ground floor flat serves as a promising investment opportunity for buyers or investors interested in a refurbishment project. The property features a generous layout, including a lounge, kitchen, two bedrooms, and a bathroom, complemented by access to a private rear yard. While the interior requires modernization throughout, it presents significant potential for those aiming to enhance its value. The surrounding area is well-equipped with local amenities such as shops, supermarkets, cafes, and educational institutions. Additional shopping and recreational options are readily available in nearby Fenham and the city centre of Newcastle. Convenient transport links ensure easy travel to the city centre and beyond. Given its current condition, cash offers are preferred. An early viewing is highly recommended to truly grasp the renovation possibilities this flat holds.

Investment Analysis

(NE4 area)
Area Average
£167/sq ft
Avg Rent (weekly)
£233
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +22.4%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on NE4 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

Wingrove Avenue, Newcastle Upon Tyne NE4
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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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