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Ellesmere Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear NE5 - Image 1
Ellesmere Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear NE5 - Image 2
Ellesmere Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear NE5 - Image 3

Ellesmere Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear NE5

North East

£120,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This impressive three-storey semi-detached residence, now offered for auction, serves as a promising prospect for investors and those eager to undertake a transformative project. Nestled in the sought-after community of Westerhope, the home has been partially renovated, providing a solid foundation for further enhancement and value addition. Spanning roughly 112 sqm across three levels, the property features a ground floor that includes an entrance hall, a spacious living room, a kitchen area with utility room and WC. The first floor hosts three bedrooms alongside a family bathroom and landing. The second floor boasts an expansive main bedroom complete with an ensuite plus additional storage nestled within the eaves. Externally, there is a front garden and driveway offering off-street parking, while the rear and side areas hold potential for further landscaping or extensions pending necessary approvals. Interior work has already begun with notable structural changes made, including plaster boarding and first-fix elements laid out. An advanced loft conversion adds to its charm with materials like a sauna unit being part of the sale. Despite these advancements, substantial completion is required throughout the interior, ideal for buyers looking to personalize their space and enhance its market value. The local amenities in Westerhope include schools, shops, leisure facilities such as swimming pools—all conveniently located within walking distance. Excellent transport links into Newcastle city centre are readily accessible via regular bus services along with proximity to major road networks including the A69 and A1; additionally, the airport is just a short drive away. This freehold property offers both an exciting renovation journey and an opportunity to invest in a thriving area.

Investment Analysis

(NE5 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£208
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NE5)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +0.6%
5 year growth: +16.2%
Investment Disclaimer: Analysis based on NE5 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

Ellesmere Avenue, Westerhope, Newcastle Upon Tyne, Tyne And Wear NE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £90,000 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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