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23. Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 - Image 1
23. Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 - Image 2
23. Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15 - Image 3

23. Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15

North East

£25,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom apartment, approximately 55m2 in size, offers a prime refurbishment opportunity for investors and developers. Located on Denwick Avenue in NE15, this property is set to go under the hammer at an online auction, making it an attractive prospect for those looking to enhance its value through renovation. The layout consists of a welcoming entrance hall that leads into a cozy living room, a separate dining area, and a functional kitchen with access to the rear. On the upper floor, you'll find two bedrooms and a family bathroom. While the apartment is currently in need of cosmetic upgrades and modernization, it boasts practical dimensions that cater well to rental or resale markets post-renovation. The external space includes a modest front garden and an enclosed rear yard, offering potential for outdoor improvements. Situated within a desirable residential area of Newcastle's West End, with essential amenities and transport links nearby, this property holds significant investment potential for those willing to undertake the refurbishment work required.

Investment Analysis

(NE15 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.9%

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
27
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE15)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -2.5%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on NE15 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

23. Denwick Avenue, Newcastle Upon Tyne, Tyne And Wear NE15
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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
£89
Based on a loan of £18,750 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.

Stamp Duty Calculator

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