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Kinross Drive, Newcastle Upon Tyne, Tyne And Wear NE3

North East

£130,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in a well-regarded residential neighborhood, this three-bedroom semi-detached home presents a promising opportunity for those looking to add their personal touch. The layout includes a living room, a functional kitchen, three decent-sized bedrooms, and a family bathroom. Notably, the property features a spacious rear garden that offers ample space for outdoor activities or potential landscaping projects. Though the interior could greatly benefit from updates and general modernization, it serves as an ideal canvas for creating a cozy and tailored living environment. The property's strategic location ensures easy access to local amenities such as shops, schools, and transport links, making it suitable for both families and commuters. Perfectly suited for first-time buyers or investors seeking a renovation project, this home is not to be overlooked. Early viewings are advised to fully grasp the investment potential that awaits.

Investment Analysis

(NE3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE3)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +14.7%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on NE3 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

Kinross Drive, Newcastle Upon Tyne, Tyne And Wear NE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 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.

Stamp Duty Calculator

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