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Parkstone Avenue, Newcastle ST5

West Midlands

£175,000

Listed on 21/06/2026

Property details

Bedrooms
3
Type
Bungalow
Area
980 sqft

Description

This three-bedroom semi-detached property offers a compelling opportunity for buyers interested in a renovation project. Conveniently located within walking distance of the Royal Stoke Hospital and providing easy access to Newcastle town centre, this home is well-positioned for both personal use and rental potential. The layout includes two spacious bedrooms on the first floor alongside versatile ground-floor rooms that can be transformed into additional living spaces or offices, catering to diverse lifestyle needs. While the interior requires modernisation, this allows new owners to infuse their style and preferences into the design. The practical entrance hall leads to the main reception areas, and the kitchen presents opportunities for reconfiguration or expansion with appropriate permissions. Upstairs, naturally lit bedrooms provide ample accommodation, supplemented by a conveniently located family bathroom. Off-road parking enhances the property's appeal in this popular neighbourhood, along with excellent transport links that serve commuters and those seeking local amenities alike. This property stands as a promising investment for families, professionals, or investors looking to enhance value through thoughtful refurbishment.

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Investment analysis

(ST5 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£179/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£248,910
10% above area average per sq ft
Potential ROI
+10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ST5)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +13.4%
5 year growth: +32.9%
Investment Disclaimer: Analysis based on ST5 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

Parkstone Avenue, Newcastle ST5
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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
£661
Based on a loan of £131,250 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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