Glenfield Road,
Longbenton
Newcastle upon Tyne, NE12
Modernisation opportunity with value-add potential
Property Highlights
- Three-bedroom semi-detached configuration
- Property requires modernisation
- Approximately 871 sq ft / 81 sqm
- Freehold tenure
- Potential refurbishment and value-add opportunity
Modernisation opportunity in Longbenton.
Glenfield Road is a three-bedroom semi-detached property located in Longbenton, Newcastle upon Tyne, being marketed at £130,000.
The property requires modernisation and presents an opportunity for refurbishment and potential value creation, subject to survey, refurbishment costing, local market analysis and full investment due diligence.
With approximately 871 sq ft / 81 sqm of internal accommodation, the property provides a three-bedroom layout that may suit a refurbishment-led investment strategy, subject to confirmation of rental demand and the appropriate planning and licensing requirements.
Entry price within Tree Capital's sourcing criteria.
Meets Tree Capital's preferred tenure criterion.
Potential value creation through modernisation.
Approximately 81 square metres of accommodation.
Longbenton, Newcastle upon Tyne
Glenfield Road is located within the Longbenton area, north-east of central Newcastle and within the wider Freeman Hospital catchment being reviewed by Tree Capital.
Initial sourcing assessment indicates that Freeman Hospital is approximately within a one-hour walking range, with public transport connectivity also available in the wider Longbenton area.
Exact door-to-door walking and public transport journey times should be verified before progressing with the investment.
Figures remain subject to agent confirmation, research and full due diligence.
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