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White House, Stella Road, Blaydon-on-Tyne, NE21 - Image 1
White House, Stella Road, Blaydon-on-Tyne, NE21 - Image 2
White House, Stella Road, Blaydon-on-Tyne, NE21 - Image 3
White House, Stella Road, Blaydon-on-Tyne, NE21 - Image 4
White House, Stella Road, Blaydon-on-Tyne, NE21 - Image 5

White House, Stella Road, Blaydon-on-Tyne, NE21

North East

£185,000
Listed on 10/02/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development site presents a compelling opportunity for investors and developers, complete with full planning consent for the construction of four two-bedroom apartments. The layout features two ground-floor units and two first-floor units, each designed to include comfortable living spaces that combine sitting, dining, and kitchen areas. Each apartment will also contain two bedrooms—one with an en-suite bathroom—and additional storage options. The property benefits from its location in the Ryton, Crookhill, and Stella ward of West Gateshead, along Stella Road (B6317), which connects the communities of Ryton and Blaydon. This area is well-served by local amenities, enhancing its appeal to potential renters or owners who value convenience. With planning permission granted by Gateshead Council under application reference DC/15/00245/FUL as of August 27, 2015, the project is ready for implementation. The surrounding infrastructure includes designated car parking provisions and access routes that have been outlined in the approved plans. Notably, part of the adjacent property to the west is owned by the seller, which may present opportunities for future collaboration or expansion. Key services including water, electricity, foul drainage, and data connections are understood to be available on-site; however, prospective buyers are advised to conduct their own inquiries regarding these utilities to ensure they meet their specific needs. Access to the site is currently via Stella Road from the south. The approved planning permissions detail a one-way access route from Haugh Lane through adjacent areas necessary for parking and transit. This setup not only aids in traffic management but also enhances accessibility for residents. The property will be sold freehold with vacant possession upon completion, making it an attractive proposition for those looking to begin construction promptly. Given the area's growth potential and demand for residential units, this site stands out as a solid investment opportunity within a community rich in resources and conveniences. Viewings are available by prior appointment only; interested parties should reach out via the agent for additional details or to express interest in this promising development endeavor.

Investment Analysis

(NE21 area)
Area Average
£175/sq ft

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
Monthly Sales
19
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (NE21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.5%
5 year growth: 20.3%
Investment Disclaimer: Analysis based on NE21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

White House, Stella Road, Blaydon-on-Tyne, NE21
Map showing location of White House, Stella Road, Blaydon-on-Tyne, NE21
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