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Wrekenton Row, Wrekenton

North East

£65,000
Listed on 10/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
656 sqft

Description

This two-bedroom semi-detached stone property presents a promising opportunity for those with a vision for transformation. The entrance lobby flows into the kitchen, which connects to the lounge and bathroom at the rear of the home. Upstairs, you'll find two distinct bedrooms; one features an ensuite WC, enhancing convenience. The external space includes a rear garden, perfect for outdoor enhancements. Located within a sought-after area, residents will enjoy proximity to local amenities, schools, and efficient transport links. While the property requires modernisation, it serves as an excellent canvas for buyers to personalize and elevate its appeal.

Investment Analysis

(NE9 area)

Below Market Value

This property is priced -50.2% below area average per sq ft

-50.2%
Potential saving
This Property
£99/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£192
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£143,454
10% above area average per sq ft
Potential ROI
+51.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (NE9)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +3.2%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on NE9 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

Wrekenton Row, Wrekenton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£234
Based on a loan of £48,750 over 30 years at 4.06% 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.

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