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Hexham Avenue, Heaton

North West

£170,000
Listed on 21/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
979 sqft

Description

This semi-detached family home presents a promising opportunity for renovation and investment, especially due to its ideal location just a short stroll from Doffcocker Lodge. The surrounding area boasts a variety of local amenities, including shops, schools, and convenient transport links, making it an attractive place for families and commuters alike. The property currently requires modernization, allowing prospective buyers the chance to customize the space to their liking. The ground floor offers an entrance hallway leading to a lounge with a bay window, a dining room featuring an electric fireplace, and a kitchen that includes fitted units and potential for upgrading. A pantry provides additional storage space. Upstairs, you'll find two bedrooms along with a versatile cot room or study that could serve as extra sleeping quarters or a dedicated workspace. The family bathroom features essential fixtures but could benefit from contemporary updates. Externally, access is gained via gated pathways leading directly to the front door and around to the rear of the property. The garden offers both a flat patio area suitable for outdoor relaxation and a lawned section alongside two storage sheds—ideal for organizing gardening tools or outdoor equipment. With no onward chain, this property holds significant potential for those looking to invest in an area that’s growing in demand. Local amenities combined with renovation possibilities make this home not just a residence but also an investment opportunity worth considering.

Investment Analysis

(BL1 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£174/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£228,841
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BL1)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 14.3%
5 year growth: 35.6%
Investment Disclaimer: Analysis based on BL1 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

Hexham Avenue, Heaton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE