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Falcon Court, Ashington NE63 - Image 1
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Falcon Court, Ashington NE63

North East

£200,000
Listed on 01/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
888 sqft

Description

This charming detached bungalow presents an excellent opportunity for renovation and investment, appealing to those eager to put their personal touch on a property. Nestled in a sought-after neighborhood, its layout includes a spacious lounge that seamlessly connects to a bright conservatory, providing a pleasant view of the private rear garden—perfect for both relaxation and entertaining guests. The two well-sized bedrooms offer flexibility for various living arrangements, while the fitted kitchen and family bathroom provide essential functionality. The property also boasts a generous driveway, ensuring ample off-road parking and easy access to the single garage. Given its solid structure and desirable location, this bungalow holds significant potential for updates or enhancements that could elevate its value. Whether you are looking to downsize, invest in a rental property, or embark on a home improvement project, this property offers the foundation necessary to create your ideal living space.

Investment Analysis

(NE63 area)

Above Market Value

This property is priced +70.2% above area average per sq ft

+70.2%
This Property
£225/sq ft
Area Average
£132/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.4%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£129,279
10% above area average per sq ft
Potential ROI
-48.3%
After renovation
Monthly Sales
24
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (NE63)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 17.9%
5 year growth: 8.1%
Investment Disclaimer: Analysis based on NE63 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

Falcon Court, Ashington NE63
Map showing location of Falcon Court, Ashington NE63
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