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Fountain Terrace, Bellingham, Northumberland, NE48 - Image 1
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Fountain Terrace, Bellingham, Northumberland, NE48 - Image 3
Fountain Terrace, Bellingham, Northumberland, NE48 - Image 4
Fountain Terrace, Bellingham, Northumberland, NE48 - Image 5

Fountain Terrace, Bellingham, Northumberland, NE48

North East

£195,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1755 sqft

Description

Situated within a sought-after North Tyne town, this stone and slate terraced house offers an abundance of potential for transformation. The property is ideally positioned near local amenities and is available with no onward chain, allowing for immediate occupancy. Inside, the layout presents a welcoming entrance lobby and hallway that features an ornate staircase leading to the upper levels. The ground floor boasts a generously sized living room complemented by a tiled fireplace and cornice detailing, along with a separate dining room showcasing built-in shelving. The kitchen includes essential fittings but requires modernisation to meet contemporary living standards. Additionally, a convenient downstairs cloakroom enhances functionality. The first floor houses four bedrooms, including two spacious doubles with period features, alongside a bathroom equipped with traditional fixtures. A study on the second floor provides further versatile space, ideal for remote work or additional storage. The enclosed rear garden features a sunny patio area and an outhouse, presenting opportunities for outdoor enhancements or landscaping. While the entire property is in need of refurbishment and updates to bring it into the modern era, it represents an excellent investment opportunity for those looking to create their dream home tailored to personal tastes.

Investment Analysis

(NE48 area)

Below Market Value

This property is priced -44.2% below area average per sq ft

-44.2%
Potential saving
This Property
£111/sq ft
Area Average
£199/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£384,170
10% above area average per sq ft
Potential ROI
+67.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NE48)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -5.6%
5 year growth: 2.3%
Investment Disclaimer: Analysis based on NE48 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

Fountain Terrace, Bellingham, Northumberland, NE48
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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
£714
Based on a loan of £146,250 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