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Cross Bank View, Acomb, Hexham, Northumberland, NE46 - Image 1
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Cross Bank View, Acomb, Hexham, Northumberland, NE46

North East

£140,000
Listed on 10/11/2025

Property Details

Bedrooms
1
Type
Detached house
Area
506 sqft

Description

Nestled on the outskirts of Acomb, this semi-detached one-bedroom bungalow presents a unique opportunity for renovation and investment. With its pleasant outlook and established garden spaces at both the front and rear, the property boasts potential for enhancement and personalization. Inside, the bungalow features an entrance hall with built-in storage, setting a welcoming tone as you enter. The living room is generously sized, offering dual aspects that fill the space with natural light and provide lovely garden views. A decorative electric fireplace adds character, while traditional cornice ceilings are present throughout the home. The double bedroom overlooks the front garden and benefits from similar charming details. The bathroom is equipped with a panelled bath and an electric shower, but it is in need of modernizing to fully maximize its functionality. The kitchen includes fitted wall and floor units along with necessary appliances set against tiled splashbacks, providing a solid foundation for future upgrades. An integral garage offers additional storage space or potential conversion opportunities for those looking to expand their living area further. There’s also driveway parking available for two vehicles. Outside, both gardens are adorned with various shrubs and flowers, creating tranquil outdoor spaces that could be revitalized into inviting areas for relaxation or entertainment. With electric night storage heaters ensuring warmth year-round and double glazing enhancing energy efficiency, this property is functional as-is but invites creative vision. Offering immediate vacant possession and no ongoing chain adds to its appeal for first-time buyers or investors looking to capitalize on its renovation potential in a desirable location. This freehold property comes equipped with mains electricity, water, and drainage connections. It represents an excellent opportunity to create a personalized living space or investment property in a growing community setting. An internal inspection is strongly recommended to fully appreciate all that this bungalow has to offer.

Investment Analysis

(NE46 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£277/sq ft
Area Average
£259/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£144,410
10% above area average per sq ft
Potential ROI
-12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (NE46)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 1.3%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on NE46 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

Cross Bank View, Acomb, Hexham, Northumberland, NE46
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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
£513
Based on a loan of £105,000 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