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Simon Hunter Way, Longlands

North East

£215,000
Listed on 25/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom home presents a valuable opportunity for renovation and investment. With a spacious southeast-facing rear garden, the property offers ample outdoor space that not only enhances the living experience but also allows for potential expansion or landscaping projects. Inside, the home features a practical layout starting with an entrance hall that leads into a through lounge with French doors, providing direct access to the garden. The kitchen/diner is equipped with modern high-gloss cabinetry and a gas hob, making it suitable for both cooking and entertaining. A convenient utility room offers additional storage and workspace, while a ground-floor WC adds to the home's functionality. On the upper level, you’ll find four well-proportioned bedrooms, including a master suite with its own en-suite bathroom. Each bedroom has been designed with comfort in mind and could benefit from updates to suit contemporary tastes. The family bathroom includes essential amenities and tiled finishes. Externally, off-street parking accommodates two vehicles in front of the garage, further enhancing convenience for families or guests. The expansive rear garden not only enjoys sunshine throughout the day but also holds significant potential for future enhancements such as extensions or outdoor living spaces. Located within walking distance of shops and with easy access to the A66, this property is ideally positioned for both residential enjoyment and rental demand. Its freehold tenure enhances its appeal as an investment opportunity in today’s market.

Investment Analysis

(TS4 area)
Area Average
£137/sq ft
Avg Rent (weekly)
£189
Avg Yield
8.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TS4)

Area prices are rising by +5.3% over the last 12 months
3 year growth: 0.7%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on TS4 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

Simon Hunter Way, Longlands
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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
£788
Based on a loan of £161,250 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