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Saxonfield, Coulby Newham

North East

£170,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a unique opportunity for renovation and investment, situated on a desirable corner plot within a well-regarded residential estate. The property boasts generous wraparound gardens, creating ample outdoor space that could be further enhanced or extended, subject to the necessary planning permissions. The location benefits from proximity to parks like Fairy Dell Park and Fairy Dell Nature Reserve, providing residents with access to green spaces for recreation and relaxation. Families will appreciate the nearby Rose Wood Academy, known for its supportive learning environment. Additionally, excellent commuting links via the A19 make this property ideal for those who need to travel to surrounding towns and cities. Currently tenanted, this property generates a monthly rental income of £780, making it a promising addition for investors seeking a ready-made rental asset. Upon entering, you are greeted by a welcoming hallway leading into an open-plan lounge and dining area. This bright space is perfect for both leisure and gatherings, with large double-glazed windows allowing an abundance of natural light while French doors provide easy access to the rear garden. The kitchen is equipped with practical base and wall units complemented by ample work surfaces, accommodating everyday cooking needs. It includes plumbing for a washing machine and features natural light through a double-glazed window. On the first floor, you'll find three well-sized bedrooms that offer flexibility in usage along with built-in storage options. The family bathroom features essential fixtures alongside tiling that provides ease of maintenance. Externally, the corner plot affords larger-than-average gardens that enhance privacy while offering scope for landscaping or other outdoor improvements. The lawned areas at both the front and rear invite relaxation and outdoor enjoyment. A side gate leads conveniently to the rear garden—including a paved patio area suitable for seating—while additional space can be utilized for practical purposes such as storage or utility needs. This property not only fulfills current living requirements but also offers significant potential for enhancement—making it an attractive prospect for both homeowners and investors alike.

Investment Analysis

(TS8 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS8)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 6.5%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on TS8 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

Saxonfield, Coulby Newham
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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