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Carlcroft Place, Cramlington, NE23 - Image 1
Carlcroft Place, Cramlington, NE23 - Image 2
Carlcroft Place, Cramlington, NE23 - Image 3
Carlcroft Place, Cramlington, NE23 - Image 4
Carlcroft Place, Cramlington, NE23 - Image 5
Carlcroft Place, Cramlington, NE23 - Image 6
Carlcroft Place, Cramlington, NE23 - Image 7
Carlcroft Place, Cramlington, NE23 - Image 8
Carlcroft Place, Cramlington, NE23 - Image 9
Carlcroft Place, Cramlington, NE23 - Image 10
Carlcroft Place, Cramlington, NE23 - Image 11

Carlcroft Place, Cramlington, NE23

North East

£145,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
866 sqft

Description

This two-bedroom semi-detached bungalow presents a significant opportunity for renovation and investment in a sought-after residential area of Cramlington, Northumberland. With vacant possession available, the property is well-positioned close to essential transport links, including bus routes and local train services, ensuring easy access to nearby amenities. The accommodation includes an entrance hallway that leads to a living room, providing a comfortable space for relaxation. The master bedroom features fitted wardrobes, while a second bedroom can easily serve as a guest room or office. The kitchen is functional but offers potential for modernization, and the family bathroom is ready for updates to enhance its appeal. Additionally, there is direct access to a garage and a utility room—features that may hold value for future renovations. Outside, the front garden is laid to lawn with established shrubs and includes a driveway leading to the single garage. The rear garden offers privacy with mature trees and shrubs, along with a paved patio area—an ideal setting for outdoor improvements or landscaping projects. Investors will appreciate the potential this property holds—not just in terms of its livable space but also given the ongoing efforts by the seller to acquire the Freehold. This could further enhance your ownership experience and increase long-term value. With local shops, restaurants, cafes, and leisure facilities all within reach, this bungalow represents an attractive project for those looking to invest in an area that's both convenient and community-oriented.

Investment Analysis

(NE23 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£167/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£206,762
10% above area average per sq ft
Potential ROI
+29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE23)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 7.6%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on NE23 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

Carlcroft Place, Cramlington, NE23
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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
£531
Based on a loan of £108,750 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