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Southlands, Tynemouth

North East

£700,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2013 sqft

Description

Located in the sought-after Southlands area, this 1960s home offers over 2,000 square feet of living space and significant renovation potential. The layout includes two spacious reception rooms ideal for both relaxation and entertaining, as well as a flexible space that has been previously utilized as an office. This home features three generously sized bedrooms, providing ample accommodation for family or guests. One of the highlights is a balcony showcasing picturesque views of the adjacent golf course, a perfect spot for leisure or socializing outdoors. A double garage adds convenience with secure parking options. This property presents a unique opportunity for those looking to personalize their home or invest in renovations. Whether it's updating the interior finishes, modernizing the kitchen and bathrooms, or reconfiguring spaces to enhance functionality (subject to planning permissions), the options are plentiful. The tasteful blend of original features with contemporary upgrades can truly transform this house into your dream residence.

Investment Analysis

(NE30 area)

Above Market Value

This property is priced +28.3% above area average per sq ft

+28.3%
This Property
£348/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£600,297
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE30)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 16.1%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on NE30 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

Southlands, Tynemouth
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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
£2,564
Based on a loan of £525,000 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