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Highburn, Cramlington

North East

£120,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled within the appealing Higburn area of Cramlington, this three-bedroom home presents a noteworthy opportunity for those looking to invest or renovate. The property is conveniently located near essential transport links and a variety of local amenities, making it an ideal location for families and commuters alike. While the home requires updating, it offers significant potential for modernisation and personalization. The ground floor comprises a spacious lounge with a front-facing double glazed window, providing natural light, alongside a dining room that could easily serve as an inviting entertaining space. The kitchen features functional elements such as wall and floor units, a stainless steel sink, and access to a conservatory that opens up onto the rear garden—an excellent canvas for transformation or expansion. Upstairs, you will find three bedrooms that cater well to family living, complemented by a family bathroom and separate WC. Each bedroom benefits from double glazing and offers various options for configuration or redesign. Externally, the property boasts both front and rear gardens; while currently low-maintenance, there is great potential to cultivate these spaces into lush outdoor areas. A detached garage provides additional storage or parking, adding to the convenience of this home. Given its location in an area known for its rich mining history—relevant for any future investment considerations—this house offers more than just immediate comfort; it opens doors to creative renovation possibilities that could significantly enhance its value over time. Viewing is highly recommended to fully appreciate the potential that lies within this property.

Investment Analysis

(NE23 area)
Area Average
£214/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
38%
Properties sold annually

Local Market Trend (NE23)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 2.5%
5 year growth: 10.6%
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

Highburn, Cramlington
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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
£440
Based on a loan of £90,000 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