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Willow Grove, Wallsend, Tyne and Wear, NE28

North East

£65,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Flat

Description

This three-bedroom upper floor flat presents an excellent opportunity for those interested in renovation and investment. Nestled in a convenient location, the property is within walking distance of essential amenities and transport links, making it attractive for both homeowners and potential renters. The flat features an entrance hallway that leads to a first-floor landing, providing access to a spacious lounge with built-in storage, a kitchen equipped with floor and wall units, and direct access to the rear. The layout includes two generously sized double bedrooms alongside a third single bedroom, suitable for various living arrangements. A family bathroom completes the accommodation. While the property is currently in need of modernization, this offers a blank canvas for creative updates that can significantly enhance its value. Potential buyers will appreciate the chance to customize the space according to their tastes or rental market demands. With no upper chain complicating the sale process, this property stands out as an inviting prospect for savvy investors looking to capitalize on its location and expansion potential. The leasehold status adds another layer of consideration for those exploring long-term investment opportunities in North Tyneside. Overall, a viewing is recommended to fully grasp what this flat has to offer and envision its possibilities.

Investment Analysis

(NE28 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NE28)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 11.8%
5 year growth: 24.6%
Investment Disclaimer: Analysis based on NE28 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

Willow Grove, Wallsend, Tyne and Wear, NE28
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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
£238
Based on a loan of £48,750 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