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Reasby Gardens, Ryton, NE40

North East

£85,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
654 sqft

Description

This two-bedroom semi-detached home in Ryton offers a rare chance for renovation enthusiasts or savvy investors. With no onward chain, this property is ready for immediate occupancy, but it also serves as a blank canvas awaiting your vision. The spacious entrance hall leads to a bright lounge, perfect for daytime gatherings. At the rear, the kitchen/diner provides ample space and storage, opening directly to an enclosed garden that presents numerous landscaping possibilities. Upstairs are two generously sized double bedrooms and a family bathroom featuring a three-piece suite. The front of the house benefits from a driveway for off-street parking, enhancing its practicality. Situated near local amenities and well-regarded schools, this property holds strong potential for those looking to make improvements or add value through thoughtful renovations.

Investment Analysis

(NE40 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£130/sq ft
Area Average
£205/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£147,333
10% above area average per sq ft
Potential ROI
+40.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE40)

Area prices are falling by +4.4% over the last 12 months
3 year growth: 0.8%
5 year growth: 7.2%
Investment Disclaimer: Analysis based on NE40 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

Reasby Gardens, Ryton, NE40
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£311
Based on a loan of £63,750 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