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Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 1
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 2
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 3
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 4
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 5
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 6
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 7
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 8
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 9
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 10
Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS - Image 11

Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS

North East

£35,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
816 sqft

Description

This two-bedroom terraced property on Wear Street in Chopwell presents a promising opportunity for renovation and investment. Positioned in a well-connected area, the home offers essential living space while inviting creativity to transform it into a modern dwelling. The layout includes an entrance vestibule that leads into a spacious living room featuring a storage cupboard tucked under the stairs. This area, currently fitted with a gas fire and central heating radiator, provides a cozy atmosphere but also serves as a blank canvas for reimagining the space. The kitchen, equipped with wall and floor units along with an external door leading to the rear yard, offers flexibility for updates or complete redesign. On the upper level, two double bedrooms present practical accommodations with potential for upgrades. Both rooms include uPVC double-glazed windows and central heating radiators, ensuring comfort while you consider enhancements. The main bedroom features built-in storage, optimizing space usage. The bathroom includes essential fixtures and could benefit from modern styling. Externally, the property offers a concrete yard at the rear with an accompanying brick-built shed for additional storage or workspace needs. The front of the property has access to a communal path and public green space, enhancing outdoor appeal without maintenance burdens. Located within walking distance of local amenities such as supermarkets, parks, and dining options like micro pubs, this property is well-placed for convenience. Public transport links are readily available with bus routes connecting to Consett, Blackhall Mill, and Newcastle, while road access is efficient via the A694. With its need for refurbishment paired with a favorable location and solid structural foundation, this property represents an excellent investment potential for those looking to add value through renovations or as part of a rental portfolio.

Investment Analysis

(NE17 area)

Below Market Value

This property is priced -61.9% below area average per sq ft

-61.9%
Potential saving
This Property
£43/sq ft
Area Average
£112/sq ft
Monthly Sales
6
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (NE17)

Area prices are falling by +28.6% over the last 12 months
3 year growth: -32.3%
5 year growth: -21.6%
Investment Disclaimer: Analysis based on NE17 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.

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Location

Wear Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7BS
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