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Wardley Lane, Wardley, Gateshead, NE10 - Image 1
Wardley Lane, Wardley, Gateshead, NE10 - Image 2
Wardley Lane, Wardley, Gateshead, NE10 - Image 3
Wardley Lane, Wardley, Gateshead, NE10 - Image 4
Wardley Lane, Wardley, Gateshead, NE10 - Image 5
Wardley Lane, Wardley, Gateshead, NE10 - Image 6
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Wardley Lane, Wardley, Gateshead, NE10 - Image 8
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Wardley Lane, Wardley, Gateshead, NE10 - Image 10
Wardley Lane, Wardley, Gateshead, NE10 - Image 11

Wardley Lane, Wardley, Gateshead, NE10

North East

£200,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1109 sqft

Description

This semi-detached home is nestled in a peaceful cul-de-sac, presenting a unique opportunity for renovation and investment. Currently configured as a spacious two-bedroom residence, the property was originally designed as a three-bedroom layout, allowing for the potential to revert back or even consider extending at the rear (subject to necessary consents). Upon entering, you are welcomed by an entrance porch that has recently been re-plastered, leading into a hallway equipped with storage solutions. The interior features a comfortable lounge complete with a charming fireplace, and a separate dining room that offers versatility for entertaining or family gatherings. The kitchen includes a utility area, while the two double bedrooms provide ample space, with one having the possibility of being transformed back into two separate rooms. The property also boasts practical amenities, such as double glazing and gas central heating already in place. Outside, you’ll find a front garden with lawn space and block-paved driveway access leading to a garage. The expansive rear garden is an inviting feature as well, featuring both patio and lawn areas along with mature shrubs. Located in an area known for its quiet atmosphere and accessibility to local amenities, this property holds significant investment potential. With thoughtful updates and renovations, it can easily be transformed into your ideal family home or serve as an attractive option for rental income. This freehold property offers both flexibility and promise for those looking to add their personal touch while benefitting from an appreciating location.

Investment Analysis

(NE10 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£180/sq ft
Area Average
£163/sq ft
Avg Rent (weekly)
£175
Avg Yield
6.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£198,478
10% above area average per sq ft
Potential ROI
-9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE10)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 12.2%
5 year growth: 24.3%
Investment Disclaimer: Analysis based on NE10 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

Wardley Lane, Wardley, Gateshead, NE10
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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
£733
Based on a loan of £150,000 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