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Vernon Drive, Monkseaton

North East

£425,000
Listed on 22/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This substantial four-bedroom semi-detached property presents an exciting opportunity for those looking to invest or renovate in a desirable neighborhood. Nestled near Monkseaton Village, the home is conveniently located within walking distance of local shops, amenities, and schools, making it an attractive option for families. The property boasts a spacious entrance vestibule that leads to a generous hallway with original panelling, setting the stage for the potential this home holds. The ground floor features two sizable reception rooms, providing ample space for entertaining or family activities. The living room includes a charming bay window, while the second reception room opens directly into the rear garden—an ideal flow for indoor-outdoor living. A functional kitchen is complemented by a utility room with access to the outdoor space. These areas could easily be reimagined to enhance their functionality and meet modern standards. On the first floor, you'll find four bedrooms, three of which are good-sized doubles. They offer flexibility for family use or can be transformed into dedicated workspaces or guest rooms. The family bathroom includes both a bath and hand basin, alongside a separate W.C., allowing for updates that could elevate the home's comfort and style. The property sits on a generous plot with wrap-around gardens, providing plenty of outdoor space for gardening or recreation. A garage and driveway offer practical parking solutions for multiple vehicles. Positioned in a sought-after area of Monkseaton, this home benefits from close proximity to reputable schools and easy access to public transport connections via the Metro station, which links you to surrounding towns and Newcastle City Centre. The nearby Whitley Bay seafront adds further appeal with its array of independent shops, cafes, restaurants, and scenic promenade. With its solid structure and prime location, this property demonstrates significant renovation potential for those willing to invest in modernization efforts. Whether seeking to create a family residence or exploring investment possibilities in this growing market, this home offers a unique canvas ready for transformation.

Investment Analysis

(NE25 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NE25)

Area prices are rising by +12.1% over the last 12 months
3 year growth: 29.9%
5 year growth: 32.5%
Investment Disclaimer: Analysis based on NE25 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

Vernon Drive, Monkseaton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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