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Coniston Avenue, Whickham, Newcastle upon Tyne - Image 1
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Coniston Avenue, Whickham, Newcastle upon Tyne

North East

£250,000
Listed on 28/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1187 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for renovation or investment, situated in the sought-after Lakes Estate area of Whickham. With the added advantage of no onward chain, this property is primed for buyers looking to customize their living space or enhance its rental potential. Entering the house, you are greeted by an entrance hall with a convenient storage cupboard. The spacious lounge features a bay window and a traditional fireplace, creating a welcoming atmosphere. Adjacent to the lounge is a dining room with views of the garden, providing a cozy space for family meals or entertaining. The fitted kitchen includes a pantry cupboard under the stairs, while a sizable utility area offers direct access to both the garage and the rear garden. A downstairs WC adds practicality to the layout. Upstairs, the first floor hosts three well-proportioned bedrooms, each equipped with built-in wardrobes. The master bedroom also benefits from a bay window that enhances its appeal. Completing this level is a three-piece shower room, offering essential amenities. The exterior features a driveway leading to an integral garage, complemented by a private rear garden that consists of lawned areas, paved sections, and various planting opportunities—ideal for those looking to cultivate their green thumb or create outdoor entertainment spaces. Located in close proximity to Chase Park and within easy reach of Whickham's village amenities—such as convenience stores, local churches like St Mary’s Parish Church, and traditional pubs—this property enjoys both community feel and accessibility. The surrounding Derwent Valley provides picturesque walking paths, making it ideal for nature enthusiasts. Moreover, excellent transport links offer straightforward access to Newcastle city center, Metrocentre shopping hub, and other surrounding areas. With gas central heating and double glazing already present in this freehold home, there is significant scope for further enhancement based on individual preferences or market demands. This property represents not just a family home but also an investment opportunity ready for those willing to add value through thoughtful renovations and upgrades.

Investment Analysis

(NE16 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£211/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£280,791
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by +11.3% over the last 12 months
3 year growth: 3.4%
5 year growth: 0.9%
Investment Disclaimer: Analysis based on NE16 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

Coniston Avenue, Whickham, Newcastle upon Tyne
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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
£916
Based on a loan of £187,500 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