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Carr Hill Road, Gateshead, Tyne and Wear, NE9

North East

£85,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom terraced house presents a promising opportunity for renovation and investment in a well-regarded area of Gateshead. While the property requires some updating, it offers a solid foundation for those looking to create value through improvements. Conveniently located, the house is within easy reach of local amenities and has strong transport links, making it an attractive option for potential tenants or future buyers. The layout includes an entrance hallway leading into a comfortable lounge, a functional kitchen, and a bathroom on the ground floor. Upstairs, you'll find two bedrooms along with an additional bathroom/WC. Outdoor space is equally noteworthy, featuring a front garden that welcomes you into the home. The rear garden includes both a patio area and a lawn, providing room for outdoor enhancements or relaxation. With its renovation potential and favorable location, this property could be transformed into a desirable living space or serve as an investment opportunity in the evolving housing market. Early viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(NE9 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£179
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 (NE9)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 9.5%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on NE9 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

Carr Hill Road, Gateshead, Tyne and Wear, NE9
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