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46 Shafto Terrace, Washington, Tyne and Wear NE37 2DX - Image 1
46 Shafto Terrace, Washington, Tyne and Wear NE37 2DX - Image 2

46 Shafto Terrace, Washington, Tyne and Wear NE37 2DX

North East

£65,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-terrace property presents an excellent opportunity for those looking to invest in a renovation project. Located in a desirable residential area, the home is well-positioned with convenient access to local amenities and transport links, enhancing its appeal for future resale or rental purposes. Spanning approximately 93 square meters, the layout is functional and offers significant potential for reconfiguration and modernization. The ground floor features an entrance hallway that leads into a front living room, a spacious dining room, and a kitchen at the rear, along with a bathroom. On the first floor, you will find two generously sized double bedrooms equipped with built-in storage solutions. Externally, this property stands out with its gated driveway and enclosed rear yard, providing private outdoor space as well as off-street parking. While it currently requires comprehensive refurbishment throughout, this presents a unique chance for investors or homeowners to create a tailored living space that aligns with modern standards and preferences. With vacant possession and freehold tenure, this property offers flexibility and control over the renovation process. Additionally, essential features such as double glazing and gas central heating are present (though not tested), which can be advantageous during upgrades. In summary, this end-terrace home holds considerable promise for those willing to invest time and resources into transforming it into a contemporary residence with strong resale value or rental income potential.

Investment Analysis

(NE37 area)
Area Average
£146/sq ft
Avg Rent (weekly)
£160
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE37)

Area prices are rising by +23.4% over the last 12 months
3 year growth: 21.1%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on NE37 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

46 Shafto Terrace, Washington, Tyne and Wear NE37 2DX
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