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Hall Road, Washington, NE37

North East

£100,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
839 sqft

Description

This end-terrace home features two spacious bedrooms and presents a notable opportunity for renovation and investment. The property boasts a layout that comprises an entrance vestibule, a comfortable lounge, a dedicated dining area, and a kitchen on the ground floor. Upstairs, you'll find two sizable double bedrooms along with a family bathroom. While the interior requires updating, this creates an appealing chance for buyers to personalize the space and potentially enhance its market value. Situated in Concord Village, this residence enjoys proximity to various local amenities including shops, cafés, restaurants, and a medical centre. Concord Bus Station is within walking distance, providing convenient transport options. The property also benefits from easy access to major roadways; the A1(M) is just three miles away, facilitating travel to Durham, Chester-le-Street, and Newcastle. Additionally, the A1231 connects directly to the A19 and Sunderland. For those looking for a traditional home with substantial potential for improvement in a well-connected area, this property represents an excellent investment opportunity. With thoughtful renovations, it can be transformed into a modern living space suited to individual tastes while capitalizing on its location's desirability.

Investment Analysis

(NE37 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£119/sq ft
Area Average
£146/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£135,020
10% above area average per sq ft
Potential ROI
+8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE37)

Area prices are rising by +26.2% over the last 12 months
3 year growth: 25.2%
5 year growth: 26.1%
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.

Location

Hall Road, Washington, NE37
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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
£366
Based on a loan of £75,000 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