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Lorton Avenue, Marden, North Tyneside

North East

£335,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1369 sqft

Description

Nestled within the inviting surroundings of Marden Estate, this semi-detached bungalow presents a noteworthy opportunity for those interested in a renovation project or a chance to create their ideal living space. With two spacious double bedrooms, the layout is conducive to small families, couples, or individuals seeking a tranquil atmosphere. The property features two reception rooms that can serve as comfortable areas for both relaxation and entertainment, allowing for flexibility in how you choose to utilize the space. The kitchen and bathroom are functional but could benefit from modern upgrades, offering a solid foundation for homeowners looking to personalize their environment. An office space and conservatory add to the appeal, providing additional options for work-from-home setups or leisure activities. While the bungalow does require some updating, this opens the door to significant investment potential. Buyers can transform this property into a home that aligns with their specific tastes and lifestyle preferences. The opportunities for enhancements are substantial, making it an attractive prospect for those looking to invest in real estate with vision. Located in North Tyneside, the bungalow enjoys a community-oriented setting with easy access to local amenities, parks, and transport links. This property not only represents a potential home but also serves as a canvas ready for transformation—ideal for buyers eager to infuse their style and creativity into their living space.

Investment Analysis

(NE30 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£245/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£408,249
10% above area average per sq ft
Potential ROI
+10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE30)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 16.1%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on NE30 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

Lorton Avenue, Marden, North Tyneside
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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
£1,227
Based on a loan of £251,250 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