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Whaggs Lane, Whickham, Newcastle Upon Tyne, NE16 - Image 1
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Whaggs Lane, Whickham, Newcastle Upon Tyne, NE16

North East

£700,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Situated on a generous garden plot in one of Whickham's most desirable neighborhoods, this spacious four-bedroom detached bungalow presents a unique opportunity for renovation and investment. While the property is in need of refurbishment, it offers the perfect canvas for those looking to create a personalized family home or capitalize on its potential for future development. The layout begins with an entrance lobby that leads into a welcoming hallway, providing access to all main living spaces. The lounge features an attractive bay window and connects to the dining room through double doors. Sliding patio doors from the dining area open directly onto the expansive rear garden, promoting seamless indoor-outdoor living—ideal for gatherings or quiet afternoons in nature. The interior includes a fitted kitchen and four well-sized bedrooms that offer flexibility for various needs, whether accommodating family members, guests, or creating a home office space. Additionally, there is a family bathroom along with a separate WC to enhance convenience. Outside, the property boasts well-maintained gardens surrounding it, primarily laid to lawn and complemented by established shrubs and trees that enhance privacy and enjoyment of the outdoor setting. A driveway at the front allows off-street parking for multiple vehicles and leads to a detached double garage, which provides significant storage options or potential workshop space. Given its substantial plot size and favorable location, there may be opportunities for further expansion or development (subject to obtaining necessary planning permissions). The bungalow's position ensures easy access to local shops, schools, cafes, and amenities within Whickham Village. It also benefits from close proximity to public transport links and major roadways facilitating quick commutes to Newcastle City Centre and surrounding areas. This property represents an excellent chance to invest in a well-located home with ample space and the potential for transformation into your dream residence.

Investment Analysis

(NE16 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£195
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by +7.3% over the last 12 months
3 year growth: 11.7%
5 year growth: 5.8%
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.

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Location

Whaggs Lane, Whickham, Newcastle Upon Tyne, NE16
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