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Redesdale Gardens, Gateshead, Tyne And Wear, NE11

North East

£170,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
934 sqft

Description

This three-bedroom residence presents a unique opportunity for those interested in renovation and investment. While the home requires modern updates, its solid structure and functional layout provide a great foundation for customization. Offered with no onward chain, this property is ready for a new owner to reimagine its potential. The entrance features a paved driveway that leads to a welcoming porch. Inside, the hallway opens into a generous living and dining area characterized by an appealing archway that enhances the space. The kitchen, accessible from both the hallway and dining room, includes direct access to the rear garden, making it ideal for future enhancements or an open-plan redesign. The upper level comprises three well-sized bedrooms accompanied by a bathroom featuring a shower over the bath. Each bedroom offers various possibilities for updating and personalizing. Outside, the front of the property boasts off-road parking along with a small lawn area, while the rear garden combines lawn space with paved areas surrounded by mature shrubs. There is also pedestrian access to the garage, which adds further utility to this outdoor space. Situated in proximity to local amenities and bus routes, this location enhances its appeal for both homeowners and investors alike. The property’s renovation potential makes it suitable for buyers looking to transform a house into their ideal home or explore investment opportunities in the area. Given its characteristics and location, this property invites creativity and vision to unlock its full value.

Investment Analysis

(NE11 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£182/sq ft
Area Average
£184/sq ft
Avg Rent (weekly)
£194
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£189,247
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
118%
Properties sold annually

Local Market Trend (NE11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +8.0%
5 year growth: +20.9%
Investment Disclaimer: Analysis based on NE11 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

Redesdale Gardens, Gateshead, Tyne And Wear, NE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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