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Mutual Street, Wallsend

North East

£90,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace house presents an opportunity for renovation and investment, featuring three bedrooms and two reception areas. Located on Mutual Street in Wallsend, the property is conveniently situated near a selection of local amenities, including schools, shops, healthcare services, and leisure facilities. Its proximity to major roadways and bus routes ensures easy access to surrounding areas, while Richardson Dees Park is within walking distance, providing outdoor space for recreation. Internally, the property displays some signs of smoke damage that indicate the need for modernization. However, with a thoughtful renovation plan, this home could be transformed into a charming family residence while retaining some of its original period features. The ground floor comprises an entrance lobby leading into a hallway with stairs to the upper level. The lounge and separate dining room each feature their own fireplaces—potential focal points after refurbishment. The kitchen includes a range of base and wall units along with space for essential appliances. The first floor accommodates three bedrooms along with a bathroom equipped with a three-piece suite. Each bedroom offers sufficient natural light via double-glazed windows and ample space for furnishings. Externally, the property includes a rear yard with an outhouse for additional storage and lane access—an attribute that can enhance convenience or provide further development possibilities. Equipped with double glazing throughout and gas central heating (although not tested), this property’s potential is enhanced by its freehold status. A careful approach to modernization could not only elevate living spaces but also significantly increase market value in this desirable area. Viewing is recommended to fully appreciate the possibilities this property holds for those looking to invest or create a customized home in Wallsend. For further information or to schedule a viewing, please reach out to our office.

Investment Analysis

(NE28 area)
Area Average
£169/sq ft
Avg Rent (weekly)
£177
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (NE28)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 13.5%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on NE28 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

Mutual Street, Wallsend
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