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Cross Avenue, Wallsend, NE28

North East

£80,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
679 sqft

Description

This two-bedroom semi-detached home is positioned on a sizable corner plot in the sought-after area of Wallsend, presenting a wealth of renovation opportunities. The layout includes an entrance hallway leading to a spacious living room and a kitchen that offers ample space for reconfiguration. The bathroom is conveniently located at the rear. Upstairs, you'll find two generously sized bedrooms that are filled with natural light, providing flexible options for customization. The property's wrap-around gardens offer significant outdoor potential, ideal for landscaping or creating inviting outdoor areas to enhance your living experience. This corner plot not only adds to the property’s appeal but also allows for various modernisation possibilities, making it an excellent choice for those looking to inject their personal touch. Located just 4 miles from Newcastle upon Tyne, Wallsend is rich in history and community spirit, offering residents a blend of urban conveniences and historical charm. With its Roman heritage and vibrant local atmosphere, this town caters well to families, professionals, and investors alike. Residents benefit from local amenities including shops, cafes, and excellent leisure facilities like Richardson Dees Park. The town’s transport connections via Wallsend Metro Station provide easy access to both the city centre and coastal areas.

Investment Analysis

(NE28 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£118/sq ft
Area Average
£171/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£128,019
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NE28)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 11.8%
5 year growth: 24.6%
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.

Location

Cross Avenue, Wallsend, NE28
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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
£293
Based on a loan of £60,000 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