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Whaggs Lane, Whickham, NE16 - Image 1
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Whaggs Lane, Whickham, NE16

North East

£700,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Set on a substantial plot in one of Whickham's desirable areas, this four-bedroom detached bungalow offers a promising opportunity for buyers looking to invest in a property they can personalize. The home is in need of refurbishment and presents significant potential to transform it into a modern family residence tailored to individual tastes. The layout includes an entrance lobby leading to a spacious hallway that connects all main living areas. The lounge features a classic bay window and opens up to the dining room through double doors, while sliding patio doors provide access to the expansive rear gardens—ideal for creating seamless indoor-outdoor living spaces perfect for entertaining. Comprising four well-sized bedrooms, this property offers versatile accommodation suitable for families or home offices, along with a family bathroom and separate WC. The exterior boasts generous garden spaces surrounded by mature trees and shrubs, enhancing the property's appeal, with ample off-street parking available on the driveway and a detached double garage that could serve as additional storage or workshop space. There is also scope for development or extension (subject to planning permissions). Located conveniently near local amenities including shops, schools, and cafes, as well as good transport links to Newcastle City Centre and surrounding areas, this bungalow not only provides living space but also the chance to create your dream home in an excellent location.

Investment Analysis

(NE16 area)
Area Average
£215/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by +11.3% over the last 12 months
3 year growth: 3.4%
5 year growth: 0.9%
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.

Location

Whaggs Lane, Whickham, NE16
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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
£2,564
Based on a loan of £525,000 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