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Tiberius Close, Wallsend, Tyne and Wear, NE28 - Image 1
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Tiberius Close, Wallsend, Tyne and Wear, NE28 - Image 4
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Tiberius Close, Wallsend, Tyne and Wear, NE28 - Image 6

Tiberius Close, Wallsend, Tyne and Wear, NE28

North East

£60,000
Listed on 25/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

Located conveniently close to Wallsend's town centre, this two-bedroom first-floor flat presents an excellent opportunity for those looking to invest in a property with renovation potential. The flat is being offered with no upper chain, making it a straightforward acquisition for buyers. While the interior could benefit from modernisation to unlock its full potential, this space is ideal as either a personal residence or an investment property post-refurbishment. Key features include an entrance hallway with built-in storage, a generous lounge area, and a kitchen equipped with floor and wall units. Both double bedrooms offer ample space, while the master bedroom has direct access to a Jack and Jill bathroom that includes both a shower over bath and essential fixtures. Externally, there are communal gardens and allocated parking available. With early viewings highly recommended to prevent missing out on this promising property, the leasehold status and specifics regarding service charge and ground rent are yet to be confirmed due to the nature of the corporate sale.

Investment Analysis

(NE28 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.3%

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
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

Tiberius Close, Wallsend, Tyne and Wear, 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
£220
Based on a loan of £45,000 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