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Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 1
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 2
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 3
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 4
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 5
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 6
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 7
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 8
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 9
Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39 - Image 10
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Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39

North East

£135,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1085 sqft

Description

This three-bedroom property presents an opportunity for renovation and investment in a desirable location. The fitted kitchen is equipped with wall and base units, an electric oven, and hob, which seamlessly connects to the dining area. A staircase leads to the first floor where you'll find three bedrooms; the main bedroom comes with fitted wardrobes that house the boiler, ensuring convenience. The ground floor features a fully tiled bathroom and a good-sized living room, enhanced by an electric fire and sliding doors that provide access to the rear garden. Externally, there's off-street parking available at the front yard and a small enclosed garden at the back, offering potential for landscaping. While situated just off Station Road/Lockhaugh Road (A694) in Rowlands Gill, it remains within convenient reach of local shops and amenities such as a doctor's surgery, Post Office, pharmacy, and Tesco Express. The property is also close to Rowlands Gill Primary School and has easy access to Newcastle city centre and surrounding countryside walks. Given its current condition and layout, this property requires moderate improvements to maximize its potential, making it ideal for those looking to add value through renovations.

Investment Analysis

(NE39 area)

Below Market Value

This property is priced -40.0% below area average per sq ft

-40.0%
Potential saving
This Property
£124/sq ft
Area Average
£207/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£247,353
10% above area average per sq ft
Potential ROI
+54.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE39)

Area prices are rising by +7.7% over the last 12 months
3 year growth: 1.0%
5 year growth: 3.7%
Investment Disclaimer: Analysis based on NE39 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

Cowen Terrace, Rowlands Gill, Tyne and Wear, NE39
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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
£495
Based on a loan of £101,250 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