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Ross Lea, Shiney Row, DH4

North East

£150,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1109 sqft

Description

Nestled in the desirable Ross Lea area of Shiney Row, this spacious three-bedroom semi-detached home presents a promising canvas for renovation and personalisation. With vacant possession and no onward chain, it offers an excellent investment opportunity for buyers eager to make their mark. The layout includes a welcoming hallway that leads to the lounge, dining room, and kitchen, providing adaptable living spaces. The upper floor hosts three well-sized bedrooms along with a bathroom and a separate WC, ready for modern updates. Outside, the property boasts a generously sized private rear garden, along with a front garden, driveway, and access to a substantial garage. This property is set in a peaceful residential enclave known for its community spirit and proximity to local amenities, schools, transport links, and countryside walks—making it ideal for family living or investment. Early viewings are strongly encouraged.

Investment Analysis

(DH4 area)

Below Market Value

This property is priced -25.4% below area average per sq ft

-25.4%
Potential saving
This Property
£135/sq ft
Area Average
£181/sq ft
Avg Rent (weekly)
£155
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£221,290
10% above area average per sq ft
Potential ROI
+16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH4)

Area prices are falling by +2.6% over the last 12 months
3 year growth: -2.4%
5 year growth: 9.9%
Investment Disclaimer: Analysis based on DH4 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

Ross Lea, Shiney Row, DH4
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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
£549
Based on a loan of £112,500 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