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29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 1
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29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 3
29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 4
29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 5
29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 6
29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 7
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29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 9
29 Hopedene, Gateshead, Tyne and Wear NE10 8JA - Image 10
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29 Hopedene, Gateshead, Tyne and Wear NE10 8JA

North East

£30,000
Listed on 19/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house in a well-established residential area of Gateshead represents a noteworthy investment opportunity, ideal for those looking to undertake a renovation project. The property features generous living spaces, including a large lounge with a bay window, a separate dining room that flows into a bright conservatory overlooking the rear garden, and an ample kitchen with plenty of worktop space. Upstairs, you'll find three sizable bedrooms and a family bathroom that require modernisation. Outdoors, the property offers off-street parking, an attached garage, and a manageable garden area. With the potential for substantial value addition through refurbishment, this home is perfect for investors or buyers eager to personalise their living space. Viewing opportunities are available without appointment during specified times leading up to the auction.

Investment Analysis

(NE10 area)
Area Average
£162/sq ft
Avg Rent (weekly)
£180
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (NE10)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 12.0%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on NE10 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

29 Hopedene, Gateshead, Tyne and Wear NE10 8JA
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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
£110
Based on a loan of £22,500 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