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Wells Street, Boldon Colliery

North East

£120,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This mid-terraced property presents an excellent opportunity for renovation and investment. With vacant possession, it offers a flexible living arrangement suitable for first-time buyers, families, or investors seeking to add value. The ground floor boasts a lounge that flows into a second reception room, ideal for dining or as a home office space. The compact kitchen is equipped with modern white units and could benefit from some updating to meet contemporary standards. Upstairs, there are three bedrooms of varying sizes along with a family bathroom that may require refurbishment. At the rear, the enclosed yard adds privacy while the front garden provides potential for enhancement as an outdoor retreat. An allocated parking space adds practical value. Located in a desirable residential area with good access to local amenities and transport links, this property has the potential to be transformed into a comfortable home or a lucrative rental investment.

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Investment analysis

(NE35 area)
Area Average
£172/sq ft

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
6
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE35)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +10.7%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on NE35 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

Wells Street, Boldon Colliery
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-7.7% since listed
£120,000£5,950(-4.7%)
30/06/2026
Current price
£125,950£4,000(-3.1%)
26/03/2026
£129,950Initial listing
29/01/2026

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