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Parsons Gardens, Dunston, Gateshead

North East

£120,000

Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious three-bedroom period terrace offers significant potential for renovation and investment. Ideal for first-time buyers, growing families, or savvy investors, this property is available without any chain complications. The layout includes a large entrance hall, a ground floor shower room, and a lounge featuring a bay window and decorative fireplace. A dining room connects to the fitted kitchen that leads out to a manageable rear yard. Upstairs, the landing serves three well-sized bedrooms along with a family bathroom. The exterior boasts low-maintenance gardens both at the front and back. With reliable gas central heating and double glazing already in place, this property provides a solid foundation for your vision of modern living in a thriving community. Located in Dunston, it benefits from excellent local amenities and convenient transport links to Newcastle and Gateshead, making it an attractive proposition for those looking to enhance its value through updates and improvements.

Investment Analysis

(NE11 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£196
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE11)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +7.1%
5 year growth: +25.4%
Investment Disclaimer: Analysis based on NE11 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

Parsons Gardens, Dunston, Gateshead
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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

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