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Kings Road, Wingate, TS28 - Image 1
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Kings Road, Wingate, TS28

North East

£40,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This semi-detached property in Wingate village presents an enticing chance for investors and first-time buyers. While the home requires updating, it offers the perfect blank canvas to enhance its appeal. Featuring two bedrooms, a functional kitchen, and a welcoming living area, there is significant scope for modernization throughout. The generous garden adds value with potential for landscaping or outdoor entertainment. Located in a desirable area with convenient access to local amenities, schools, and transport links, this property could be transformed into a lucrative asset. The combination of its layout and location makes it an excellent opportunity for those looking to invest in renovation work and increase property value.

Investment Analysis

(TS28 area)
Area Average
£178/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
7
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TS28)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -0.8%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on TS28 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

Kings Road, Wingate, TS28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£142
Based on a loan of £30,000 over 30 years at 3.91% 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

-27.3% since listed
£40,000£10,000(-20.0%)
10/04/2026
Current price
£50,000£5,000(-9.1%)
02/04/2026
£55,000Initial listing
19/02/2026

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