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Scott Avenue, Nelson Village, Cramlington

North East

£65,000
Listed on 22/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
754 sqft

Description

Located on Scott Avenue in the welcoming Nelson Village area of Cramlington, this semi-detached property presents an excellent opportunity for cash buyers looking to undertake a comprehensive renovation project. Offering two bedrooms and a spacious reception area, the home is currently devoid of a kitchen, providing a blank slate for those wishing to create a customized culinary space. This house is ideally suited for imaginative individuals or investors aiming to make significant improvements and capitalize on its potential. Cramlington boasts a strong community atmosphere and convenient access to local amenities such as shops, schools, and parks, making it an appealing choice for families and professionals alike. This property's location enhances its investment value, as future renovations could significantly increase its marketability within the vibrant neighborhood. In conclusion, this semi-detached house stands as a promising canvas for those ready to invest time and resources into transformation, making it a worthwhile consideration for cash buyers eager to start their refurbishment journey.

Investment Analysis

(NE23 area)

Below Market Value

This property is priced -59.5% below area average per sq ft

-59.5%
Potential saving
This Property
£86/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£176,330
10% above area average per sq ft
Potential ROI
+53.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (NE23)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +0.8%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on NE23 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

Scott Avenue, Nelson Village, Cramlington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£234
Based on a loan of £48,750 over 30 years at 4.06% 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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