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Dunston Bank, Gateshead, NE11

North East

£270,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1604 sqft

Description

This three-bedroom detached period property presents a unique opportunity for those looking to undertake a renovation project in a sought-after North East location. The house retains many characterful features, providing a solid foundation for modernization. A welcoming hallway invites you into well-sized reception rooms, where original solid wood floors create warmth and charm. The expansive living area is perfect for both relaxation and entertainment, while the dining room is an ideal setting for family gatherings or formal meals. The kitchen, although requiring updates, is spacious and offers excellent potential for redesign as a modern culinary hub tailored to personal tastes. The first floor accommodates three light-filled bedrooms with pleasant views, offering flexible space for families or home offices. Additionally, the family bathroom awaits refurbishment to tap into its full potential. This property also boasts a substantial garage suitable for storage or workshop activities, alongside off-street parking for multiple vehicles. With high ceilings and traditional detailing throughout, this home is not only an investment in brick and mortar but also an opportunity to restore its historical essence while creating a personalized living environment. Situated conveniently near local amenities, reputable schools, and transport options, this residence truly combines traditional architectural appeal with significant modernisation prospects.

Investment Analysis

(NE11 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£168/sq ft
Area Average
£184/sq ft
Avg Rent (weekly)
£194
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£325,002
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
118%
Properties sold annually

Local Market Trend (NE11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +8.0%
5 year growth: +20.9%
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

Dunston Bank, Gateshead, NE11
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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
£974
Based on a loan of £202,500 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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