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Ashford, Gateshead

North East

£92,500
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
948 sqft

Description

This spacious three-bedroom residence presents an exceptional opportunity for first-time buyers or savvy investors looking to add value through renovation. With approximately 948 sq ft of living space across two floors, the property offers a functional layout that can be tailored to modern preferences. The ground floor features a welcoming lounge with a large front window that frames views of the adjoining green space, alongside a generous kitchen and dining area ideal for family gatherings. A useful utility room and rear lobby enhance functionality, while the upstairs hosts three well-proportioned bedrooms and a family bathroom fitted with a contemporary white suite. Though the home requires significant renovations throughout, it stands ready for transformation into a personalized living space. Externally, the property includes low-maintenance garden space and a valuable outbuilding for extra storage. Situated in a well-established residential neighborhood favored by families and commuters, this property is conveniently close to local shops, schools, and transport links facilitating access to surrounding areas—making it an attractive project for those willing to invest time and resources into modernization.

Investment Analysis

(NE9 area)

Below Market Value

This property is priced -50.9% below area average per sq ft

-50.9%
Potential saving
This Property
£98/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£192
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£207,309
10% above area average per sq ft
Potential ROI
+62.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (NE9)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +3.2%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on NE9 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

Ashford, Gateshead
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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
£334
Based on a loan of £69,375 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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