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George Street, Coxlodge

North East

£85,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced property, located in the well-connected area of Coxlodge, presents a promising opportunity for renovation and investment. Conveniently positioned on George Street, it offers easy access to local amenities including shops, eateries, parks, and educational facilities. Commuters will appreciate the proximity to Kenton and Gosforth, along with reliable transport links from nearby Fawdon and Wansbeck Road Metro stations. The current layout features an entrance lobby leading to a lounge, kitchen, ground-floor bathroom, two sizable bedrooms upstairs, and an additional W/C. While the property requires modernisation throughout, its structural integrity allows for significant transformation potential. Externally, a small front garden and an enclosed rear yard provide outdoor space that can be enhanced. This property is ideal for first-time buyers looking to make their mark or investors seeking to add value through refurbishment.

Investment Analysis

(NE3 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£245
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (NE3)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +14.7%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on NE3 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

George Street, Coxlodge
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£307
Based on a loan of £63,750 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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