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Wansbeck Road, Ashington, Northumberland, NE63 8HZ

North East

£125,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1150 sqft

Description

This end terraced house features three bedrooms and two reception spaces, offering ample opportunity for renovation or investment. Located on Wansbeck Road in Ashington's desirable west end, the property is conveniently close to local schools, shops, and transport links including a new train station providing access to Newcastle city centre. While the house is well-maintained with a modern gas combi boiler and double glazing, it does require some updating to meet contemporary standards. This presents a prime chance for investors or homeowners looking to add value through refurbishment. The accommodation includes an entrance porch, a lounge with a stone fireplace, a dining room with open access to the kitchen which features essential amenities but could benefit from modernization. The ground floor also hosts a practical cloakroom. Upstairs are three bedrooms equipped with fitted wardrobes and a family bathroom that showcases previous upgrades but would still require attention for full modern comfort. Externally, the property has an enclosed rear yard with access to a single garage. The front garden offers potential for enhancement as well. Given its no upper chain status, early viewings are encouraged to grasp this investment opportunity.

Investment Analysis

(NE63 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£109/sq ft
Area Average
£144/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£181,907
10% above area average per sq ft
Potential ROI
+21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE63)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.1%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on NE63 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

Wansbeck Road, Ashington, Northumberland, NE63 8HZ
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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
£451
Based on a loan of £93,750 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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