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Melrose Avenue, Bedlington

North East

£115,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom property in Bedlington Station presents an exciting opportunity for renovation and investment. While the home currently requires updating, its layout features a spacious open-plan lounge and dining area that can be enhanced with modern finishes. The kitchen is functional but also offers the potential for reconfiguration or upgrading appliances to meet contemporary standards. On the first floor, you will find three bedrooms and a family bathroom that could benefit from modernisation to maximise comfort and appeal. Externally, the property includes a driveway leading to a single garage, along with a lawned garden at the rear—perfect for those looking to create outdoor living space. With good transport links and proximity to upcoming infrastructure developments such as the new train line, this property is ideally positioned for future growth in value, making it an excellent candidate for those seeking a project in a sought-after location.

Investment Analysis

(NE22 area)
Area Average
£181/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NE22)

Area prices are rising by +7.8% over the last 12 months
3 year growth: +1.2%
5 year growth: +25.8%
Investment Disclaimer: Analysis based on NE22 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

Melrose Avenue, Bedlington
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 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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