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Percy Terrace, Monkseaton

North East

£235,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1206 sqft

Description

Nestled in the desirable Percy Terrace area of Monkseaton, this two-bedroom mid-terrace home presents a valuable chance for buyers eager to personalize a property. Free from upper chain complications, this residence boasts historical charm, dating back around 150 years. Spanning approximately 676 square feet, the interior upholds a classic aesthetic, offering a canvas ripe for modernization and enhancement. Key features include double glazing and central heating, alongside a spacious reception room that showcases exposed beams and a cozy fireplace—elements that contribute to its unique character. The kitchen comes equipped with an array of units and worktops, accommodating essential appliances like a cooker, fridge, and washing machine. The bathroom is fitted with traditional elements such as a panelled bath and pedestal wash basin but awaits updates to meet contemporary tastes. The ground floor layout consists of the reception room and kitchen, while the first floor houses two bedrooms along with the bathroom. Outside, enjoy a south-facing rear yard perfect for soaking up the sun or cultivating your garden ambitions; additionally, the front town garden enhances curb appeal. Monkseaton is celebrated for its coastal charm, local amenities, and robust transport links—including convenient Metro access to neighboring areas—making it an attractive location for first-time buyers or investors looking for potential in an appealing seaside suburb. This property offers not just a home but also an opportunity for significant improvement.

Investment Analysis

(NE25 area)

Below Market Value

This property is priced -22.8% below area average per sq ft

-22.8%
Potential saving
This Property
£195/sq ft
Area Average
£252/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£334,635
10% above area average per sq ft
Potential ROI
+28.7%
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
22%
Properties sold annually

Local Market Trend (NE25)

Area prices are rising by +12.8% over the last 12 months
3 year growth: +34.2%
5 year growth: +32.2%
Investment Disclaimer: Analysis based on NE25 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

Percy Terrace, Monkseaton
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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
£848
Based on a loan of £176,250 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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