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Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 1
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 2
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 3
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 4
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 5
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 6
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 7
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 8
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 9
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 10
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 11
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 12
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 13
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 14
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 15
Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 16
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Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39

North East

£115,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1001 sqft

Description

This two-bedroom mid-terraced home, available with no onward chain, provides a significant opportunity for buyers looking to invest in a property that requires refurbishment. The residence features an entrance porch leading into a living space complete with a brick fireplace and sliding doors connecting to a dining area that includes the boiler. A separate sliding door then gives access to the kitchen, which has tiled flooring and various wall and base units, while a convenient shower room is also located on the ground floor. Upstairs are two generously sized double bedrooms, one of which includes built-in storage solutions. Externally, the property boasts a small lawned garden at the front and a rear yard. Across the road, there’s a garage for off-street parking in addition to an extensive allotment-style garden that offers ample potential for outdoor projects or personal use. Cooperative Terrace is located in High Spen, a semi-rural village offering local amenities such as shops and schools, as well as access to scenic countryside walks nearby. This property is an ideal project for those aiming to modernise and enhance its value through renovations.

Investment Analysis

(NE39 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£115/sq ft
Area Average
£205/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£225,340
10% above area average per sq ft
Potential ROI
+61.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NE39)

Area prices are falling by -7.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +0.1%
Investment Disclaimer: Analysis based on NE39 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

Cooperative Terrace, High Spen, Rowlands Gill, Tyne and Wear, NE39
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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
£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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