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Albert Place, Low Fell, Gateshead, Tyne and Wear, NE9 5JE - Image 1
Albert Place, Low Fell, Gateshead, Tyne and Wear, NE9 5JE - Image 2
Albert Place, Low Fell, Gateshead, Tyne and Wear, NE9 5JE - Image 3

Albert Place, Low Fell, Gateshead, Tyne and Wear, NE9 5JE

North East

£60,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

Nestled just off Kells Lane, this end terrace stone fronted cottage presents a valuable opportunity for renovation enthusiasts and investors alike. This property is primed for modernization, making it an appealing choice for first-time buyers or those looking to enhance their rental portfolios. The home features UPVC double glazing and gas central heating, already providing some modern conveniences. Local amenities such as shops, bars, and restaurants are easily accessible, alongside efficient transport links connecting Newcastle, Gateshead, Durham, and Chester Le Street. Furthermore, the proximity to the A1 ensures convenient travel options. Internally, the layout comprises a lounge with an inviting living flame gas fire feature, a kitchen in need of installation, two bedrooms showcasing built-in storage options, and a bathroom equipped with essential fixtures. Outside, a compact paved yard at the rear offers additional storage potential. This property holds significant promise for those ready to invest time and resources into refurbishment.

Investment Analysis

(NE9 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£192
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (NE9)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +3.2%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on NE9 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

Albert Place, Low Fell, Gateshead, Tyne and Wear, NE9 5JE
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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
£216
Based on a loan of £45,000 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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