Worst House on the Street Logo
Hedworth Lane, Boldon Colliery - Image 1
Hedworth Lane, Boldon Colliery - Image 2
Hedworth Lane, Boldon Colliery - Image 3
Hedworth Lane, Boldon Colliery - Image 4
Hedworth Lane, Boldon Colliery - Image 5
Hedworth Lane, Boldon Colliery - Image 6

Hedworth Lane, Boldon Colliery

North East

£55,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor two-bedroom flat in Boldon Colliery presents a promising investment opportunity, perfect for those looking to undertake a renovation project. The property features a spacious lounge, kitchen, two sizable bedrooms, and a bathroom. Externally, it benefits from a private rear yard along with a workshop that could offer additional utility or storage solutions. Currently tenanted at £390 per month, this flat is ideal for investors interested in properties with existing rental income. Although the interior requires modernisation, its layout and location near local amenities and transport links enhance its potential to transform into a desirable residence. It’s advisable to view early to grasp the scope of improvements available.

Investment Analysis

(NE35 area)
Area Average
£173/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (NE35)

Area prices are falling by -3.9% over the last 12 months
3 year growth: +1.8%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on NE35 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

Hedworth Lane, Boldon Colliery
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£198
Based on a loan of £41,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development