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Monmouth Gardens, Wallsend

North East

£155,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house offers a promising opportunity for renovation or investment. The property features a spacious lounge and dining area, making it an excellent canvas to enhance the living space to suit modern standards. The kitchen, while functional, could benefit from a refresh and reconfiguration to maximize its potential. There is also an outhouse that provides additional storage or could be incorporated into future plans for expansion. The property boasts a significant rear garden with both decking and patio areas, which offers ample scope for landscaping or further development, subject to planning permissions. Each of the bedrooms is well-proportioned, allowing for versatile use as guest rooms or home offices. Located in proximity to local schools and transport links, this home not only serves as an ideal first-time purchase but also presents the potential for value enhancement through strategic renovations. With a council tax band of A and an EPC rating of D, there is room for improvement in energy efficiency as well. Overall, this property stands out with its chain-free status and represents a worthwhile investment opportunity in the North East region.

Investment Analysis

(NE28 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£187
Avg Yield
5.6%

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
42
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NE28)

Area prices are falling by -5.6% over the last 12 months
3 year growth: +6.5%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on NE28 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

Monmouth Gardens, Wallsend
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£549
Based on a loan of £116,250 over 30 years at 3.91% 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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