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Stephenson Terrace, Wylam, Northumberland, NE41

North East

£375,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1550 sqft

Description

Nestled within an appealing terrace of stone and slate homes, this four-bedroom property offers significant potential for renovation and personalization. With views overlooking the River Tyne, this spacious terraced house features both a garden and an enclosed rear yard along with double garaging. While the home is partly double glazed and equipped with gas central heating, it requires a comprehensive refurbishment to maximize its appeal. This presents a valuable opportunity for buyers to transform the space to suit their individual tastes and needs. The internal layout includes generous living areas complemented by period features, such as ornate cornice ceilings and fireplaces. The kitchen is functional but dated, providing a blank canvas for modern upgrades. An internal viewing is strongly encouraged to fully appreciate the scope for enhancement.

Investment Analysis

(NE41 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£242/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£479,958
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NE41)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on NE41 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

Stephenson Terrace, Wylam, Northumberland, NE41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 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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