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Holly Avenue, Winlaton

North East

£99,950
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
880 sqft

Description

This chain-free three-bedroom end terrace presents a promising investment opportunity in need of modernisation. The property offers convenient off-street parking for two vehicles and features an extended layout including an open-plan lounge/dining area, a functional kitchen, and a bathroom on the ground floor. The first floor accommodates three bedrooms, providing ample space for family or rental potential. Outside, the enclosed rear garden includes a storage shed and patio areas, while the front driveway enhances accessibility. Positioned in the community-oriented village of Winlaton Mill, this home is within easy reach of Derwent Walk Country Park and various transport links, making it ideal for both residential living and future enhancement. Viewing is recommended to appreciate its full potential.

Investment Analysis

(NE21 area)

Below Market Value

This property is priced -36.1% below area average per sq ft

-36.1%
Potential saving
This Property
£114/sq ft
Area Average
£178/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£172,159
10% above area average per sq ft
Potential ROI
+37.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NE21)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on NE21 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

Holly Avenue, Winlaton
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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
£354
Based on a loan of £74,962 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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