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Robert Street, Silksworth

North East

£119,950
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious three-bedroom dormer cottage presents a promising opportunity for renovation, situated in the sought-after Silksworth area. The property is being offered with no onward chain, allowing for a swift acquisition ideal for both investment and personal use. It boasts convenient access to local amenities such as shops, schools, and reliable transport links.

Inside, the layout features an entrance hall leading into a sizable lounge and a separate dining room that could be reconfigured for modern living. The fitted kitchen and ground floor bathroom provide functional spaces ready for updates. On the first floor, three generously proportioned bedrooms offer flexibility, suitable for families or as rental space.

The exterior includes a private rear yard, offering potential for landscaping or outdoor enhancements with minimal upkeep. Key updates include a new roof installed in January 2022, UPVC double glazing, and gas central heating system that increase energy efficiency while ensuring comfort.

This home stands as an excellent canvas for those looking to invest in a versatile property within New Silksworth’s residential market.

Investment Analysis

(SR3 area)
Area Average
£203/sq ft
Avg Rent (weekly)
£162
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
15%
Properties sold annually

Local Market Trend (SR3)

Area prices are falling by -9.9% over the last 12 months
3 year growth: -9.8%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on SR3 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

Robert Street, Silksworth
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £89,962 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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