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49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 1
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 2
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 3
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 4
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 5
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 6
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 7
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 8
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 9
49 Richardson Street, Ashington, Northumberland, NE63 0PN - Image 10

49 Richardson Street, Ashington, Northumberland, NE63 0PN

North East

£10,000
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home presents a viable investment prospect within a well-established residential neighborhood in Ashington. The property, measuring approximately 818 sq ft, is structurally standard for the area and offers a promising refurbishment opportunity. Internally, it requires modernisation to enhance its appeal and value, making it an attractive option for investors looking to improve rental returns or resale potential. With comparable properties in the vicinity priced between £60,000 and £90,000, there is significant scope for capital appreciation through strategic upgrades.

Investment Analysis

(NE63 area)
Area Average
£146/sq ft
Avg Rent (weekly)
£150
Avg Yield
4.6%

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
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE63)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +2.9%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on NE63 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

49 Richardson Street, Ashington, Northumberland, NE63 0PN
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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
£35
Based on a loan of £7,500 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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