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Broom Terrace, Whickham

North East

£160,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious mid-terrace house presents an excellent investment opportunity, situated conveniently within walking distance of Whickham Village. The property features three double bedrooms and a west-facing lounge that overlooks a communal green, providing a pleasant outlook. The existing layout includes a kitchen, utility room, family bathroom on the first floor, and a downstairs shower room/WC. Notably, there is potential to extend into the loft area, subject to obtaining the necessary planning permissions. The rear of the house offers an enclosed yard with on-street parking available. While the property has benefited from a new roof and fresh decoration throughout, further enhancements could significantly increase its value. Located near reputable schools, shops, and excellent transport links to both Newcastle and Gateshead city centres with no onward chain in place adds to its appeal.

Investment Analysis

(NE16 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.0%

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
31
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by -15.3% over the last 12 months
3 year growth: -2.9%
5 year growth: -2.1%
Investment Disclaimer: Analysis based on NE16 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

Broom Terrace, Whickham
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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
£567
Based on a loan of £120,000 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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