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New Ridley, Stocksfield, Northumberland, NE43

North East

£450,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom detached bungalow in the desirable New Ridley area presents a unique opportunity for buyers interested in renovation and investment. While the property requires comprehensive modernisation, it boasts a spacious layout and breathtaking views that highlight its potential. The single-level design includes well-proportioned bedrooms, with the largest offering ample space. An extensive living room serves as an inviting gathering place, providing direct access to a welcoming porch. The kitchen and dining area are functional but in need of updating, adjoining a utility room and attached garage for added convenience. The existing shower room and separate WC provide practicality for everyday use. Surrounding gardens require landscaping attention but offer significant outdoor potential for enhancement. This property is particularly appealing for individuals or families looking to create their ideal home in a quiet, community-rich setting, with plenty of scope for improvements and possible extensions subject to planning permissions. Located approximately 14 miles from Newcastle upon Tyne, New Ridley combines rural tranquility with easy access to urban amenities, making this bungalow an exciting prospect with excellent long-term value.

Investment Analysis

(NE43 area)
Area Average
£249/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE43)

Area prices are rising by +17.0% over the last 12 months
3 year growth: -0.2%
5 year growth: -6.1%
Investment Disclaimer: Analysis based on NE43 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

New Ridley, Stocksfield, Northumberland, NE43
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-9.1% since listed
£450,000£45,000(-9.1%)
17/10/2025
Current price
£495,000Initial listing
15/10/2025

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