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Kingsway, Sunniside, NE16

North East

£100,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This two-bedroom end-terrace house presents a compelling opportunity for investment, located in a sought-after neighbourhood. The property features an entrance lobby that leads to a staircase going up to the first floor, along with a spacious lounge that transitions seamlessly into the dining area, offering ample living space for its future occupants. The kitchen, while modern with wall and floor units, an integrated oven and hob, and plumbing for a washing machine, may benefit from further upgrades to enhance its appeal. A notably-sized sunroom provides additional living space and opens out to the rear garden, which has potential for landscaping or outdoor improvements. The two bedrooms offer good dimensions, complemented by a bathroom equipped with essential fixtures such as a bath and wash basin. The property has electric heating and is fully double glazed. Outside, there are gardens at both the front and rear of the property, adding value to this investment. It should be noted that this leasehold property has approximately 46 years remaining on its lease. This fact may limit traditional financing options; therefore, it is suitable primarily for cash buyers. Prospective purchasers should consider exploring options for extending the lease or potentially purchasing the freehold as part of their investment strategy. Given the proximity to local amenities and transport links, this property not only offers convenience but also significant potential for renovation and value enhancement.

Investment Analysis

(NE16 area)
Area Average
£219/sq ft
Avg Rent (weekly)
£182
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
29
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by -10.0% over the last 12 months
3 year growth: +5.3%
5 year growth: +4.1%
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

Kingsway, Sunniside, NE16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£361
Based on a loan of £75,000 over 30 years at 4.06% 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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