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Waterloo Court, Washington, Tyne and Wear, NE37

North East

£16,500
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

Presenting a spacious two-bedroom apartment in Marlborough Park, Sulgrave, this property is currently in need of completion and offers significant renovation potential. Located conveniently near local schools and amenities, residents will appreciate the accessibility to both educational options and shopping facilities, including The Galleries. The building also features well-kept communal gardens that enhance the outdoor living experience. This apartment represents an appealing opportunity for investors looking to capitalize on a project with strong rental prospects in a desirable area. Note that the sale will proceed through Modern Method of Auction, requiring all potential buyers to consider their financing options carefully prior to bidding.

Investment Analysis

(NE37 area)
Area Average
£157/sq ft
Avg Rent (weekly)
£154
Avg Yield
6.5%

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
20
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NE37)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +31.2%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on NE37 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

Waterloo Court, Washington, Tyne and Wear, NE37
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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
£59
Based on a loan of £12,375 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.

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