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Milburn Terrace, Choppington

North East

£75,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in a sought-after area with strong transport connections and local conveniences, this mid-terrace property holds substantial potential for those looking to personalize a home or make a savvy investment. Although it requires some modern updates, the existing layout features a comfortable lounge equipped with a log burner, providing a cozy atmosphere. The spacious kitchen/diner leads to the rear yard, an ideal space for outdoor activities or further improvement. Upstairs, you'll find two well-sized bedrooms alongside a bathroom that currently boasts essential amenities but could benefit from modernization. This freehold property is an opportunity not to be missed, promising considerable value creation for those willing to take on some refurbishment work.

Investment Analysis

(NE62 area)
Area Average
£165/sq ft

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
12
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NE62)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +5.9%
5 year growth: +32.1%
Investment Disclaimer: Analysis based on NE62 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

Milburn Terrace, Choppington
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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
£268
Based on a loan of £56,250 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

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