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Wellfield Road, Rowlands Gill, Tyne and Wear, NE39 - Image 1
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Wellfield Road, Rowlands Gill, Tyne and Wear, NE39

North East

£120,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This is a promising development opportunity located in a charming village setting, ideal for those looking to create a custom-designed family residence. The plot comes with full planning permission for a detached house, appealing to both small developers and individuals aiming for a self-build project. The approved design includes an entrance hallway with a WC, along with an open-plan kitchen and living/dining area on the ground floor. The upper level features three bedrooms, including a master suite with en-suite facilities and dressing room, as well as a family bathroom. With generous gardens and designated off-road parking outlined in the plans, this site offers excellent potential for investment or personal use. Notably, there is a restrictive covenant ensuring that the property remains a single-family dwelling. Interested parties are encouraged to review the planning reference DM/23/00400/FUL on the Gateshead Council portal and consider local amenities that enhance the appeal of this location for future residents.

Investment Analysis

(NE39 area)
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NE39)

Area prices are falling by -13.0% over the last 12 months
3 year growth: -10.2%
5 year growth: -6.0%
Investment Disclaimer: Analysis based on NE39 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

Wellfield Road, Rowlands Gill, Tyne and Wear, NE39
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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
£428
Based on a loan of £90,000 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

This calculation uses non-residential (land/commercial) tax rates.

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