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Falstone Crescent, Ashington

North East

£105,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This property presents a valuable opportunity for those seeking to invest in a home with considerable potential for renovation. Comprising a lounge, kitchen with utility area, dining room, three bedrooms, and a bathroom, the residence is equipped with double glazing and gas central heating. The front and rear gardens, along with a driveway and garage, add further appeal. Although the interior requires modernisation and updates to reach its full potential, this could be an ideal project for buyers looking to personalise their living space. Located in the North East region—renowned for its mining heritage—prospective buyers are advised to conduct appropriate checks regarding any mining activity that may affect the property. This freehold offering is currently listed for auction, providing a chance to secure a promising investment at an entry-level price.

Investment Analysis

(NE63 area)
Area Average
£144/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE63)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +1.7%
5 year growth: +22.1%
Investment Disclaimer: Analysis based on NE63 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

Falstone Crescent, Ashington
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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
£375
Based on a loan of £78,750 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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