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Derwent Gardens, Low Fell, Gateshead, NE9 - Image 1
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Derwent Gardens, Low Fell, Gateshead, NE9

North East

£180,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house in Low Fell represents a promising opportunity for those looking to invest in property or undertake a renovation project. Upon entry, the space offers an entrance hall that leads into a spacious lounge with a charming bay window and feature fireplace, creating potential for revitalization into a modern living area. The adjoining dining space has the scope for redesigning to enhance openness or functionality. At the rear, the kitchen connects to a manageable backyard, perfect for outdoor improvements. Upstairs, you will discover two generously sized double bedrooms, complemented by a bathroom that could benefit from contemporary upgrades. Additionally, there is convenient storage in the main bedroom. With both front garden and rear yard areas, this home presents various landscaping possibilities. Given its strategic location near local amenities and transport links to Newcastle city centre and beyond, this property is ideal for first-time buyers eager to make their mark or investors seeking to enhance value through refurbishment.

Investment Analysis

(NE9 area)
Area Average
£198/sq ft
Avg Rent (weekly)
£190
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NE9)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +1.9%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on NE9 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

Derwent Gardens, Low Fell, Gateshead, NE9
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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
£642
Based on a loan of £135,000 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.

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