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Heybrook Avenue, Preston Grange

North East

£185,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached property is located on a generous corner plot in the desirable Preston Grange area. The home presents a substantial renovation opportunity for cash buyers, being sold with no upper chain. The property's layout includes an entrance porch leading into a spacious living room that benefits from dual aspects and a staircase to the first floor. The kitchen overlooks the rear garden and features an archway to the dining room, which has sliding patio doors accessing the outdoor space. Upstairs, there are three bedrooms and a bathroom waiting to be updated. The exterior boasts wrap-around gardens with a sizeable private rear garden that is enclosed, offering ample space for landscaping or further development. Additionally, there is driveway parking and a garage at the front of the property. Situated within North Shields, this location is well connected by road and public transport to Newcastle City centre and surrounding areas. Families will appreciate the proximity to reputable schools and excellent leisure facilities. With local amenities just a short distance away, as well as the scenic Fish Quay and Tynemouth Village nearby, this property holds significant potential for those looking to invest in a project that can transform it into a modern family home.

Investment Analysis

(NE29 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE29)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.9%
5 year growth: +36.1%
Investment Disclaimer: Analysis based on NE29 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

Heybrook Avenue, Preston Grange
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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
£660
Based on a loan of £138,750 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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