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Hawthorn Road, Ashington, Northumberland, NE63 9AX - Image 1
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Hawthorn Road, Ashington, Northumberland, NE63 9AX

North East

£70,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1095 sqft

Description

This spacious three-bedroom terraced house located in the heart of Ashington presents a promising investment opportunity, especially for those looking to engage in renovation projects. The property features two reception rooms, an entrance hallway, and a shower room, making it well-suited for family living or rental potential. The gas central heating system and UPVC double glazing are functional but may need updating to enhance energy efficiency. The external space includes a secure garden at the front and a walled yard at the back with access for off-street parking through double gates. Given its close proximity to local amenities such as schools, shops, and transportation links—including a new train station to Newcastle—this property is ideally positioned for both residential use and investment purposes. The interior requires attention, offering the chance to create a modern living environment tailored to current market trends. Viewing is highly recommended for any serious buyers looking to capitalize on this refurbishment project.

Investment Analysis

(NE63 area)

Below Market Value

This property is priced -55.7% below area average per sq ft

-55.7%
Potential saving
This Property
£64/sq ft
Area Average
£144/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£173,870
10% above area average per sq ft
Potential ROI
+58.1%
After renovation
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

Hawthorn Road, Ashington, Northumberland, NE63 9AX
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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
£250
Based on a loan of £52,500 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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