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Watson Street, High Spen, Rowlands Gill, Tyne and Wear, NE39 - Image 1
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Watson Street, High Spen, Rowlands Gill, Tyne and Wear, NE39

North East

£85,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house in the sought-after village of High Spen is now available and holds significant renovation potential. With no onward chain, it presents a prime opportunity for investors or prospective homeowners looking to undertake a substantial refurbishment project. The property requires comprehensive modernization but offers generous living space that can be transformed into a welcoming family home. The layout includes an entrance porch leading to a hallway adorned with classic wood panelling, opening into a sizeable dining area with integrated wardrobes and ample understairs storage. Adjacent is the living room featuring sliding glass doors and a traditional fireplace fitted with a gas fire—a nice touch waiting for restoration. The kitchen, equipped with an electric hob and oven, completes the ground floor alongside a separate WC. Upstairs, you'll find a spacious landing with built-in storage, two bedrooms—one double and one single—where the main bedroom boasts fitted wardrobes. A shower room concludes the first floor, accompanied by additional sliding door storage. Externally, the property offers small gated yards at both the front and rear, enhancing outdoor appeal while requiring some attention. Given its potential for transformation, this property is ideally suited for those ready to invest in refurbishment efforts. Early viewing is advisable to fully appreciate what this property could become.

Investment Analysis

(NE39 area)
Area Average
£210/sq ft

Renovation Potential

Heavy 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
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

Watson Street, High Spen, 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
£303
Based on a loan of £63,750 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.

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