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Wellfield Road, Rowlands Gill, Tyne and Wear, NE39 - Image 1
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Wellfield Road, Rowlands Gill, Tyne and Wear, NE39 - Image 4
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Wellfield Road, Rowlands Gill, Tyne and Wear, NE39

North East

£120,000

Listed on 31/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This is an intriguing opportunity to purchase a building plot that comes with full planning permission for the construction of a bespoke detached family residence. Located in the charming village of Rowlands Gill, this site presents a perfect chance for either small developers or individuals interested in a self-build project. The approved plans allow for a spacious dwelling featuring an inviting entrance hallway with a WC, along with an open-plan kitchen and living/dining area on the ground floor. The first floor is designed to host three bedrooms, including a master suite complete with en-suite facilities and a dressing room, as well as a family bathroom. Extensively landscaped gardens and off-road parking are also part of the development proposal. Planning permission was granted under reference DM/23/00400/FUL, which remains valid for three years from April 27, 2026. The property is freehold and available for vacant possession upon completion, although it does come with certain restrictive covenants regarding occupancy and business use. With local amenities and strong transport links to major cities nearby, this plot offers substantial potential for investment in a growing community.

Investment Analysis

(NE39 area)
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NE39)

Area prices are falling by -12.1% over the last 12 months
3 year growth: -11.6%
5 year growth: -5.0%
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

Wellfield Road, Rowlands Gill, Tyne and Wear, NE39
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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