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Shaftoe Leazes, Hexham, Northumberland, NE46

North East

£375,000

Listed on 01/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
2196 sqft

Description

This four-bedroom terraced family home, characterized by its attractive stone and slate façade, presents a solid foundation for renovation in a prime location with convenient access to town amenities. While the property showcases original features such as ornate cornice ceilings and spacious living areas, it is in need of refurbishment, making it an appealing investment opportunity for those looking to create their ideal living space. The residence benefits from a mature enclosed garden at the rear, complemented by garaging facilities and additional parking. Inside, you will find a variety of rooms including a sizeable living room with a large bay window and an impressive dining area leading to the outdoor patio. The well-sized kitchen comes equipped with an Aga cooker, complemented by utility space that offers potential for modern upgrades. The first floor houses four bedrooms, providing ample room for families or potential as rental accommodation. With gas central heating already installed and vacant possession available upon sale, this property invites creative vision and practical improvements for those ready to enhance its charm.

Investment Analysis

(NE46 area)

Below Market Value

This property is priced -33.3% below area average per sq ft

-33.3%
Potential saving
This Property
£171/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£618,877
10% above area average per sq ft
Potential ROI
+45.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE46)

Area prices are rising by +16.4% over the last 12 months
3 year growth: +16.7%
5 year growth: +18.7%
Investment Disclaimer: Analysis based on NE46 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

Shaftoe Leazes, Hexham, Northumberland, NE46
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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
£1,417
Based on a loan of £281,250 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

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