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Orange Grove, Annitsford, Cramlington

North East

£80,000

Listed on 08/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house, located in the quiet Annitsford Village just south of Cramlington, presents a prime opportunity for renovation and investment. While the property is equipped with central heating and double-glazed windows, it requires some updates to maximize its potential. The living room features a charming Louis style plaster fireplace and an open plan staircase, offering a cozy atmosphere. The kitchen comes fitted with base units and essential appliances, but an upgrade could significantly enhance its appeal. Upstairs, the bedrooms are modestly sized and could benefit from modern decor to attract prospective tenants or buyers. The bathroom includes essential fixtures but may need reworking for contemporary taste. Outdoors, the enclosed rear garden is a hidden gem that adjoins a wooded area, providing privacy and potential for landscaping improvements. With council tax band A, this property offers an affordable entry point into the housing market.

Investment Analysis

(NE23 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NE23)

Area prices are falling by -7.0% over the last 12 months
3 year growth: +1.0%
5 year growth: +7.2%
Investment Disclaimer: Analysis based on NE23 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

Orange Grove, Annitsford, Cramlington
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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
£302
Based on a loan of £60,000 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

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