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Pioneer Terrace, Bedlington, NE22

North East

£60,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This expansive three-bedroom terraced property in Bedlington offers substantial potential for renovation, ideal for investors and developers looking to transform a space. Previously configured as two separate flats, the home features generous living areas spread over two floors. The ground level includes an entrance hall leading to a spacious lounge that flows into a kitchen/diner, complemented by a rear lobby providing access to the upper floor. The second level accommodates two double bedrooms along with a single bedroom and a family bathroom. Outside, the paved rear area can be repurposed for off-street parking or enclosed to create a private outdoor sanctuary. While conveniently located near local amenities, schools, and transport links, this property requires comprehensive modernisation throughout. Notably, it has gas supply but currently lacks an installed heating system, presenting an opportunity for buyers seeking to add value through upgrades and enhancements.

Investment Analysis

(NE22 area)
Area Average
£180/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (NE22)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +3.9%
5 year growth: +13.7%
Investment Disclaimer: Analysis based on NE22 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

Pioneer Terrace, Bedlington, NE22
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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
£227
Based on a loan of £45,000 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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