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Cornmoor Gardens, Whickham, NE16

North East

£184,950

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom end terrace house presents a valuable opportunity for renovation in a sought-after area. Offered with the contents included, this property is available on a freehold basis and is chain-free, allowing for a straightforward transaction. The layout features an entrance lobby that opens into a generous lounge with dining space and a prominent fireplace, ideal for those looking to modernize or reconfigure the interior. The kitchen, equipped with wall and floor units, leads directly to the rear garden, offering potential for expansion or upgrades. The home comprises two sizeable double bedrooms along with a single room, perfect for families or as rental accommodation. The family bathroom includes necessary fixtures like a shower cubicle, wash hand basin, and toilet; however, updates could enhance its functionality and appeal. The property benefits from gas central heating and double glazing, but it should be noted that the current condition of systems and appliances has not been verified. Externally, the gardens at both the front and rear provide outdoor space with side access to the garden area. Additionally, there is parking availability with a garage in a nearby block. This property is conveniently located near local schools rated as 'Good' by Ofsted and has excellent transport links via road and public transport routes. Overall, this house is ripe for refurbishment or investment, making it an enticing prospect for buyers interested in adding value through renovation.

Investment Analysis

(NE16 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by -14.9% over the last 12 months
3 year growth: -2.9%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on NE16 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

Cornmoor Gardens, Whickham, NE16
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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
£699
Based on a loan of £138,712 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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