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86 Collingwood Court, Washington, Tyne and Wear NE37 3ED - Image 1
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86 Collingwood Court, Washington, Tyne and Wear NE37 3ED

North East

£5,000

Listed on 25/06/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This two-bedroom duplex apartment, situated in the sought-after Collingwood Court development in Washington, presents an excellent opportunity for renovation and investment. Spanning approximately 60 sq. m (646 sq. ft.), the apartment boasts a well-proportioned layout spread across two levels, featuring an entrance hall, a spacious open-plan living and dining area, a fitted kitchen, and an additional bedroom or study on the main floor. The lower level accommodates a generous double bedroom, a family bathroom, a separate WC, and ample storage options. Currently vacant and requiring cosmetic updates throughout, this property is ideal for investors or homebuyers looking to enhance its value through refurbishment. Upon modernization, it has the potential to generate significant rental income or provide affordable living space in a well-connected residential area. With lovely views over the communal gardens and easy access to local amenities along with strong transport links via the A1(M), A19, and Washington Highway facilitating commutes to Sunderland, Newcastle upon Tyne, and Durham, this apartment offers both convenience and a promising investment opportunity.

Investment Analysis

(NE37 area)
Area Average
£151/sq ft
Avg Rent (weekly)
£163
Avg Yield
6.8%

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
18
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NE37)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +24.0%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on NE37 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

86 Collingwood Court, Washington, Tyne and Wear NE37 3ED
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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
£19
Based on a loan of £3,750 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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