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Laburnum Terrace, Ashington, Northumberland, NE63 0AL - Image 1
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Laburnum Terrace, Ashington, Northumberland, NE63 0AL - Image 5
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Laburnum Terrace, Ashington, Northumberland, NE63 0AL

North East

£55,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
945 sqft

Description

This three-bedroom terraced house on Laburnum Terrace presents a solid investment opportunity in the heart of Ashington, Northumberland. Within walking distance to the town centre and the newly established train station, it offers convenient access to local amenities, including shops, schools, and leisure facilities. The property features an entrance hallway leading to a spacious lounge with a stone fireplace, an ample kitchen/diner with fitted units and plumbing for utilities, as well as additional utility space. Upstairs, you will find three bedrooms and a recently upgraded shower room. Although it requires refurbishment to maximize its potential, this property is perfect for those looking to invest in a promising area. It also includes an enclosed front garden and permit parking options at the rear. Early viewings are advised to explore the potential this home holds.

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Investment analysis

(NE63 area)

Below Market Value

This property is priced -58.3% below area average per sq ft

-58.3%
Potential saving
This Property
£58/sq ft
Area Average
£140/sq ft
Avg Rent (weekly)
£149
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£145,114
10% above area average per sq ft
Potential ROI
+81.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE63)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -4.5%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on NE63 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

Laburnum Terrace, Ashington, Northumberland, NE63 0AL
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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
£208
Based on a loan of £41,250 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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