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Beacon Rise, Gateshead

North East

£99,950

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom semi-detached house in Gateshead offers a promising investment opportunity for those looking to craft their perfect living environment. The property requires some renovations, paving the way for transformation into a family-friendly home tailored to your tastes. The entrance hall welcomes you into a spacious lounge/dining area, ideal for both relaxation and entertaining guests. The kitchen, while needing modern updates, serves as a great blank slate. Upstairs, there are three sizable bedrooms that provide ample potential for personalization. The inclusion of a bathroom alongside a separate WC enhances functionality for family living. Outside, you will find an enclosed rear garden that supplies a private space for recreation or gatherings during warmer months. A pedestrian pathway at the front not only improves accessibility but also contributes to the appeal of this residence. This house is more than just a structure; it is an opportunity awaiting your creative vision. With its favorable location and significant refurbishment potential, it is particularly suited for first-time buyers or investors looking for a project.

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Investment analysis

(NE9 area)
Area Average
£208/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.8%

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
31
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (NE9)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +4.8%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on NE9 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

Beacon Rise, Gateshead
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £74,962 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

Next Steps

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