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33 Elliott Drive, Felling, Gateshead, Tyne and Wear, NE10 9QY - Image 1

33 Elliott Drive, Felling, Gateshead, Tyne and Wear, NE10 9QY

North East

£45,000Guide Price

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house presents an excellent investment opportunity, particularly for those looking to implement a modernisation project. While it currently requires significant updates, its location near Felling town centre offers easy access to local amenities and transport links. The property also features off-road parking and a manageable rear yard, making it suitable for families or individuals seeking outdoor space. With the right renovations, this house could transform into a desirable home in a convenient setting.

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Investment analysis

(NE10 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£184
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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
26%
Properties sold annually

Local Market Trend (NE10)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +8.3%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on NE10 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

33 Elliott Drive, Felling, Gateshead, Tyne and Wear, NE10 9QY
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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
£170
Based on a loan of £33,750 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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