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1 Kings Terrace, Gateshead, Tyne and Wear NE9 7SD

North East

£72,500Guide Price

Listed on 03/07/2026

Property details

Bedrooms
2
Type
End Of Terrace

Description

This end-terrace property presents a unique opportunity for renovation enthusiasts and investors alike. Conveniently located in the sought-after village of Springwell, this two-bedroom home boasts a generous corner plot with a substantial side garden, offering ample potential for landscaping or even expanding the living space with the right permissions. Internally, the property requires cosmetic updating, which will allow you to add your personal touch and enhance its value significantly. The ground floor features a spacious fitted dining kitchen, a lounge area, and a utility room providing access to the rear yard. Upstairs, you'll find two sizable bedrooms along with a family bathroom. While the home is equipped with uPVC double glazing and gas central heating, it presents an exciting canvas ready for your vision. Its prime location provides easy access to local amenities and transport links to Gateshead, Newcastle, Sunderland, and the A1. Ideal for first-time buyers or those looking to invest.

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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
£10,000 - £20,000
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

1 Kings Terrace, Gateshead, Tyne and Wear NE9 7SD
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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
£274
Based on a loan of £54,375 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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