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Devon Walk, Concord, Washington, NE37

North East

£110,000Guide Price

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

Located in the family-friendly neighbourhood of Usworth, this three-bedroom residence offers an exciting opportunity for those looking to invest in a property that requires modernisation. This home presents a fantastic chance for buyers eager to implement their own design ideas and increase the property's value. The layout includes an entrance hallway that flows into a spacious open-plan lounge and dining area, complemented by access to a functional kitchen. Upstairs, you'll find three bedrooms alongside a family bathroom, with the added advantage of a converted loft space that can serve multiple purposes following the necessary approvals. The external features include a manageable front lawn and a rear block-paved patio area—ideal for outdoor living in this welcoming residential community. Local amenities and transport links are conveniently within reach, making it an appealing choice for families who prioritize accessibility and schooling options. Additionally, this property is suitable only for cash buyers due to its low remaining lease term, thus reflecting its renovation needs while offering significant investment potential. This property is set for sale by Modern Method of Auction. Buyers must complete transactions within 56 days from reservation, which adds structure to the buying process. A Buyer Information Pack is available, ensuring transparency as part of your purchasing decision.

Investment analysis

(NE37 area)
Area Average
£149/sq ft
Avg Rent (weekly)
£157
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NE37)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +21.7%
5 year growth: +10.9%
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

Devon Walk, Concord, Washington, NE37
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£416
Based on a loan of £82,500 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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