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Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 1
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 2
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 3
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 4
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 5
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 6
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 7
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 8
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 9
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 10
Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN - Image 11

Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN

North East

£60,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom end terrace property in Hamsterley Colliery, Newcastle Upon Tyne, presents a notable investment opportunity. While the property requires significant refurbishment due to fire damage at the front exterior and other ongoing issues, its spacious split-level layout offers ample potential for transformation. The accommodation includes an entrance porch, cloakroom, kitchen, and a lounge/dining area on the ground floor, while the first floor features three bedrooms and a bathroom. Situated near local amenities with strong transport links into Newcastle, this property is ideal for those looking to renovate and enhance its value. Additional features include gas central heating and double glazing throughout, with both front and rear gardens offering outdoor space that can be revitalized. Given the current condition of the property, prospective buyers should exercise due diligence before bidding. Offered at auction, this property allows for strategic investment in a growing area.

Investment analysis

(NE17 area)
Area Average
£120/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NE17)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -15.3%
5 year growth: -9.3%
Investment Disclaimer: Analysis based on NE17 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

Colt Park, Hamsterley Colliery, Newcastle upon Tyne, Durham, NE17 7SN
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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
£227
Based on a loan of £45,000 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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