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Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 1
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Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 5
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Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 8
Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 9
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Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 11
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Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 - Image 17

Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17

North East

£65,000

Listed on 23/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced home offers a promising renovation opportunity, ideal for investors or those seeking a project. The property requires modernization throughout but possesses significant potential for appreciation in value and rental income once updated. The ground floor features a spacious living room with stair access to the first floor, complemented by an inner hallway leading to a fully tiled bathroom equipped with a three-piece suite and electric shower. The kitchen, which includes essential appliances, leads out to an enclosed rear yard—perfect for low-maintenance outdoor space. On the first floor, the landing provides additional built-in storage and gives way to two spacious double bedrooms. Notably, one of these bedrooms was formerly two separate rooms and can be reverted back to create a third bedroom (subject to necessary permissions). The second bedroom houses a recently installed boiler, ensuring some updates are already accounted for. Externally, this home has a small lawned front garden with shared access to the street and an enclosed yard at the back. Located in Chopwell, this property is well-situated near local amenities and transport links, making it attractive for future tenants or buyers after renovations. Please consider verifying any licensing requirements if you plan on renting the property out under Gateshead Council regulations.

Investment analysis

(NE17 area)
Area Average
£120/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17
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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
£246
Based on a loan of £48,750 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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