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Stormont Green, Kenton

North East

£150,000

Listed on 21/08/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached

Features

  • Garden

Description

This two-bedroom semi-detached property presents an excellent opportunity for renovation, situated in the desirable Kenton Residential Estate. With a practical layout that includes a welcoming entrance hallway and a spacious lounge/diner featuring dual-aspect windows and French doors leading to the rear garden, this home offers a versatile living space that can be tailored to your preferences. The modern breakfasting kitchen is functional, while the ground floor W/C adds convenience. There is also potential to convert the generous storage area into a third bedroom, subject to planning permissions. The first floor accommodates two well-proportioned bedrooms and a family bathroom alongside a separate W/C, providing ample scope for updates or reconfiguration. The exterior boasts both front and rear gardens, with the south-facing backyard complete with patio and decking areas—perfect for outdoor gatherings or personal relaxation. This property serves as a blank canvas for buyers seeking to invest in an area known for its community amenities, including schools, shops, parks, and convenient transport links. A unique opportunity awaits to maximize its potential through strategic renovations.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

37out of 100
Grade ELow opportunity

Confidence: LOW

This semi-detached property presents a well-maintained and spacious layout, ideal for buyers looking for a blank canvas to personalize. The inviting entrance leads into a bright lounge/diner, complemented by a modern kitchen and versatile outdoor space, making it a suitable option for families or those seeking a peaceful retreat. The south-facing garden enhances its appeal for outdoor relaxation, and the potential to convert the storage area into a third bedroom adds further value.

However, the opportunity here is tempered by the asking price of £150,000, which feels steep compared to the local average of around £243,946. The lack of usable floor area limits our ability to assess the price per square foot accurately, making it challenging to gauge true value. Additionally, the renovation costs estimated between £15,000 to £30,000 could stretch the overall investment, especially considering the local market's recent downturn of -1.0%. While the internal condition is good, the overall economics of this property may not align well with potential returns, especially in a fluctuating market.

Key opportunities

  • Bright and spacious lounge/diner with dual-aspect windows
  • Modern kitchen with breakfast bar
  • South-facing garden ideal for outdoor entertaining
  • Potential to convert storage space into a third bedroom

Key risks

  • Asking price significantly above local average
  • Missing usable floor area limits economic evaluation
  • Market volatility may impact future value

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Map

Location

Stormont Green, Kenton
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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