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Lanchester Avenue, Gateshead, Tyne and Wear, NE9 7AL - Image 1
Lanchester Avenue, Gateshead, Tyne and Wear, NE9 7AL - Image 2
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Lanchester Avenue, Gateshead, Tyne and Wear, NE9 7AL

North East

£100,000Guide Price

Listed on 09/09/2026

The listing

Property details

Bedrooms
4
Type
End Of Terrace
Area
1213 sqft

Description

This spacious four-bedroom semi-detached house presents an exciting renovation opportunity for families or investors looking to expand their portfolio. The property is conveniently located near local amenities and the Queen Elizabeth Hospital, with excellent transport links for easy commuting. Internally, the home features a welcoming entrance hallway that leads to a downstairs WC and a separate shower room. The generously sized lounge offers dual aspect windows, allowing for ample natural light. The kitchen/dining area is functional but could benefit from modernisation. On the first floor, you'll find four bedrooms, along with an additional room that has potential for conversion into a family bathroom, pending necessary approvals. Externally, the property boasts gardens at both the front and rear, providing ample outdoor space that can be enhanced through landscaping. With UPVC double glazing and gas central heating already in place, this property is primed for refurbishment and offers significant potential for those willing to invest in its transformation. Offered at auction, this is a prime opportunity for those looking to create their ideal home or rental property.

WHOTS analysis

Our WHOTS verdict

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

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

This spacious four-bedroom semi-detached house presents a remarkable opportunity for buyers looking to acquire a property well below the local average price. With an asking price of £100,000, which translates to just £82/sqf against a local average of £208/sqf, this is an attractive entry point for those willing to take on a renovation project. The property is dated throughout, but this allows for a blank canvas where potential buyers can create their vision, whether it’s a family home or a rental investment.

The property's layout is generous, featuring a large lounge, a kitchen/dining area, and four bedrooms, with additional space that could be transformed into a family bathroom. While the interiors require extensive refurbishment, the existing UPVC double glazing and gas central heating provide a solid foundation for improvements. The gardens at the front and rear offer scope for landscaping, enhancing outdoor living space. Overall, this listing is a fantastic opportunity for those looking to invest in a property with significant potential for value creation, especially given the impressive margin compared to local market values.

Key opportunities

  • Spacious layout with four bedrooms and potential for a family bathroom conversion.
  • Generous gardens to front and rear, ideal for landscaping and outdoor enhancements.
  • Excellent location close to amenities and transport links, appealing for families and investors.

Key risks

None recorded.

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Map

Location

Lanchester Avenue, Gateshead, Tyne and Wear, NE9 7AL
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Finance

Mortgage calculator

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

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £75,000 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.

Tax

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

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