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Ravensdale Crescent, Low Fell, Gateshead, NE9 - Image 1
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Ravensdale Crescent, Low Fell, Gateshead, NE9 - Image 3

Ravensdale Crescent, Low Fell, Gateshead, NE9

North East

£250,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1175 sqft

Description

This three-bedroom mid-terraced home offers a unique opportunity for refurbishment and modernization, presenting a blank canvas for potential buyers. The property boasts spacious accommodation with period character, making it an attractive option for both families and investors. Once fully refurbished, similar homes in the area have been known to achieve between £300,000 and £330,000, depending on the quality of the finish. Additionally, it could generate a rental income of approximately £1,500 per month. The accommodation begins with an entrance hall that includes useful under-stairs storage and a staircase leading to the first floor. The front lounge is spacious and features a bay window along with a fireplace, while the separate dining room offers ample space for a table and chairs, enhanced by spot lighting. The kitchen is equipped with a built-in oven, integrated electric hob, plumbing for a washing machine, and space for an under-counter fridge and freezer, with access to the rear. On the first floor, the landing leads to three bedrooms: a double bedroom at the front, another double bedroom at the rear with built-in wardrobes, and a third bedroom also located at the front. The bathroom/WC includes both a bath and a separate shower cubicle, along with additional storage. The front garden is mainly laid to lawn and enclosed, while the rear garden features off-street parking with a garage door, a patio area, and an outbuilding that benefits from lighting and a sink. The property is further enhanced by gas central heating via a combination boiler and mostly double-glazed windows. Ideally situated for access to Low Fell's vibrant high street, this property is close to shops, cafés, restaurants, local schools, and transport links. Offered without a chain, this home awaits your personal touch to unlock its full potential.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom mid-terraced home presents a canvas for renovation, boasting period character and a good location near Low Fell's vibrant high street. While the asking price of £250,000 translates to £213/sqf, which is slightly above the local average of £208/sqf, it is still within a reasonable range for the area. However, the combined costs of the purchase and projected renovation range of £40,000 to £80,000 push the all-in expenditure to approximately £310,000, which may be high compared to local benchmarks for similar properties.

The property shows general wear and tear throughout, with dated features in the living spaces, kitchen, and bathroom. Despite the current condition potentially deterring some buyers, there is good potential for value increase post-renovation, especially as similar homes in the area achieve higher sale prices once updated. The exterior and roof are in good condition, providing a solid foundation for the refurbishment project ahead.

Key opportunities

  • Spacious accommodation with potential for modernisation and improvement.
  • Good location near shops, cafés, and schools, appealing to families and investors.
  • Potential rental income of approximately £1,500 per month post-renovation.

Key risks

  • All-in renovation costs may exceed local market values for similar properties, leaving limited margin for return.

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Map

Location

Ravensdale Crescent, Low Fell, Gateshead, NE9
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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
£944
Based on a loan of £187,500 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.

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