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5 Stainton Drive, Felling, Gateshead, Tyne And Wear, NE10 9QT - Image 1
5 Stainton Drive, Felling, Gateshead, Tyne And Wear, NE10 9QT - Image 2
5 Stainton Drive, Felling, Gateshead, Tyne And Wear, NE10 9QT - Image 3

5 Stainton Drive, Felling, Gateshead, Tyne And Wear, NE10 9QT

North East

£30,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor flat presents an excellent opportunity for renovation in a well-situated area of Felling. The property features a private section of yard and private access, providing added outdoor space. Inside, the flat is in need of modernisation, allowing for a buyer to tailor the interior to their preferences. The accommodation includes an entrance hallway, kitchen, reception room, two bedrooms, and a shower room/WC. With its proximity to local amenities on Felling High Street and recreational areas nearby, this flat is ideal for those looking to invest in a property with potential. Offered at auction.

WHOTS analysis

Our WHOTS verdict

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

53out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom ground floor flat in Felling presents a project with plenty of potential for those looking to create value through renovation. Priced at just £30,000, which is significantly below the local average, this property offers an attractive entry point. While the interior is dated and shows signs of wear across the living area, bedrooms, and kitchen, these aspects provide a clear canvas for modernisation. The presence of a private yard adds to the appeal, offering an outdoor space that could be enhanced further.

The property is well-located with easy access to local amenities on Felling High Street and recreational spaces nearby, making it a convenient option for potential buyers. The estimated renovation costs range from £30,000 to £60,000, allowing for a flexible approach to improvements. Given its low asking price compared to the local market, this flat could be a worthwhile investment for those ready to take on a light refurbishment project.

Key opportunities

  • Private outdoor space that can be enhanced further.
  • Significant potential for modernisation throughout.
  • Attractive entry price below local average, allowing for value creation.

Key risks

None recorded.

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Map

Location

5 Stainton Drive, Felling, Gateshead, Tyne And Wear, NE10 9QT
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Finance

Mortgage calculator

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

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£113
Based on a loan of £22,500 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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