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Gowan Court, Jarrow

North East

£62,000

Listed on 21/09/2026

The listing

Property details

Bedrooms
2
Type
Apartment

Description

This ground floor apartment presents an excellent opportunity for those seeking convenient one-level living in Jarrow. Located close to the town centre, the property is surrounded by well-maintained communal grounds and gardens. While it requires some personalisation and improvement, it offers ample scope for the new owner to make it their own. The accommodation includes an entrance hallway, a kitchen, a spacious lounge filled with natural light, two double bedrooms, and a bathroom suite. Externally, the property benefits from an allocated parking bay, enhancing its appeal. The communal gardens provide attractive outdoor surroundings, perfect for relaxation. With Jarrow Town Centre just a short distance away, residents can enjoy a range of shops, amenities, and excellent transport links, including bus and Metro stations. Offered for sale with no onward chain, this property is well worth viewing to appreciate its potential.

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 ground floor apartment presents a solid opportunity for buyers looking to invest in a property that requires some personalisation and improvement. Priced at £62,000, the asking price is notably below the local average of £154,495, offering a potentially appealing entry point for renovation enthusiasts. The apartment benefits from well-maintained communal gardens and is conveniently located near Jarrow Town Centre, enhancing its attractiveness.

The interior, however, is dated and shows signs of wear, suggesting the need for cosmetic updates throughout. The kitchen and bathroom, while functional, could greatly benefit from modernisation. The overall condition provides a blank canvas for someone looking to enhance the property and increase its value. With a renovation budget estimated between £20,000 and £40,000, there is ample scope to transform this apartment into a desirable home, making it a worthwhile viewing for those interested in a project.

Key opportunities

  • Transform dated interiors to enhance overall appeal.
  • Opportunity to modernise the kitchen and bathroom for added value.
  • Well-maintained communal gardens and ground floor accessibility.

Key risks

None recorded.

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Map

Location

Gowan Court, Jarrow
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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
£234
Based on a loan of £46,500 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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