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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 a unique opportunity for renovation and investment. Located in a purpose-built block, the property features a private section of yard and direct access, making it an appealing choice for those looking to add value through modernization. The interior is currently in need of updating, providing a blank canvas for potential buyers to create their ideal living space. With its proximity to the amenities of Felling High Street and local recreational facilities, this flat is well-situated for convenient living. Offered at auction, this property is vacant and ready for immediate attention.

WHOTS analysis

Our WHOTS verdict

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

46out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom ground floor flat presents a solid opportunity for those looking to invest in a refurbishment project. While the interior is dated and shows signs of wear, the property benefits from a private outdoor space and is conveniently located near the amenities of Felling High Street. With a renovation budget estimated between £40,000 and £80,000, there is ample scope to modernize and add value to the flat, potentially transforming it into a desirable living space.

The listing is priced at £30,000, but the lack of usable floor area means that its value versus local £/sqf cannot be assessed at this time. However, this could represent a lower entry point for buyers willing to take on the significant refurbishment needed. The existing kitchen and bathroom fixtures, along with other interior finishes, are outdated, providing a clear canvas for improvement. With Felling's amenities and transport links nearby, this flat holds promise for the right buyer willing to invest in its modernization.

Key opportunities

  • Private outdoor space provides potential for landscaping or leisure use.
  • Scope to modernize the dated interior and significantly increase value.
  • Proximity to local amenities and transport links enhances appeal.

Key risks

  • Medium project scale requires a budget of £40,000 to £80,000 for refurbishment.
  • Condition issues throughout may include damp or structural concerns needing attention.

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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.

£
£
£
%
%
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.

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