Sherburn Terrace, Gateshead
North East
£89,950
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
814 sqftDescription
This three-bedroom semi-detached house in Gateshead is described as requiring extensive modernisation, with scope to update the accommodation to suit a new owner's requirements. The ground floor includes a main reception room and a kitchen that could be redesigned. Upstairs are three bedrooms and a bathroom, which the listing notes has been fitted more recently than the rest of the property.
The property also has outside space that could be improved. Local shops, schools and everyday amenities are nearby, with transport connections towards Low Fell and Newcastle city centre. The house may suit buyers prepared to undertake a substantial refurbishment, subject to assessing the work required.
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
At £89,950, this three-bedroom semi is priced at about £111/sq ft, well below the local average of £208/sq ft — a strong entry point for someone looking to acquire a home and add value through improvement. The dated kitchen, carpets and decoration provide a clear medium-scale canvas, while the relatively modern, usable bathroom is a helpful head start. The rear garden could also be brought back into shape, and the exterior and roof look broadly intact in the available views.
Key opportunities
- Redesign and modernise the dated kitchen, with scope to refresh its flooring and finishes.
- Update carpets and decoration across the visible living spaces and bedrooms.
- Clear and improve the overgrown rear garden, which has a small paved area to build on.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£340
Based on a loan of £67,462 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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