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Cypress Gardens, Killingworth, Newcastle Upon Tyne NE12 - Image 1
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Cypress Gardens, Killingworth, Newcastle Upon Tyne NE12 - Image 3

Cypress Gardens, Killingworth, Newcastle Upon Tyne NE12

North East

£115,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
679 sqft

Description

This two-bedroom mid-terrace house presents a promising opportunity for renovation and investment. Nestled in Cypress Gardens, Killingworth, the property is conveniently located near essential amenities, including the White Swan shopping centre and several local schools. It also benefits from accessible road and transport links to major routes such as the A19 and Newcastle city center, making it an attractive option for both commuters and families. Internally, the house offers a functional layout that requires modern updating to unlock its full potential. The ground floor features an entrance hallway leading to a lounge with doors opening to the rear garden, providing a connection to outdoor space. The kitchen is equipped with a stainless steel sink unit and plumbing for a washing machine, offering a solid foundation for renovation. Additionally, there is a convenient WC on this level. Upstairs, two bedrooms await transformation, each brightened by double-glazed windows and equipped with central heating radiators. The bathroom includes essential fixtures such as a panelled bath and wash hand basin but may benefit from complete modernization. Externally, the property boasts front and rear gardens, along with a driveway providing off-street parking—features that can enhance its appeal after refurbishment. With its solid structure and desirable location, this property represents an excellent investment opportunity or an ideal project for first-time buyers looking to create their perfect home through thoughtful renovations.

Investment Analysis

(NE12 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£169/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£161,853
10% above area average per sq ft
Potential ROI
+15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +9.0% over the last 12 months
3 year growth: 5.9%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on NE12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cypress Gardens, Killingworth, Newcastle Upon Tyne NE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE