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

North East

£75,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Terraced
Area
679 sqft

Description

This two-bedroom mid-terrace house, situated on Cypress Gardens in Killingworth, presents a promising opportunity for renovation and investment. With its prime location near local amenities, including the White Swan shopping centre and schools, as well as convenient access to the A19 and Newcastle City Centre, this property is perfect for first-time buyers and investors alike. The home has benefited from double glazing and gas central heating; however, it does require refurbishment to reach its full potential. Internally, the layout includes an entrance hallway with stairs leading to the first floor, a WC, a lounge with access to the rear garden, and a kitchen equipped for essential appliances. Upstairs offers two bedrooms and a bathroom with WC facilities. The property further features front and rear gardens along with a driveway for off-street parking. This residence is an ideal canvas for those looking to add value through thoughtful renovations.

Investment Analysis

(NE12 area)

Below Market Value

This property is priced -49.2% below area average per sq ft

-49.2%
Potential saving
This Property
£110/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£162,264
10% above area average per sq ft
Potential ROI
+62.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (NE12)

Area prices are rising by +11.0% over the last 12 months
3 year growth: +8.8%
5 year growth: +24.9%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% 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.

Price History

-34.8% since listed
£75,000£10,000(-11.8%)
21/03/2026
Current price
£85,000£5,000(-5.6%)
16/02/2026
£90,000£25,000(-21.7%)
20/01/2026
£115,000Initial listing
22/09/2025

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