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Reasby Gardens, Ryton NE40 - Image 1
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Reasby Gardens, Ryton NE40

North East

£85,000
Listed on 24/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
654 sqft

Description

This two-bedroom semi-detached home on Reasby Gardens offers a promising opportunity for those looking to invest or make it their own. Currently vacant, the property is ready for immediate occupation, providing a blank canvas for customization. The ground floor welcomes you with a spacious entrance hall that leads into a bright lounge, featuring a front-facing window that fills the space with natural light. At the rear, a functional kitchen/diner provides ample storage and workspace with direct access to an enclosed garden that has significant potential for landscaping or upgrading. Upstairs, you will find two generously sized double bedrooms alongside a family bathroom equipped with a three-piece suite. The property also benefits from off-street parking via the driveway at the front. Located in Ryton, this home is conveniently situated near local amenities, reputable schools, and excellent transport links to Newcastle and beyond. This chain-free offering presents an excellent value proposition for buyers seeking to put their personal touch on a versatile property.

Investment Analysis

(NE40 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£130/sq ft
Area Average
£205/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£147,333
10% above area average per sq ft
Potential ROI
+40.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE40)

Area prices are falling by +4.4% over the last 12 months
3 year growth: 0.8%
5 year growth: 7.2%
Investment Disclaimer: Analysis based on NE40 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

Reasby Gardens, Ryton NE40
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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
£311
Based on a loan of £63,750 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