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Sheepwash Bank, Guidepost, Choppington NE62 - Image 1
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Sheepwash Bank, Guidepost, Choppington NE62

North East

£95,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
966 sqft

Description

This unique stone-fronted townhouse presents an excellent opportunity for renovation and investment. Located over three floors, the property features two spacious double bedrooms and retains several original characteristics that add to its charm. Situated in the desirable area of Guide Post, Choppington, it benefits from good local amenities, schools, and transport links, with the scenic Wansbeck Riverside just a short walk away. While the house has a new roof and partial double glazing, there is further potential to enhance and extend the living space. The layout includes an entrance porch leading into a first-floor lounge/diner featuring a vintage tiled fireplace and original wood flooring. The kitchen is fitted but would benefit from modern upgrades. On the ground floor, a utility room provides convenient access to the enclosed yard which offers off-street parking via double gates. The second floor includes two well-sized bedrooms, each boasting original fireplaces. With no upper chain in place, this property invites early viewings for those keen on making it their own.

Investment Analysis

(NE62 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£98/sq ft
Area Average
£169/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£179,473
10% above area average per sq ft
Potential ROI
+49.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE62)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 17.3%
5 year growth: 33.3%
Investment Disclaimer: Analysis based on NE62 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

Sheepwash Bank, Guidepost, Choppington NE62
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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
£348
Based on a loan of £71,250 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