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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 10/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
966 sqft

Description

This stone-fronted townhouse, 'Zambesi House', presents an exciting opportunity for those looking to invest in a character-filled property with renovation potential. Spread across three floors, the home features two spacious double bedrooms and retains several original details that add charm and uniqueness. Located on Sheepwash Bank in Guide Post, Choppington, the property is conveniently positioned near local amenities and transport links, as well as a short walk to the scenic Wansbeck Riverside. The interior boasts a practical layout with an entrance porch leading into a welcoming hallway, a lounge/diner complete with an original tiled fireplace, and a fitted kitchen with essential appliances. The ground floor includes a utility room and bathroom, while both bedrooms on the second floor offer lovely views. The house benefits from recent improvements such as a new roof and gas central heating (combi boiler), along with partial double glazing. Externally, there is a quaint front garden and an enclosed rear yard accessible via double gates for off-street parking. This property is sold chain-free and requires early viewings to appreciate its potential fully. Whether you're considering extending or modernising this quirky home, it provides an excellent foundation for your creative vision.

Investment Analysis

(NE62 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£98/sq ft
Area Average
£165/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£175,435
10% above area average per sq ft
Potential ROI
+35.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NE62)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +13.3%
5 year growth: +37.2%
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

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£343
Based on a loan of £71,250 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.

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