Worst House on the Street Logo
Mitchell Drive, Ashington NE63 - Image 1
Mitchell Drive, Ashington NE63 - Image 2
Mitchell Drive, Ashington NE63 - Image 3

Mitchell Drive, Ashington NE63

North East

£155,000
Listed on 26/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1249 sqft

Description

This three-bedroom detached property in a sought-after residential area represents a strong investment opportunity. It is currently vacant and available with no onward chain, allowing for prompt occupancy and immediate renovation potential. The accommodation includes an inviting entrance hall that leads to a spacious lounge and a separate kitchen with dining space, both of which overlook the garden—ideal for family living. Upstairs, you will find three generously sized bedrooms along with a family bathroom. While the home boasts an EPC rating of C (with the possibility of upgrading to B), it is clear that some areas could benefit from modernization, offering buyers the chance to personalize and enhance its value. Notable features include gas central heating, double-glazed windows, a driveway, and a single garage for off-street parking and storage. The mature rear garden is another attractive aspect, providing ample outdoor space that can be tailored to suit various activities—from relaxation to entertaining or gardening. Located conveniently close to coastal access, major transport routes including the A1, as well as reputable schools, this property stands out for families seeking comfort coupled with potential for improvement in a tranquil setting. Given its advantageous location and the scope for enhancement, viewing is highly recommended.

Investment Analysis

(NE63 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£124/sq ft
Area Average
£146/sq ft
Avg Rent (weekly)
£147
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£200,452
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NE63)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +7.3%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on NE63 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

Mitchell Drive, Ashington NE63
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£559
Based on a loan of £116,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development