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Oakley Close, The Wyndings, Annitsford NE23 - Image 1
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Oakley Close, The Wyndings, Annitsford NE23

North East

£250,000
Listed on 28/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This expansive two-bedroom detached bungalow is located in a quiet cul-de-sac within a well-established estate in Annitsford, just a mile southeast of the Cramlington shopping center. While the property was originally designed as a three-bedroom home, current internal modifications have created a spacious dining room, which can easily be reverted back if desired. The addition of a double-glazed conservatory adds further living space but does require some updating and cosmetic work to reach its full potential. The property boasts good-sized gardens to the front, side, and rear, with a block-paved driveway offering ample off-road parking. Mature shrubs and trees enhance the privacy of the secluded garden area at the back. The internal layout includes essential features such as built-in wardrobes in both bedrooms and a functional bathroom setup with mains shower facilities. This opportunity is ideal for investors or buyers looking to make improvements for enhanced comfort and value, with no onward chain simplifying the purchasing process.

Investment Analysis

(NE23 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (NE23)

Area prices are falling by -7.2% over the last 12 months
3 year growth: +1.7%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on NE23 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

Oakley Close, The Wyndings, Annitsford NE23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£250,000£49,950(-16.7%)
27/04/2026
Current price
£299,950Initial listing
17/03/2026

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