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Colwyn Parade, Hebburn NE31

North East

£90,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced home in Hebburn presents a solid opportunity for those looking to undertake a renovation project. Upon entering, you're greeted by an entrance hallway that leads directly to the main living spaces. The kitchen is equipped with modern units, providing ample room for dining and culinary activities, while a downstairs WC is partially completed, offering potential for further development. At the rear, a generous lounge area awaits, perfect for relaxation or entertaining guests, and connects through a small rear porch to the garden. The upper floor consists of three versatile bedrooms suitable for family needs, guest stays, or even a home office setup. The bathroom has basic plumbing in place but requires additional fittings such as a bath or shower along with flooring and tiling upgrades. This property is in a partially renovated state, needing finishing touches throughout including wall treatments and flooring installation—making it an attractive prospect for investors or buyers eager to add their personal touch. Externally, there’s an enclosed rear garden currently utilized for storage during renovations; however, it holds promise with its mixture of lawn and patio areas ready to be transformed into an inviting outdoor space. Located conveniently within proximity to local amenities and transport links, this property stands as a great investment opportunity for anyone looking to enhance value and create their ideal home.

Investment Analysis

(NE31 area)
Area Average
£197/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.4%

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
19
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE31)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on NE31 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

Colwyn Parade, Hebburn NE31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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

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