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Broom Terrace, Whickham NE16 - Image 1
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Broom Terrace, Whickham NE16

North East

£160,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terrace house offers spacious accommodation and presents a robust investment opportunity within walking distance of Whickham Village. Comprising three generous double bedrooms, this property features a west-facing lounge that overlooks a communal green, alongside a traditional kitchen, utility area, family bathroom on the first floor, and a convenient downstairs shower room/WC. Notably, there is potential for expansion into the loft space, subject to obtaining the necessary planning permissions. The rear yard provides an enclosed space perfect for outdoor activities, with additional on-street parking available. While the property has undergone recent refurbishments including a new roof and fresh decoration throughout, it still offers scope for further enhancements to maximize its value. Situated close to good schools and local amenities, as well as excellent transport links to Newcastle and Gateshead city centres and the A1, this home represents a promising option for both owners and investors alike.

Investment Analysis

(NE16 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NE16)

Area prices are falling by -15.3% over the last 12 months
3 year growth: -2.9%
5 year growth: -2.1%
Investment Disclaimer: Analysis based on NE16 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

Broom Terrace, Whickham NE16
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 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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