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Hallgarth, Gateshead NE10

North East

£140,000

Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1023 sqft

Description

This three-bedroom mid-terraced home is primed for a thoughtful update and presents a valuable opportunity for buyers seeking to personalize their living space. The ground floor features a well-proportioned dual-aspect lounge that invites natural light, alongside a spacious dining kitchen designed for both cooking and socializing—a perfect setting for family gatherings or entertaining guests. Upstairs, you’ll find three comfortable bedrooms, each offering flexible options for use as sleeping quarters, a home office, or creative studio space. The first floor is completed by a family bathroom, which could benefit from modern touches. Outside, the property includes front and rear lawns that offer potential for landscaping or can be enjoyed in their current state. Located conveniently near local amenities in Leam Lane—including shops and recreational facilities—this home also benefits from proximity to schools and transport links, making it suitable for families, first-time buyers, or investors looking to capitalize on its renovation potential. In summary, this property offers significant scope for enhancement in a well-connected area, serving as an ideal canvas for those eager to craft their ideal home.

Investment Analysis

(NE10 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£137/sq ft
Area Average
£163/sq ft
Avg Rent (weekly)
£178
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£183,536
10% above area average per sq ft
Potential ROI
+8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NE10)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +8.7%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on NE10 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

Hallgarth, Gateshead NE10
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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
£499
Based on a loan of £105,000 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

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