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Hillhead Way, Westerhope NE5

North East

£160,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
936 sqft

Description

This three-bedroom mid-terraced home presents a valuable opportunity for those interested in renovation and personalization. With the potential to modernize and customize the space to fit individual preferences, this property is perfect for long-term homeowners or investors looking to enhance value. The central hallway leads to a spacious lounge with a distinctive bow window, seamlessly connecting to the dining area through sliding doors, allowing for flexible living arrangements. Adjacent to the dining room, a sun room adds extra light and direct access to the rear garden, which can be transformed into a vibrant outdoor space. The kitchen at the back of the house is accessible from multiple points and offers great possibilities for reconfiguration or extension (subject to planning permissions), making it an attractive option for those aiming to optimize layout and functionality. Upstairs, you will find three well-sized bedrooms alongside a family bathroom that includes essential fittings. Externally, enjoy an easy-to-maintain front lawn garden while the enclosed rear garden features paving and gravel. The property boasts off-street parking via a driveway that leads to a single garage—ideal for extra storage or vehicle accommodation. Conveniently located near local amenities such as shops and schools, alongside excellent transport links providing quick access to Newcastle City Centre, this property combines comfort with significant improvement potential in a desirable area.

Investment Analysis

(NE5 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£171/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£206
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£210,656
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (NE5)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -0.3%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on NE5 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

Hillhead Way, Westerhope NE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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