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Danby Close, Rickleton, Washington NE38

North East

£340,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

Nestled in a desirable cul-de-sac in Rickleton, this spacious detached family home presents an excellent investment opportunity. With generous living space and a well-proportioned plot, this property is ripe for transformation into a personalized haven. The location offers peace as well as accessibility to local amenities, transport options, and respected schools, making it an ideal setting for families. The interior boasts a sizable lounge perfect for relaxation and entertaining, complemented by a dedicated dining room for family gatherings. The sunroom provides delightful views of the expansive rear garden, which is adorned with mature landscaping that adds both beauty and privacy. The kitchen, alongside a separate utility room and ground floor WC, offers practicality while also allowing room for modern updates. Upstairs features three generously sized bedrooms, highlighted by a master suite with en-suite facilities. A family bathroom is conveniently positioned to serve the other two bedrooms. The large garden area not only enhances the property's curb appeal but also offers incredible potential for outdoor improvements such as entertaining spaces or children's play areas. The front of the property includes a driveway and integral garage providing ample off-street parking. This home stands out due to its combination of space and potential—ideal for those looking to invest their creative vision into an established property in one of Rickleton's most attractive settings.

Investment Analysis

(NE38 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (NE38)

Area prices are rising by +8.5% over the last 12 months
3 year growth: +22.5%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on NE38 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

Danby Close, Rickleton, Washington NE38
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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
£1,284
Based on a loan of £255,000 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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