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Orange Grove, Annitsford, Cramlington NE23 - Image 1
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Orange Grove, Annitsford, Cramlington NE23 - Image 11

Orange Grove, Annitsford, Cramlington NE23

North East

£80,000

Listed on 10/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house, located in the quiet Annitsford Village and just a short drive from Cramlington town centre, presents a compelling opportunity for investment or renovation. The property is equipped with gas central heating and double glazing, yet requires updating to realise its full potential. The living space includes a cozy living room featuring a Louis style plaster fireplace and an open-plan staircase leading to the upper floor. The kitchen is functional but could benefit from modernisation, offering built-in units and ample workspace. A rear porch/utility room adds practical value with plumbing for laundry facilities. The bedrooms are modest in size, providing comfortable accommodation, while the bathroom features essential amenities including an electric shower over the bath. One of the standout features of this home is the secluded rear garden which adjoins a wooded area, creating a private outdoor retreat ideal for enhancing landscaping or recreational improvements. Given its freehold status, this property holds significant promise for anyone looking to invest in a renovation project that can be tailored to contemporary living standards.

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Investment analysis

(NE23 area)
Area Average
£211/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.7%

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
37
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NE23)

Area prices are falling by -4.9% over the last 12 months
3 year growth: +0.9%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on NE23 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

Orange Grove, Annitsford, Cramlington NE23
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Mortgage calculator

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£
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%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 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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