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2 bed flat for sale Westmorland Street, Wallsend, NE28

Asking Price

£50,000

Added on 30/09/2026

Type: Flat
Bedrooms: 2
Tenure: Ask agent

Council tax Band A £1,641 a year

Key features

Two-Bedroom Flat in Wallsend
Located in an Established and Well-Connected Area of Wallsend
Two-Bedroom Layout and Substantial Scope for Improvement
The Property is Close to Local Shops, Schools, Amenities and Public Transport
Reference: 484274

About this property

Property Description

Two-bedroom flat in Wallsend offering an excellent refurbishment and investment opportunity. Ideal for an investor, developer or experienced buyer looking for a project with potential to add value.

The flat has two bedrooms and offers scope to modernise and improve the accommodation.

Located in an established and well-connected area of Wallsend, the property is close to local shops, schools, amenities and public transport, including the Tyne and Wear Metro. Excellent road links provide easy access to Newcastle, the coast and surrounding areas.

Council tax

Band A £1,641 a year

Per year

Band A

This home: £1,641
Band B

£1,915
Band C

£2,188
Band D

£2,462
Band E

£3,009
Band F

£3,556
Band G

£4,103
Band H

£4,924

This home is in band A, which costs £1,641 a year in North Tyneside for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across North Tyneside, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

43 comparables · within 3 miles

Cheaper than 100% of the 2-bed flats for sale nearby right now.

This home, £50,000 Median £125,000 · £80,000 – £170,000

Compared with 43 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Westmorland Street, Wallsend, NE28

Open map Street View

Mortgage and stamp duty

Property price £50,000

£25k £75k

Deposit10% £5,000

£0 £50k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
65, Westmoreland Street Terraced	Terraced	Nov 2025	657 sq ft £112/sq ft	657 sq ft	£112	£73,500
13, Westmoreland Street Flat / maisonette	Flat / maisonette	Apr 2025	592 sq ft £118/sq ft	592 sq ft	£118	£70,000
59, Westmorland Street Flat / maisonette	Flat / maisonette	Feb 2023	570 sq ft £104/sq ft	570 sq ft	£104	£59,500
2, Westmorland Street Flat / maisonette	Flat / maisonette	Aug 2022	904 sq ft £107/sq ft	904 sq ft	£107	£97,000
23, Westmorland Street Flat / maisonette	Flat / maisonette	Mar 2022	721 sq ft £85/sq ft	721 sq ft	£85	£61,000
41, Westmorland Street Flat / maisonette	Flat / maisonette	Nov 2021	624 sq ft £88/sq ft	624 sq ft	£88	£55,000
9, Westmorland Street Terraced	Terraced	Apr 2021	1,367 sq ft £99/sq ft	1,367 sq ft	£99	£135,000
11, Westmoreland Street Flat / maisonette	Flat / maisonette	Jan 2021	721 sq ft £83/sq ft	721 sq ft	£83	£59,950