2-bedroom house · NE48 3LB
For saleReduced £10k (−8.3%) on 26 AugListed 79 days
Opportunity summary
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About
For Sale by Auction: Thursday 27th of August, Option 2, Terms and Conditions apply.
This charming brick-built end terrace home offers character, practicality and village living in the sought-after location of Wark.
Entering through the spacious front porch, the property provides a welcoming first impression and useful additional storage space. Inside, the accommodation is well presented throughout.
The lounge is the main hub of the house with a central multi fuel stove giving welcoming warmth to the whole house.
The kitchen is to the rear of the house and is fitted with a breakfast bar, creating an ideal space for casual dining.
This room also benefits from a door leading directly to the rear lane, providing convenient access to the outside.
The property offers two well-proportioned bedrooms and a family bathroom, making it ideal for first-time buyers, downsizers or those seeking a village retreat.
The location also lends itself perfectly to landlords looking for an investment.
The first-floor landing benefits from both an upper-height storage cupboard and a separate spacious linen cupboard, providing valuable storage solutions rarely found in properties of this size.
Externally, there is unallocated off-street parking available, while the attractive village setting allows residents to enjoy the charm and community atmosphere that Wark has to offer.
The house sits within easy flat walking distance of the village centre offering cafe, village shop and public house.
Wark is a beautiful village nestled on the bank of the North Tyne river offering stunning views of the rolling countryside, river and historic features.
The road links are good to nearby Hexham, Bellingham and Kielder and the rural walks are renown.
Internal dimensions Lounge: 12’4 max x 12’3 max (3.76m x 3.73m) Kitchen: 14’11 max x 6’1 max (4.55m x 1.85m) Bedroom One (L Shaped): 12’5 max x 10’1 max (3.78m x 3.07m) Bedroom Two: 9’4 max x 6’5 max (3.84m x 1.96m) Bathroom: 10’6 max x 6’0 max (3.20m x 1.83m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Back Boiler / Wood Burner Broadband: Fibre to Cabinet Mobile Signal Coverage Blackspot: No Parking: On Street Restrictions and rights Public rights of way through the property?
Yes Right of access to back door across neighbour’s lane. Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser council tax band: B EPC rating: G Each auction property is offered at a guide price and is also subject to a reserve price.
The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.
Joint Agents: The Agents Property Auction Ltd. Tel Terms and conditions apply see
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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