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See how verdicts work2-bedroom semi-detached house · NE15 9RH
Listing removedListed 342 days
Opportunity summary
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About
Two bedroom farm conversion with versatile accommodation... South Farm is a development of homes on the edge of the Tyne Valley where heritage and quality isthe key to each of the properties.
Originally Built by the Greenwich Royal Maritime Trust in 1865 as a model farm, this beautiful collection of stone buildings has been converted into a community of bespoke, luxury, country homes surrounded by woodland and open fields with views across the Tyne Valley.
Situated on the edge of Newcastle's green belt, the site benefits from immediate access to bridleways and local footpaths which lead to the Riverside Country Park offering 200 acres of quiet open space along the banks of the river Tyne.
Spring Cottage sits on the edge of the steading and is full of character maintaining many of the original features; with vaulted ceilings, exposed stonework and original beams all of which show the development's rich heritage.
Spring Cottage is a charming, two-storey family home, comprising to the ground floor- traditional farm kitchen, living room with traditional Northumberland arches and log burning stove, 2 spacious bedrooms, the master having the benefit of an en suite shower room.
The ground floor accommodation is completed by the family bathroom with three piece white suite.
The first floor is an incredibly versatile space and could be used for a number of purposes but is currently set up as a home office area.
Externally there is a lovely enclosed courtyard garden and a great size driveway with ample space for numerous vehicles.
Situated on the Northern slope of the Tyne Valley, Throckley enjoys a unique position with the North Pennines to the West, the Cheviot Valley to the north and the route of Hadrian's Wall running through the village.
The Northumberland Border is a mere 1.5 miles away, yet the vibrant city centre of Newcastle is within easy reach.
Commuting couldn't be easier; Newcastle's International Airport is only 5 miles away and the nearby Western Bypass links to the central Motorway Network, linking destinations North, South and West.
The location is ideal for those who want country living but at the same time want the the wide range of schools, pubs, restaurants situated in the surrounding Northumberland Villages.
We understand the property is freehold.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD230697/2
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Throckley, Newcastle upon Tyne, Tyne and Wear, NE15
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