We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · DH3 1LR
Sold STCListed 38 daysAuction 30 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY AUCTION Online Auction Wednesday 30th September 2026 Starts 10:00 am - Bidding opens 24 hours prior Auction information available here: Three-bedroom home situated on Neale Terrace in Birtley, offering an excellent opportunity for investors or home buyers looking for a property with plenty of potential to modernise, improve and ultimately put their own stamp on.
With generous living accommodation, a useful kitchen extension and fantastic access to local amenities and transport links, this property provides a great opportunity for those looking to add value.
The property briefly comprises an entrance porch leading into a welcoming hallway, with access to a spacious lounge providing a generous main living area.
To the rear is a separate dining room, along with the kitchen extension which benefits from a useful lean-to, providing additional practical space and storage.
To the first floor are three well-proportioned bedrooms, two of which are comfortable doubles.
The accommodation is completed by a family bathroom, while the landing benefits from a number of useful storage cupboards, providing excellent additional storage.
Externally, the property benefits from a front garden and a private rear yard, offering a low-maintenance outdoor space with plenty of potential.
Ideally positioned for access to local shops, pubs, restaurants and excellent bus links, the property is well placed for day-to-day convenience.
A fantastic opportunity for buyers or investors looking for a property with scope for modernisation and the potential to add value.
Neale Terrace is situated within an established residential area and is easily accessible to a good range of shops, schools and amenities in Birtley and Chester le Street.
Excellent road networks are immediately accessible including the A167 and A1(M) at the nearby Angel of the North roundabout, linking Durham City, Gateshead, Newcastle upon Tyne and Sunderland.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Gateshead Council Council Tax Band – A Tenure – Freehold PART B Property Type – Terraced Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains ( metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- On Street PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – N/A Rights & Easements- None Flood risk – Rivers and seas: Very Low Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (inc VAT) administration fee per individual purchaser, for these checks.
Agents Property Auction Note 1 The Agents Property Auction have not inspected this property, and J W Wood has supplied the property details. None of the services has been tested.
Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors before exchanging contracts.
The details are provided in good faith and are set out as a general guide only; they do not constitute any part of a contract.
No staff member has any authority to make or give any representation or warranty concerning this property.
For sale by auction, see Agents Property Auction Note 2 Each auction property is offered at a guide price and is also subject to a reserve price.
The guide price is the level at which 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 change up to and including the auction day. The successful buyer pays a £2,000+vat (total £2,400) Auction Administration Fee.
We can refer you to a North East-based Solicitor from our panel at your request. It is your decision whether you choose to deal with them.
Should you decide to use them, you should know that we would receive a referral fee of £120, including VAT, from them, for the recommendation.
Agents Property Auction Note 3 A copy of the title is available upon request. We recommend that all potential buyers seek legal advice and satisfy their requirements before purchasing.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About Neale Terrace, Birtley, Chester Le Street, DH3
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