2-bedroom terraced house · NE40 4SE
Sold STCListed 62 days
Opportunity summary
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About
Originally built around the 1850s, this extended terraced cottage combines period character with contemporary open-plan living, benefitting from a pleasant rear garden with countryside views and a quaint village setting along Folly Lane, at the edge of Greenside, on the semi-rural outskirts of Ryton.
The ground floor has a composite entrance door into the hallway, which flows through to the characterful and generously-proportioned living room with a cosy wood-burning stove and light décor that provides a relaxing space at the heart of the home.
There is open access through to the kitchen/dining room to the rear, which is fitted with cream units and includes an integrated Bosch electric oven, gas hob (with extractor over), slimline dishwasher and a fridge.
There are two skylight windows that bring in additional light to the room, along with a stable-style composite door out to the yard and the garden/garage beyond.
Immediately off the kitchen diner is a small cloaks/utility space with plumbing for the washing machine and a door through to the handy W.C.
There is a nicely-proportioned sitting room situated to the front of the house, off the hallway, which has an electric fire, and makes an excellent and versatile additional reception room, which could alternatively be used as a further bedroom or home office Upstairs, the landing has two useful storage cupboards and leads to the two spacious double bedrooms, both with fitted wardrobes along one wall, providing further practical storage.
The rear bedroom benefits from those far-reaching countryside views and is adjacent to the bathroom, which is fitted with a modern white suite, including a bath, a separate shower cubicle a wash basin and W.C.
set in vanity unit, and a heated towel rail.
Externally, the property enjoys a pleasant rear yard immediately out from the back door, with a decking area, and there is a driveway with a garage directly behind, over the private rear lane.
The garage (which measures 5.05m x 3.17m / 16’6” x 10’5”) has electric sockets, a light and a electric roller door, along with a side door for access to/from the garden.
There is a small garden area directly to the side of the garage, which opens up to a well-proportioned lawned garden with flower beds behind, with an appealing wooden archway leading through to another, more secluded, patio area beyond, with views directly across the fields.
The house has a Potterton gas combi. boiler (serviced in March 2026) and UPVC double glazing throughout. Viewing highly recommended.
Location - Folly Yard is pleasantly positioned along Folly Lane, just off Lead Road, at the rural edge of the popular village of Greenside, offering a semi-rural setting with a strong sense of nature and surrounding greenery (including 'The Folly' Nature Reserve, nearby, which is managed by Durham Wildlife Trust).
It is an excellent location from which to explore the Tyne Valley, which is an area well regarded for its scenic countryside, riverside walks and outdoor pursuits.
Greenside itself benefits from a selection of everyday amenities, including local shops, a primary school and community facilities within the village environment.
Additional amenities can be found in nearby Ryton and Crawcrook, which offer further shops, services and riverside walks along the Tyne.
Alongside the peaceful surroundings, the area remains well connected and Newcastle city centre is within comfortable commuting distance (7 miles by road) as well as main transport links including bus and rail services (from nearby train stations in Prudhoe, Wylam and Blaydon).
The A695 along with the nearby A1 and A69 also offer convenient driving routes across the region and beyond 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. CRA260138/2
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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FAQ
About Folly Yard, Greenside, Ryton, Tyne and Wear, NE40
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