3-bedroom terraced house · NE17 7BY
Sold STCListed 28 daysAuction 20 Oct · ended
Opportunity summary
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About
For sale by online auction on Tuesday, 20 Oct 2026 ending at 11:37 Spacious three-bedroom terraced property offering approximately 902 sq. Ft.
Of accommodation, a generous rear yard and excellent scope for refurbishment and value enhancement. Call your move rowlands gill to arrange A viewing.
Offered for sale by auction is this spacious three-bedroom terraced property situated on Severn Street in the popular village of Chopwell. Providing approximately 83.6 sq. Metres (902 sq.
Ft.) of accommodation, the property offers generous room sizes throughout and represents an excellent opportunity for investors, developers or owner-occupiers looking for a property with scope to add value.
The ground floor comprises a spacious living room, a particularly generous kitchen/dining room, useful storage, hallway and a separate utility room to the rear.
To the first floor are three bedrooms together with a family bathroom and landing.
Externally, the property benefits from a substantial enclosed rear yard providing useful outside space, while the attractive traditional stone-built frontage overlooks a pleasant grassed area.
The property would benefit from a programme of cosmetic improvement and modernisation in areas, giving the successful purchaser an opportunity to refurbish to their own specification.
Once improved, the property could make an attractive family home or buy-to-let investment. Key Features: Three-bedroom terraced property Approx. 83.6 sq. Metres / 902 sq. Ft.
Spacious living accommodation Large kitchen/dining room Separate utility room Three first-floor bedrooms Family bathroom Generous enclosed rear yard Traditional stone-built property Scope for refurbishment and value enhancement Ideal investment or owner-occupier opportunity Popular Chopwell location Location Severn Street is situated within the established village of Chopwell, with access to a range of local amenities, schooling and transport connections.
The property is well positioned for access towards Newcastle, Gateshead and the wider North East, making it potentially attractive to both residential buyers and investors.
Auction Opportunity An excellent opportunity to acquire a substantial three-bedroom property offering generous accommodation and con Portrait Video Tour False Additional Fees Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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About 29 Severn Street Chopwell, Newcastle upon Tyne
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