Modern Method of Auction
Auction date not yet published
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See how verdicts work2-bedroom terraced house · NE27 0QX
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sale by modern method of auction - date to be confirmed. A fantastic opportunity to purchase a spacious two-bedroom house in the increasingly popular area of Shiremoor.
This property is ideally set back on a quiet pedestrian street, boasting a peaceful green area to the front and a private yard to the rear.
It represents an excellent choice for first-time buyers or investor. Approaching the property, you are greeted by a pleasant green space providing a quiet outlook.
The bright entrance hallway leads upstairs and into the ground-floor living space.
A highlight of the ground floor is the spacious living room, naturally lit by a large window, and complete with a handy under-stairs storage cupboard.
French-style doors seamlessly connect the hallway to the lounge, creating an open and welcoming feel.
The modern, generously sized kitchen features a built-in oven and hob, ample worktop space, and plenty of storage.
A dedicated breakfast bar area offers the perfect spot for casual dining or morning coffee.
Positioned between the kitchen and bathroom is a highly functional utility/storage alcove, perfect for housing additional appliances.
To the very rear, the family bathroom is equipped with a three-piece suite, including a WC, sink, and a bath with an overhead shower.
Upstairs, the property features two excellently proportioned, spacious bedrooms. Externally, the low maintenance rear yard provides a private space to enjoy sunny days and summer BBQs.
A secure gate at the back of the yard leads directly to the rear lane, where convenient parking is available. Additional parking can also be found at the end of the pedestrian street.
Shiremoor is an increasingly popular area choice due to its excellent local amenities, well-regarded schools, and nearby shops.
Transport links are good, with the local Metro station providing quick access to Newcastle city centre.
The property is also perfectly positioned for easy commutes to North Tyneside General Hospital and the Silverlink Retail Park.
Furthermore, the stunning coastline stretching from Whitley Bay to Tynemouth is just a short drive or Metro journey away.
EPC coming soon This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold) If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Entrance Hall 0.97m x 2.06m - 3'2” x 6'9” Living Room 4.55m x 4.81m - 14'11” x 15'9” Kitchen 2.55m x 2.53m - 8'4” x 8'4” Hall 2.33m x 0.83m - 7'8” x 2'9” Bathroom 2.54m x 1.59m - 8'4” x 5'3” Bedroom 2.72m x 4.83m - 8'11” x 15'10” Bedroom 2.82m x 3.75m - 9'3” x 12'4” Yard Front Access
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
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FAQ
About 18, Charles Avenue, Newcastle upon Tyne
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