3-bedroom detached house · NE11 9QA
Listing removedListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a rare opportunity to acquire a charming three-bedroom detached period property, this home offers a wealth of character features and excellent potential for modernisation, making it an ideal choice for buyers seeking a project in a desirable location.
Upon entering, you are greeted by a spacious hallway that leads to well-proportioned reception rooms, each benefitting from solid wood floors that add warmth and a sense of timeless elegance throughout the ground floor.
The main living area provides ample space for relaxing or entertaining, while the adjacent dining room is perfectly suited for family meals or more formal gatherings.
The kitchen, though in need of updating, is generously sized and offers scope for redesign to create a contemporary culinary space tailored to your tastes.
Upstairs, the property boasts three comfortable bedrooms, all with good natural light and pleasant outlooks, providing versatile accommodation for families or those needing additional space for guests or home working.
The family bathroom, similarly, presents a blank canvas for refurbishment.
Additional features include a large garage, ideal for secure storage or workshop use, and off-street parking for multiple vehicles, ensuring convenience for residents and visitors alike.
The property enjoys great views from many of its principal rooms, giving a sense of openness and a connection to the surrounding area.
With high ceilings, original doors, and period detailing throughout, this house retains much of its original charm and character, offering a unique opportunity to restore and enhance a classic home to your own specification.
Located in a sought-after neighbourhood with easy access to local amenities, reputable schools, and transport links, this property combines the appeal of traditional architecture with the promise of creating a bespoke modern living environment.
Early viewing is highly recommended to appreciate the full potential and attractive features of this distinguished detached residence.
Terms & Timescales This property is being sold subject to unconditional auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack A legal pack is available for this property.
We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions.
If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3000 inc VAT.
This does not form part of the purchase price.
More Information For further information please contact our auction department on or email ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.
My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly.
I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within.
If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful.
If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding.
This system makes it fairer for all parties involved and prevents last second bidding.
Living Room 5.2m x 3.88m Lounge 3.13m x 4.24m Dining Room 3.82m x 2.94m Kitchen 3.6m x 1.74m Bedroom One 5.23m x 3.91m Bedroom Two 2.72m x 4.07m Bedroom Three 3.7m x 3.71m Bathroom 2.71m x 1.91m W/C 1.33m x 0.88m Garage 7.45m x 2.98m
Value & comps
No previous sales on record.
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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 advisors 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 Dunston Bank, Gateshead, NE11
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