3-bedroom terraced house · NE39 2FB
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 25% Shared Ownership ** Jan Mitchell Properties proudly presents this superb Avant Homes built end-terrace residence situated on Brockwell Road in the new development in High Spen.
The property is offered with a monthly rent of £460 and must to seen to appreciate the accommodation on offer.
The property briefly comprises:- Entrance hallway providing access to a WC, a generously sized lounge with open staircase, utility cupboard and French doors to the rear garden, opening on to the modern kitchen featuring a range of fitted floor and wall units, integrated appliances, and coordinated work surfaces including a breakfast bar.
Ascending to the first floor, you'll find three bedrooms, the main with built-in open wardrobes, along with a three piece modern family bathroom WC with shower over the bath.
Externally there is a double driveway to the front providing off-street parking for multiple vehicles and a charming rear garden with lawned and patio areas along with an outside tap, that make it a perfect space for entertaining during those long summer nights.
Location High Spen is a former mining village in the Metropolitan Borough of Gateshead, it offers an array of local amenities within the village itself including a primary school, convenience store, The Bute Arms pub and a micro pub called Wigs.
Further amenities can be found in nearby Rowlands Gill and further afield in Gateshead and Newcastle via trunk roads and bus routes.
IMPORTANT NOTE TO PURCHASERS We endeavour to make our property details accurate.
However, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Some of the imagery may have been enhanced by AI.
Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency.
All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing.
Prospective purchasers must make further enquiries with their legal adviser Council Tax Band: B (Gateshead Council) Tenure: Freehold
Value & comps
No previous sales on record.
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 asking
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
Agent & docs

FAQ
About Brockwell Road, High Spen, Rowlands Gill
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