3-bedroom semi-detached house · NE40 3BX
Sold STCListed 33 days
Opportunity summary
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About
This impressive and well-presented semi-detached house is situated within the Summerhill View estate in Ryton and was built by Bellway Homes in 2023.
It is available to buy at the 80% Discounted Market Value of £184,000, providing 100% freehold ownership of the property for 80% of the current market value for eligible buyers (please enquire for information regarding eligibility requirements).
The house has the remainder of a 10-year NHBC warranty - until July 2033 - and provides tasteful and contemporary accommodation that should appeal to couples and families in particular.
The ground floor has marble-tile-effect LVT flooring throughout with a contemporary composite door opening into the entrance lobby, with a well-appointed cloakroom/W.C.
straight ahead and a door into the well-proportioned living room, which has an under-stair cupboard and stairs up to the first floor.
The kitchen / dining room is situated to the rear, with French doors out to the landscaped garden, and is fitted with a sleek, contemporary range of anthracite units with marble effect worktops, one-and-a-half bowl composite sink, built-in electric oven, gas hob with extractor over and integrated appliances (fridge/freezer, dishwasher and washing machine).
There is a pleasant dining area to one side, looking out over the garden.
To the first floor, the landing leads to the three bedrooms, with the main bedroom suite including a spacious built-in cupboard and a stylish en suite shower room with a walk-in double-length shower cubicle with dual-head shower, Roca wash basin and W.C.
with concealed cistern, part-tiled walls, recessed spotlights and an extractor. The second and third bedrooms are situated to the front with the third bedroom currently being used as a dressing room.
The bathroom is also beautifully presented and has a contemporary white suite with a panelled bath, Roca wash basin and W.C., a towel radiator, recessed spotlights and extractor.
Externally, the rear garden has a flagged patio area and a well-proportioned lawn with a wooden shed standing on a level base and another level base area to the other far corner.
There is a flagged path and a gate along the side, for access. To the front there are two block-paved parking spaces immediately outside the house, with an electric car charging point.
Agent's Notes - 1.
Any purchaser wishing to sell the house in the future must similarly sell at 80% of the market value at that time, which must be approved by Gateshead Council and may require a RICS valuation. 2.
We understand that there will be an annual estate maintenance charge payable, once the estate has been completed. We cannot yet confirm this amount but will advise of this as soon as possible.
Location - Brimstone Close is situated with the Summerhill View development within this modern estate in Ryton, with nearby access to/from the A695.
This convenient setting is within 0.7miles of local amenities in Ryton village, which offers a selection of independent shops, cafés, and everyday conveniences, while Blaydon and the Metrocentre provide extensive retail and leisure options, just along the A695.
There are local schools in the area as well as countryside and riverside walks and cycle routes, along the Tyne Valley.
The area is well served by road links, with the A695 providing quick connections to Newcastle upon Tyne (8 miles east), Gateshead, and the wider Tyne Valley, making it an ideal location for both commuters and families alike.
There are also train stations in Wylam, Prudhoe and Blaydon, along the Newcastle-to-Carlisle line.
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. CRA260321/2
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.
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FAQ
About Brimstone Close, Ryton, Tyne and Wear, NE40
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