3-bedroom semi-detached house · NE39 1QZ
Listing removedListed 79 daysAuction 27 Aug · ended
Opportunity summary
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About
FOR SALE BY AUCTION Available for Sale by Online Auction 27th August 2026 10:00am - Bidding opens 24 hours prior Property in need of full refurbishment, set on a spectacular corner plot with a detached garage.
The property is ideal for investors looking to add value, as well as first-time buyers wanting to put their own stamp on a home and get stuck into a project.
The property also benefits from double glazing. Downstairs briefly comprises a hallway, a large lounge/dining room with front and rear-facing windows, and a kitchen with access to the rear garden.
Upstairs, there is a separate shower room and WC, along with three bedrooms, two of which are doubles.
Externally, the property benefits from a detached garage, off-street parking, and front and rear gardens. The property also benefits from occupying a corner plot.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (Total £2400) Auction Administration Fee.
OPTION 1.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Gateshead Council Council Tax Band – C Tenure – Freehold PART B Property Type – Semi Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Off Street parking PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – NO Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – YES Probate- The sale of the property is subject to obtaining probate Rights & Easements- NONE Flood risk – Rivers and seas: Very Low Surface water: Very Low Coastal Erosion – N/A Protected Trees – N/A Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
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.
Area
Agent & docs
FAQ
About Sherburn Park Drive, Rowlands Gill, Gateshead, NE39
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