2-bedroom terraced house · NE15 8EJ
Listing removedListed 50 daysAuction 22 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Tuesday, 22 Sep 2026 ending at 11:28 A superbly presented and recently refurbished two-bedroom end-terraced home, offering spacious turnkey accommodation, modern kitchen and bathroom, generous garden and vacant possession.
Open to pre auction offers. Mortgage Buyers Welcome. Longer Completions Available Subject to being Pre Agreed with the Auctioneer.
The property has been finished to an excellent standard throughout and will appeal to a range of buyers, including owner-occupiers, first-time buyers and buy-to-let investors.
Open house viewing (no need to book) Thursday 3rd September 2:00pm - 2:30pm Friday 4th September 12:00pm – 12:30pm The ground floor comprises a particularly spacious living room with feature bay window, attractive fireplace and modern herringbone-style flooring.
To the rear is a contemporary fitted kitchen with a range of high-gloss units, integrated appliances, wooden worktops and access to a useful rear hall and separate WC.
To the first floor are two well-proportioned bedrooms, including an impressive main bedroom extending to approximately 4.8m x 3.8m, together with a stylish modern bathroom featuring a bath with shower over and contemporary fitted sanitary ware.
Externally, the property benefits from a generous enclosed garden with low-maintenance landscaping, gated access and an additional rear yard area.
Further benefits include gas central heating, double glazing and neutral modern décor throughout. A superb turnkey property offering approximately 71 sq. M.
Of accommodation, ideally suited to buyers looking for a home or investment requiring little to no immediate work.
Tenure: Freehold EPC Rating: C Portrait Video Tour False Additional Fees Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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
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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
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FAQ
About 27 Tynevale Terrace Lemington, Newcastle upon Tyne
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