Modern Method of Auction
Auction date not yet published
2-bedroom semi-detached house · NE32 3TX
For saleReduced £5k (−5.9%) on 20 OctListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to present this truly charming semi-detached, two-bedroom semi detached family home located on Finchale Terrace, Jarrow.
This property guarantees a blend of tranquility and convenience with its strategic location.
As you enter the property, you'll find a warm and inviting reception room, setting the tone for the rest of this exquisite home.
The lounge is truly the heart of this property, exuding a feeling of brightness and airiness that comes from the generously-sized windows flooding the place with natural light.
The lounge seamlessly transitions into an open plan kitchen/diner that is perfect for hosting dinner parties or relishing quieter family meals.
The kitchen is neatly laid out with plenty of storage and workspace for home cooking, and the dining area.
Upstairs, the property boasts two well-proportioned bedrooms that are serviced by a modern and practical bathroom.
The bedrooms emanate a sense of serenity and relaxation, perfect for unwinding after a long day.
Externally this property offers a well maintained, large rear garden while to the front there is a further private lawned garden complemented by off street parking.
The location of Finchale Terrace is the perfect balance of suburban living with the convenience of local amenities within easy reach, resulting in a truly ideal space to call home.
In summary, this residence presents an exciting opportunity for those seeking a blend of comfortable living with a touch of modern style.
Call Pattinson Estate Agents today for more information or to arrange a viewing: Or Email: Council Tax Band: A Tenure: Freehold External Front Private enclosed lawned garden, gated access to rear aspect, driveway leading to entrance; Entrance/Hallway Upvc door leading to entrance, stairs to first floor; Lounge (3.62m x 4.17m) Double glazed window to front aspect, electric fire with feature surround, gas central heating radiator, built in storage (Combi Boiler); Kitchen / Diner (2.05m x 5.07m) A range of wall & base units with contrasting work surfaces, 1.5 stainless steel sink with mixer tap over, tiled splashbacks, integrated electric oven, gas hob with extractor over, gas central heating radiator, laminate flooring, double glazed window to rear aspect; Utility (2.56m x 2.59m) Double glazed window to rear aspect, plumbing for washing machine, space for fridge freezer, Upvc part glazed door leading to large rear garden; Cloak (1.64m x 1.16m) Double glazed window to rear aspect, wall mounted hand wash basin, w.c, laminate flooring; First Floor Landing (1.11m x 1.76m) Double glazed window to side aspect; Bedroom One (4.17m x 3.02m) Double glazed window to front aspect, gas central heating radiator, built in storage; Bedroom Two (2.75m x 3.25m) Double glazed window to rear aspect, gas central heating radiator; Family Bathroom (1.79m x 1.90m) A white suite comprising; Shower cubicle with mains shower over, wall mounted wash hand basin, w/c, gas central heating chrome towel radiator, lvt flooring, double glazed window to rear aspect; External Rear A large private enclosed lawned garden, gated access to front aspect; Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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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 advisers 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.
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FAQ
About 42, Finchale Terrace, Jarrow
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