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See how verdicts work3-bedroom terraced house · NE39 2JB
For saleListed 1 dayAuction 17 Nov · in 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 16th November at 1pm and ending 24 hours later on Tuesday 17th November from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast Spacious three-bedroom terraced home with modern kitchen, two character fireplaces, driveway and generous rear garden with raised decking overlooking mature woodland.
Please call Your Move Rowlands Gill to arrange a viewing!
An excellent opportunity to purchase this spacious and well-presented three-bedroom terraced property, situated in the popular residential location of Victoria Garesfield.
Offering generous accommodation, a modern fitted kitchen, character features and an attractive rear garden overlooking mature woodland, the property will appeal to homeowners and investors alike.
The ground floor accommodation comprises an entrance hallway, a spacious living room featuring a traditional fireplace and French doors opening directly onto an elevated timber decking area, providing an ideal space for outdoor entertaining whilst enjoying the pleasant green outlook.
The generously proportioned kitchen/dining room is fitted with a range of contemporary wall and base units, complementary work surfaces, tiled splashbacks and a range-style cooker, with ample space for dining.
A separate utility area/WC provides additional practicality.
To the first floor are three well-proportioned bedrooms, two of which benefit from attractive feature fireplaces, adding character and charm.
The accommodation is completed by a modern family bathroom fitted with a contemporary white suite, including a bath with shower over, wash basin and WC.
Externally, the property benefits from a driveway to the front providing off-street parking.
To the rear is an attractive enclosed garden, predominantly laid to lawn with established shrubs and planting.
A particular highlight is the raised timber decking area, accessed directly from the living room, which overlooks the garden and surrounding mature woodland, offering a pleasant and private-feeling outdoor setting.
Situated in Victoria Garesfield, the property enjoys a semi-rural setting whilst remaining conveniently positioned for local amenities in Rowlands Gill and surrounding villages.
The nearby Derwent Walk Country Park provides excellent opportunities for walking and cycling, whilst Newcastle, Gateshead and the wider North East are accessible via the surrounding road network.
Offering spacious accommodation, off-street parking and an attractive woodland backdrop, this property presents an excellent opportunity for purchasers seeking a family home or an addition to their investment portfolio.
Early viewing is highly recommended to appreciate the accommodation and setting on offer. Tenure: Freehold EPC Rating: D Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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 2 Alexandra Street, Victoria Garesfield, Rowlands Gill, Tyne and Wear NE39 2JB
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