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See how verdicts work2-bedroom house · NE39 2HJ
Listing removedListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***two bed terrace*** ***shower room upstairs*** ***garden pod in rear yard*** Pattinson are pleased to welcome this beautifully presented two bedroom terrace, located on Towneley Terrace in High Spen.
The property comprises a living room, dining room and kitchen to the ground floor, with two bedrooms and the shower room upstairs. Externally, there is a rear yard with an insulated garden pod.
Parking is on the street to the front.
Towneley Terrace is conveniently located for access to both High Spen and Chopwell, which gives access to a range of parks, shops, restaurants, schools and healthcare facilities, with Garesfield Golf Club less than 1 mile from the property.
There are several buses leave from the bus stops on Clayton Terrace Road, which take you to Consett, Gateshead MetroCentre, and Newcastle. Please contact our Whickham Team to arrange a viewing.
Council Tax Band: A Tenure: Freehold Living Room Storage cupboard, uPVC double glazed window, central heating radiator, wooden flooring, open with the dining room.
Dining Room UPVC double glazed window, wooden flooring, open plan with the kitchen. Central heating radiator and stairs to the first floor.
Kitchen A range of wall and floor units, integrated gas hob, electric oven and microwave. Undercounter space for washing machine and dish washer, and space to fit a fridge/freezer.
UPVC double glazed window and door leading to the rear yard. Landing Doors leading to Bedrooms 1 and 2, and the family bathroom.
Bedroom 1 Double room with uPVC double glazed window, central heating radiator, wooden parquet flooring. Bedroom 2 Double room with in-built storage cupboard housing the boiler.
UPVC double glazed window, small single glazed original window. Central heating radiator. Shower Room Pedestal sink, low lying toilet and walk-in shower unit. Wood effect flooring.
Original feature window with stained glass insert. Externally There is a yard to the rear, which houses a garden pod, which is electrified and lends itself to a multitude of uses.
Garden Pod Featuring two uPVC windows, and a French door, the building is served by electricity. Information The property has had a dampcourse injected in 2023, which comes with a 25 year guarantee.
The property is located within Gateshead Council's boundary. Council Tax is Band A (accurate as of April 2025).
Value & comps
No previous sales on record.
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 asking
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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 27, Towneley Terrace, Rowlands Gill
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