3-bedroom terraced house · NE39 2BJ
Listing removedListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a beautifully proportioned three-bedroom mid-terraced home, built in 1905, full of original period features.
Boasting a generous garden and flexible living space, this property offers the perfect canvas to create a dream family home.
With scope for modernisation, it combines character, space, and potential in a highly desirable location.
The property comprises a spacious entrance porch leading into a welcoming hallway with handy understairs storage.
The living room features a large central bay window and a 1970s stone feature fireplace housing a gas fire, creating a bright and cosy space.
The dining room retains its original fireplace with elegant wood surround and built-in storage, seamlessly blending period charm with practicality.
The recently fitted modern kitchen offers a range of wall and base units, induction hob, electric oven, access to the rear yard, and a useful pantry for additional storage.
To the first floor, there is a recently refurbished shower room with walk-in shower, vanity unit, and built-in storage housing the boiler (advised to be under 10 years old), alongside a separate WC.
The property also offers two double bedrooms, both with original ornamental fireplaces, and a further single bedroom, providing flexible accommodation for family living or a home office.
To the front, there is a town-style garden, while to the rear an enclosed courtyard features a useful outbuilding.
Beyond the rear service lane, a good-sized lawned garden offers a private and versatile outdoor space, perfect for family activities or entertaining.
Combining period character, generous living space, and excellent potential, this property is a fantastic opportunity for those looking to create a stylish and comfortable family home in a sought-after location.
Offered with no onward chain. The property is currently unregistered; however, the current owner has submitted an application for first registration.
The house is situated within a terrace on Hugar Road, which runs through the village of High Spen, a former mining village at the edge of Rowlands Gill and now part of the Metropolitan borough of Gateshead.
There are some shops and amenities in the village, which is at the entrance to Chopwell Woods - a popular attraction for many in the area, particularly at Christmas - and is 9.5 miles from Newcastle and just under 13 miles from the airport.
There are local countryside walks and cycle routes in the area and High Spen Primary School.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QRW250391/2
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs

FAQ
About Hugar Road, High Spen, Rowlands Gill, Tyne and Wear, NE39
Explore nearby