3-bedroom terraced house · NE40 4AY
Sold STCListed 70 days
Opportunity summary
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About
This extended, traditional three-bedroom terraced house should have particular appeal for couples and families looking for a spacious and well-presented home that has been tastefully and sympathetically modernised to provide a beautiful home.
Situated in a pleasant position elevated from Rockwood Hill Road, in Greenside, the house provides beautifully appointed accommodation that includes, on the ground floor: an entrance lobby with a composite front door and a glazed door through to the hall, which leads to the spacious living room with laminate flooring, a gas fire set in a granite hearth and painted wooden surround and with shelving to the alcoves either side.
To the rear, the dining room also has laminate flooring, fitted shelves and a cupboard to one alcove and a under-stair cupboard, and a door through to the contemporary fitted kitchen, which has taupe-coloured units, granite-effect wortkops, built-in electric oven, induction hob with extractor over, integrated microwave and recessed spotlights.
A door to the side leads through to the utility/rear porch, which has units and a wood-effect worktop, plumbing for a washing machine and slimline dishwasher and a door to the rear yard.
The stairs from the hallway lead up to the first floor, with the bathroom off the half landing, fitted with a contemporary white suite comprising a panelled bath with hand-held shower attachment, a separate shower cubicle with dual-head mains-fed shower, a pedestal wash basin and W.C., and with tiled walls and recessed spotlights.
The landing has two built-in cupboards and a hatch with a drop-down ladder to the boarded loft space, which houses the Worcester combi. boiler and has a light.
There are two spacious double bedrooms and a single bedroom, which could be alternatively used as an office/study.
Externally, there is a patio and pebbled seating area to the front, with steps to/from the front door and pedestrian access along the front of the terrace.
To the rear, there is an enclosed yard with a resin surface (laid in August 2026), and with a gate to/from the private/unadopted rear lane.
The vendors have advised that the main roof and flat roof have both been refitted/renewed in the last 10 years, and the house has also been rewired during that time.
The house has gas central heating, via Worcester combi. boiler, and UPVC double glazing throughout. Parking is on-street.
Location - Ashwood Terrace is a small terraced elevated above and accessed from Rockwood Hill Road, in Greenside, which is a semi-rural village next to Ryton with fantastic nearby countryside walks, situated at the edge of the Tyne and Derwent Valleys.
Within the village there are amenities including shops, churches, public houses, the local primary school - just down the road - and public transport links, with easy access to major roads, including the A695, connecting to the neighbouring villages and towns, including Prudhoe, Ryton, Rowlands Gill, Hexham and the regional centres of Gateshead and Newcastle, which are approximately 9 miles to the east.
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. CRA260250/2
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Ashwood Terrace, Greenside, Ryton, Tyne and Wear, NE40
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