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2 Bed Terraced House, Refurb/BRRR, Rowlands Gill, NE39 2PB £40,000

27 Cowen Terrace, Rowlands Gill, Tyne And Wear, NE39 2PB - 5 views - 5 months ago
  1. Deal Search
  2. Rowlands Gill
  3. NE39
  4. NE39 2PB
Auction
Negative Equity
Refurb/BRRR
Motivated
ROI: 5%
~65 m²

ValuationFair Value

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Links

  • More Deals in Rowlands Gill
  • More Deals in NE39
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Rowlands Gill
  • More Refurb/BRRR Deals in NE39

Property History

Listed for £40,000

-98%

July 24, 2025

Sold for £79,000

2003

Sold for £53,000

2002

Sold for £32,000

1998

Floor Plans

Description

  • Two-Bedroom Terraced House +
  • No Onward Chain +
  • Sold via Auction 11/08/25 13:00 +
  • Approx. Floor Area 63sq.m. / 678.13sq.ft. +
  • EPC Rating: Awaiting +
  • Council Tax Band A +

Auction Date Commencing on Monday 11th August at 1pm and ending 24 hours later on Tuesday 12th August at 1pm with Auction House North East

Please register to bid via the Auction House website - auctionhouse.co.uk/northeast

Guide £40,000 - £80,000

An exciting opportunity to acquire this chain-free two-bedroom mid-terraced home, ideally located in the heart of Rowlands Gill. This property offers excellent potential for buyers looking to refurbish and add value, making it perfect for investors, first-time buyers, or those seeking a project.

Similar properties let for around £700pcm

The ground floor comprises a kitchen fitted with a gas hob and gas oven, along with plumbing for a washing machine and space for additional appliances. The bathroom includes a white suite with a shower over the bath. The living room features a gas fire, built-in storage housing the boiler (installed in 2013, as advised), and French doors opening out to an enclosed rear garden.

Upstairs, there are two well-proportioned bedrooms, with the main bedroom benefiting from mirrored fitted wardrobes. The landing also provides access to the loft via a hatch, offering potential for storage or further development subject to the necessary consents.

Externally, the property benefits from an enclosed front yard providing off-street parking, while to the rear there is a small enclosed garden with a patio area and artificial grass—ideal for low-maintenance outdoor space.

Cowen Terrace is situated just off Station Road/Lockhaugh Road (A694) in Rowlands Gill, approximately 0.5 miles from the village centre, which has some shops and amenities, including a doctor's surgery, Post Office, pharmacy and a Tesco Express. Rowlands Gill Primary School is situated within the estate, while Newcastle city centre is approximately 8 miles, the Metro Centre and access to the A1(M) is 5 miles along the A694 and Newcastle Airport is 10 miles away. There are popular countryside walks and cycle routes in the area, including the Red Kite Trail and Derwent Country Walk, while the National Trust's Gibside estate is at the edge of the village.

Tenure: Freehold

EPC Rating: Awaiting

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.

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.

QRW250225/2

Agent Details

YOUR MOVE Chris Stonock, Rowlands Gill

01207 265930

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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